Jerash Holdings Financials

JRSH Stock  USD 3.44  0.07  2.08%   
Based on the key indicators related to Jerash Holdings' liquidity, profitability, solvency, and operating efficiency, Jerash Holdings is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. As of now, Jerash Holdings' Cash And Short Term Investments are increasing as compared to previous years. The Jerash Holdings' current Net Receivables is estimated to increase to about 6.4 M, while Total Assets are projected to decrease to under 62.9 M. Key indicators impacting Jerash Holdings' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.01450.0125
Fairly Up
Slightly volatile
Current Ratio3.253.4454
Notably Down
Slightly volatile
The financial analysis of Jerash Holdings is a critical element in measuring its lifeblood. Investors should not minimize Jerash Holdings' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(1.91 Million)

  
Understanding current and past Jerash Holdings Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Jerash Holdings' financial statements are interrelated, with each one affecting the others. For example, an increase in Jerash Holdings' assets may result in an increase in income on the income statement.

Jerash Holdings Earnings Geography

Jerash Holdings Stock Summary

Jerash Holdings competes with Vince Holding, Oxford Industries, Gildan Activewear, Columbia Sportswear, and Kontoor Brands. Jerash Holdings , Inc., through its subsidiaries, manufactures and exports customized and readymade sport and outerwear. The company was incorporated in 2016 and is headquartered in Fairfield, New Jersey. Jerash Holdings operates under Apparel Manufacturing classification in the United States and is traded on NASDAQ Exchange. It employs 5600 people.
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS47632P1012
CUSIP47632P101
LocationNew York; U.S.A
Business Address277 Fairfield Road,
SectorTextiles, Apparel & Luxury Goods
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.jerashholdings.com
Phone201 285 7973
CurrencyUSD - US Dollar

Jerash Holdings Key Financial Ratios

Jerash Holdings Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets67.5M73.3M85.3M83.7M80.2M62.9M
Other Current Liab4.3M4.1M5.7M4.4M6.4M4.0M
Net Tangible Assets54.4M56.4M68.8M67.7M77.9M46.0M
Net Debt(25.3M)(19.2M)(23.6M)(17.0M)(11.4M)(12.0M)
Retained Earnings39.0M40.7M46.3M46.2M41.7M35.4M
Accounts Payable6.4M7.9M4.8M5.8M6.3M5.3M
Cash26.1M21.1M25.2M17.8M12.4M16.3M
Other Assets1.2M1.3M2.2M1.01.151.09
Net Receivables5.3M12.4M11.4M2.3M5.4M6.4M
Capital Surpluse15.0M15.2M15.6M23.3M26.8M28.2M
Inventory22.6M25.0M28.3M32.7M27.2M24.9M
Other Current Assets2.8M5.4M4.5M4.5M5.8M3.4M
Total Liab12.7M16.6M16.0M15.5M15.8M14.1M
Total Current Assets59.0M64.7M69.9M57.3M50.9M50.8M
Other Liab1.4M1.2M1.1M1.0M901.7K962.3K
Net Invested Capital54.4M57.0M69.3M68.2M64.4M62.7M
Net Working Capital48.1M50.1M55.7M42.8M36.1M48.7M
Short Term Debt210.3K1.0M739.1K481.5K370.8K507.8K

Jerash Holdings Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense2.0M109.6K44.7K768.1K1.2M1.3M
Total Revenue93.0M90.2M143.4M138.1M117.2M98.3M
Gross Profit18.0M16.0M27.3M21.8M16.9M19.0M
Operating Income5.7M5.4M10.5M4.4M(665.0K)(631.7K)
Ebit5.7M5.4M10.5M4.9M(165.8K)(157.5K)
Ebitda7.7M7.9M13.4M8.3M3.1M3.0M
Cost Of Revenue75.0M74.2M116.0M116.3M100.3M79.3M
Income Before Tax7.6M5.5M10.4M4.1M(1.4M)(1.3M)
Net Income6.5M4.1M7.9M2.4M(2.0M)(1.9M)
Income Tax Expense1.2M1.3M2.5M1.7M672.5K1.1M
Minority Interest303.2K302.1K2.5K0.036.0K34.2K
Tax Provision1.2M1.3M2.5M1.7M672.5K1.1M

Jerash Holdings Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(1.6M)(2.4M)(3.2M)(4.4M)5.4M5.7M
Change In Cash(1.7M)(4.1M)3.7M(7.2M)(5.4M)(5.1M)
Net Borrowings(648.7K)612.5K(614.5K)(300.2K)(270.1K)(256.6K)
Free Cash Flow2.2M(2.4M)3.9M5.0M(2.4M)(2.2M)
Depreciation2.0M2.6M3.0M3.4M3.3M2.2M
Other Non Cash Items58.6M8.6M203.9B(198.7K)(223.8K)(212.6K)
Capital Expenditures4.7M890.5K5.1M5.8M1.2M1.2M
Net Income6.5M4.1M7.9M2.4M(2.0M)(1.9M)
End Period Cash Flow26.1M22.9M26.6M19.4M12.4M16.8M
Change To Netincome284.9K(59.7K)1.2M612.6K704.5K683.3K
Investments(4.9M)124.9K(8.7M)(2.2M)(5.1M)(4.9M)
Change Receivables1.3M(1.3M)(6.7M)8.7M10.0M10.5M

Jerash Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Jerash Holdings's current stock value. Our valuation model uses many indicators to compare Jerash Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Jerash Holdings competition to find correlations between indicators driving Jerash Holdings's intrinsic value. More Info.
Jerash Holdings is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . As of now, Jerash Holdings' Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Jerash Holdings' earnings, one of the primary drivers of an investment's value.

Jerash Holdings' Earnings Breakdown by Geography

Jerash Holdings Systematic Risk

Jerash Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Jerash Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Jerash Holdings correlated with the market. If Beta is less than 0 Jerash Holdings generally moves in the opposite direction as compared to the market. If Jerash Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Jerash Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Jerash Holdings is generally in the same direction as the market. If Beta > 1 Jerash Holdings moves generally in the same direction as, but more than the movement of the benchmark.

Jerash Holdings Thematic Clasifications

Jerash Holdings is part of Apparel investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Apparel industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
ApparelView
This theme covers USA Equities from Apparel industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Jerash Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Jerash Holdings' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Jerash Holdings growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.11

As of now, Jerash Holdings' Price Earnings To Growth Ratio is decreasing as compared to previous years.

Jerash Holdings November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Jerash Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Jerash Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Jerash Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Jerash Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Jerash Holdings's daily price indicators and compare them against related drivers.

Complementary Tools for Jerash Stock analysis

When running Jerash Holdings' price analysis, check to measure Jerash Holdings' 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 Jerash Holdings is operating at the current time. Most of Jerash Holdings' value examination focuses on studying past and present price action to predict the probability of Jerash Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jerash Holdings' price. Additionally, you may evaluate how the addition of Jerash Holdings to your portfolios can decrease your overall portfolio volatility.
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