Jiangxi Cash vs Other Assets Analysis

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 Other Assets 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 Other Assets

Cash vs Other Assets 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 Other Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangxi Naipu's Cash and Other Assets is 0.8. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Assets 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 Other Assets 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 Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash i.e., Jiangxi Naipu's Cash and Other Assets go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Other Assets

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 M
 2021 2022 2023 2024 (projected)
Gross Profit321.4M245.4M341.9M220.5M
Total Revenue1.1B748.5M937.8M587.7M

Jiangxi Naipu fundamental ratios Correlations

0.310.890.990.710.990.950.870.960.980.730.740.030.910.940.480.840.99-0.620.99-0.80.960.990.880.840.87
0.310.60.220.570.210.11-0.010.530.110.640.64-0.430.090.020.96-0.160.4-0.40.45-0.290.120.33-0.02-0.150.03
0.890.60.840.610.840.750.720.960.790.70.68-0.050.690.730.730.60.92-0.550.93-0.660.760.920.710.60.81
0.990.220.840.661.00.980.90.920.990.670.690.00.920.980.390.870.96-0.630.96-0.830.960.970.90.870.88
0.710.570.610.660.630.580.440.740.60.980.99-0.080.740.530.690.480.75-0.60.77-0.620.710.70.470.480.32
0.990.210.841.00.630.970.880.920.990.650.660.020.890.970.380.850.96-0.620.96-0.810.960.970.880.840.9
0.950.110.750.980.580.970.910.860.980.570.6-0.090.890.990.280.880.9-0.650.9-0.860.920.910.910.870.85
0.87-0.010.720.90.440.880.910.780.90.450.470.10.90.910.210.960.83-0.510.82-0.750.850.861.00.960.88
0.960.530.960.920.740.920.860.780.880.80.8-0.10.820.830.690.70.97-0.680.99-0.790.870.970.790.70.81
0.980.110.790.990.60.990.980.90.880.610.620.10.920.990.290.90.94-0.550.93-0.770.970.950.910.890.9
0.730.640.70.670.980.650.570.450.80.610.99-0.110.720.530.770.460.78-0.640.8-0.650.710.740.480.470.38
0.740.640.680.690.990.660.60.470.80.620.99-0.140.740.550.760.480.78-0.640.81-0.660.710.730.50.480.36
0.03-0.43-0.050.0-0.080.02-0.090.1-0.10.1-0.11-0.140.180.06-0.390.260.070.53-0.020.390.210.10.130.270.22
0.910.090.690.920.740.890.890.90.820.920.720.740.180.90.310.940.89-0.560.88-0.760.950.90.920.950.76
0.940.020.730.980.530.970.990.910.830.990.530.550.060.90.190.910.89-0.570.88-0.790.950.910.910.90.89
0.480.960.730.390.690.380.280.210.690.290.770.76-0.390.310.190.070.56-0.540.61-0.460.310.510.220.080.21
0.84-0.160.60.870.480.850.880.960.70.90.460.480.260.940.910.070.79-0.440.77-0.690.890.830.971.00.82
0.990.40.920.960.750.960.90.830.970.940.780.780.070.890.890.560.79-0.581.0-0.750.950.990.830.790.85
-0.62-0.4-0.55-0.63-0.6-0.62-0.65-0.51-0.68-0.55-0.64-0.640.53-0.56-0.57-0.54-0.44-0.58-0.640.94-0.55-0.6-0.53-0.44-0.42
0.990.450.930.960.770.960.90.820.990.930.80.81-0.020.880.880.610.771.0-0.64-0.790.930.990.830.770.83
-0.8-0.29-0.66-0.83-0.62-0.81-0.86-0.75-0.79-0.77-0.65-0.660.39-0.76-0.79-0.46-0.69-0.750.94-0.79-0.74-0.77-0.76-0.69-0.63
0.960.120.760.960.710.960.920.850.870.970.710.710.210.950.950.310.890.95-0.550.93-0.740.960.870.890.85
0.990.330.920.970.70.970.910.860.970.950.740.730.10.90.910.510.830.99-0.60.99-0.770.960.870.830.9
0.88-0.020.710.90.470.880.911.00.790.910.480.50.130.920.910.220.970.83-0.530.83-0.760.870.870.980.88
0.84-0.150.60.870.480.840.870.960.70.890.470.480.270.950.90.081.00.79-0.440.77-0.690.890.830.980.83
0.870.030.810.880.320.90.850.880.810.90.380.360.220.760.890.210.820.85-0.420.83-0.630.850.90.880.83
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Jiangxi Naipu Account Relationship Matchups

Jiangxi Naipu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets612.7M1.7B1.9B2.1B2.4B1.4B
Other Current Liab14.8M517.6M44.9M80.3M13.0M12.3M
Total Current Liabilities93.6M642.4M260.1M463.1M615.8M341.4M
Total Stockholder Equity512.1M874.6M1.1B1.3B1.3B858.0M
Other Liab1.7M193.4M235.4M49.3M56.7M76.4M
Net Tangible Assets492.5M835.8M1.0B1.2B1.4B733.5M
Retained Earnings426.4M453.0M632.3M766.6M728.6M536.9M
Accounts Payable55.1M96.0M171.0M286.6M300.7M315.7M
Cash202.6M717.7M483.9M539.1M715.1M426.5M
Non Current Assets Total221.8M448.0M794.5M921.9M1.0B534.1M
Non Currrent Assets Other4.3M101.9M97.4M15.5M41.8M37.6M
Other Assets6.8M105.0M104.9M31.2M35.9M42.2M
Net Receivables86.9M101.0M150.6M120.3M164.7M138.7M
Non Current Liabilities Total1.7M193.4M545.0M358.9M427.4M448.7M
Inventory95.1M107.8M202.4M241.0M252.7M155.2M
Other Current Assets5.2M288.9M40.4M30.1M41.6M59.0M
Other Stockholder Equity1.1M(1.6M)98.8M101.2M116.3M122.2M
Total Liab95.3M835.8M805.1M822.0M1.0B552.2M
Short Long Term Debt19.8M20M34M50M35M34.7M
Total Current Assets390.9M1.3B1.1B1.2B1.4B880.9M
Intangible Assets19.5M38.7M69.5M54.8M74.2M43.0M
Property Plant Equipment187.2M295.7M579.8M797.7M917.3M963.2M
Net Invested Capital531.9M894.6M1.5B1.6B1.7B1.1B
Net Working Capital297.3M625.5M864.3M705.1M756.8M585.1M
Deferred Long Term Liab648.9K635.8K1.1M4.0M4.6M4.8M

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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.