Jiahe Total Stockholder Equity vs Non Current Assets Total Analysis

605300 Stock   15.27  0.41  2.76%   
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 Total Stockholder Equity and its Non Current Assets Total 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.

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiahe Foods Industry Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Jiahe Foods' Total Stockholder Equity and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total 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' Total Stockholder Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Jiahe Foods Industry are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Jiahe Foods' Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 12, 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 Expense770.2K3.4M10.7M11.3M
Interest Income5.3M5.8M15.9M16.7M

Jiahe Foods fundamental ratios Correlations

-0.930.930.980.970.060.960.990.80.970.930.980.980.91-0.860.951.01.00.93-0.90.970.790.96-0.980.98-0.58
-0.93-0.82-0.94-0.960.29-0.97-0.94-0.9-0.87-1.0-0.87-0.93-0.780.78-0.84-0.94-0.92-1.00.87-0.93-0.7-0.90.93-0.960.74
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0.98-0.940.850.990.050.930.990.770.910.940.940.990.94-0.760.870.980.970.94-0.931.00.840.97-0.970.97-0.6
0.97-0.960.840.99-0.030.960.990.790.90.950.911.00.91-0.750.870.980.960.95-0.950.980.850.92-0.940.96-0.61
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0.96-0.970.920.930.96-0.150.950.860.950.950.920.950.78-0.860.940.970.960.95-0.850.910.690.87-0.920.95-0.62
0.99-0.940.880.990.990.040.950.790.930.940.940.990.94-0.80.90.990.980.94-0.950.990.850.95-0.970.97-0.61
0.8-0.90.770.770.79-0.50.860.790.790.90.760.750.59-0.860.780.810.80.9-0.730.750.550.82-0.850.88-0.91
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0.91-0.780.760.940.910.310.780.940.590.830.790.880.93-0.650.780.890.90.79-0.920.940.910.93-0.910.88-0.47
-0.860.78-0.96-0.76-0.750.09-0.86-0.8-0.86-0.94-0.77-0.89-0.75-0.65-0.95-0.86-0.88-0.770.66-0.73-0.52-0.820.86-0.860.64
0.95-0.841.00.870.870.080.940.90.781.00.820.960.880.78-0.950.950.960.82-0.770.840.650.86-0.910.91-0.51
1.0-0.940.930.980.980.020.970.990.810.970.940.970.980.89-0.860.951.00.94-0.890.970.770.95-0.970.98-0.59
1.0-0.920.950.970.960.070.960.980.80.980.920.990.960.9-0.880.961.00.92-0.880.960.760.95-0.970.98-0.57
0.93-1.00.80.940.95-0.270.950.940.90.861.00.870.920.79-0.770.820.940.92-0.860.940.680.91-0.930.96-0.73
-0.90.87-0.74-0.93-0.950.0-0.85-0.95-0.73-0.8-0.86-0.8-0.95-0.920.66-0.77-0.89-0.88-0.86-0.92-0.96-0.880.88-0.880.65
0.97-0.930.821.00.980.050.910.990.750.890.940.930.980.94-0.730.840.970.960.94-0.920.820.96-0.960.97-0.59
0.79-0.70.620.840.850.20.690.850.550.690.680.70.870.91-0.520.650.770.760.68-0.960.820.79-0.770.75-0.52
0.96-0.90.840.970.920.040.870.950.820.90.910.950.920.93-0.820.860.950.950.91-0.880.960.79-0.990.98-0.69
-0.980.93-0.89-0.97-0.940.01-0.92-0.97-0.85-0.94-0.93-0.96-0.94-0.910.86-0.91-0.97-0.97-0.930.88-0.96-0.77-0.99-0.990.7
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-0.580.74-0.49-0.6-0.610.6-0.62-0.61-0.91-0.53-0.73-0.51-0.56-0.470.64-0.51-0.59-0.57-0.730.65-0.59-0.52-0.690.7-0.7
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Jiahe Foods Account Relationship Matchups

Currently Active Assets on Macroaxis

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.