Jiahe Tax Provision vs Ebitda Analysis

605300 Stock

14.86 0.28 1.92%

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 Tax Provision and its Ebitda 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.

Tax Provision vs Ebitda

Tax Provision vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiahe Foods Industry Tax Provision account and Ebitda. At this time, the significance of the direction appears to have strong relationship.

The correlation between Jiahe Foods' Tax Provision and Ebitda is 0.78. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebitda 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' Tax Provision and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Jiahe Foods Industry are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Tax Provision i.e., Jiahe Foods' Tax Provision and Ebitda go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

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Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Ebitda

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 December 10, 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

Interest Expense Interest Income

Jiahe Foods fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross	Net Debt
Total Assets		-0.93	0.93	0.98	0.97	0.06	0.96	0.99	0.8	0.97	0.93	0.98	0.98	0.91	-0.86	0.95	1.0	1.0	0.93	-0.9	0.97	0.79	0.96	-0.98	0.98	-0.58
Other Current Liab	-0.93		-0.82	-0.94	-0.96	0.29	-0.97	-0.94	-0.9	-0.87	-1.0	-0.87	-0.93	-0.78	0.78	-0.84	-0.94	-0.92	-1.0	0.87	-0.93	-0.7	-0.9	0.93	-0.96	0.74
Total Current Liabilities	0.93	-0.82		0.85	0.84	0.08	0.92	0.88	0.77	0.99	0.8	0.95	0.85	0.76	-0.96	1.0	0.93	0.95	0.8	-0.74	0.82	0.62	0.84	-0.89	0.89	-0.49
Total Stockholder Equity	0.98	-0.94	0.85		0.99	0.05	0.93	0.99	0.77	0.91	0.94	0.94	0.99	0.94	-0.76	0.87	0.98	0.97	0.94	-0.93	1.0	0.84	0.97	-0.97	0.97	-0.6
Retained Earnings	0.97	-0.96	0.84	0.99		-0.03	0.96	0.99	0.79	0.9	0.95	0.91	1.0	0.91	-0.75	0.87	0.98	0.96	0.95	-0.95	0.98	0.85	0.92	-0.94	0.96	-0.61
Accounts Payable	0.06	0.29	0.08	0.05	-0.03		-0.15	0.04	-0.5	0.08	-0.27	0.15	0.05	0.31	0.09	0.08	0.02	0.07	-0.27	0.0	0.05	0.2	0.04	0.01	-0.07	0.6
Cash	0.96	-0.97	0.92	0.93	0.96	-0.15		0.95	0.86	0.95	0.95	0.92	0.95	0.78	-0.86	0.94	0.97	0.96	0.95	-0.85	0.91	0.69	0.87	-0.92	0.95	-0.62
Non Current Assets Total	0.99	-0.94	0.88	0.99	0.99	0.04	0.95		0.79	0.93	0.94	0.94	0.99	0.94	-0.8	0.9	0.99	0.98	0.94	-0.95	0.99	0.85	0.95	-0.97	0.97	-0.61
Non Currrent Assets Other	0.8	-0.9	0.77	0.77	0.79	-0.5	0.86	0.79		0.79	0.9	0.76	0.75	0.59	-0.86	0.78	0.81	0.8	0.9	-0.73	0.75	0.55	0.82	-0.85	0.88	-0.91
Net Receivables	0.97	-0.87	0.99	0.91	0.9	0.08	0.95	0.93	0.79		0.86	0.98	0.91	0.83	-0.94	1.0	0.97	0.98	0.86	-0.8	0.89	0.69	0.9	-0.94	0.94	-0.53
Common Stock Shares Outstanding	0.93	-1.0	0.8	0.94	0.95	-0.27	0.95	0.94	0.9	0.86		0.87	0.92	0.79	-0.77	0.82	0.94	0.92	1.0	-0.86	0.94	0.68	0.91	-0.93	0.96	-0.73
Short Term Investments	0.98	-0.87	0.95	0.94	0.91	0.15	0.92	0.94	0.76	0.98	0.87		0.92	0.88	-0.89	0.96	0.97	0.99	0.87	-0.8	0.93	0.7	0.95	-0.96	0.96	-0.51
Non Current Liabilities Total	0.98	-0.93	0.85	0.99	1.0	0.05	0.95	0.99	0.75	0.91	0.92	0.92		0.93	-0.75	0.88	0.98	0.96	0.92	-0.95	0.98	0.87	0.92	-0.94	0.95	-0.56
