002459 Total Assets vs Total Current Liabilities Analysis

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 Total Assets 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 signals in nation.

Total Assets vs Total Current Liabilities

Total Assets 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 Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JA Solar's Total Assets and Total Current Liabilities is 0.97. Overlapping area represents the amount of variation of Total Assets 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 Total Assets 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 Total Assets 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 Total Assets i.e., JA Solar's Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of JA Solar assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in JA Solar Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 M
 2021 2022 2023 2024 (projected)
Total Operating Expenses37.6B65.9B71.3B74.9B
Research Development574.4M1.0B1.1B1.2B

JA Solar fundamental ratios Correlations

0.260.970.990.970.990.970.980.890.970.971.01.00.680.940.940.820.980.040.720.570.97-0.70.280.891.0
0.260.360.280.230.260.370.350.50.350.330.250.20.40.460.48-0.090.35-0.530.650.630.38-0.60.650.470.19
0.970.360.960.980.990.950.970.960.991.00.970.960.80.990.960.850.98-0.130.790.71.0-0.810.360.890.96
0.990.280.960.980.990.970.980.890.980.960.990.990.690.940.920.80.990.060.710.570.97-0.70.240.880.99
0.970.230.980.980.990.920.980.920.990.980.970.970.780.960.910.880.990.050.660.60.98-0.70.170.830.98
0.990.260.990.990.990.950.990.920.990.990.980.980.740.960.940.840.990.010.720.60.99-0.720.240.860.99
0.970.370.950.970.920.950.930.880.930.950.980.970.660.930.950.710.95-0.130.820.630.96-0.750.460.940.95
0.980.350.970.980.980.990.930.930.990.980.970.960.730.960.960.80.980.050.70.590.98-0.70.220.840.97
0.890.50.960.890.920.920.880.930.950.950.890.880.870.990.920.810.93-0.250.820.810.96-0.880.430.890.88
0.970.350.990.980.990.990.930.990.950.990.960.960.80.980.950.820.99-0.030.730.650.99-0.750.250.850.97
0.970.331.00.960.980.990.950.980.950.990.970.960.780.980.960.840.98-0.10.770.660.99-0.760.320.870.97
1.00.250.970.990.970.980.980.970.890.960.970.990.670.940.940.820.960.010.730.570.97-0.70.310.890.99
1.00.20.960.990.970.980.970.960.880.960.960.990.680.930.910.840.970.040.710.580.96-0.710.280.90.99
0.680.40.80.690.780.740.660.730.870.80.780.670.680.840.690.730.79-0.360.650.760.81-0.760.240.680.68
0.940.460.990.940.960.960.930.960.990.980.980.940.930.840.940.810.98-0.190.820.770.99-0.860.40.910.93
0.940.480.960.920.910.940.950.960.920.950.960.940.910.690.940.70.93-0.170.810.630.96-0.730.430.850.92
0.82-0.090.850.80.880.840.710.80.810.820.840.820.840.730.810.70.80.070.480.520.82-0.620.050.680.86
0.980.350.980.990.990.990.950.980.930.990.980.960.970.790.980.930.8-0.020.740.650.99-0.750.250.880.97
0.04-0.53-0.130.060.050.01-0.130.05-0.25-0.03-0.10.010.04-0.36-0.19-0.170.07-0.02-0.58-0.6-0.130.52-0.79-0.280.08
0.720.650.790.710.660.720.820.70.820.730.770.730.710.650.820.810.480.74-0.580.870.8-0.90.80.890.68
0.570.630.70.570.60.60.630.590.810.650.660.570.580.760.770.630.520.65-0.60.870.71-0.950.680.790.54
0.970.381.00.970.980.990.960.980.960.990.990.970.960.810.990.960.820.99-0.130.80.71-0.810.350.90.96
-0.7-0.6-0.81-0.7-0.7-0.72-0.75-0.7-0.88-0.75-0.76-0.7-0.71-0.76-0.86-0.73-0.62-0.750.52-0.9-0.95-0.81-0.7-0.89-0.67
0.280.650.360.240.170.240.460.220.430.250.320.310.280.240.40.430.050.25-0.790.80.680.35-0.70.620.22
0.890.470.890.880.830.860.940.840.890.850.870.890.90.680.910.850.680.88-0.280.890.790.9-0.890.620.86
1.00.190.960.990.980.990.950.970.880.970.970.990.990.680.930.920.860.970.080.680.540.96-0.670.220.86
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JA Solar Account Relationship Matchups

JA Solar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.5B37.3B57.0B72.3B106.6B111.9B
Other Current Liab3.8B3.4B9.3B11.7B228.5M217.1M
Total Current Liabilities15.1B18.6B32.7B35.0B50.3B52.8B
Total Stockholder Equity8.0B14.7B16.5B27.5B35.1B36.9B
Retained Earnings2.8B4.3B6.1B11.3B17.1B17.9B
Accounts Payable4.5B9.0B13.6B18.6B27.4B28.8B
Cash5.7B9.5B13.2B12.2B16.0B16.8B
Other Assets1.4B1.5B4.1B6.7B7.7B8.0B
Net Receivables5.2B3.5B6.9B8.3B9.2B9.6B
Inventory2.8B5.0B8.0B11.9B14.5B15.2B
Other Current Assets1.1B1.8B3.6B3.7B5.5B5.8B
Total Liab20.2B22.5B40.2B42.2B68.6B72.0B
Intangible Assets760.1M921.3M1.0B1.4B2.3B2.4B
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 Debt3.9B777.6M1.3B1.8B9.8B10.3B
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 Assets14.8B21.5B31.6B38.2B49.1B51.6B
Short Long Term Debt4.8B4.6B7.6B1.8B978.6M929.7M
Non Current Assets Total13.7B15.8B25.3B34.2B57.5B60.3B
Non Currrent Assets Other88.0M165.7M2.6B5.4B4.3B4.5B
Non Current Liabilities Total5.1B3.9B7.6B7.2B18.3B19.2B
Non Current Liabilities Other787.4M927.7M2.7B1.4B1.6B1.0B
Common Stock Shares Outstanding1.3B1.6B1.6B2.4B3.3B1.7B
Net Invested Capital15.3B20.1B25.4B31.1B45.9B48.2B
Net Working Capital(260.8M)2.9B(1.0B)3.2B(1.1B)(1.1B)
Capital Stock1.3B1.6B1.6B2.4B3.3B1.9B

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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.