002459 Short Term Debt vs Cash Analysis

002459 Stock   13.35  0.08  0.60%   
JA Solar financial indicator trend analysis is infinitely more than just investigating JA Solar Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JA Solar Technology is a good investment. Please check the relationship between JA Solar Short Term Debt and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in JA Solar Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Short Term Debt vs Cash

Short Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JA Solar Technology Short Term Debt account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JA Solar's Short Term Debt and Cash is 0.93. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of JA Solar Technology, assuming nothing else is changed. The correlation between historical values of JA Solar's Short Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of JA Solar Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Term Debt i.e., JA Solar's Short Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Debt

Cash

Cash refers to the most liquid asset of JA Solar Technology, which is listed under current asset account on JA Solar Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from JA Solar customers. The amounts must be unrestricted with restricted cash listed in a different JA Solar 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.
Most indicators from JA Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JA Solar Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in JA Solar Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 1.8 B. The current year's Tax Provision is expected to grow to about 1 B
 2022 2023 2024 2025 (projected)
Total Operating Expenses65.9B71.3B82.0B86.1B
Research Development1.0B1.1B1.3B1.4B

JA Solar fundamental ratios Correlations

0.10.981.00.980.990.980.980.920.980.981.01.00.70.940.930.880.970.130.70.570.98-0.690.190.871.0
0.10.190.120.080.110.220.260.330.190.170.10.060.340.370.39-0.180.26-0.550.590.560.21-0.530.650.40.04
0.980.190.970.980.990.960.980.970.991.00.980.970.790.980.950.90.980.00.760.681.0-0.780.260.880.98
1.00.120.970.980.990.970.980.920.980.980.990.990.710.940.920.870.980.150.690.580.98-0.690.170.870.99
0.980.080.980.980.990.940.970.940.990.990.980.980.770.950.90.920.980.150.650.590.98-0.70.10.820.99
0.990.110.990.990.990.960.980.940.990.990.990.990.740.950.930.90.980.120.70.60.99-0.710.160.840.99
0.980.220.960.970.940.960.950.910.950.960.980.980.690.940.950.80.96-0.010.80.630.97-0.750.360.930.96
0.980.260.980.980.970.980.950.950.990.980.970.960.750.960.960.840.990.110.720.620.98-0.720.190.850.97
0.920.330.970.920.940.940.910.950.960.960.920.920.870.990.930.860.96-0.110.80.780.97-0.860.340.890.92
0.980.190.990.980.990.990.950.990.960.990.970.970.80.970.940.880.990.080.710.640.99-0.740.170.850.98
0.980.171.00.980.990.990.960.980.960.990.980.970.780.970.950.890.980.020.740.651.0-0.750.230.850.98
1.00.10.980.990.980.990.980.970.920.970.981.00.690.930.930.880.960.110.710.570.98-0.690.220.871.0
1.00.060.970.990.980.990.980.960.920.970.971.00.70.930.90.90.960.130.690.580.97-0.70.190.881.0
0.70.340.790.710.770.740.690.750.870.80.780.690.70.850.710.720.8-0.30.670.780.81-0.770.230.70.69
0.940.370.980.940.950.950.940.960.990.970.970.930.930.850.950.830.98-0.110.830.780.98-0.870.360.910.92
0.930.390.950.920.90.930.950.960.930.940.950.930.90.710.950.740.94-0.10.820.650.95-0.750.390.860.91
0.88-0.180.90.870.920.90.80.840.860.880.890.880.90.720.830.740.830.170.50.530.88-0.620.010.70.91
0.970.260.980.980.980.980.960.990.960.990.980.960.960.80.980.940.830.050.750.670.99-0.770.220.880.96
0.13-0.550.00.150.150.12-0.010.11-0.110.080.020.110.13-0.3-0.11-0.10.170.05-0.51-0.53-0.010.45-0.78-0.220.17
0.70.590.760.690.650.70.80.720.80.710.740.710.690.670.830.820.50.75-0.510.870.77-0.910.770.890.66
0.570.560.680.580.590.60.630.620.780.640.650.570.580.780.780.650.530.67-0.530.870.69-0.950.650.80.55
0.980.211.00.980.980.990.970.980.970.991.00.980.970.810.980.950.880.99-0.010.770.69-0.790.260.890.97
-0.69-0.53-0.78-0.69-0.7-0.71-0.75-0.72-0.86-0.74-0.75-0.69-0.7-0.77-0.87-0.75-0.62-0.770.45-0.91-0.95-0.79-0.67-0.9-0.67
0.190.650.260.170.10.160.360.190.340.170.230.220.190.230.360.390.010.22-0.780.770.650.26-0.670.590.14
0.870.40.880.870.820.840.930.850.890.850.850.870.880.70.910.860.70.88-0.220.890.80.89-0.90.590.84
1.00.040.980.990.990.990.960.970.920.980.981.01.00.690.920.910.910.960.170.660.550.97-0.670.140.84
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JA Solar Account Relationship Matchups

