JCSE Total Assets vs Gross Profit Margin Analysis
| JCSE Stock | USD 1.09 0.03 2.83% |
JE Cleantech financial indicator trend analysis is infinitely more than just investigating JE Cleantech Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JE Cleantech Holdings is a good investment. Please check the relationship between JE Cleantech Total Assets and its Gross Profit Margin accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JE Cleantech 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 state.
Total Assets vs Gross Profit Margin
Total Assets vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JE Cleantech Holdings Total Assets account and Gross Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between JE Cleantech's Total Assets and Gross Profit Margin is -0.01. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of JE Cleantech Holdings, assuming nothing else is changed. The correlation between historical values of JE Cleantech's Total Assets and Gross Profit Margin 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 Assets of JE Cleantech Holdings are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Assets i.e., JE Cleantech's Total Assets and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.01 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of JE Cleantech 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 JE Cleantech Holdings 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.Gross Profit Margin
Most indicators from JE Cleantech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JE Cleantech 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 JE Cleantech 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 state. The current year's Tax Provision is expected to grow to about 193 K, whereas Selling General Administrative is forecasted to decline to about 2.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 217K | 336K | 511K | 405.2K | Depreciation And Amortization | 614K | 672K | 702K | 596.6K |
JE Cleantech fundamental ratios Correlations
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JE Cleantech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether JE Cleantech Holdings is a strong investment it is important to analyze JE Cleantech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JE Cleantech's future performance. For an informed investment choice regarding JCSE Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JE Cleantech 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 state. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JE Cleantech. If investors know JCSE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JE Cleantech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.143 | Earnings Share 0.12 | Revenue Per Share 3.987 | Quarterly Revenue Growth 0.219 | Return On Assets 0.0249 |
The market value of JE Cleantech Holdings is measured differently than its book value, which is the value of JCSE that is recorded on the company's balance sheet. Investors also form their own opinion of JE Cleantech's value that differs from its market value or its book value, called intrinsic value, which is JE Cleantech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JE Cleantech's market value can be influenced by many factors that don't directly affect JE Cleantech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JE Cleantech's value and its price as these two are different measures arrived at by different means. Investors typically determine if JE Cleantech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JE Cleantech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.