Jilin Cash vs Non Current Assets Total Analysis

000420 Stock   3.70  0.03  0.80%   
Jilin Chemical financial indicator trend analysis is infinitely more than just investigating Jilin Chemical Fibre recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jilin Chemical Fibre is a good investment. Please check the relationship between Jilin Chemical Cash and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jilin Chemical Fibre. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash vs Non Current Assets Total

Cash vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jilin Chemical Fibre Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jilin Chemical's Cash and Non Current Assets Total is 0.6. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Jilin Chemical Fibre, assuming nothing else is changed. The correlation between historical values of Jilin Chemical's Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Jilin Chemical Fibre are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Jilin Chemical's Cash and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of Jilin Chemical Fibre, which is listed under current asset account on Jilin Chemical Fibre balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jilin Chemical customers. The amounts must be unrestricted with restricted cash listed in a different Jilin Chemical 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Jilin Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jilin Chemical Fibre 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Jilin Chemical Fibre. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 94 M, whereas Tax Provision is projected to grow to (19.2 M).
 2021 2022 2023 2024 (projected)
Operating Income143.9M143.1M323.1M339.2M
Total Revenue3.6B3.7B3.7B2.1B

Jilin Chemical fundamental ratios Correlations

-0.330.80.930.03-0.150.940.640.20.660.860.480.72-0.260.960.850.910.990.880.780.930.930.910.97-0.930.87
-0.33-0.17-0.440.57-0.35-0.26-0.260.09-0.17-0.360.31-0.170.22-0.22-0.24-0.36-0.31-0.35-0.29-0.38-0.47-0.37-0.390.32-0.41
0.8-0.170.640.28-0.230.90.770.280.360.520.450.88-0.010.850.720.690.820.760.480.860.810.890.85-0.870.51
0.93-0.440.64-0.27-0.010.780.550.240.490.850.340.52-0.150.790.870.960.90.930.730.910.920.880.9-0.850.81
0.030.570.28-0.27-0.540.240.20.180.3-0.190.520.32-0.050.26-0.17-0.210.04-0.16-0.04-0.09-0.13-0.08-0.020.02-0.04
-0.15-0.35-0.23-0.01-0.54-0.25-0.25-0.43-0.16-0.09-0.86-0.18-0.15-0.24-0.04-0.11-0.09-0.05-0.19-0.02-0.08-0.02-0.060.0-0.1
0.94-0.260.90.780.24-0.250.690.210.610.720.50.81-0.170.970.760.780.930.780.720.880.860.860.92-0.90.74
0.64-0.260.770.550.2-0.250.690.550.280.360.440.580.160.640.510.630.610.710.270.710.780.730.6-0.630.38
0.20.090.280.240.18-0.430.210.55-0.01-0.090.460.110.320.150.320.40.170.42-0.050.270.290.290.11-0.08-0.02
0.66-0.170.360.490.3-0.160.610.28-0.010.730.350.38-0.70.720.330.390.630.320.740.40.480.370.6-0.460.87
0.86-0.360.520.85-0.19-0.090.720.36-0.090.730.350.43-0.450.790.670.740.820.660.890.710.780.680.86-0.750.95
0.480.310.450.340.52-0.860.50.440.460.350.350.380.070.540.420.450.450.390.320.370.380.350.36-0.350.37
0.72-0.170.880.520.32-0.180.810.580.110.380.430.38-0.160.80.580.60.770.670.470.770.710.780.74-0.810.48
-0.260.22-0.01-0.15-0.05-0.15-0.170.160.32-0.7-0.450.07-0.16-0.33-0.03-0.03-0.280.03-0.49-0.06-0.16-0.04-0.260.19-0.58
0.96-0.220.850.790.26-0.240.970.640.150.720.790.540.8-0.330.770.780.960.770.750.870.860.840.92-0.910.83
0.85-0.240.720.87-0.17-0.040.760.510.320.330.670.420.58-0.030.770.910.880.880.510.910.820.890.84-0.880.61
0.91-0.360.690.96-0.21-0.110.780.630.40.390.740.450.6-0.030.780.910.90.980.630.940.930.910.85-0.860.7
0.99-0.310.820.90.04-0.090.930.610.170.630.820.450.77-0.280.960.880.90.880.740.950.920.920.96-0.960.83
0.88-0.350.760.93-0.16-0.050.780.710.420.320.660.390.670.030.770.880.980.880.540.960.940.950.85-0.870.63
0.78-0.290.480.73-0.04-0.190.720.27-0.050.740.890.320.47-0.490.750.510.630.740.540.580.670.570.77-0.630.88
0.93-0.380.860.91-0.09-0.020.880.710.270.40.710.370.77-0.060.870.910.940.950.960.580.960.990.93-0.960.68
0.93-0.470.810.92-0.13-0.080.860.780.290.480.780.380.71-0.160.860.820.930.920.940.670.960.950.92-0.920.76
0.91-0.370.890.88-0.08-0.020.860.730.290.370.680.350.78-0.040.840.890.910.920.950.570.990.950.93-0.940.65
0.97-0.390.850.9-0.02-0.060.920.60.110.60.860.360.74-0.260.920.840.850.960.850.770.930.920.93-0.940.84
-0.930.32-0.87-0.850.020.0-0.9-0.63-0.08-0.46-0.75-0.35-0.810.19-0.91-0.88-0.86-0.96-0.87-0.63-0.96-0.92-0.94-0.94-0.71
0.87-0.410.510.81-0.04-0.10.740.38-0.020.870.950.370.48-0.580.830.610.70.830.630.880.680.760.650.84-0.71
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Jilin Chemical Account Relationship Matchups

