Jiahe Common Stock Shares Outstanding vs Net Working Capital Analysis
605300 Stock | 14.86 0.28 1.92% |
Jiahe Foods financial indicator trend analysis is infinitely more than just investigating Jiahe Foods Industry recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiahe Foods Industry is a good investment. Please check the relationship between Jiahe Foods Common Stock Shares Outstanding and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiahe Foods Industry. 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.
Common Stock Shares Outstanding vs Net Working Capital
Common Stock Shares Outstanding vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiahe Foods Industry Common Stock Shares Outstanding account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jiahe Foods' Common Stock Shares Outstanding and Net Working Capital is 0.94. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Jiahe Foods Industry, assuming nothing else is changed. The correlation between historical values of Jiahe Foods' Common Stock Shares Outstanding and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Jiahe Foods Industry are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Common Stock Shares Outstanding i.e., Jiahe Foods' Common Stock Shares Outstanding and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Net Working Capital
Most indicators from Jiahe Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiahe Foods Industry 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 Jiahe Foods Industry. 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. As of December 11, 2024, Tax Provision is expected to decline to about 53 M. In addition to that, Selling General Administrative is expected to decline to about 81.4 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 770.2K | 3.4M | 10.7M | 11.3M | Interest Income | 5.3M | 5.8M | 15.9M | 16.7M |
Jiahe Foods fundamental ratios Correlations
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Jiahe Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Jiahe Stock
Balance Sheet is a snapshot of the financial position of Jiahe Foods Industry at a specified time, usually calculated after every quarter, six months, or one year. Jiahe Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiahe Foods 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 Jiahe currently owns. An asset can also be divided into two categories, current and non-current.