Jerash Common Stock vs Capital Stock Analysis
JRSH Stock | USD 3.36 0.03 0.90% |
Jerash Holdings financial indicator trend analysis is infinitely more than just investigating Jerash Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jerash Holdings is a good investment. Please check the relationship between Jerash Holdings Common Stock and its Capital Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jerash Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.
Common Stock vs Capital Stock
Common Stock vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jerash Holdings Common Stock account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jerash Holdings' Common Stock and Capital Stock is 0.81. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Jerash Holdings, assuming nothing else is changed. The correlation between historical values of Jerash Holdings' Common Stock and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Jerash Holdings are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Common Stock i.e., Jerash Holdings' Common Stock and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Jerash Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jerash Holdings 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 Jerash Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.As of now, Jerash Holdings' Tax Provision is decreasing as compared to previous years. The Jerash Holdings' current Enterprise Value is estimated to increase to about 50.7 M, while Selling General Administrative is projected to decrease to under 11.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 27.3M | 21.8M | 16.9M | 19.0M | Total Revenue | 143.4M | 138.1M | 117.2M | 98.3M |
Jerash Holdings fundamental ratios Correlations
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Jerash Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jerash Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 67.5M | 73.3M | 85.3M | 83.7M | 80.2M | 62.9M | |
Other Current Liab | 4.3M | 4.1M | 5.7M | 4.4M | 6.4M | 4.0M | |
Total Current Liabilities | 10.9M | 14.5M | 14.1M | 14.4M | 14.8M | 12.9M | |
Total Stockholder Equity | 54.4M | 56.4M | 69.3M | 68.2M | 64.4M | 48.6M | |
Net Tangible Assets | 54.4M | 56.4M | 68.8M | 67.7M | 77.9M | 46.0M | |
Property Plant And Equipment Net | 7.3M | 7.3M | 12.8M | 23.3M | 26.3M | 27.6M | |
Net Debt | (25.3M) | (19.2M) | (23.6M) | (17.0M) | (11.4M) | (12.0M) | |
Retained Earnings | 39.0M | 40.7M | 46.3M | 46.2M | 41.7M | 35.4M | |
Accounts Payable | 6.4M | 7.9M | 4.8M | 5.8M | 6.3M | 5.3M | |
Cash | 26.1M | 21.1M | 25.2M | 17.8M | 12.4M | 16.3M | |
Non Current Assets Total | 8.5M | 8.6M | 15.4M | 26.4M | 29.3M | 30.8M | |
Non Currrent Assets Other | 1.0M | 1.1M | 1.3M | 1.6M | 2.4M | 1.5M | |
Other Assets | 1.2M | 1.3M | 2.2M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 26.1M | 21.1M | 25.7M | 17.8M | 12.4M | 16.3M | |
Net Receivables | 5.3M | 12.4M | 11.4M | 2.3M | 5.4M | 6.4M | |
Common Stock Shares Outstanding | 11.4M | 11.3M | 11.9M | 12.7M | 12.3M | 9.7M | |
Liabilities And Stockholders Equity | 67.5M | 73.3M | 85.3M | 83.7M | 80.2M | 62.9M | |
Non Current Liabilities Total | 1.9M | 2.0M | 1.9M | 1.0M | 1.0M | 984.0K | |
Capital Surpluse | 15.0M | 15.2M | 15.6M | 23.3M | 26.8M | 28.2M | |
Inventory | 22.6M | 25.0M | 28.3M | 32.7M | 27.2M | 24.9M | |
Other Current Assets | 2.8M | 5.4M | 4.5M | 4.5M | 5.8M | 3.4M | |
Other Stockholder Equity | 15.2M | 15.3M | 22.5M | 21.8M | 22.7M | 13.0M | |
Total Liab | 12.7M | 16.6M | 16.0M | 15.5M | 15.8M | 14.1M | |
Property Plant And Equipment Gross | 7.3M | 7.3M | 12.8M | 23.3M | 42.9M | 45.0M | |
Total Current Assets | 59.0M | 64.7M | 69.9M | 57.3M | 50.9M | 50.8M | |
Accumulated Other Comprehensive Income | 204.4K | 330.4K | 506.5K | 287.6K | (78.5K) | (74.6K) | |
Property Plant Equipment | 7.3M | 7.3M | 12.8M | 22.4M | 25.7M | 27.0M | |
Short Long Term Debt Total | 860.3K | 1.9M | 1.6M | 768.7K | 989.1K | 1.2M | |
Other Liab | 1.4M | 1.2M | 1.1M | 1.0M | 901.7K | 962.3K | |
Retained Earnings Total Equity | 34.8M | 39.0M | 40.7M | 46.2M | 53.1M | 42.2M | |
Net Invested Capital | 54.4M | 57.0M | 69.3M | 68.2M | 64.4M | 62.7M | |
Non Current Liabilities Other | 1.4M | 1.9M | 2.0M | 1.0M | 1.2M | 1.7M | |
Net Working Capital | 48.1M | 50.1M | 55.7M | 42.8M | 36.1M | 48.7M | |
Short Term Debt | 210.3K | 1.0M | 739.1K | 481.5K | 370.8K | 507.8K |
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When determining whether Jerash Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jerash Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jerash Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jerash Holdings Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jerash Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jerash Holdings. If investors know Jerash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jerash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Earnings Share (0.29) | Revenue Per Share 10.036 | Quarterly Revenue Growth 0.178 | Return On Assets (0.02) |
The market value of Jerash Holdings is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.