Jiahe Intangible Assets vs Capital Stock Analysis
605300 Stock | 16.01 1.46 10.03% |
Jiahe Foods financial indicator trend analysis is infinitely more than just investigating Jiahe Foods Industry recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiahe Foods Industry is a good investment. Please check the relationship between Jiahe Foods Intangible Assets and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiahe Foods Industry. 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.
Intangible Assets vs Capital Stock
Intangible Assets vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiahe Foods Industry Intangible Assets account and Capital Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiahe Foods' Intangible Assets and Capital Stock is 0.68. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Jiahe Foods Industry, assuming nothing else is changed. The correlation between historical values of Jiahe Foods' Intangible Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Jiahe Foods Industry are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Intangible Assets i.e., Jiahe Foods' Intangible Assets and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Jiahe Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiahe Foods Industry 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 Jiahe Foods Industry. 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 November 30, 2024, Tax Provision is expected to decline to about 53 M. In addition to that, Selling General Administrative is expected to decline to about 81.4 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 770.2K | 3.4M | 10.7M | 11.3M | Interest Income | 5.3M | 5.8M | 15.9M | 16.7M |
Jiahe Foods fundamental ratios Correlations
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Jiahe Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Jiahe Stock
Balance Sheet is a snapshot of the financial position of Jiahe Foods Industry at a specified time, usually calculated after every quarter, six months, or one year. Jiahe Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiahe Foods 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 Jiahe currently owns. An asset can also be divided into two categories, current and non-current.