600584 Stock | | | 38.46 0.09 0.23% |
JCET Group financial indicator trend analysis is infinitely more than just investigating JCET Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JCET Group is a good investment. Please check the relationship between JCET Group Inventory and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in JCET Group Co. 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.
Inventory vs Good Will
Inventory vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JCET Group Inventory account and
Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between JCET Group's Inventory and Good Will is -0.77. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Good Will in the same time period over historical financial statements of JCET Group Co, assuming nothing else is changed. The correlation between historical values of JCET Group's Inventory and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of JCET Group Co are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Inventory i.e., JCET Group's Inventory and Good Will go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Inventory
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from JCET Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JCET Group 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 JCET Group Co. 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 468.5
M. The current year's
Tax Provision is expected to grow to about 77.1
MJCET Group fundamental ratios Correlations
Click cells to compare fundamentals
JCET Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JCET Group fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in JCET Stock
Balance Sheet is a snapshot of the
financial position of JCET Group at a specified time, usually calculated after every quarter, six months, or one year. JCET Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JCET Group 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 JCET currently owns. An asset can also be divided into two categories, current and non-current.