Jiujiang Accounts Payable vs Non Current Liabilities Total Analysis
301190 Stock | 15.67 0.31 1.94% |
Jiujiang Shanshui financial indicator trend analysis is infinitely more than just investigating Jiujiang Shanshui recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiujiang Shanshui is a good investment. Please check the relationship between Jiujiang Shanshui Accounts Payable and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiujiang Shanshui 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.
Accounts Payable vs Non Current Liabilities Total
Accounts Payable vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiujiang Shanshui Accounts Payable account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jiujiang Shanshui's Accounts Payable and Non Current Liabilities Total is -0.16. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Jiujiang Shanshui Technology, assuming nothing else is changed. The correlation between historical values of Jiujiang Shanshui's Accounts Payable and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Jiujiang Shanshui Technology are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Accounts Payable i.e., Jiujiang Shanshui's Accounts Payable and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Jiujiang Shanshui obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Jiujiang Shanshui are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Non Current Liabilities Total
Most indicators from Jiujiang Shanshui's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiujiang Shanshui 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 Jiujiang Shanshui 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 Tax Provision is expected to grow to about 16.2 M. The current year's Selling General Administrative is expected to grow to about 24.5 M
2022 | 2023 | 2024 (projected) | Interest Expense | 1.9M | 1.9M | 1.4M | Interest Income | 26.0M | 36.9M | 38.7M |
Jiujiang Shanshui fundamental ratios Correlations
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Jiujiang Shanshui Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Jiujiang Shanshui at a specified time, usually calculated after every quarter, six months, or one year. Jiujiang Shanshui Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiujiang Shanshui 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 Jiujiang currently owns. An asset can also be divided into two categories, current and non-current.