002459 Stock | | | 15.45 0.43 2.71% |
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 Total Current Liabilities 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
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Short Term Debt vs Total Current Liabilities
Short Term Debt vs Total Current Liabilities 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
Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between JA Solar's Short Term Debt and Total Current Liabilities is 0.89. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., JA Solar's Short Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Debt
Total Current Liabilities
Total Current Liabilities is an item on JA Solar balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of JA Solar Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 1.5
B. The current year's
Tax Provision is expected to grow to about 893
MJA Solar fundamental ratios Correlations
Click cells to compare fundamentals
JA Solar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JA Solar fundamental ratios Accounts
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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.