Jade Net Invested Capital vs Total Assets 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 Total Assets 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 Total Assets

Net Invested Capital vs Total Assets 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 Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jade Leader's Net Invested Capital and Total Assets is 0.96. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets 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 Total Assets 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 Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Jade Leader's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

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

Total Assets

Total assets refers to the total amount of Jade Leader assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Jade Leader Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, 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.
 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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Additional Tools for Jade Stock Analysis

When running Jade Leader's price analysis, check to measure Jade Leader's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jade Leader is operating at the current time. Most of Jade Leader's value examination focuses on studying past and present price action to predict the probability of Jade Leader's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jade Leader's price. Additionally, you may evaluate how the addition of Jade Leader to your portfolios can decrease your overall portfolio volatility.