JSW Other Current Assets vs Cash Analysis

JSWHL Stock   14,300  750.30  4.99%   
JSW Holdings financial indicator trend analysis is infinitely more than just investigating JSW Holdings Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JSW Holdings Limited is a good investment. Please check the relationship between JSW Holdings Other Current Assets and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JSW Holdings 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 bureau of economic analysis.

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JSW Holdings Limited Other Current Assets account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between JSW Holdings' Other Current Assets and Cash is 0.38. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of JSW Holdings Limited, assuming nothing else is changed. The correlation between historical values of JSW Holdings' Other Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of JSW Holdings Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., JSW Holdings' Other Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash

Cash refers to the most liquid asset of JSW Holdings Limited, which is listed under current asset account on JSW Holdings Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from JSW Holdings customers. The amounts must be unrestricted with restricted cash listed in a different JSW Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from JSW Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JSW Holdings 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 JSW Holdings 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 bureau of economic analysis.
As of the 27th of November 2024, Selling General Administrative is likely to grow to about 14.2 M, while Tax Provision is likely to drop about 332 M.
 2021 2022 2023 2024 (projected)
Income Before Tax1.8B4.0B1.6B826.0M
Total Operating Expenses53.1M59.0M103.5M108.7M

JSW Holdings fundamental ratios Correlations

-0.270.131.0-0.630.90.911.0-0.48-0.70.27-0.151.00.2-0.521.0-0.2-0.05-0.050.05-0.40.410.980.980.580.89
-0.270.69-0.270.4-0.35-0.27-0.27-0.040.29-0.14-0.46-0.270.240.22-0.270.170.290.290.240.10.13-0.13-0.11-0.36-0.32
0.130.690.13-0.010.180.210.13-0.17-0.32-0.38-0.40.190.41-0.330.190.160.150.150.390.30.240.250.230.26-0.18
1.0-0.270.13-0.630.90.911.0-0.48-0.70.28-0.150.990.19-0.520.99-0.2-0.04-0.040.04-0.40.410.980.980.570.89
-0.630.4-0.01-0.63-0.67-0.6-0.630.430.430.05-0.38-0.65-0.10.32-0.65-0.140.310.31-0.230.32-0.38-0.57-0.52-0.46-0.47
0.9-0.350.180.9-0.670.920.9-0.21-0.840.1-0.180.920.13-0.630.92-0.17-0.04-0.040.14-0.10.150.870.870.790.73
0.91-0.270.210.91-0.60.920.9-0.22-0.830.24-0.120.920.08-0.620.92-0.160.080.080.09-0.080.180.860.860.750.79
1.0-0.270.131.0-0.630.90.9-0.49-0.690.27-0.150.990.19-0.510.99-0.2-0.05-0.050.04-0.410.420.980.980.560.89
-0.48-0.04-0.17-0.480.43-0.21-0.22-0.49-0.13-0.130.06-0.46-0.36-0.09-0.460.10.270.27-0.090.45-0.7-0.56-0.520.24-0.39
-0.70.29-0.32-0.70.43-0.84-0.83-0.69-0.130.00.11-0.74-0.060.89-0.740.11-0.07-0.07-0.14-0.07-0.01-0.64-0.64-0.9-0.5
0.27-0.14-0.380.280.050.10.240.27-0.130.0-0.220.190.11-0.010.19-0.330.380.38-0.51-0.240.210.230.3-0.230.61
-0.15-0.46-0.4-0.15-0.38-0.18-0.12-0.150.060.11-0.22-0.15-0.330.07-0.150.62-0.41-0.41-0.02-0.180.0-0.27-0.320.09-0.13
1.0-0.270.190.99-0.650.920.920.99-0.46-0.740.19-0.150.24-0.551.0-0.19-0.07-0.070.11-0.360.410.980.970.630.84
0.20.240.410.19-0.10.130.080.19-0.36-0.060.11-0.330.240.050.24-0.24-0.09-0.090.22-0.230.660.290.250.04-0.01
-0.520.22-0.33-0.520.32-0.63-0.62-0.51-0.090.89-0.010.07-0.550.05-0.550.08-0.05-0.05-0.1-0.05-0.03-0.48-0.48-0.66-0.38
1.0-0.270.190.99-0.650.920.920.99-0.46-0.740.19-0.151.00.24-0.55-0.19-0.07-0.070.11-0.360.410.980.970.630.84
-0.20.170.16-0.2-0.14-0.17-0.16-0.20.10.11-0.330.62-0.19-0.240.08-0.19-0.28-0.280.10.07-0.1-0.21-0.230.1-0.25
-0.050.290.15-0.040.31-0.040.08-0.050.27-0.070.38-0.41-0.07-0.09-0.05-0.07-0.281.0-0.480.33-0.09-0.050.01-0.10.12
-0.050.290.15-0.040.31-0.040.08-0.050.27-0.070.38-0.41-0.07-0.09-0.05-0.07-0.281.0-0.480.33-0.09-0.050.01-0.10.12
0.050.240.390.04-0.230.140.090.04-0.09-0.14-0.51-0.020.110.22-0.10.110.1-0.48-0.48-0.040.090.10.050.23-0.23
-0.40.10.3-0.40.32-0.1-0.08-0.410.45-0.07-0.24-0.18-0.36-0.23-0.05-0.360.070.330.33-0.04-0.66-0.39-0.370.17-0.47
0.410.130.240.41-0.380.150.180.42-0.7-0.010.210.00.410.66-0.030.41-0.1-0.09-0.090.09-0.660.470.41-0.090.31
0.98-0.130.250.98-0.570.870.860.98-0.56-0.640.23-0.270.980.29-0.480.98-0.21-0.05-0.050.1-0.390.470.990.510.84
0.98-0.110.230.98-0.520.870.860.98-0.52-0.640.3-0.320.970.25-0.480.97-0.230.010.010.05-0.370.410.990.490.87
0.58-0.360.260.57-0.460.790.750.560.24-0.9-0.230.090.630.04-0.660.630.1-0.1-0.10.230.17-0.090.510.490.32
0.89-0.32-0.180.89-0.470.730.790.89-0.39-0.50.61-0.130.84-0.01-0.380.84-0.250.120.12-0.23-0.470.310.840.870.32
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JSW Holdings Account Relationship Matchups

