000821 Stock | | | 13.04 0.02 0.15% |
JS Corrugating financial indicator trend analysis is infinitely more than just investigating JS Corrugating Machinery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JS Corrugating Machinery is a good investment. Please check the relationship between JS Corrugating Research Development and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in JS Corrugating Machinery. 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.
Research Development vs Operating Income
Research Development vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JS Corrugating Machinery Research Development account and
Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JS Corrugating's Research Development and Operating Income is 0.94. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income in the same time period over historical financial statements of JS Corrugating Machinery, assuming nothing else is changed. The correlation between historical values of JS Corrugating's Research Development and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of JS Corrugating Machinery are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research Development i.e., JS Corrugating's Research Development and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Research Development
Operating Income
Operating Income is the amount of profit realized from JS Corrugating Machinery operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of JS Corrugating Machinery is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from JS Corrugating's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JS Corrugating Machinery 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 JS Corrugating Machinery. 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.
As of December 28, 2024,
Selling General Administrative is expected to decline to about 125.9
M. In addition to that,
Tax Provision is expected to decline to about 25.3
M | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 271.5M | 401.2M | 538.1M | 565.0M | Total Revenue | 4.1B | 4.9B | 7.2B | 7.6B |
JS Corrugating fundamental ratios Correlations
Click cells to compare fundamentals
JS Corrugating Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JS Corrugating fundamental ratios Accounts
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Other Information on Investing in 000821 Stock
Balance Sheet is a snapshot of the
financial position of JS Corrugating Machinery at a specified time, usually calculated after every quarter, six months, or one year. JS Corrugating Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JS Corrugating 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 000821 currently owns. An asset can also be divided into two categories, current and non-current.