Inventory	0.91	-0.78	0.76	0.94	0.91	0.31	0.78	0.94	0.59	0.83	0.79	0.88	0.93		-0.65	0.78	0.89	0.9	0.79	-0.92	0.94	0.91	0.93	-0.91	0.88	-0.47
Other Current Assets	-0.86	0.78	-0.96	-0.76	-0.75	0.09	-0.86	-0.8	-0.86	-0.94	-0.77	-0.89	-0.75	-0.65		-0.95	-0.86	-0.88	-0.77	0.66	-0.73	-0.52	-0.82	0.86	-0.86	0.64
Total Liab	0.95	-0.84	1.0	0.87	0.87	0.08	0.94	0.9	0.78	1.0	0.82	0.96	0.88	0.78	-0.95		0.95	0.96	0.82	-0.77	0.84	0.65	0.86	-0.91	0.91	-0.51
Net Invested Capital	1.0	-0.94	0.93	0.98	0.98	0.02	0.97	0.99	0.81	0.97	0.94	0.97	0.98	0.89	-0.86	0.95		1.0	0.94	-0.89	0.97	0.77	0.95	-0.97	0.98	-0.59
Total Current Assets	1.0	-0.92	0.95	0.97	0.96	0.07	0.96	0.98	0.8	0.98	0.92	0.99	0.96	0.9	-0.88	0.96	1.0		0.92	-0.88	0.96	0.76	0.95	-0.97	0.98	-0.57
Capital Stock	0.93	-1.0	0.8	0.94	0.95	-0.27	0.95	0.94	0.9	0.86	1.0	0.87	0.92	0.79	-0.77	0.82	0.94	0.92		-0.86	0.94	0.68	0.91	-0.93	0.96	-0.73
Non Current Liabilities Other	-0.9	0.87	-0.74	-0.93	-0.95	0.0	-0.85	-0.95	-0.73	-0.8	-0.86	-0.8	-0.95	-0.92	0.66	-0.77	-0.89	-0.88	-0.86		-0.92	-0.96	-0.88	0.88	-0.88	0.65
Net Working Capital	0.97	-0.93	0.82	1.0	0.98	0.05	0.91	0.99	0.75	0.89	0.94	0.93	0.98	0.94	-0.73	0.84	0.97	0.96	0.94	-0.92		0.82	0.96	-0.96	0.97	-0.59
Intangible Assets	0.79	-0.7	0.62	0.84	0.85	0.2	0.69	0.85	0.55	0.69	0.68	0.7	0.87	0.91	-0.52	0.65	0.77	0.76	0.68	-0.96	0.82		0.79	-0.77	0.75	-0.52
Property Plant And Equipment Net	0.96	-0.9	0.84	0.97	0.92	0.04	0.87	0.95	0.82	0.9	0.91	0.95	0.92	0.93	-0.82	0.86	0.95	0.95	0.91	-0.88	0.96	0.79		-0.99	0.98	-0.69
Capital Lease Obligations	-0.98	0.93	-0.89	-0.97	-0.94	0.01	-0.92	-0.97	-0.85	-0.94	-0.93	-0.96	-0.94	-0.91	0.86	-0.91	-0.97	-0.97	-0.93	0.88	-0.96	-0.77	-0.99		-0.99	0.7
Property Plant And Equipment Gross	0.98	-0.96	0.89	0.97	0.96	-0.07	0.95	0.97	0.88	0.94	0.96	0.96	0.95	0.88	-0.86	0.91	0.98	0.98	0.96	-0.88	0.97	0.75	0.98	-0.99		-0.7
Net Debt	-0.58	0.74	-0.49	-0.6	-0.61	0.6	-0.62	-0.61	-0.91	-0.53	-0.73	-0.51	-0.56	-0.47	0.64	-0.51	-0.59	-0.57	-0.73	0.65	-0.59	-0.52	-0.69	0.7	-0.7

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Jiahe Foods Account Relationship Matchups

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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.

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Jiahe Tax Provision vs Ebitda Analysis

Tax Provision vs Ebitda

Tax Provision vs Ebitda Correlation Analysis

Correlation Coefficient

Tax Provision

Ebitda

Jiahe Foods fundamental ratios Correlations

Jiahe Foods Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Jiahe Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Working Capital	+ 1.0	Total Stockholder Equity
Non Current Liabilities Total	+ 1.0	Retained Earnings
Total Liab	+ 1.0	Net Receivables

Capital Stock	- 1.0	Other Current Liab
Common Stock Shares Outstanding	- 1.0	Other Current Liab
Property Plant And Equipment Gross	- 0.99	Capital Lease Obligations
Capital Lease Obligations	- 0.99	Property Plant And Equipment Net
Capital Lease Obligations	- 0.98	Total Assets
Capital Lease Obligations	- 0.97	Total Current Assets