JGCHEMICALS Selling General Administrative vs Depreciation And Amortization Analysis

JGCHEM Stock   458.50  26.00  6.01%   
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 Selling General Administrative and its Depreciation And Amortization 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.

Selling General Administrative vs Depreciation And Amortization

Selling General Administrative vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JGCHEMICALS LIMITED Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak relationship.
The correlation between JGCHEMICALS's Selling General Administrative and Depreciation And Amortization is 0.32. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization 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 Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of JGCHEMICALS LIMITED are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., JGCHEMICALS's Selling General Administrative and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 Profit1.1B1.5B1.1B1.1B
Total Revenue6.1B7.8B6.7B6.4B

JGCHEMICALS fundamental ratios Correlations

-0.360.690.130.980.98-0.610.980.890.831.00.770.810.93-0.640.50.81-0.530.610.950.780.11.0-0.4-0.830.87
-0.36-0.820.79-0.48-0.320.95-0.26-0.14-0.73-0.4-0.81-0.77-0.110.750.27-0.790.70.14-0.2-0.80.81-0.361.0-0.03-0.6
0.69-0.82-0.340.720.6-0.950.590.530.960.720.980.960.52-0.930.20.96-0.880.080.50.98-0.370.68-0.83-0.360.75
0.130.79-0.34-0.050.160.570.240.37-0.190.11-0.29-0.240.430.20.78-0.260.350.480.27-0.291.00.130.77-0.53-0.1
0.98-0.480.72-0.050.95-0.690.940.810.830.980.80.830.84-0.630.330.83-0.590.520.90.8-0.080.98-0.52-0.730.87
0.98-0.320.60.160.95-0.561.00.890.780.970.720.770.94-0.620.540.76-0.390.750.990.720.140.98-0.37-0.890.9
-0.610.95-0.950.57-0.69-0.56-0.52-0.4-0.91-0.65-0.95-0.93-0.390.890.0-0.940.81-0.07-0.46-0.950.59-0.610.950.25-0.77
0.98-0.260.590.240.941.0-0.520.910.760.970.70.750.96-0.60.60.74-0.390.750.990.70.220.98-0.31-0.910.88
0.89-0.140.530.370.810.89-0.40.910.670.860.590.650.98-0.540.760.64-0.250.640.890.590.360.89-0.18-0.920.81
0.83-0.730.96-0.190.830.78-0.910.760.670.860.991.00.69-0.950.360.99-0.810.340.70.99-0.220.82-0.75-0.570.87
1.0-0.40.720.110.980.97-0.650.970.860.860.810.850.91-0.690.490.84-0.580.610.940.810.081.0-0.44-0.820.88
0.77-0.810.98-0.290.80.72-0.950.70.590.990.811.00.61-0.950.261.0-0.830.260.631.0-0.330.77-0.82-0.480.85
0.81-0.770.96-0.240.830.77-0.930.750.651.00.851.00.67-0.950.321.0-0.790.330.691.0-0.280.81-0.79-0.550.88
0.93-0.110.520.430.840.94-0.390.960.980.690.910.610.67-0.560.770.66-0.280.740.950.610.410.93-0.15-0.960.82
-0.640.75-0.930.2-0.63-0.620.89-0.6-0.54-0.95-0.69-0.95-0.95-0.56-0.39-0.950.72-0.31-0.55-0.950.23-0.640.770.48-0.81
0.50.270.20.780.330.540.00.60.760.360.490.260.320.77-0.390.30.050.680.610.260.770.50.24-0.840.47
0.81-0.790.96-0.260.830.76-0.940.740.640.990.841.01.00.66-0.950.3-0.790.330.681.0-0.30.8-0.81-0.540.89
-0.530.7-0.880.35-0.59-0.390.81-0.39-0.25-0.81-0.58-0.83-0.79-0.280.720.05-0.790.16-0.28-0.830.39-0.530.690.09-0.43
0.610.140.080.480.520.75-0.070.750.640.340.610.260.330.74-0.310.680.330.160.830.270.480.610.06-0.880.64
0.95-0.20.50.270.90.99-0.460.990.890.70.940.630.690.95-0.550.610.68-0.280.830.640.250.95-0.26-0.940.87
0.78-0.80.98-0.290.80.72-0.950.70.590.990.811.01.00.61-0.950.261.0-0.830.270.64-0.320.77-0.82-0.490.85
0.10.81-0.371.0-0.080.140.590.220.36-0.220.08-0.33-0.280.410.230.77-0.30.390.480.25-0.320.10.79-0.52-0.12
1.0-0.360.680.130.980.98-0.610.980.890.821.00.770.810.93-0.640.50.8-0.530.610.950.770.1-0.4-0.830.87
-0.41.0-0.830.77-0.52-0.370.95-0.31-0.18-0.75-0.44-0.82-0.79-0.150.770.24-0.810.690.06-0.26-0.820.79-0.40.03-0.64
-0.83-0.03-0.36-0.53-0.73-0.890.25-0.91-0.92-0.57-0.82-0.48-0.55-0.960.48-0.84-0.540.09-0.88-0.94-0.49-0.52-0.830.03-0.78
0.87-0.60.75-0.10.870.9-0.770.880.810.870.880.850.880.82-0.810.470.89-0.430.640.870.85-0.120.87-0.64-0.78
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JGCHEMICALS Account Relationship Matchups

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Other Information on Investing in JGCHEMICALS Stock

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.