JSW Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets77.1B140.5B227.6B220.4B292.5B307.1B
Other Current Liab7.4M8.7M10.4M7.0M5.1M4.9M
Total Current Liabilities1.8M900K12.0M9.1M8.7M15.0M
Total Stockholder Equity71.1B126.0B199.5B194.1B254.3B267.1B
Property Plant And Equipment Net809K556K584K74K27K0.0
Retained Earnings5.3B6.0B7.6B10.9B18.0B18.9B
Accounts Payable1.8M900K1.6M2.1M3.5M3.7M
Non Current Assets Total76.9B140.3B225.0B220.2B281.9B296.0B
Non Currrent Assets Other4.1B4.9B(221.2B)(211.0B)200K210K
Common Stock Shares Outstanding11.1M11.1M11.1M11.1M10.0M8.9M
Liabilities And Stockholders Equity77.1B140.5B227.6B220.4B292.5B307.1B
Other Current Assets4.3B1.6B2.6B1.1B1.3B1.4B
Other Stockholder Equity(5.3B)(6.0B)(7.6B)(10.9B)(12.5B)(11.8B)
Total Liab6.0B14.4B28.0B26.3B38.2B40.1B
Total Current Assets193.4M135.9M2.6B180.1M1.3B670.3M
Accumulated Other Comprehensive Income65.7B119.9B191.9B183.1B236.2B248.0B
Non Current Liabilities Total6.0B14.4B28.0B26.3B38.2B40.1B
Net Debt(34.4M)(11.0M)23.3M15.4M(40.8M)(38.8M)
Cash59.4M11.0M3.2M11.4M40.8M38.5M
Cash And Short Term Investments59.4M11.0M3.2M11.4M40.8M38.5M
Net Receivables11.2M26.1M32.7M23.8M186.7M196.0M
Other Liab6.0B14.4B28.0B26.3B30.2B31.7B
Net Tangible Assets82.9B71.1B126.0B199.5B229.5B240.9B
Property Plant Equipment556K584K74K27K24.3K23.1K
Short Long Term Debt Total15.0M25.0M26.5M26.8M39.1M37.1M
Net Invested Capital71.1B126.0B199.5B194.1B254.3B147.3B
Net Working Capital191.4M134.8M6.4B170.9M10.6B11.1B

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Other Information on Investing in JSW Stock

Balance Sheet is a snapshot of the financial position of JSW Holdings Limited at a specified time, usually calculated after every quarter, six months, or one year. JSW Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JSW Holdings 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 JSW currently owns. An asset can also be divided into two categories, current and non-current.