Jiuzi Common Stock Shares Outstanding vs Other Current Liab Analysis

JZXN Stock  USD 1.27  0.06  4.51%   
Jiuzi Holdings financial indicator trend analysis is infinitely more than just investigating Jiuzi Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiuzi Holdings is a good investment. Please check the relationship between Jiuzi Holdings Common Stock Shares Outstanding and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jiuzi 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 interest.
To learn how to invest in Jiuzi Stock, please use our How to Invest in Jiuzi Holdings guide.

Common Stock Shares Outstanding vs Other Current Liab

Common Stock Shares Outstanding vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiuzi Holdings Common Stock Shares Outstanding account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jiuzi Holdings' Common Stock Shares Outstanding and Other Current Liab is -0.25. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Jiuzi Holdings, assuming nothing else is changed. The correlation between historical values of Jiuzi Holdings' Common Stock Shares Outstanding and Other Current 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 Common Stock Shares Outstanding of Jiuzi Holdings are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Common Stock Shares Outstanding i.e., Jiuzi Holdings' Common Stock Shares Outstanding and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Liab

Most indicators from Jiuzi Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiuzi 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 Jiuzi 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 interest.
To learn how to invest in Jiuzi Stock, please use our How to Invest in Jiuzi Holdings guide.As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 1.02, while Tax Provision is likely to drop about 56.6 K.
 2021 2023 2024 (projected)
Depreciation And Amortization4.8M5.5M5.8M
Interest Income6.0K4.7K7.9K

Jiuzi Holdings fundamental ratios Correlations

-0.12-0.140.960.970.8-0.69-0.65-0.080.410.980.6-0.450.620.970.65-0.240.250.96-0.10.68-0.020.970.710.980.38
-0.12-0.560.030.01-0.16-0.18-0.160.23-0.290.01-0.44-0.3-0.44-0.05-0.130.07-0.25-0.20.98-0.18-0.550.02-0.18-0.040.09
-0.14-0.56-0.4-0.350.310.430.53-0.6-0.57-0.2-0.240.35-0.4-0.05-0.15-0.130.27-0.01-0.590.320.99-0.330.38-0.05-0.1
0.960.03-0.40.990.66-0.77-0.730.070.540.960.62-0.520.690.910.63-0.190.180.90.050.55-0.280.990.570.920.36
0.970.01-0.350.990.71-0.8-0.67-0.030.510.950.57-0.570.670.940.56-0.250.280.930.040.62-0.230.980.630.940.27
0.8-0.160.310.660.71-0.65-0.14-0.55-0.010.740.2-0.570.170.870.34-0.310.490.89-0.10.910.440.720.990.870.2
-0.69-0.180.43-0.77-0.8-0.650.240.23-0.46-0.63-0.250.94-0.46-0.69-0.180.34-0.44-0.76-0.31-0.650.31-0.78-0.63-0.69-0.06
-0.65-0.160.53-0.73-0.67-0.140.24-0.63-0.54-0.73-0.71-0.05-0.57-0.56-0.76-0.30.4-0.46-0.070.090.48-0.68-0.01-0.56-0.46
-0.080.23-0.60.07-0.03-0.550.23-0.630.510.010.530.380.31-0.240.550.62-0.87-0.310.15-0.78-0.640.03-0.65-0.220.5
0.41-0.29-0.570.540.51-0.01-0.46-0.540.510.350.83-0.230.890.250.520.2-0.180.35-0.23-0.12-0.540.51-0.080.240.23
0.980.01-0.20.960.950.74-0.63-0.730.010.350.58-0.390.560.950.68-0.160.140.910.00.6-0.080.970.640.970.43
0.6-0.44-0.240.620.570.2-0.25-0.710.530.830.580.050.840.430.860.31-0.350.48-0.44-0.04-0.20.620.10.440.58
-0.45-0.30.35-0.52-0.57-0.570.94-0.050.38-0.23-0.390.05-0.17-0.490.070.36-0.49-0.57-0.45-0.620.24-0.55-0.59-0.490.07
0.62-0.44-0.40.690.670.17-0.46-0.570.310.890.560.84-0.170.450.52-0.140.070.55-0.410.14-0.360.660.090.460.22
0.97-0.05-0.050.910.940.87-0.69-0.56-0.240.250.950.43-0.490.450.51-0.250.370.97-0.040.770.080.920.81.00.22
0.65-0.13-0.150.630.560.34-0.18-0.760.550.520.680.860.070.520.510.43-0.540.47-0.180.0-0.090.650.220.540.84
-0.240.07-0.13-0.19-0.25-0.310.34-0.30.620.2-0.160.310.36-0.14-0.250.43-0.8-0.310.02-0.63-0.16-0.2-0.33-0.270.34
0.25-0.250.270.180.280.49-0.440.4-0.87-0.180.14-0.35-0.490.070.37-0.54-0.80.46-0.160.790.320.180.570.35-0.64
0.96-0.2-0.010.90.930.89-0.76-0.46-0.310.350.910.48-0.570.550.970.47-0.310.46-0.150.820.120.910.840.970.18
-0.10.98-0.590.050.04-0.1-0.31-0.070.15-0.230.0-0.44-0.45-0.41-0.04-0.180.02-0.16-0.15-0.1-0.570.04-0.11-0.030.04
0.68-0.180.320.550.620.91-0.650.09-0.78-0.120.6-0.04-0.620.140.770.0-0.630.790.82-0.10.440.590.930.77-0.1
-0.02-0.550.99-0.28-0.230.440.310.48-0.64-0.54-0.08-0.20.24-0.360.08-0.09-0.160.320.12-0.570.44-0.210.50.08-0.06
0.970.02-0.330.990.980.72-0.78-0.680.030.510.970.62-0.550.660.920.65-0.20.180.910.040.59-0.210.630.930.43
0.71-0.180.380.570.630.99-0.63-0.01-0.65-0.080.640.1-0.590.090.80.22-0.330.570.84-0.110.930.50.630.80.09
0.98-0.04-0.050.920.940.87-0.69-0.56-0.220.240.970.44-0.490.461.00.54-0.270.350.97-0.030.770.080.930.80.28
0.380.09-0.10.360.270.2-0.06-0.460.50.230.430.580.070.220.220.840.34-0.640.180.04-0.1-0.060.430.090.28
Click cells to compare fundamentals