JA Solar fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets37.3B57.0B72.3B106.6B122.6B128.7B
Other Current Liab3.4B9.3B11.7B228.5M262.8M249.6M
Total Current Liabilities18.6B32.7B35.0B50.3B57.8B60.7B
Total Stockholder Equity14.7B16.5B27.5B35.1B40.4B42.4B
Retained Earnings4.3B6.1B11.3B17.1B19.6B20.6B
Accounts Payable9.0B13.6B18.6B27.4B31.5B33.1B
Cash9.5B13.2B12.2B16.0B18.4B19.3B
Other Assets1.4B1.5B4.1B6.7B7.7B8.0B
Net Receivables3.5B6.9B8.3B9.2B10.5B11.1B
Inventory5.0B8.0B11.9B14.5B16.6B17.5B
Other Current Assets1.8B3.6B3.7B5.5B6.3B6.7B
Total Liab22.5B40.2B42.2B68.6B78.9B82.8B
Intangible Assets921.3M1.0B1.4B2.3B2.6B2.7B
Common Stock1.3B1.6B1.6B2.4B2.7B2.8B
Property Plant Equipment11.4B13.2B19.6B25.4B29.2B30.6B
Other Liab1.0B1.3B5.6B4.7B5.4B5.7B
Long Term Debt777.6M1.3B1.8B9.8B11.3B11.9B
Net Tangible Assets7.2B13.7B15.4B26.1B30.1B31.6B
Other Stockholder Equity(47.7M)(90.5M)(137.0M)5.8M5.2M5.4M
Deferred Long Term Liab292.5M414.4M587.5M376.3M432.7M310.2M
Total Current Assets21.5B31.6B38.2B49.1B56.5B59.3B
Short Long Term Debt4.6B7.6B1.8B978.6M1.1B1.1B
Non Current Assets Total15.8B25.3B34.2B57.5B66.1B69.4B
Non Currrent Assets Other165.7M2.6B5.4B4.3B4.9B5.2B
Non Current Liabilities Total3.9B7.6B7.2B18.3B21.1B22.1B
Non Current Liabilities Other927.7M2.7B1.4B1.6B1.8B1.0B
Common Stock Shares Outstanding1.6B1.6B2.4B3.3B3.8B4.0B
Net Invested Capital20.1B25.4B31.1B45.9B52.8B55.5B
Net Working Capital2.9B(1.0B)3.2B(1.1B)(1.0B)(969.6M)
Capital Stock1.6B1.6B2.4B3.3B3.8B1.9B
Property Plant And Equipment Net13.2B19.6B25.4B48.2B55.4B58.2B
Property Plant And Equipment Gross19.8B27.4B32.8B58.3B67.1B34.4B

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Other Information on Investing in 002459 Stock

Balance Sheet is a snapshot of the financial position of JA Solar Technology at a specified time, usually calculated after every quarter, six months, or one year. JA Solar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JA Solar 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 002459 currently owns. An asset can also be divided into two categories, current and non-current.