603816 Stock | | | 29.05 0.16 0.55% |
Jason Furniture financial indicator trend analysis is infinitely more than just investigating Jason Furniture recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jason Furniture is a good investment. Please check the relationship between Jason Furniture Reconciled Depreciation and its Research Development accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jason Furniture. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jason Furniture Reconciled Depreciation account and
Research Development. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jason Furniture's Reconciled Depreciation and Research Development is 0.87. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Research Development in the same time period over historical financial statements of Jason Furniture, assuming nothing else is changed. The correlation between historical values of Jason Furniture's Reconciled Depreciation and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Jason Furniture are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Reconciled Depreciation i.e., Jason Furniture's Reconciled Depreciation and Research Development go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Jason Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jason Furniture 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 Jason Furniture. 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 December 18, 2024,
Selling General Administrative is expected to decline to about 1.6
B. In addition to that,
Tax Provision is expected to decline to about 346.1
MBalance Sheet is a snapshot of the
financial position of Jason Furniture at a specified time, usually calculated after every quarter, six months, or one year. Jason Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jason Furniture 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 Jason currently owns. An asset can also be divided into two categories, current and non-current.