Jilin Interest Expense vs Gross Profit Analysis

688378 Stock

21.83 0.19 0.86%

Jilin OLED financial indicator trend analysis is infinitely more than just investigating Jilin OLED Material recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jilin OLED Material is a good investment. Please check the relationship between Jilin OLED Interest Expense and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jilin OLED Material. 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.

Interest Expense vs Gross Profit

Interest Expense vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jilin OLED Material Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have pay attention.

The correlation between Jilin OLED's Interest Expense and Gross Profit is -0.94. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Jilin OLED Material, assuming nothing else is changed. The correlation between historical values of Jilin OLED's Interest Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Jilin OLED Material are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., Jilin OLED's Interest Expense and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Jilin OLED Material minus its cost of goods sold. It is profit before Jilin OLED operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Jilin OLED's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jilin OLED Material 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 Jilin OLED Material. 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 45.7 M, whereas Tax Provision is projected to grow to (12.8 K).

	2022	2024	2025 (projected)
Interest Expense	320.1K	1.1M	1.3M
Depreciation And Amortization	43.7M	50.3M	52.8M

Interest Expense Depreciation And Amortization

Jilin OLED fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Receivables	Net Invested Capital	Short Long Term Debt
Total Assets		-0.62	-0.06	0.89	1.0	0.95	-0.95	0.98	0.8	0.94	0.89	0.47	0.94	0.8	0.98	0.95	-0.46	0.99	0.96	0.96	-0.35	0.85	0.94	0.83	0.98	0.09
Short Long Term Debt Total	-0.62		-0.41	-0.73	-0.6	-0.4	0.63	-0.68	-0.4	-0.6	-0.46	-0.43	-0.76	-0.41	-0.72	-0.65	0.04	-0.59	-0.75	-0.77	0.92	-0.49	-0.35	-0.18	-0.55	0.56
Other Current Liab	-0.06	-0.41		0.1	-0.08	-0.27	0.03	-0.01	-0.51	0.07	-0.43	0.61	0.16	-0.55	0.02	-0.1	0.2	-0.03	0.07	0.15	-0.57	-0.48	-0.29	-0.53	-0.19	-0.71
Total Current Liabilities	0.89	-0.73	0.1		0.87	0.84	-0.93	0.93	0.79	0.93	0.82	0.57	0.81	0.68	0.87	0.93	-0.12	0.85	0.97	0.87	-0.51	0.76	0.78	0.68	0.85	0.03
Total Stockholder Equity	1.0	-0.6	-0.08	0.87		0.95	-0.94	0.97	0.79	0.93	0.89	0.46	0.94	0.81	0.97	0.95	-0.47	1.0	0.95	0.96	-0.33	0.85	0.94	0.84	0.99	0.1
Property Plant And Equipment Net	0.95	-0.4	-0.27	0.84	0.95		-0.92	0.93	0.87	0.9	0.92	0.36	0.79	0.84	0.89	0.94	-0.42	0.94	0.89	0.83	-0.1	0.87	0.99	0.95	0.95	0.38
Net Debt	-0.95	0.63	0.03	-0.93	-0.94	-0.92		-0.95	-0.82	-0.99	-0.89	-0.6	-0.87	-0.75	-0.93	-0.91	0.41	-0.94	-0.96	-0.91	0.38	-0.83	-0.86	-0.78	-0.94	-0.06
