Beijing Good Will vs Capital Lease Obligations Analysis

301276 Stock   20.85  0.03  0.14%   
Beijing Jiaman financial indicator trend analysis is way more than just evaluating Beijing Jiaman Dress prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Jiaman Dress is a good investment. Please check the relationship between Beijing Jiaman Good Will and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Jiaman Dress. 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.

Good Will vs Capital Lease Obligations

Good Will vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Jiaman Dress Good Will account and Capital Lease Obligations. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beijing Jiaman's Good Will and Capital Lease Obligations is -0.34. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Beijing Jiaman Dress, assuming nothing else is changed. The correlation between historical values of Beijing Jiaman's Good Will and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Beijing Jiaman Dress are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Good Will i.e., Beijing Jiaman's Good Will and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Capital Lease Obligations

Beijing Jiaman Dress capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Beijing Jiaman asset purchases. For example, Beijing Jiaman can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Beijing Jiaman control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Beijing Jiaman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Jiaman Dress 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 Beijing Jiaman Dress. 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.
As of December 30, 2024, Tax Provision is expected to decline to about 54.8 M. In addition to that, Selling General Administrative is expected to decline to about 283 M
 2022 2023 2024 (projected)
Interest Expense1.3M1.0M1.1M
Interest Income3.5M6.4M3.9M

Beijing Jiaman fundamental ratios Correlations

-0.850.761.00.960.76-0.830.790.9-0.88-0.560.960.970.810.940.90.781.00.980.960.740.980.670.940.620.95
-0.85-0.98-0.8-0.9-0.970.93-0.65-0.720.840.51-0.71-0.86-0.97-0.96-0.91-0.99-0.8-0.87-0.71-0.98-0.83-0.55-0.8-0.74-0.8
0.76-0.980.710.810.99-0.890.610.68-0.77-0.540.60.80.940.910.821.00.710.820.60.960.770.520.690.710.7
1.0-0.80.710.940.7-0.790.790.9-0.86-0.550.970.960.770.910.880.731.00.960.970.680.970.670.940.580.94
0.96-0.90.810.940.79-0.930.810.86-0.94-0.60.90.920.90.970.950.850.940.930.90.830.920.710.970.740.97
0.76-0.970.990.70.79-0.850.590.67-0.72-0.510.610.780.910.90.820.990.70.80.610.960.760.50.670.640.68
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0.9-0.720.680.90.860.67-0.740.97-0.78-0.850.930.830.660.830.830.680.90.850.930.610.840.890.920.490.92
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0.96-0.710.60.970.90.61-0.690.860.93-0.77-0.630.880.650.830.880.620.970.881.00.590.890.770.940.430.95
0.97-0.860.80.960.920.78-0.850.680.83-0.88-0.460.880.840.950.820.820.961.00.880.741.00.530.860.70.87
0.81-0.970.940.770.90.91-0.980.590.66-0.91-0.450.650.840.960.860.970.770.850.650.950.820.480.790.870.79
0.94-0.960.910.910.970.9-0.960.740.83-0.94-0.570.830.950.960.90.940.910.960.830.890.940.620.890.80.9
0.9-0.910.820.880.950.82-0.850.820.83-0.82-0.630.880.820.860.90.840.880.830.880.880.810.770.940.580.93
0.78-0.991.00.730.850.99-0.920.610.68-0.81-0.520.620.820.970.940.840.730.830.620.970.790.510.720.760.73
1.0-0.80.711.00.940.7-0.790.790.9-0.86-0.550.970.960.770.910.880.730.960.970.680.970.670.940.580.94
0.98-0.870.820.960.930.8-0.860.70.85-0.89-0.490.881.00.850.960.830.830.960.880.751.00.550.870.690.88
0.96-0.710.60.970.90.61-0.690.860.93-0.77-0.631.00.880.650.830.880.620.970.880.590.890.770.940.430.95
0.74-0.980.960.680.830.96-0.890.580.61-0.76-0.470.590.740.950.890.880.970.680.750.590.710.510.710.70.72
0.98-0.830.770.970.920.76-0.830.70.84-0.88-0.470.891.00.820.940.810.790.971.00.890.710.540.870.670.88
0.67-0.550.520.670.710.5-0.590.980.89-0.6-0.950.770.530.480.620.770.510.670.550.770.510.540.820.310.82
0.94-0.80.690.940.970.67-0.850.890.92-0.9-0.70.940.860.790.890.940.720.940.870.940.710.870.820.641.0
0.62-0.740.710.580.740.64-0.910.420.49-0.9-0.340.430.70.870.80.580.760.580.690.430.70.670.310.640.64
0.95-0.80.70.940.970.68-0.850.890.92-0.9-0.70.950.870.790.90.930.730.940.880.950.720.880.821.00.64
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Beijing Jiaman Account Relationship Matchups

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Other Information on Investing in Beijing Stock

Balance Sheet is a snapshot of the financial position of Beijing Jiaman Dress at a specified time, usually calculated after every quarter, six months, or one year. Beijing Jiaman Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Jiaman 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.