Jiuzi Holdings Account Relationship Matchups

Jiuzi Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.9M28.2M15.3M11.4M13.1M14.9M
Other Current Liab1.5M(21.1K)535.3K288.2K259.4K430.8K
Total Current Liabilities3.7M4.0M8.3M6.7M7.7M5.8M
Total Stockholder Equity7.8M22.1M5.9M4.2M4.9M8.3M
Net Tangible Assets4.2M7.8M22.0M5.9M6.8M9.0M
Property Plant And Equipment Net101.9K1.2M1.4M879.7K1.0M687.9K
Current Deferred Revenue905.6K731.4K279.7K2.2M2.0M1.6M
Net Debt(442.2K)(764.5K)(6.7M)1.2M1.1M1.2M
Retained Earnings6.8M7.5M(9.3M)(18.7M)(16.8M)(16.0M)
Accounts Payable103.3K60.1K7.0K7.3K6.6K6.2K
Cash764.5K7.4M2.4M1.2M1.3M2.3M
Non Current Assets Total5.4M5.9M3.1M918.3K1.1M1.0M
Non Currrent Assets Other2.3K558.7K66.8K26.7K24.1K22.8K
Other Assets911.0K5.3M4.7M1.7M2.0M3.2M
Cash And Short Term Investments442.2K764.5K8.6M3.2M3.7M2.9M
Net Receivables4.7M10.6M7.1M167.4K192.5K182.9K
Common Stock Shares Outstanding1.6M1.2M1.2M4.1M4.7M4.9M
Liabilities And Stockholders Equity7.1M11.9M28.2M15.3M17.6M15.4M
Non Current Liabilities Total834.7K537.4K674.1K362.2K416.6K609.7K
Inventory723.6K1.9M1.0M955.5K1.1M921.8K
Other Current Assets4.2M280.8K1.2M935.6K842.0K1.2M
Other Stockholder Equity(126.5K)308.9K13.2M15.4M17.8M18.6M
Total Liab3.7M4.6M9.0M7.1M8.2M6.1M
Net Invested Capital7.8M22.1M8.8M4.2M4.9M8.8M
Property Plant And Equipment Gross101.9K1.2M1.7M1.2M1.4M799.5K
Total Current Assets6.5M22.2M12.2M10.5M12.0M11.5M
Accumulated Other Comprehensive Income219.7K630.2K1.4M(182.9K)(210.3K)(199.8K)
Net Working Capital2.8M18.2M3.9M3.7M4.3M5.8M
Property Plant Equipment90.1K101.9K1.2M1.4M1.6M1.7M
Intangible Assets16.4K18.1K12.4K11.8K10.6K11.9K

Pair Trading with Jiuzi Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jiuzi Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jiuzi Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Jiuzi Stock

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The ability to find closely correlated positions to Jiuzi Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jiuzi Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jiuzi Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jiuzi Holdings to buy it.
The correlation of Jiuzi Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jiuzi Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jiuzi Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Jiuzi Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Jiuzi Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jiuzi 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 Jiuzi Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jiuzi Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jiuzi 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 interest.
To learn how to invest in Jiuzi Stock, please use our How to Invest in Jiuzi Holdings guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Automotive Retail 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 Jiuzi Holdings. If investors know Jiuzi 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 Jiuzi 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
0.872
Earnings Share
10.09
Revenue Per Share
1.396
Quarterly Revenue Growth
2.71
Return On Assets
(0.36)
The market value of Jiuzi Holdings is measured differently than its book value, which is the value of Jiuzi that is recorded on the company's balance sheet. Investors also form their own opinion of Jiuzi Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jiuzi 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 Jiuzi Holdings' market value can be influenced by many factors that don't directly affect Jiuzi 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 Jiuzi Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jiuzi Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jiuzi 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.