Retained Earnings	0.98	-0.68	-0.01	0.93	0.97	0.93	-0.95		0.79	0.94	0.87	0.45	0.9	0.8	0.97	0.98	-0.38	0.96	0.98	0.94	-0.4	0.86	0.91	0.8	0.94	0.1
Accounts Payable	0.8	-0.4	-0.51	0.79	0.79	0.87	-0.82	0.79		0.76	0.96	0.13	0.62	0.91	0.73	0.84	-0.22	0.75	0.79	0.67	-0.14	0.94	0.82	0.89	0.85	0.4
Cash	0.94	-0.6	0.07	0.93	0.93	0.9	-0.99	0.94	0.76		0.84	0.69	0.87	0.68	0.93	0.89	-0.42	0.93	0.96	0.91	-0.37	0.77	0.85	0.75	0.91	0.04
Non Current Assets Total	0.89	-0.46	-0.43	0.82	0.89	0.92	-0.89	0.87	0.96	0.84		0.23	0.74	0.96	0.85	0.89	-0.42	0.85	0.86	0.79	-0.16	0.98	0.9	0.9	0.93	0.33
Non Currrent Assets Other	0.47	-0.43	0.61	0.57	0.46	0.36	-0.6	0.45	0.13	0.69	0.23		0.56	-0.03	0.5	0.34	-0.25	0.51	0.55	0.56	-0.44	0.1	0.29	0.11	0.42	-0.4
Cash And Short Term Investments	0.94	-0.76	0.16	0.81	0.94	0.79	-0.87	0.9	0.62	0.87	0.74	0.56		0.65	0.96	0.84	-0.46	0.95	0.91	0.99	-0.58	0.71	0.78	0.62	0.91	-0.25
Common Stock Shares Outstanding	0.8	-0.41	-0.55	0.68	0.81	0.84	-0.75	0.8	0.91	0.68	0.96	-0.03	0.65		0.78	0.84	-0.44	0.76	0.75	0.69	-0.09	0.98	0.85	0.87	0.85	0.39
Non Current Liabilities Total	0.98	-0.72	0.02	0.87	0.97	0.89	-0.93	0.97	0.73	0.93	0.85	0.5	0.96	0.78		0.93	-0.53	0.97	0.96	0.97	-0.46	0.84	0.87	0.74	0.94	-0.04
Inventory	0.95	-0.65	-0.1	0.93	0.95	0.94	-0.91	0.98	0.84	0.89	0.89	0.34	0.84	0.84	0.93		-0.27	0.92	0.96	0.89	-0.35	0.88	0.92	0.84	0.92	0.2
Other Current Assets	-0.46	0.04	0.2	-0.12	-0.47	-0.42	0.41	-0.38	-0.22	-0.42	-0.42	-0.25	-0.46	-0.44	-0.53	-0.27		-0.49	-0.33	-0.42	-0.15	-0.46	-0.47	-0.39	-0.46	-0.05
Other Stockholder Equity	0.99	-0.59	-0.03	0.85	1.0	0.94	-0.94	0.96	0.75	0.93	0.85	0.51	0.95	0.76	0.97	0.92	-0.49		0.94	0.96	-0.35	0.81	0.93	0.81	0.98	0.06
Total Liab	0.96	-0.75	0.07	0.97	0.95	0.89	-0.96	0.98	0.79	0.96	0.86	0.55	0.91	0.75	0.96	0.96	-0.33	0.94		0.95	-0.5	0.82	0.85	0.73	0.93	-0.01
Total Current Assets	0.96	-0.77	0.15	0.87	0.96	0.83	-0.91	0.94	0.67	0.91	0.79	0.56	0.99	0.69	0.97	0.89	-0.42	0.96	0.95		-0.57	0.75	0.81	0.66	0.93	-0.18
Short Term Debt	-0.35	0.92	-0.57	-0.51	-0.33	-0.1	0.38	-0.4	-0.14	-0.37	-0.16	-0.44	-0.58	-0.09	-0.46	-0.35	-0.15	-0.35	-0.5	-0.57		-0.18	-0.03	0.12	-0.3	0.79
Intangible Assets	0.85	-0.49	-0.48	0.76	0.85	0.87	-0.83	0.86	0.94	0.77	0.98	0.1	0.71	0.98	0.84	0.88	-0.46	0.81	0.82	0.75	-0.18		0.86	0.87	0.88	0.31
Common Stock	0.94	-0.35	-0.29	0.78	0.94	0.99	-0.86	0.91	0.82	0.85	0.9	0.29	0.78	0.85	0.87	0.92	-0.47	0.93	0.85	0.81	-0.03	0.86		0.95	0.94	0.41
Net Receivables	0.83	-0.18	-0.53	0.68	0.84	0.95	-0.78	0.8	0.89	0.75	0.9	0.11	0.62	0.87	0.74	0.84	-0.39	0.81	0.73	0.66	0.12	0.87	0.95		0.87	0.58
Net Invested Capital	0.98	-0.55	-0.19	0.85	0.99	0.95	-0.94	0.94	0.85	0.91	0.93	0.42	0.91	0.85	0.94	0.92	-0.46	0.98	0.93	0.93	-0.3	0.88	0.94	0.87		0.14
Short Long Term Debt	0.09	0.56	-0.71	0.03	0.1	0.38	-0.06	0.1	0.4	0.04	0.33	-0.4	-0.25	0.39	-0.04	0.2	-0.05	0.06	-0.01	-0.18	0.79	0.31	0.41	0.58	0.14

