Beijing Depreciation vs Other Non Cash Items Analysis

301276 Stock   21.40  0.10  0.47%   
Beijing Jiaman financial indicator trend analysis is way more than just evaluating Beijing Jiaman Dress prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Jiaman Dress is a good investment. Please check the relationship between Beijing Jiaman Depreciation and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Jiaman Dress. 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.

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Jiaman Dress Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between Beijing Jiaman's Depreciation and Other Non Cash Items is -0.89. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Beijing Jiaman Dress, assuming nothing else is changed. The correlation between historical values of Beijing Jiaman's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Beijing Jiaman Dress are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., Beijing Jiaman's Depreciation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Depreciation

Depreciation indicates how much of Beijing Jiaman Dress value has been used up. For tax purposes Beijing Jiaman can deduct the cost of the tangible assets it purchases as business expenses. However, Beijing Jiaman Dress must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Other Non Cash Items

Most indicators from Beijing Jiaman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Jiaman Dress 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 Beijing Jiaman Dress. 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 November 29, 2024, Tax Provision is expected to decline to about 54.8 M. In addition to that, Selling General Administrative is expected to decline to about 283 M
 2022 2023 2024 (projected)
Interest Expense1.3M1.0M1.1M
Interest Income3.5M6.4M3.9M

Beijing Jiaman fundamental ratios Correlations

-0.850.761.00.960.76-0.830.790.9-0.88-0.560.960.970.810.940.90.781.00.980.960.740.980.670.940.620.95
-0.85-0.98-0.8-0.9-0.970.93-0.65-0.720.840.51-0.71-0.86-0.97-0.96-0.91-0.99-0.8-0.87-0.71-0.98-0.83-0.55-0.8-0.74-0.8
0.76-0.980.710.810.99-0.890.610.68-0.77-0.540.60.80.940.910.821.00.710.820.60.960.770.520.690.710.7
1.0-0.80.710.940.7-0.790.790.9-0.86-0.550.970.960.770.910.880.731.00.960.970.680.970.670.940.580.94
0.96-0.90.810.940.79-0.930.810.86-0.94-0.60.90.920.90.970.950.850.940.930.90.830.920.710.970.740.97
0.76-0.970.990.70.79-0.850.590.67-0.72-0.510.610.780.910.90.820.990.70.80.610.960.760.50.670.640.68
-0.830.93-0.89-0.79-0.93-0.85-0.69-0.740.970.57-0.69-0.85-0.98-0.96-0.85-0.92-0.79-0.86-0.69-0.89-0.83-0.59-0.85-0.91-0.85
0.79-0.650.610.790.810.59-0.690.97-0.71-0.930.860.680.590.740.820.610.790.70.860.580.70.980.890.420.89
0.9-0.720.680.90.860.67-0.740.97-0.78-0.850.930.830.660.830.830.680.90.850.930.610.840.890.920.490.92
-0.880.84-0.77-0.86-0.94-0.720.97-0.71-0.780.56-0.77-0.88-0.91-0.94-0.82-0.81-0.86-0.89-0.77-0.76-0.88-0.6-0.9-0.9-0.9
-0.560.51-0.54-0.55-0.6-0.510.57-0.93-0.850.56-0.63-0.46-0.45-0.57-0.63-0.52-0.55-0.49-0.63-0.47-0.47-0.95-0.7-0.34-0.7
0.96-0.710.60.970.90.61-0.690.860.93-0.77-0.630.880.650.830.880.620.970.881.00.590.890.770.940.430.95
0.97-0.860.80.960.920.78-0.850.680.83-0.88-0.460.880.840.950.820.820.961.00.880.741.00.530.860.70.87
0.81-0.970.940.770.90.91-0.980.590.66-0.91-0.450.650.840.960.860.970.770.850.650.950.820.480.790.870.79
0.94-0.960.910.910.970.9-0.960.740.83-0.94-0.570.830.950.960.90.940.910.960.830.890.940.620.890.80.9
0.9-0.910.820.880.950.82-0.850.820.83-0.82-0.630.880.820.860.90.840.880.830.880.880.810.770.940.580.93
0.78-0.991.00.730.850.99-0.920.610.68-0.81-0.520.620.820.970.940.840.730.830.620.970.790.510.720.760.73
1.0-0.80.711.00.940.7-0.790.790.9-0.86-0.550.970.960.770.910.880.730.960.970.680.970.670.940.580.94
0.98-0.870.820.960.930.8-0.860.70.85-0.89-0.490.881.00.850.960.830.830.960.880.751.00.550.870.690.88
0.96-0.710.60.970.90.61-0.690.860.93-0.77-0.631.00.880.650.830.880.620.970.880.590.890.770.940.430.95
0.74-0.980.960.680.830.96-0.890.580.61-0.76-0.470.590.740.950.890.880.970.680.750.590.710.510.710.70.72
0.98-0.830.770.970.920.76-0.830.70.84-0.88-0.470.891.00.820.940.810.790.971.00.890.710.540.870.670.88
0.67-0.550.520.670.710.5-0.590.980.89-0.6-0.950.770.530.480.620.770.510.670.550.770.510.540.820.310.82
0.94-0.80.690.940.970.67-0.850.890.92-0.9-0.70.940.860.790.890.940.720.940.870.940.710.870.820.641.0
0.62-0.740.710.580.740.64-0.910.420.49-0.9-0.340.430.70.870.80.580.760.580.690.430.70.670.310.640.64
0.95-0.80.70.940.970.68-0.850.890.92-0.9-0.70.950.870.790.90.930.730.940.880.950.720.880.821.00.64
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Beijing Jiaman Account Relationship Matchups

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Other Information on Investing in Beijing Stock

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