Jade Total Current Assets vs Other 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 Total Current Assets and its Other 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.

Total Current Assets vs Other Assets

Total Current Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jade Leader Corp Total Current Assets account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jade Leader's Total Current Assets and Other Assets is -0.04. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other 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 Total Current Assets and Other 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 Total Current Assets of Jade Leader Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Assets i.e., Jade Leader's Total Current Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other 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.