JGCHEMICALS Short Term Investments vs Other Stockholder Equity 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 Short Term Investments and its Other Stockholder Equity 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.

Short Term Investments vs Other Stockholder Equity

Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JGCHEMICALS LIMITED Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between JGCHEMICALS's Short Term Investments and Other Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Stockholder Equity 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 Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of JGCHEMICALS LIMITED are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Investments i.e., JGCHEMICALS's Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Investments

Short Term Investments is an item under the current assets section of JGCHEMICALS balance sheet. It contains any investments JGCHEMICALS LIMITED undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that JGCHEMICALS LIMITED can easily liquidate in the marketplace.

Other Stockholder Equity

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

-0.360.690.130.980.98-0.610.980.890.831.00.770.810.93-0.640.50.82-0.530.610.950.780.11.0-0.4-0.830.87
-0.36-0.820.79-0.48-0.320.95-0.26-0.14-0.73-0.4-0.81-0.77-0.110.750.27-0.780.70.14-0.2-0.80.81-0.361.0-0.03-0.6
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
0.130.79-0.34-0.050.160.570.240.37-0.190.11-0.3-0.240.430.20.78-0.260.350.480.27-0.291.00.130.77-0.53-0.1
0.98-0.480.72-0.050.95-0.690.940.810.830.980.80.830.84-0.630.330.84-0.590.520.90.8-0.080.98-0.52-0.730.87
0.98-0.320.60.160.95-0.561.00.890.780.970.710.770.94-0.620.540.78-0.390.750.990.720.140.98-0.37-0.890.9
-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
0.98-0.260.590.240.941.0-0.520.910.760.970.690.750.96-0.60.60.76-0.390.750.990.70.220.98-0.31-0.910.88
0.89-0.140.530.370.810.89-0.40.910.670.860.580.650.98-0.540.760.66-0.250.640.890.590.360.89-0.18-0.920.81
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
1.0-0.40.720.110.980.97-0.650.970.860.860.810.850.91-0.690.490.85-0.580.610.940.810.081.0-0.44-0.820.88
0.77-0.810.98-0.30.80.71-0.950.690.580.990.811.00.6-0.950.250.99-0.840.260.631.0-0.330.76-0.83-0.470.84
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
0.93-0.110.520.430.840.94-0.390.960.980.690.910.60.67-0.560.770.67-0.280.740.950.610.410.93-0.15-0.960.82
-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
0.50.270.20.780.330.540.00.60.760.360.490.250.320.77-0.390.310.050.680.610.260.770.50.24-0.840.47
0.82-0.780.96-0.260.840.78-0.940.760.660.990.850.991.00.67-0.950.31-0.770.350.70.99-0.290.81-0.8-0.560.9
-0.530.7-0.880.35-0.59-0.390.81-0.39-0.25-0.81-0.58-0.84-0.79-0.280.720.05-0.770.16-0.28-0.830.39-0.530.690.09-0.43
0.610.140.080.480.520.75-0.070.750.640.340.610.260.330.74-0.310.680.350.160.830.270.480.610.06-0.880.64
0.95-0.20.50.270.90.99-0.460.990.890.70.940.630.690.95-0.550.610.7-0.280.830.640.250.95-0.26-0.940.87
0.78-0.80.98-0.290.80.72-0.950.70.590.990.811.01.00.61-0.950.260.99-0.830.270.64-0.320.77-0.82-0.480.84
0.10.81-0.371.0-0.080.140.590.220.36-0.220.08-0.33-0.280.410.230.77-0.290.390.480.25-0.320.10.79-0.52-0.12
1.0-0.360.680.130.980.98-0.610.980.890.821.00.760.810.93-0.640.50.81-0.530.610.950.770.1-0.4-0.830.87
-0.41.0-0.830.77-0.52-0.370.95-0.31-0.18-0.75-0.44-0.83-0.79-0.150.770.24-0.80.690.06-0.26-0.820.79-0.40.03-0.64
-0.83-0.03-0.36-0.53-0.73-0.890.25-0.91-0.92-0.57-0.82-0.47-0.55-0.960.48-0.84-0.560.09-0.88-0.94-0.48-0.52-0.830.03-0.78
0.87-0.60.75-0.10.870.9-0.770.880.810.870.880.840.880.82-0.810.470.9-0.430.640.870.84-0.120.87-0.64-0.78
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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.