J Long Net Income vs Total Operating Expenses Analysis

JL Stock   3.04  0.01  0.33%   
J Long financial indicator trend analysis is infinitely more than just investigating J Long Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether J Long Group is a good investment. Please check the relationship between J Long Net Income and its Total Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in J Long Group Limited. 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.

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J Long Group Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between J Long's Net Income and Total Operating Expenses is 0.66. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of J Long Group Limited, assuming nothing else is changed. The correlation between historical values of J Long's Net Income and Total Operating Expenses 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 Income of J Long Group Limited are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., J Long's Net Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in J Long Group financial statement analysis. It represents the amount of money remaining after all of J Long Group Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from J Long's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into J Long Group 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 J Long Group Limited. 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.
Issuance Of Capital Stock is expected to rise to about 6.7 M this year, although the value of Tax Provision will most likely fall to about 120.5 K.
 2021 2022 2023 2024 (projected)
Interest Expense75.9K135.6K146.0K108.7K
Depreciation And Amortization26.1K21.6K147.8K155.2K

J Long fundamental ratios Correlations

1.00.081.01.01.0-0.36-0.991.0-0.921.01.00.02-0.76-0.871.00.79-0.82-0.951.00.271.00.920.11.00.63
1.00.041.01.01.0-0.3-0.980.99-0.90.991.0-0.05-0.71-0.841.00.82-0.82-0.921.00.20.990.940.041.00.58
0.080.040.050.090.08-0.03-0.010.1-0.310.030.090.41-0.34-0.430.02-0.28-0.07-0.180.040.370.110.180.150.050.05
1.01.00.051.01.0-0.33-0.980.99-0.911.01.0-0.02-0.73-0.851.00.81-0.82-0.941.00.231.00.930.071.00.61
1.01.00.091.01.0-0.38-0.991.0-0.921.01.00.05-0.77-0.881.00.78-0.81-0.960.990.291.00.920.121.00.64
1.01.00.081.01.0-0.3-0.980.99-0.910.991.0-0.04-0.72-0.850.990.82-0.82-0.931.00.210.990.950.041.00.58
-0.36-0.3-0.03-0.33-0.38-0.30.46-0.420.28-0.39-0.34-0.840.80.49-0.390.150.380.61-0.3-0.93-0.40.01-0.95-0.32-0.94
-0.99-0.98-0.01-0.98-0.99-0.980.46-0.990.91-0.99-0.98-0.110.810.88-0.99-0.770.770.97-0.98-0.35-0.99-0.86-0.19-0.98-0.72
1.00.990.10.991.00.99-0.42-0.99-0.921.01.00.09-0.8-0.91.00.75-0.81-0.970.990.341.00.90.170.990.68
-0.92-0.9-0.31-0.91-0.92-0.910.280.91-0.92-0.9-0.92-0.130.780.96-0.9-0.740.560.91-0.9-0.31-0.92-0.87-0.03-0.91-0.57
1.00.990.031.01.00.99-0.39-0.991.0-0.91.00.03-0.76-0.861.00.79-0.81-0.950.990.281.00.90.131.00.66
1.01.00.091.01.01.0-0.34-0.981.0-0.921.00.0-0.75-0.871.00.79-0.82-0.941.00.251.00.930.081.00.61
0.02-0.050.41-0.020.05-0.04-0.84-0.110.09-0.130.030.0-0.67-0.390.03-0.490.01-0.34-0.060.960.07-0.270.9-0.030.72
-0.76-0.71-0.34-0.73-0.77-0.720.80.81-0.80.78-0.76-0.75-0.670.92-0.76-0.280.580.92-0.7-0.82-0.79-0.51-0.64-0.73-0.93
-0.87-0.84-0.43-0.85-0.88-0.850.490.88-0.90.96-0.86-0.87-0.390.92-0.86-0.540.580.95-0.84-0.56-0.89-0.76-0.29-0.85-0.72
1.01.00.021.01.00.99-0.39-0.991.0-0.91.01.00.03-0.76-0.860.79-0.81-0.950.990.281.00.90.131.00.65
0.790.82-0.280.810.780.820.15-0.770.75-0.740.790.79-0.49-0.28-0.540.79-0.47-0.60.83-0.30.760.85-0.450.810.17
-0.82-0.82-0.07-0.82-0.81-0.820.380.77-0.810.56-0.81-0.820.010.580.58-0.81-0.470.75-0.82-0.26-0.81-0.75-0.27-0.82-0.53
-0.95-0.92-0.18-0.94-0.96-0.930.610.97-0.970.91-0.95-0.94-0.340.920.95-0.95-0.60.75-0.92-0.55-0.96-0.78-0.38-0.93-0.82
1.01.00.041.00.991.0-0.3-0.980.99-0.90.991.0-0.06-0.7-0.840.990.83-0.82-0.920.20.990.940.041.00.58
0.270.20.370.230.290.21-0.93-0.350.34-0.310.280.250.96-0.82-0.560.28-0.3-0.26-0.550.20.32-0.040.930.230.86
1.00.990.111.01.00.99-0.4-0.991.0-0.921.01.00.07-0.79-0.891.00.76-0.81-0.960.990.320.910.150.990.66
0.920.940.180.930.920.950.01-0.860.9-0.870.90.93-0.27-0.51-0.760.90.85-0.75-0.780.94-0.040.91-0.230.930.29
0.10.040.150.070.120.04-0.95-0.190.17-0.030.130.080.9-0.64-0.290.13-0.45-0.27-0.380.040.930.15-0.230.070.8
1.01.00.051.01.01.0-0.32-0.980.99-0.911.01.0-0.03-0.73-0.851.00.81-0.82-0.931.00.230.990.930.070.6
0.630.580.050.610.640.58-0.94-0.720.68-0.570.660.610.72-0.93-0.720.650.17-0.53-0.820.580.860.660.290.80.6
Click cells to compare fundamentals

J Long Account Relationship Matchups

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in J Long Group Limited. 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.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Distributors 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 J Long. If investors know J Long 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 J Long 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
(0.58)
Earnings Share
0.3
Revenue Per Share
0.938
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0127
The market value of J Long Group is measured differently than its book value, which is the value of J Long that is recorded on the company's balance sheet. Investors also form their own opinion of J Long's value that differs from its market value or its book value, called intrinsic value, which is J Long'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 J Long's market value can be influenced by many factors that don't directly affect J Long'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 J Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if J Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J Long'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.