Jacquet Cash And Short Term Investments vs Cash Analysis

0IN3 Stock   15.76  0.20  1.29%   
Jacquet Metal financial indicator trend analysis is infinitely more than just investigating Jacquet Metal Service recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jacquet Metal Service is a good investment. Please check the relationship between Jacquet Metal Cash And Short Term Investments and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jacquet Metal Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jacquet Metal Service Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jacquet Metal's Cash And Short Term Investments and Cash is -0.36. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Jacquet Metal Service, assuming nothing else is changed. The correlation between historical values of Jacquet Metal's Cash And Short Term Investments and Cash 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 And Short Term Investments of Jacquet Metal Service are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Jacquet Metal's Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Jacquet Metal Service balance sheet. This account contains Jacquet Metal investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Jacquet Metal Service fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Cash

Cash refers to the most liquid asset of Jacquet Metal Service, which is listed under current asset account on Jacquet Metal Service balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jacquet Metal customers. The amounts must be unrestricted with restricted cash listed in a different Jacquet Metal 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.
Most indicators from Jacquet Metal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jacquet Metal Service 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 Jacquet Metal Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 3.1 M in 2024. Selling General Administrative is likely to drop to about 136.1 M in 2024
 2019 2020 2023 2024 (projected)
Interest Income8.8M10.8M12.4M9.0M
Tax Provision13.2M3.7M3.3M3.1M

Jacquet Metal fundamental ratios Correlations

-0.53-0.550.990.910.720.99-0.450.820.930.880.85-0.580.780.740.980.88-0.920.90.950.48-0.520.70.23-0.6
-0.530.84-0.6-0.47-0.53-0.59-0.26-0.53-0.48-0.71-0.510.85-0.5-0.64-0.6-0.570.66-0.63-0.49-0.40.67-0.54-0.280.73
-0.550.84-0.61-0.43-0.64-0.630.2-0.65-0.44-0.72-0.630.99-0.61-0.86-0.59-0.650.55-0.63-0.61-0.540.84-0.64-0.460.88
0.99-0.6-0.610.950.740.98-0.40.860.960.930.85-0.630.80.751.00.9-0.950.950.950.51-0.560.740.25-0.64
0.91-0.47-0.430.950.640.88-0.380.841.00.910.75-0.470.720.580.960.84-0.950.960.910.42-0.410.690.14-0.51
0.72-0.53-0.640.740.640.74-0.250.920.640.630.97-0.580.980.850.730.94-0.630.770.840.94-0.840.960.79-0.82
0.99-0.59-0.630.980.880.74-0.440.820.890.890.86-0.660.790.790.970.87-0.910.890.940.49-0.580.70.26-0.65
-0.45-0.260.2-0.4-0.38-0.25-0.44-0.4-0.39-0.36-0.390.22-0.32-0.42-0.38-0.350.21-0.33-0.53-0.150.18-0.25-0.060.21
0.82-0.53-0.650.860.840.920.82-0.40.840.810.94-0.620.950.820.870.98-0.790.930.930.82-0.760.950.61-0.79
0.93-0.48-0.440.961.00.640.89-0.390.840.920.76-0.470.730.590.970.85-0.960.960.920.43-0.420.690.15-0.51
0.88-0.71-0.720.930.910.630.89-0.360.810.920.74-0.750.690.740.940.82-0.950.940.890.4-0.570.670.17-0.68
0.85-0.51-0.630.850.750.970.86-0.390.940.760.74-0.60.970.880.840.96-0.750.840.930.83-0.760.910.68-0.76
-0.580.850.99-0.63-0.47-0.58-0.660.22-0.62-0.47-0.75-0.6-0.57-0.83-0.62-0.620.59-0.65-0.61-0.450.79-0.59-0.340.85
0.78-0.5-0.610.80.720.980.79-0.320.950.730.690.97-0.570.860.790.97-0.690.840.890.92-0.840.980.69-0.83
0.74-0.64-0.860.750.580.850.79-0.420.820.590.740.88-0.830.860.730.86-0.640.740.840.75-0.910.830.55-0.93
0.98-0.6-0.591.00.960.730.97-0.380.870.970.940.84-0.620.790.730.9-0.960.970.950.51-0.550.740.24-0.64
0.88-0.57-0.650.90.840.940.87-0.350.980.850.820.96-0.620.970.860.9-0.830.930.960.82-0.780.950.57-0.81
-0.920.660.55-0.95-0.95-0.63-0.910.21-0.79-0.96-0.95-0.750.59-0.69-0.64-0.96-0.83-0.94-0.88-0.380.46-0.65-0.130.57
0.9-0.63-0.630.950.960.770.89-0.330.930.960.940.84-0.650.840.740.970.93-0.940.940.61-0.640.830.31-0.72
0.95-0.49-0.610.950.910.840.94-0.530.930.920.890.93-0.610.890.840.950.96-0.880.940.65-0.670.840.39-0.73
0.48-0.4-0.540.510.420.940.49-0.150.820.430.40.83-0.450.920.750.510.82-0.380.610.65-0.870.940.83-0.8
-0.520.670.84-0.56-0.41-0.84-0.580.18-0.76-0.42-0.57-0.760.79-0.84-0.91-0.55-0.780.46-0.64-0.67-0.87-0.88-0.640.99
0.7-0.54-0.640.740.690.960.7-0.250.950.690.670.91-0.590.980.830.740.95-0.650.830.840.94-0.880.69-0.87
0.23-0.28-0.460.250.140.790.26-0.060.610.150.170.68-0.340.690.550.240.57-0.130.310.390.83-0.640.69-0.54
-0.60.730.88-0.64-0.51-0.82-0.650.21-0.79-0.51-0.68-0.760.85-0.83-0.93-0.64-0.810.57-0.72-0.73-0.80.99-0.87-0.54
Click cells to compare fundamentals

Jacquet Metal Account Relationship Matchups

Jacquet Metal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities408.3M363.0M533.4M591.1M679.7M503.5M
Other Assets64.3M68.2M87.0M93.7M107.7M76.0M
Net Receivables167.2M146.7M224.7M237.2M272.8M200.0M
Inventory442.5M367.7M587.7M780.3M897.3M544.6M
Other Current Assets9.0M8.2M15.4M31.4M36.1M37.9M
Total Current Assets828.5M859.6M1.1B1.3B1.5B988.8M
Property Plant Equipment221.2M218.5M224.5M247.9M285.1M213.2M
Other Stockholder Equity327.9M322.6M439.5M612.1M704.0M371.7M
Other Current Liab46.6M39.7M69.0M96.6M111.1M68.5M
Other Liab76.6M77.6M74.8M60.7M54.6M58.2M
Net Tangible Assets292.6M287.6M405.7M577.6M664.2M407.4M
Accounts Payable177.6M171.1M276.7M251.6M289.4M243.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Jacquet Stock Analysis

When running Jacquet Metal's price analysis, check to measure Jacquet Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jacquet Metal is operating at the current time. Most of Jacquet Metal's value examination focuses on studying past and present price action to predict the probability of Jacquet Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jacquet Metal's price. Additionally, you may evaluate how the addition of Jacquet Metal to your portfolios can decrease your overall portfolio volatility.