Jiangxi Net Income vs Change In Cash Analysis

688057 Stock   12.33  0.03  0.24%   
Jiangxi JDL financial indicator trend analysis is infinitely more than just investigating Jiangxi JDL Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi JDL Environmental is a good investment. Please check the relationship between Jiangxi JDL Net Income and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi JDL Environmental. 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.

Net Income vs Change In Cash

Net Income vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi JDL Environmental Net Income account and Change In Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jiangxi JDL's Net Income and Change In Cash is 0.24. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Jiangxi JDL Environmental, assuming nothing else is changed. The correlation between historical values of Jiangxi JDL's Net Income and Change In 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 Net Income of Jiangxi JDL Environmental are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., Jiangxi JDL's Net Income and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Jiangxi JDL Environmental financial statement analysis. It represents the amount of money remaining after all of Jiangxi JDL Environmental operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Cash

Most indicators from Jiangxi JDL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi JDL Environmental 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 Jiangxi JDL Environmental. 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 82.8 M, whereas Tax Provision is forecasted to decline to about 10.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.2M1.8M2.5M2.8M
Interest Income40.5M31.1M41.5M26.8M

Jiangxi JDL fundamental ratios Correlations

0.96-0.921.00.98-0.470.980.480.85-0.880.820.96-0.17-0.940.02-0.891.0-0.911.00.960.561.01.00.24-0.80.68
0.96-0.910.970.93-0.450.950.270.8-0.880.780.96-0.19-0.940.09-0.890.97-0.90.970.960.520.980.950.1-0.760.6
-0.92-0.91-0.93-0.920.75-0.88-0.5-0.770.97-0.84-0.990.510.97-0.271.0-0.930.86-0.92-0.99-0.21-0.93-0.93-0.20.93-0.77
1.00.97-0.930.98-0.490.980.460.85-0.890.830.97-0.2-0.950.05-0.911.0-0.911.00.970.541.01.00.23-0.810.68
0.980.93-0.920.98-0.530.940.580.89-0.90.90.94-0.24-0.950.08-0.890.98-0.850.980.940.530.980.990.3-0.850.74
-0.47-0.450.75-0.49-0.53-0.37-0.61-0.370.81-0.67-0.650.930.69-0.690.8-0.490.36-0.46-0.650.43-0.48-0.49-0.350.89-0.82
0.980.95-0.880.980.94-0.370.370.83-0.80.710.93-0.04-0.88-0.13-0.840.98-0.960.980.930.610.980.980.12-0.70.55
0.480.27-0.50.460.58-0.610.370.42-0.550.660.43-0.45-0.520.28-0.520.47-0.240.470.430.020.450.510.77-0.690.81
0.850.8-0.770.850.89-0.370.830.42-0.720.810.77-0.07-0.77-0.18-0.740.85-0.780.850.770.610.850.87-0.04-0.70.45
-0.88-0.880.97-0.89-0.90.81-0.8-0.55-0.72-0.91-0.950.610.98-0.450.98-0.890.73-0.87-0.95-0.15-0.89-0.88-0.330.97-0.87
0.820.78-0.840.830.9-0.670.710.660.81-0.910.81-0.49-0.910.39-0.840.83-0.570.820.810.320.820.840.43-0.910.85
0.960.96-0.990.970.94-0.650.930.430.77-0.950.81-0.39-0.970.21-0.970.97-0.90.961.00.320.970.960.2-0.880.73
-0.17-0.190.51-0.2-0.240.93-0.04-0.45-0.070.61-0.49-0.390.47-0.870.57-0.20.03-0.16-0.390.67-0.19-0.18-0.350.7-0.71
-0.94-0.940.97-0.95-0.950.69-0.88-0.52-0.770.98-0.91-0.970.47-0.350.96-0.950.79-0.94-0.97-0.31-0.95-0.94-0.330.93-0.83
0.020.09-0.270.050.08-0.69-0.130.28-0.18-0.450.390.21-0.87-0.35-0.340.060.220.020.21-0.60.040.010.5-0.490.64
-0.89-0.891.0-0.91-0.890.8-0.84-0.52-0.740.98-0.84-0.970.570.96-0.34-0.910.82-0.89-0.97-0.14-0.9-0.9-0.220.95-0.8
1.00.97-0.931.00.98-0.490.980.470.85-0.890.830.97-0.2-0.950.06-0.91-0.911.00.970.541.01.00.23-0.810.69
-0.91-0.90.86-0.91-0.850.36-0.96-0.24-0.780.73-0.57-0.90.030.790.220.82-0.91-0.91-0.9-0.51-0.91-0.910.090.63-0.41
1.00.97-0.921.00.98-0.460.980.470.85-0.870.820.96-0.16-0.940.02-0.891.0-0.910.960.561.01.00.23-0.790.67
0.960.96-0.990.970.94-0.650.930.430.77-0.950.811.0-0.39-0.970.21-0.970.97-0.90.960.320.970.960.2-0.880.73
0.560.52-0.210.540.530.430.610.020.61-0.150.320.320.67-0.31-0.6-0.140.54-0.510.560.320.540.55-0.05-0.02-0.04
1.00.98-0.931.00.98-0.480.980.450.85-0.890.820.97-0.19-0.950.04-0.91.0-0.911.00.970.541.00.22-0.80.67
1.00.95-0.931.00.99-0.490.980.510.87-0.880.840.96-0.18-0.940.01-0.91.0-0.911.00.960.551.00.24-0.820.69
0.240.1-0.20.230.3-0.350.120.77-0.04-0.330.430.2-0.35-0.330.5-0.220.230.090.230.2-0.050.220.24-0.40.74
-0.8-0.760.93-0.81-0.850.89-0.7-0.69-0.70.97-0.91-0.880.70.93-0.490.95-0.810.63-0.79-0.88-0.02-0.8-0.82-0.4-0.91
0.680.6-0.770.680.74-0.820.550.810.45-0.870.850.73-0.71-0.830.64-0.80.69-0.410.670.73-0.040.670.690.74-0.91
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Other Information on Investing in Jiangxi Stock

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