Jerash Free Cash Flow vs Sale Purchase Of Stock Analysis

JRSH Stock  USD 3.47  0.13  3.89%   
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 Free Cash Flow and its Sale Purchase Of 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.

Free Cash Flow vs Sale Purchase Of Stock

Free Cash Flow vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jerash Holdings Free Cash Flow account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jerash Holdings' Free Cash Flow and Sale Purchase Of Stock is 0.57. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Sale Purchase Of 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' Free Cash Flow and Sale Purchase Of 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 Free Cash Flow of Jerash Holdings are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Free Cash Flow i.e., Jerash Holdings' Free Cash Flow and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Sale Purchase Of Stock

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 Profit27.3M21.8M16.9M19.0M
Total Revenue143.4M138.1M117.2M98.3M

Jerash Holdings fundamental ratios Correlations

0.910.281.00.990.71-0.830.98-0.730.860.740.540.160.860.680.94-0.59-0.890.920.970.940.970.540.610.970.94
0.910.410.90.930.76-0.710.83-0.60.730.770.440.00.740.550.97-0.46-0.760.920.830.920.960.620.70.830.96
0.280.410.190.220.480.040.110.39-0.020.45-0.21-0.5-0.010.040.320.150.110.360.280.450.340.950.430.150.32
1.00.90.190.990.69-0.850.99-0.780.870.720.570.20.870.680.94-0.61-0.920.910.960.920.960.460.590.970.93
0.990.930.220.990.71-0.810.97-0.760.830.740.590.160.830.660.97-0.57-0.90.910.950.940.970.480.620.940.96
0.710.760.480.690.71-0.320.65-0.460.381.00.41-0.350.380.290.79-0.46-0.620.880.770.740.730.580.970.560.82
-0.83-0.710.04-0.85-0.81-0.32-0.840.73-0.99-0.35-0.34-0.33-0.99-0.58-0.720.620.79-0.72-0.72-0.68-0.83-0.25-0.22-0.92-0.71
0.980.830.110.990.970.65-0.84-0.810.860.680.620.280.860.730.89-0.66-0.940.870.960.880.920.380.550.970.89
-0.73-0.60.39-0.78-0.76-0.460.73-0.81-0.75-0.5-0.68-0.44-0.75-0.57-0.680.690.92-0.68-0.72-0.57-0.680.13-0.4-0.75-0.69
0.860.73-0.020.870.830.38-0.990.86-0.750.410.370.321.00.610.74-0.69-0.820.760.750.710.840.280.290.940.74
0.740.770.450.720.741.0-0.350.68-0.50.410.48-0.280.410.310.81-0.5-0.660.890.80.760.750.560.960.590.84
0.540.44-0.210.570.590.41-0.340.62-0.680.370.480.580.360.330.58-0.56-0.740.450.550.460.44-0.020.410.480.58
0.160.0-0.50.20.16-0.35-0.330.28-0.440.32-0.280.580.320.390.04-0.34-0.36-0.090.090.00.04-0.31-0.380.290.01
0.860.74-0.010.870.830.38-0.990.86-0.751.00.410.360.320.620.74-0.69-0.820.760.750.710.840.280.290.940.74
0.680.550.040.680.660.29-0.580.73-0.570.610.310.330.390.620.52-0.56-0.650.530.630.670.560.270.250.760.51
0.940.970.320.940.970.79-0.720.89-0.680.740.810.580.040.740.52-0.51-0.840.930.90.940.970.540.730.851.0
-0.59-0.460.15-0.61-0.57-0.460.62-0.660.69-0.69-0.5-0.56-0.34-0.69-0.56-0.510.77-0.66-0.53-0.49-0.5-0.1-0.5-0.68-0.55
-0.89-0.760.11-0.92-0.9-0.620.79-0.940.92-0.82-0.66-0.74-0.36-0.82-0.65-0.840.77-0.82-0.86-0.79-0.83-0.18-0.56-0.89-0.85
0.920.920.360.910.910.88-0.720.87-0.680.760.890.45-0.090.760.530.93-0.66-0.820.890.890.940.570.820.860.95
0.970.830.280.960.950.77-0.720.96-0.720.750.80.550.090.750.630.9-0.53-0.860.890.90.920.510.650.90.9
0.940.920.450.920.940.74-0.680.88-0.570.710.760.460.00.710.670.94-0.49-0.790.890.90.930.670.670.870.93
0.970.960.340.960.970.73-0.830.92-0.680.840.750.440.040.840.560.97-0.5-0.830.940.920.930.580.630.920.96
0.540.620.950.460.480.58-0.250.380.130.280.56-0.02-0.310.280.270.54-0.1-0.180.570.510.670.580.50.440.54
0.610.70.430.590.620.97-0.220.55-0.40.290.960.41-0.380.290.250.73-0.5-0.560.820.650.670.630.50.460.77
0.970.830.150.970.940.56-0.920.97-0.750.940.590.480.290.940.760.85-0.68-0.890.860.90.870.920.440.460.85
0.940.960.320.930.960.82-0.710.89-0.690.740.840.580.010.740.511.0-0.55-0.850.950.90.930.960.540.770.85
Click cells to compare fundamentals

