JADE Stock | | | CAD 0.02 0.00 0.00% |
Jade Leader financial indicator trend analysis is infinitely more than just investigating Jade Leader Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jade Leader Corp is a good investment. Please check the relationship between Jade Leader Accounts Payable and its Non Current Assets Total accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jade Leader Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Accounts Payable vs Non Current Assets Total
Accounts Payable vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jade Leader Corp Accounts Payable account and
Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jade Leader's Accounts Payable and Non Current Assets Total is -0.5. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Jade Leader Corp, assuming nothing else is changed. The correlation between historical values of Jade Leader's Accounts Payable 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 Accounts Payable of Jade Leader Corp 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 Accounts Payable i.e., Jade Leader's Accounts Payable and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.5 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Jade Leader obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Jade Leader Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Jade Leader's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jade Leader Corp 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jade Leader Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Issuance Of Capital Stock is likely to climb to about 339.2
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 380.1
K in 2024.
Jade Leader fundamental ratios Correlations
Click cells to compare fundamentals
Jade Leader Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jade Leader fundamental ratios Accounts
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