Click cells to compare fundamentals

Jilin OLED Account Relationship Matchups

Jilin OLED fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.0B	2.2B	2.1B	2.2B	2.5B	1.6B
Short Long Term Debt Total	43M	21.2M	24.6M	62.2M	56.0M	35.7M
Other Current Liab	231.3M	256.1M	178.9M	4.3M	3.9M	3.7M
Total Current Liabilities	264.0M	353.0M	322.5M	276.8M	318.3M	305.0M
Total Stockholder Equity	1.6B	1.7B	1.7B	1.8B	2.0B	1.2B
Property Plant And Equipment Net	401.8M	644.8M	782.7M	873.0M	1.0B	515.9M
Net Debt	(153.9M)	(302.9M)	(755.1M)	(570.1M)	(513.1M)	(487.5M)
Retained Earnings	228.6M	282.7M	275.2M	277.5M	319.1M	198.1M
Accounts Payable	32.7M	84.4M	81.9M	119.3M	137.2M	144.0M
Cash	324.1M	779.7M	632.3M	477.2M	548.8M	392.3M
Non Current Assets Total	575.0M	844.2M	1.1B	1.2B	1.4B	1.5B
Non Currrent Assets Other	71.3M	211.0M	137.5M	25.6M	29.4M	28.0M
Cash And Short Term Investments	196.9M	1.2B	970.8M	667.3M	767.4M	567.1M
Common Stock Shares Outstanding	119.5M	73.2M	143.8M	208.1M	239.4M	251.3M
Liabilities And Stockholders Equity	825.0M	2.0B	2.2B	2.1B	2.5B	1.5B
Non Current Liabilities Total	178.1M	180.2M	156.0M	159.1M	183.0M	145.2M
Inventory	190.8M	213.0M	225.0M	238.9M	274.8M	198.3M
Other Current Assets	11.9M	22.0M	15.5M	14.0M	12.6M	21.0M
Other Stockholder Equity	237.3M	1.3B	1.3B	1.3B	1.5B	769.8M
Total Liab	442.2M	533.1M	478.5M	435.9M	501.2M	450.1M
Total Current Assets	1.5B	1.3B	1.1B	964.5M	1.1B	895.7M
Short Term Debt	30.8M	43M	12.5M	61.8M	55.6M	32.7M
Intangible Assets	75.2M	87.7M	94.8M	171.3M	197.0M	206.8M
Net Receivables	62.4M	98.0M	146.5M	211.5M	243.3M	124.6M
Net Invested Capital	1.6B	1.7B	1.7B	1.8B	2.1B	1.6B
Short Long Term Debt	873.0K	12.5M	61.8M	66.7M	76.7M	40.7M
Net Working Capital	1.2B	991.5M	751.8M	687.8M	790.9M	838.3M

Currently Active Assets on Macroaxis

BTC	Bitcoin
TRX	TRON
BNB	Binance Coin
ADA	Cardano
XRP	XRP

Other Information on Investing in Jilin Stock

Balance Sheet is a snapshot of the financial position of Jilin OLED Material at a specified time, usually calculated after every quarter, six months, or one year. Jilin OLED Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jilin OLED 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 Jilin currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Jilin Interest Expense vs Gross Profit Analysis

Interest Expense vs Gross Profit

Interest Expense vs Gross Profit Correlation Analysis

Correlation Coefficient

Interest Expense

Gross Profit

Jilin OLED fundamental ratios Correlations

Jilin OLED Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jilin OLED fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Jilin Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Cash And Short Term Investments

Cash	- 0.99	Net Debt
Total Liab	- 0.96	Net Debt
Retained Earnings	- 0.95	Net Debt
Net Debt	- 0.95	Total Assets
Net Invested Capital	- 0.94	Net Debt
Other Stockholder Equity	- 0.94	Net Debt