Jinhua Total Current Liabilities vs Total Liab Analysis
| JHC Stock | 0.01 0.01 50.00% |
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 Total Current Liabilities and its Total Liab 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.
Total Current Liabilities vs Total Liab
Total Current Liabilities vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinhua Capital Total Current Liabilities account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jinhua Capital's Total Current Liabilities and Total Liab is 0.61. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Liab 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 Total Current Liabilities and Total Liab 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 Jinhua Capital are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Liabilities i.e., Jinhua Capital's Total Current Liabilities and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Jinhua Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jinhua Capital 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 Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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.