JGCHEMICALS Other Operating Expenses vs Selling And Marketing Expenses Analysis
JGCHEM Stock | 431.75 2.85 0.66% |
JGCHEMICALS financial indicator trend analysis is infinitely more than just investigating JGCHEMICALS LIMITED recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JGCHEMICALS LIMITED is a good investment. Please check the relationship between JGCHEMICALS Other Operating Expenses and its Selling And Marketing Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JGCHEMICALS LIMITED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Other Operating Expenses vs Selling And Marketing Expenses
Other Operating Expenses vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JGCHEMICALS LIMITED Other Operating Expenses account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between JGCHEMICALS's Other Operating Expenses and Selling And Marketing Expenses is 0.74. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of JGCHEMICALS LIMITED, assuming nothing else is changed. The correlation between historical values of JGCHEMICALS's Other Operating Expenses and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of JGCHEMICALS LIMITED are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Other Operating Expenses i.e., JGCHEMICALS's Other Operating Expenses and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of JGCHEMICALS LIMITED. It is also known as JGCHEMICALS overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Selling And Marketing Expenses
Most indicators from JGCHEMICALS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JGCHEMICALS LIMITED current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JGCHEMICALS LIMITED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. The current year's Selling General Administrative is expected to grow to about 191.2 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.5B | 1.1B | 1.1B | Total Revenue | 6.1B | 7.8B | 6.7B | 6.4B |
JGCHEMICALS fundamental ratios Correlations
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JGCHEMICALS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of JGCHEMICALS LIMITED at a specified time, usually calculated after every quarter, six months, or one year. JGCHEMICALS Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JGCHEMICALS and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which JGCHEMICALS currently owns. An asset can also be divided into two categories, current and non-current.