Jade Net Invested Capital vs Non Currrent Assets Other Analysis

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 Net Invested Capital and its Non Currrent Assets Other 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.

Net Invested Capital vs Non Currrent Assets Other

Net Invested Capital vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jade Leader Corp Net Invested Capital account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jade Leader's Net Invested Capital and Non Currrent Assets Other is -0.16. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Non Currrent Assets Other 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 Net Invested Capital and Non Currrent Assets Other 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 Invested Capital of Jade Leader Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Invested Capital i.e., Jade Leader's Net Invested Capital and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.
 2023 2024 (projected)
Other Operating Expenses4.5K4.0K
Cost Of Revenue18.6K19.5K

Jade Leader fundamental ratios Correlations

0.560.98-0.680.99-0.81-0.480.54-0.28-0.720.170.930.540.540.860.990.560.99-0.210.440.830.96-0.230.79-0.53-0.52
0.560.42-0.610.45-0.7-0.41-0.07-0.76-0.630.650.721.0-0.060.820.560.940.63-0.460.950.810.43-0.870.87-0.83-0.83
0.980.42-0.651.0-0.75-0.460.64-0.23-0.680.060.850.40.640.770.970.430.95-0.140.310.730.99-0.080.7-0.45-0.44
-0.68-0.61-0.65-0.660.720.63-0.080.470.950.02-0.74-0.59-0.05-0.73-0.73-0.66-0.740.25-0.52-0.68-0.650.47-0.690.610.61
0.990.451.0-0.66-0.76-0.470.62-0.23-0.690.090.870.430.620.80.970.450.96-0.160.340.760.99-0.110.72-0.46-0.45
-0.81-0.7-0.750.72-0.760.38-0.150.310.79-0.39-0.89-0.67-0.15-0.79-0.85-0.8-0.860.48-0.52-0.87-0.730.57-0.740.760.75
-0.48-0.41-0.460.63-0.470.38-0.210.360.710.09-0.43-0.42-0.18-0.48-0.47-0.39-0.50.12-0.48-0.46-0.490.18-0.510.270.26
0.54-0.070.64-0.080.62-0.15-0.21-0.03-0.06-0.090.24-0.071.00.20.44-0.180.410.36-0.060.110.640.520.170.030.03
-0.28-0.76-0.230.47-0.230.310.36-0.030.41-0.52-0.33-0.77-0.04-0.55-0.26-0.65-0.330.34-0.81-0.43-0.30.56-0.670.710.72
-0.72-0.63-0.680.95-0.690.790.71-0.060.41-0.05-0.79-0.61-0.03-0.77-0.77-0.7-0.780.44-0.55-0.77-0.660.52-0.730.620.62
0.170.650.060.020.09-0.390.09-0.09-0.52-0.050.350.66-0.050.470.150.620.21-0.610.630.540.09-0.570.56-0.73-0.73
0.930.720.85-0.740.87-0.89-0.430.24-0.33-0.790.350.690.250.950.950.770.96-0.410.560.960.82-0.520.89-0.71-0.7
0.541.00.4-0.590.43-0.67-0.42-0.07-0.77-0.610.660.69-0.060.810.540.930.62-0.470.960.790.41-0.860.87-0.82-0.81
0.54-0.060.64-0.050.62-0.15-0.181.0-0.04-0.03-0.050.25-0.060.210.44-0.170.410.35-0.060.120.640.510.180.020.01
0.860.820.77-0.730.8-0.79-0.480.2-0.55-0.770.470.950.810.210.870.820.91-0.470.720.960.76-0.590.98-0.78-0.78
0.990.560.97-0.730.97-0.85-0.470.44-0.26-0.770.150.950.540.440.870.61.0-0.270.430.860.94-0.30.8-0.55-0.55
0.560.940.43-0.660.45-0.8-0.39-0.18-0.65-0.70.620.770.93-0.170.820.60.65-0.550.810.850.42-0.890.84-0.89-0.89
0.990.630.95-0.740.96-0.86-0.50.41-0.33-0.780.210.960.620.410.911.00.65-0.310.510.890.93-0.360.84-0.6-0.59
-0.21-0.46-0.140.25-0.160.480.120.360.340.44-0.61-0.41-0.470.35-0.47-0.27-0.55-0.31-0.46-0.59-0.160.57-0.510.630.62
0.440.950.31-0.520.34-0.52-0.48-0.06-0.81-0.550.630.560.96-0.060.720.430.810.51-0.460.70.34-0.780.81-0.71-0.7
0.830.810.73-0.680.76-0.87-0.460.11-0.43-0.770.540.960.790.120.960.860.850.89-0.590.70.71-0.630.94-0.79-0.78
0.960.430.99-0.650.99-0.73-0.490.64-0.3-0.660.090.820.410.640.760.940.420.93-0.160.340.71-0.060.71-0.47-0.47
-0.23-0.87-0.080.47-0.110.570.180.520.560.52-0.57-0.52-0.860.51-0.59-0.3-0.89-0.360.57-0.78-0.63-0.06-0.630.70.7
0.790.870.7-0.690.72-0.74-0.510.17-0.67-0.730.560.890.870.180.980.80.840.84-0.510.810.940.71-0.63-0.82-0.82
-0.53-0.83-0.450.61-0.460.760.270.030.710.62-0.73-0.71-0.820.02-0.78-0.55-0.89-0.60.63-0.71-0.79-0.470.7-0.821.0
-0.52-0.83-0.440.61-0.450.750.260.030.720.62-0.73-0.7-0.810.01-0.78-0.55-0.89-0.590.62-0.7-0.78-0.470.7-0.821.0
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Jade Leader Account Relationship Matchups

Jade Leader fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9M1.5M1.4M1.6M1.8M1.3M
Total Current Liabilities41.9K122.3K155.9K305.3K351.1K368.7K
Total Stockholder Equity1.8M1.3M1.3M1.2M1.4M1.2M
Net Tangible Assets1.7M1.8M1.3M1.3M1.5M1.2M
Retained Earnings(15.7M)(16.5M)(16.8M)(17.2M)(15.5M)(16.2M)
Accounts Payable3.3K30.0K0.074.066.663.27
Cash271.1K203.8K132.1K136.6K157.1K194.3K
Net Receivables13.0K11.5K595.08.3K525.00.0
Other Stockholder Equity3.1M3.3M3.4M3.5M4.1M3.0M
Total Liab54.7K135.0K168.6K356.4K409.8K430.3K
Total Current Assets299.6K237.9K165.5K166.8K191.8K225.9K
Common Stock13.9M14.2M14.4M14.5M16.7M14.8M
Property Plant Equipment1.4M1.6M1.2M1.3M1.5M1.0M
Other Current Liab12.6K5.5K68.9K130.5K150.1K157.6K
Non Current Assets Total1.6M1.2M1.3M1.4M1.6M1.2M
Common Stock Shares Outstanding51.3M56.5M59.7M64.9M74.6M53.4M
Net Invested Capital1.8M1.3M1.3M1.2M1.4M1.4M
Net Working Capital257.7K115.6K9.7K(138.5K)(124.7K)(118.4K)
Capital Stock14.2M14.4M14.5M14.7M16.9M15.5M

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