JIN Total Stockholder Equity vs Short Term Investments Analysis

ZJYL Stock   1.06  0.01  0.93%   
JIN MEDICAL financial indicator trend analysis is infinitely more than just investigating JIN MEDICAL INTERNATIONAL recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JIN MEDICAL INTERNATIONAL is a good investment. Please check the relationship between JIN MEDICAL Total Stockholder Equity and its Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in JIN MEDICAL INTERNATIONAL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Total Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JIN MEDICAL INTERNATIONAL Total Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JIN MEDICAL's Total Stockholder Equity and Short Term Investments is 0.9. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of JIN MEDICAL INTERNATIONAL, assuming nothing else is changed. The correlation between historical values of JIN MEDICAL's Total Stockholder Equity and Short Term Investments 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 Stockholder Equity of JIN MEDICAL INTERNATIONAL are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., JIN MEDICAL's Total Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Term Investments

Short Term Investments is an item under the current assets section of JIN MEDICAL balance sheet. It contains any investments JIN MEDICAL INTERNATIONAL undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that JIN MEDICAL INTERNATIONAL can easily liquidate in the marketplace.
Most indicators from JIN MEDICAL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JIN MEDICAL INTERNATIONAL 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in JIN MEDICAL INTERNATIONAL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, JIN MEDICAL's Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 9.7 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.07.
 2023 2024 (projected)
Interest Expense8.5K8.1K
Depreciation And Amortization198.9K254.1K

JIN MEDICAL fundamental ratios Correlations

0.78-0.86-0.360.980.84-0.86-0.44-0.540.89-0.870.93-0.890.040.80.91-0.360.50.92-0.660.630.84-0.361.00.78-0.84
0.78-0.89-0.740.880.98-0.89-0.1-0.90.93-0.690.94-0.860.580.910.76-0.640.350.7-0.240.860.46-0.740.81.0-0.66
-0.86-0.890.69-0.93-0.950.970.370.84-0.990.77-0.950.95-0.48-0.98-0.870.73-0.5-0.840.29-0.91-0.590.69-0.87-0.890.8
-0.36-0.740.69-0.52-0.760.760.130.91-0.690.52-0.630.72-0.72-0.72-0.590.780.0-0.5-0.01-0.79-0.241.0-0.38-0.740.61
0.980.88-0.93-0.520.93-0.93-0.41-0.70.96-0.880.99-0.950.210.890.92-0.510.520.9-0.560.740.77-0.520.980.88-0.84
0.840.98-0.95-0.760.93-0.95-0.25-0.90.98-0.770.97-0.930.540.960.83-0.660.360.78-0.30.890.55-0.760.850.98-0.76
-0.86-0.890.970.76-0.93-0.950.450.84-0.980.88-0.960.99-0.4-0.94-0.930.72-0.43-0.890.43-0.85-0.690.76-0.87-0.890.9
-0.44-0.10.370.13-0.41-0.250.450.01-0.350.68-0.370.480.37-0.32-0.440.07-0.23-0.470.57-0.06-0.550.13-0.44-0.10.63
-0.54-0.90.840.91-0.7-0.90.840.01-0.840.55-0.80.8-0.78-0.86-0.670.87-0.3-0.59-0.01-0.91-0.280.91-0.56-0.90.58
0.890.93-0.99-0.690.960.98-0.98-0.35-0.84-0.810.98-0.960.450.980.89-0.670.450.85-0.360.890.63-0.690.90.93-0.82
-0.87-0.690.770.52-0.88-0.770.880.680.55-0.81-0.870.910.05-0.7-0.90.44-0.45-0.90.78-0.5-0.880.52-0.87-0.690.94
0.930.94-0.95-0.630.990.97-0.96-0.37-0.80.98-0.87-0.960.340.930.9-0.610.510.87-0.480.80.7-0.630.940.94-0.83
-0.89-0.860.950.72-0.95-0.930.990.480.8-0.960.91-0.96-0.31-0.91-0.960.67-0.44-0.930.52-0.8-0.760.72-0.9-0.860.93
0.040.58-0.48-0.720.210.54-0.40.37-0.780.450.050.34-0.310.590.13-0.67-0.030.030.620.77-0.34-0.720.060.58-0.03
0.80.91-0.98-0.720.890.96-0.94-0.32-0.860.98-0.70.93-0.910.590.79-0.710.40.74-0.160.950.47-0.720.810.91-0.73
0.910.76-0.87-0.590.920.83-0.93-0.44-0.670.89-0.90.9-0.960.130.79-0.570.430.99-0.650.70.89-0.590.910.76-0.96
-0.36-0.640.730.78-0.51-0.660.720.070.87-0.670.44-0.610.67-0.67-0.71-0.57-0.54-0.5-0.1-0.78-0.220.78-0.38-0.640.48
0.50.35-0.50.00.520.36-0.43-0.23-0.30.45-0.450.51-0.44-0.030.40.43-0.540.44-0.290.270.410.00.510.35-0.28
0.920.7-0.84-0.50.90.78-0.89-0.47-0.590.85-0.90.87-0.930.030.740.99-0.50.44-0.710.640.93-0.50.910.7-0.95
-0.66-0.240.29-0.01-0.56-0.30.430.57-0.01-0.360.78-0.480.520.62-0.16-0.65-0.1-0.29-0.710.06-0.91-0.01-0.65-0.240.7
0.630.86-0.91-0.790.740.89-0.85-0.06-0.910.89-0.50.8-0.80.770.950.7-0.780.270.640.060.3-0.790.650.86-0.6
0.840.46-0.59-0.240.770.55-0.69-0.55-0.280.63-0.880.7-0.76-0.340.470.89-0.220.410.93-0.910.3-0.240.830.46-0.89
-0.36-0.740.691.0-0.52-0.760.760.130.91-0.690.52-0.630.72-0.72-0.72-0.590.780.0-0.5-0.01-0.79-0.24-0.38-0.740.61
1.00.8-0.87-0.380.980.85-0.87-0.44-0.560.9-0.870.94-0.90.060.810.91-0.380.510.91-0.650.650.83-0.380.8-0.84
0.781.0-0.89-0.740.880.98-0.89-0.1-0.90.93-0.690.94-0.860.580.910.76-0.640.350.7-0.240.860.46-0.740.8-0.66
-0.84-0.660.80.61-0.84-0.760.90.630.58-0.820.94-0.830.93-0.03-0.73-0.960.48-0.28-0.950.7-0.6-0.890.61-0.84-0.66
Click cells to compare fundamentals

