300818 Stock | | | 28.40 0.36 1.25% |
Jiangxi Naipu financial indicator trend analysis is infinitely more than just investigating Jiangxi Naipu Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Naipu Mining is a good investment. Please check the relationship between Jiangxi Naipu Cash and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Naipu Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangxi Naipu Mining Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangxi Naipu's Cash and Common Stock Shares Outstanding is 0.81. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Jiangxi Naipu Mining, assuming nothing else is changed. The correlation between historical values of Jiangxi Naipu's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Jiangxi Naipu Mining are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Jiangxi Naipu's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Jiangxi Naipu Mining, which is listed under current asset account on Jiangxi Naipu Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jiangxi Naipu customers. The amounts must be unrestricted with restricted cash listed in a different Jiangxi Naipu 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.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Jiangxi Naipu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Naipu Mining 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 Jiangxi Naipu Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of November 29, 2024,
Tax Provision is expected to decline to about 17.2
M. In addition to that,
Selling General Administrative is expected to decline to about 58.6
MJiangxi Naipu fundamental ratios Correlations
Click cells to compare fundamentals
Jiangxi Naipu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangxi Naipu fundamental ratios Accounts
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Other Information on Investing in Jiangxi Stock
Balance Sheet is a snapshot of the
financial position of Jiangxi Naipu Mining at a specified time, usually calculated after every quarter, six months, or one year. Jiangxi Naipu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangxi Naipu 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 Jiangxi currently owns. An asset can also be divided into two categories, current and non-current.