J Long Group Limited Stock Current Ratio

JL Stock   3.03  0.15  5.21%   
J Long Group Limited fundamentals help investors to digest information that contributes to J Long's financial success or failures. It also enables traders to predict the movement of J Long Stock. The fundamental analysis module provides a way to measure J Long's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to J Long stock.
Last ReportedProjected for Next Year
Current Ratio 2.67  1.66 
The value of Current Ratio is estimated to slide to 1.66.
  
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J Long Group Limited Company Current Ratio Analysis

J Long's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current J Long Current Ratio

    
  1.66  
Most of J Long's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, J Long Group Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

J Long Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for J Long is extremely important. It helps to project a fair market value of J Long Stock properly, considering its historical fundamentals such as Current Ratio. Since J Long's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of J Long's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of J Long's interrelated accounts and indicators.
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Click cells to compare fundamentals

J Long Current Ratio Historical Pattern

Today, most investors in J Long Stock are looking for potential investment opportunities by analyzing not only static indicators but also various J Long's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of J Long current ratio as a starting point in their analysis.
   J Long Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

J Long Price To Sales Ratio

Price To Sales Ratio

9.73

At this time, J Long's Price To Sales Ratio is quite stable compared to the past year.

J Long Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses J Long's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of J Long could also be used in its relative valuation, which is a method of valuing J Long by comparing valuation metrics of similar companies.
J Long is currently under evaluation in current ratio category among its peers.

J Long Fundamentals

About J Long Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze J Long Group Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of J Long using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of J Long Group Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Check out J Long Piotroski F Score and J Long Altman Z Score analysis.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Distributors 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 J Long. If investors know J Long 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 J Long 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
(0.58)
Earnings Share
0.3
Revenue Per Share
0.938
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0127
The market value of J Long Group is measured differently than its book value, which is the value of J Long that is recorded on the company's balance sheet. Investors also form their own opinion of J Long's value that differs from its market value or its book value, called intrinsic value, which is J Long'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 J Long's market value can be influenced by many factors that don't directly affect J Long'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 J Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if J Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J Long'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.