Jilin Chemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B8.7B8.8B10.5B10.7B11.2B
Other Current Liab105.2M139.7M171.4M120.4M288.7M240.5M
Total Current Liabilities4.7B5.0B5.2B5.1B4.8B2.5B
Total Stockholder Equity3.0B3.1B3.0B4.3B4.4B4.6B
Other Liab33.0M32.5M30.5M29.5M33.9M26.8M
Retained Earnings(350.1M)(583.4M)(661.8M)(666.3M)(634.1M)(602.4M)
Accounts Payable1.9B1.9B2.3B2.5B2.0B2.1B
Cash961.7M885.6M741.0M894.6M677.2M442.3M
Other Assets180.3M208.9M204.2M196.9M226.5M122.5M
Long Term Debt738.8M482.5M501.5M774.6M1.2B1.3B
Net Receivables494.4M436.6M509.7M746.7M825.7M867.0M
Inventory534.3M730.9M794.8M455.9M675.2M440.5M
Other Current Assets175.8M158.7M187.9M203.8M19.4M18.5M
Total Liab5.5B5.6B5.8B6.2B6.3B6.6B
Intangible Assets244.5M232.9M221.3M212.9M243.2M255.4M
Property Plant Equipment4.6B5.5B5.5B5.6B6.5B6.8B
Net Tangible Assets2.7B2.8B2.9B2.7B3.2B2.7B
Deferred Long Term Liab698.9K603.2K431.0K3.9M4.5M4.7M
Short Long Term Debt2.1B2.2B2.0B2.0B2.1B1.8B
Total Current Assets2.2B2.4B2.2B2.4B2.4B2.1B
Non Current Assets Total6.3B6.3B6.5B8.1B8.3B6.7B
Non Currrent Assets Other146.7M91.1M121.7M139.3M123.8M141.8M
Non Current Liabilities Total771.3M594.4M614.6M1.1B1.5B1.6B
Net Debt1.6B1.8B1.7B1.9B2.7B1.9B
Net Invested Capital5.6B5.8B5.4B7.1B7.7B6.4B
Net Working Capital(2.5B)(2.6B)(3.0B)(2.7B)(2.4B)(2.5B)

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Other Information on Investing in Jilin Stock

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