| JGCHEM Stock | | | 348.65 19.80 5.37% |
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 Total Current Liabilities and its Total Revenue 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.
Total Current Liabilities vs Total Revenue
Total Current Liabilities vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JGCHEMICALS LIMITED Total Current Liabilities account and
Total Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between JGCHEMICALS's Total Current Liabilities and Total Revenue is 0.11. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Revenue 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 Total Current Liabilities and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of JGCHEMICALS LIMITED are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Liabilities i.e., JGCHEMICALS's Total Current Liabilities and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.11 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on JGCHEMICALS balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of JGCHEMICALS LIMITED are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Total Revenue
Total revenue comprises all receipts JGCHEMICALS LIMITED generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 219.9
M | 2022 | 2023 | 2024 | 2025 (projected) |
Gross Profit | 1.5B | 1.1B | 1.3B | 1.1B | Total Revenue | 7.8B | 6.7B | 7.7B | 6.4B |
JGCHEMICALS fundamental ratios Correlations
Click cells to compare fundamentals
JGCHEMICALS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JGCHEMICALS fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.