Jerash Holdings Account Relationship Matchups

Jerash Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets67.5M73.3M85.3M83.7M80.2M62.9M
Other Current Liab4.3M4.1M5.7M4.4M6.4M4.0M
Total Current Liabilities10.9M14.5M14.1M14.4M14.8M12.9M
Total Stockholder Equity54.4M56.4M69.3M68.2M64.4M48.6M
Net Tangible Assets54.4M56.4M68.8M67.7M77.9M46.0M
Property Plant And Equipment Net7.3M7.3M12.8M23.3M26.3M27.6M
Net Debt(25.3M)(19.2M)(23.6M)(17.0M)(11.4M)(12.0M)
Retained Earnings39.0M40.7M46.3M46.2M41.7M35.4M
Accounts Payable6.4M7.9M4.8M5.8M6.3M5.3M
Cash26.1M21.1M25.2M17.8M12.4M16.3M
Non Current Assets Total8.5M8.6M15.4M26.4M29.3M30.8M
Non Currrent Assets Other1.0M1.1M1.3M1.6M2.4M1.5M
Other Assets1.2M1.3M2.2M1.01.151.09
Cash And Short Term Investments26.1M21.1M25.7M17.8M12.4M16.3M
Net Receivables5.3M12.4M11.4M2.3M5.4M6.4M
Common Stock Shares Outstanding11.4M11.3M11.9M12.7M12.3M9.7M
Liabilities And Stockholders Equity67.5M73.3M85.3M83.7M80.2M62.9M
Non Current Liabilities Total1.9M2.0M1.9M1.0M1.0M984.0K
Capital Surpluse15.0M15.2M15.6M23.3M26.8M28.2M
Inventory22.6M25.0M28.3M32.7M27.2M24.9M
Other Current Assets2.8M5.4M4.5M4.5M5.8M3.4M
Other Stockholder Equity15.2M15.3M22.5M21.8M22.7M13.0M
Total Liab12.7M16.6M16.0M15.5M15.8M14.1M
Property Plant And Equipment Gross7.3M7.3M12.8M23.3M42.9M45.0M
Total Current Assets59.0M64.7M69.9M57.3M50.9M50.8M
Accumulated Other Comprehensive Income204.4K330.4K506.5K287.6K(78.5K)(74.6K)
Property Plant Equipment7.3M7.3M12.8M22.4M25.7M27.0M
Short Long Term Debt Total860.3K1.9M1.6M768.7K989.1K1.2M
Other Liab1.4M1.2M1.1M1.0M901.7K962.3K
Retained Earnings Total Equity34.8M39.0M40.7M46.2M53.1M42.2M
Net Invested Capital54.4M57.0M69.3M68.2M64.4M62.7M
Non Current Liabilities Other1.4M1.9M2.0M1.0M1.2M1.7M
Net Working Capital48.1M50.1M55.7M42.8M36.1M48.7M
Short Term Debt210.3K1.0M739.1K481.5K370.8K507.8K

Currently Active Assets on Macroaxis

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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.