JAR Stock | | | 62.50 0.00 0.00% |
Jardine Matheson financial indicator trend analysis is infinitely more than just investigating Jardine Matheson Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jardine Matheson Holdings is a good investment. Please check the relationship between Jardine Matheson Cash and its Property Plant And Equipment Net accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jardine Matheson Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jardine Matheson Holdings Cash account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jardine Matheson's Cash and Property Plant And Equipment Net is 0.83. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Jardine Matheson Holdings, assuming nothing else is changed. The correlation between historical values of Jardine Matheson's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Jardine Matheson Holdings are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Jardine Matheson's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Jardine Matheson Holdings, which is listed under current asset account on Jardine Matheson Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jardine Matheson customers. The amounts must be unrestricted with restricted cash listed in a different Jardine Matheson account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Jardine Matheson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jardine Matheson Holdings 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 Jardine Matheson Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Tax Provision is expected to grow to about 964.5
M, whereas
Selling General Administrative is forecasted to decline to about 1.6
B.
Jardine Matheson fundamental ratios Correlations
Click cells to compare fundamentals
Jardine Matheson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jardine Matheson fundamental ratios Accounts
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Other Information on Investing in Jardine Stock
Balance Sheet is a snapshot of the
financial position of Jardine Matheson Holdings at a specified time, usually calculated after every quarter, six months, or one year. Jardine Matheson Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jardine Matheson 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 Jardine currently owns. An asset can also be divided into two categories, current and non-current.