Jade Good Will vs Other Stockholder Equity Analysis

JGH Stock   0.04  0  2.44%   
Jade Gas financial indicator trend analysis is infinitely more than just investigating Jade Gas Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jade Gas Holdings is a good investment. Please check the relationship between Jade Gas Good Will and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jade Gas 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 board of governors.

Good Will vs Other Stockholder Equity

Good Will vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jade Gas Holdings Good Will account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jade Gas' Good Will and Other Stockholder Equity is -0.26. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Jade Gas Holdings, assuming nothing else is changed. The correlation between historical values of Jade Gas' Good Will and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Jade Gas Holdings are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Good Will i.e., Jade Gas' Good Will and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Stockholder Equity

Most indicators from Jade Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jade Gas 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 Jade Gas 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 board of governors.
Selling General Administrative is likely to gain to about 1.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 8 M in 2024.
 2010 2022 2023 2024 (projected)
Minority Interest181.1K281.3K312.3K284.1K
Reconciled Depreciation70.7K323.4K566.9K352.4K

Jade Gas fundamental ratios Correlations

0.630.260.710.990.970.62-0.240.480.770.510.980.90.50.840.35-0.650.740.640.57-0.08-0.24-0.190.950.92-0.55
0.630.40.950.540.680.320.37-0.020.90.090.650.530.080.520.16-0.480.960.20.98-0.140.19-0.230.620.67-0.27
0.260.40.530.20.250.650.310.380.5-0.110.290.32-0.10.610.110.290.530.030.390.71-0.360.660.270.33-0.5
0.710.950.530.620.770.390.410.080.98-0.010.760.56-0.010.670.03-0.420.990.140.960.020.11-0.090.650.8-0.33
0.990.540.20.620.960.62-0.320.510.70.550.970.90.550.820.37-0.660.660.670.47-0.09-0.28-0.20.940.89-0.55
0.970.680.250.770.960.56-0.060.350.810.340.990.850.340.810.25-0.70.790.490.65-0.11-0.11-0.230.940.94-0.54
0.620.320.650.390.620.56-0.320.560.420.50.570.730.490.810.63-0.020.460.610.220.57-0.450.50.690.44-0.76
-0.240.370.310.41-0.32-0.06-0.32-0.530.32-0.87-0.08-0.34-0.87-0.12-0.60.110.34-0.80.50.050.530.04-0.240.070.18
0.48-0.020.380.080.510.350.56-0.530.150.560.410.570.580.540.38-0.050.130.63-0.10.28-0.960.240.450.38-0.63
0.770.90.50.980.70.810.420.320.150.050.810.620.050.740.08-0.430.980.220.90.020.06-0.10.690.86-0.34
0.510.09-0.11-0.010.550.340.5-0.870.560.050.340.591.00.350.74-0.310.080.98-0.06-0.11-0.51-0.120.520.18-0.33
0.980.650.290.760.970.990.57-0.080.410.810.340.860.340.830.23-0.670.780.490.62-0.08-0.18-0.20.930.96-0.56
0.90.530.320.560.90.850.73-0.340.570.620.590.860.590.760.65-0.630.630.720.42-0.09-0.38-0.180.970.78-0.71
0.50.08-0.1-0.010.550.340.49-0.870.580.051.00.340.590.340.74-0.310.070.98-0.07-0.11-0.52-0.120.520.18-0.33
0.840.520.610.670.820.810.81-0.120.540.740.350.830.760.340.32-0.20.710.510.460.41-0.360.30.770.81-0.65
0.350.160.110.030.370.250.63-0.60.380.080.740.230.650.740.32-0.160.140.76-0.03-0.01-0.33-0.020.510.09-0.51
-0.65-0.480.29-0.42-0.66-0.7-0.020.11-0.05-0.43-0.31-0.67-0.63-0.31-0.2-0.16-0.43-0.35-0.460.74-0.120.8-0.72-0.630.18
0.740.960.530.990.660.790.460.340.130.980.080.780.630.070.710.14-0.430.230.940.020.07-0.090.70.8-0.38
0.640.20.030.140.670.490.61-0.80.630.220.980.490.720.980.510.76-0.350.230.05-0.06-0.55-0.090.640.35-0.44
0.570.980.390.960.470.650.220.5-0.10.9-0.060.620.42-0.070.46-0.03-0.460.940.05-0.130.27-0.220.530.65-0.2
-0.08-0.140.710.02-0.09-0.110.570.050.280.02-0.11-0.08-0.09-0.110.41-0.010.740.02-0.06-0.13-0.330.99-0.13-0.11-0.32
-0.240.19-0.360.11-0.28-0.11-0.450.53-0.960.06-0.51-0.18-0.38-0.52-0.36-0.33-0.120.07-0.550.27-0.33-0.32-0.23-0.150.54
-0.19-0.230.66-0.09-0.2-0.230.50.040.24-0.1-0.12-0.2-0.18-0.120.3-0.020.8-0.09-0.09-0.220.99-0.32-0.23-0.23-0.26
0.950.620.270.650.940.940.69-0.240.450.690.520.930.970.520.770.51-0.720.70.640.53-0.13-0.23-0.230.85-0.65
0.920.670.330.80.890.940.440.070.380.860.180.960.780.180.810.09-0.630.80.350.65-0.11-0.15-0.230.85-0.47
-0.55-0.27-0.5-0.33-0.55-0.54-0.760.18-0.63-0.34-0.33-0.56-0.71-0.33-0.65-0.510.18-0.38-0.44-0.2-0.320.54-0.26-0.65-0.47
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Jade Gas Account Relationship Matchups

Jade Gas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets589.3K206.8K8.9M13.5M23.1M24.2M
Other Current Liab260.8K197.1K194.5K237.0K407.4K328.8K
Total Current Liabilities459.0K190.7K503.1K705.6K3.8M4.0M
Total Stockholder Equity130.3K16.2K7.9M13.0M19.9M20.9M
Net Debt(230.1K)6.5K(3.8M)(2.9M)(296.2K)(311.0K)
Retained Earnings(10.2M)(10.8M)(7.5M)(11.3M)(15.5M)(16.3M)
Accounts Payable124.5K40.8K224.3K119.9K964.8K1.0M
Cash230.1K82.6K4.4M3.4M2.1M1.3M
Non Current Assets Total0.02.0M3.7M9.8M19.5M20.5M
Cash And Short Term Investments402.6K82.6K4.4M3.4M2.1M1.3M
Net Receivables49.5K29.0K144.7K125.8K339.0K310.7K
Liabilities And Stockholders Equity589.3K206.8K8.9M13.5M23.1M24.2M
Total Liab459.0K190.7K1.1M922.6K3.9M4.1M
Total Current Assets589.3K206.8K5.2M3.8M3.5M2.0M
Accumulated Other Comprehensive Income109.0K118.6K51.0K803.4K1.3M932.9K
Other Current Assets137.2K95.2K50.6K261.4K1.1M1.1M
Cash And Equivalents230.1K82.6K4.4M3.2M3.7M2.2M
Property Plant Equipment2.1M2.0M3.7M9.8M11.2M11.8M

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