Beijing Total Current Assets vs Good Will Analysis

301276 Stock   21.83  0.38  1.77%   
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 Total Current Assets and its Good Will 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.

Total Current Assets vs Good Will

Total Current Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Jiaman Dress Total Current Assets account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beijing Jiaman's Total Current Assets and Good Will is -0.49. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Good Will 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 Total Current Assets and Good Will 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 Current Assets of Beijing Jiaman Dress are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Assets i.e., Beijing Jiaman's Total Current Assets and Good Will go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.
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 21, 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
-0.830.93-0.89-0.79-0.93-0.85-0.69-0.740.970.57-0.69-0.85-0.98-0.96-0.85-0.92-0.79-0.86-0.69-0.89-0.83-0.59-0.85-0.91-0.85
0.79-0.650.610.790.810.59-0.690.97-0.71-0.930.860.680.590.740.820.610.790.70.860.580.70.980.890.420.89
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
-0.880.84-0.77-0.86-0.94-0.720.97-0.71-0.780.56-0.77-0.88-0.91-0.94-0.82-0.81-0.86-0.89-0.77-0.76-0.88-0.6-0.9-0.9-0.9
-0.560.51-0.54-0.55-0.6-0.510.57-0.93-0.850.56-0.63-0.46-0.45-0.57-0.63-0.52-0.55-0.49-0.63-0.47-0.47-0.95-0.7-0.34-0.7
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.