JIN MEDICAL Account Relationship Matchups

JIN MEDICAL fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.8M21.9M20.9M32.9M37.8M27.5M
Other Current Liab754.8K725.1K511.8K319.6K287.7K530.0K
Total Current Liabilities10.0M7.9M5.7M8.9M8.0M6.8M
Total Stockholder Equity10.8M14.0M15.2M24.0M27.6M18.1M
Property Plant And Equipment Net2.3M2.1M1.6M1.5M1.3M1.5M
Current Deferred Revenue975.7K1.7M830.3K829.2K746.3K854.1K
Net Debt983.7K(3.7M)(4.8M)(2.8M)(2.5M)(2.7M)
Retained Earnings9.6M11.9M14.4M16.9M19.5M14.2M
Accounts Payable5.4M5.4M4.1M3.4M3.1M3.5M
Cash1.7M3.7M4.8M6.9M8.0M4.8M
Non Current Assets Total2.7M2.5M2.0M1.8M1.6M1.8M
Non Currrent Assets Other366.4K857.3K864.6K152.5K175.3K166.6K
Cash And Short Term Investments2.8M5.7M7.1M16.7M19.2M20.2M
Net Receivables7.9M6.0M4.3M4.2M8.5M5.3M
Short Term Investments1.2M2.1M2.3M9.8M11.2M11.8M
Liabilities And Stockholders Equity20.8M21.9M20.9M32.9M37.8M25.7M
Inventory7.0M6.9M6.7M5.1M4.5M4.9M
Other Current Assets758.9K969.6K1.0M863.7K993.3K866.7K
Total Liab10.0M7.9M5.7M8.9M8.0M6.8M
Total Current Assets18.2M19.4M18.9M31.1M35.8M25.0M
Accumulated Other Comprehensive Income1.1M2.1M740.3K606.5K545.9K885.5K
Intangible Assets180.9K185.1K163.2K154.4K138.9K135.4K

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When determining whether JIN MEDICAL INTERNATIONAL is a strong investment it is important to analyze JIN MEDICAL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JIN MEDICAL's future performance. For an informed investment choice regarding JIN Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in JIN MEDICAL INTERNATIONAL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Health Care Equipment & Supplies 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 JIN MEDICAL. If investors know JIN 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 JIN MEDICAL 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
(0.12)
Earnings Share
0.02
Revenue Per Share
0.129
Quarterly Revenue Growth
0.03
Return On Assets
0.0403
The market value of JIN MEDICAL INTERNATIONAL is measured differently than its book value, which is the value of JIN that is recorded on the company's balance sheet. Investors also form their own opinion of JIN MEDICAL's value that differs from its market value or its book value, called intrinsic value, which is JIN MEDICAL's 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 JIN MEDICAL's market value can be influenced by many factors that don't directly affect JIN MEDICAL's 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 JIN MEDICAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if JIN MEDICAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JIN MEDICAL's 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.