600872 Stock | | | 23.53 1.65 7.54% |
Jonjee Hi-tech financial indicator trend analysis is infinitely more than just investigating Jonjee Hi tech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jonjee Hi tech is a good investment. Please check the relationship between Jonjee Hi-tech Long Term Investments and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jonjee Hi tech Industrial. 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.
Long Term Investments vs Total Current Assets
Long Term Investments vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jonjee Hi tech Long Term Investments account and
Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Jonjee Hi-tech's Long Term Investments and Total Current Assets is -0.92. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Jonjee Hi tech Industrial, assuming nothing else is changed. The correlation between historical values of Jonjee Hi-tech's Long Term Investments and Total Current 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 Long Term Investments of Jonjee Hi tech Industrial are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Investments i.e., Jonjee Hi-tech's Long Term Investments and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of Jonjee Hi-tech balance sheet that represents investments Jonjee Hi tech intends to hold for over a year. Jonjee Hi tech Industrial long term investments may include different instruments such as stocks, bonds, real estate and cash.
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.
Most indicators from Jonjee Hi-tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jonjee Hi tech 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 Jonjee Hi tech Industrial. 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
Selling General Administrative is expected to grow to about 339
M. The current year's
Tax Provision is expected to grow to about 81.8
MJonjee Hi-tech fundamental ratios Correlations
Click cells to compare fundamentals
Jonjee Hi-tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jonjee Hi-tech fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jonjee Stock
Balance Sheet is a snapshot of the
financial position of Jonjee Hi tech at a specified time, usually calculated after every quarter, six months, or one year. Jonjee Hi-tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jonjee Hi-tech 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 Jonjee currently owns. An asset can also be divided into two categories, current and non-current.