Jinhua Long Term Debt vs Net Working Capital Analysis
| JHC Stock | 0.01 0.00 0.00% |
Jinhua Capital financial indicator trend analysis is infinitely more than just investigating Jinhua Capital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinhua Capital is a good investment. Please check the relationship between Jinhua Capital Long Term Debt and its Net Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jinhua Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Long Term Debt vs Net Working Capital
Long Term Debt vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinhua Capital Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Jinhua Capital's Long Term Debt and Net Working Capital is -0.89. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Jinhua Capital, assuming nothing else is changed. The correlation between historical values of Jinhua Capital's Long Term Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Jinhua Capital are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., Jinhua Capital's Long Term Debt and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.89 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Jinhua Capital has held for over one year. Long-term debt appears on Jinhua Capital balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Jinhua Capital balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Net Working Capital
Most indicators from Jinhua Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinhua Capital 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 Jinhua Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to climb to about 1 M in 2024. Issuance Of Capital Stock is likely to climb to about 2 M in 2024
Jinhua Capital fundamental ratios Correlations
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Jinhua Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Jinhua Stock Analysis
When running Jinhua Capital's price analysis, check to measure Jinhua Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jinhua Capital is operating at the current time. Most of Jinhua Capital's value examination focuses on studying past and present price action to predict the probability of Jinhua Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jinhua Capital's price. Additionally, you may evaluate how the addition of Jinhua Capital to your portfolios can decrease your overall portfolio volatility.