Jiangsu Cash vs Net Tangible Assets Analysis

688399 Stock   71.68  0.98  1.35%   
Jiangsu Bioperfectus financial indicator trend analysis is infinitely more than just investigating Jiangsu Bioperfectus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Bioperfectus is a good investment. Please check the relationship between Jiangsu Bioperfectus Cash and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Bioperfectus Technologies. 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.

Cash vs Net Tangible Assets

Cash vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Bioperfectus Cash account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangsu Bioperfectus' Cash and Net Tangible Assets is 0.89. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Jiangsu Bioperfectus Technologies, assuming nothing else is changed. The correlation between historical values of Jiangsu Bioperfectus' Cash and Net Tangible 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 Cash of Jiangsu Bioperfectus Technologies are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash i.e., Jiangsu Bioperfectus' Cash and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Cash

Cash refers to the most liquid asset of Jiangsu Bioperfectus, which is listed under current asset account on Jiangsu Bioperfectus Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jiangsu Bioperfectus customers. The amounts must be unrestricted with restricted cash listed in a different Jiangsu Bioperfectus account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Jiangsu Bioperfectus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Bioperfectus 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 Jiangsu Bioperfectus Technologies. 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 Tax Provision is expected to grow to about (1.8 M). In addition to that, Selling General Administrative is expected to decline to about 275.6 M
 2021 2022 2023 2024 (projected)
Gross Profit2.0B3.4B257.7M244.8M
Total Revenue2.8B5.5B403.2M383.0M

Jiangsu Bioperfectus fundamental ratios Correlations

0.931.00.930.840.980.930.050.890.990.9-0.580.951.00.80.650.890.890.850.870.870.990.990.870.910.87
0.930.890.820.860.890.830.170.960.910.99-0.531.00.940.720.860.760.760.70.730.740.890.890.730.810.72
1.00.890.930.820.980.930.020.850.990.85-0.580.910.990.80.590.90.910.870.890.881.01.00.890.920.88
0.930.820.930.780.920.99-0.050.80.920.79-0.520.850.920.720.420.980.980.970.830.980.950.940.830.970.84
0.840.860.820.780.770.720.00.960.850.81-0.360.870.860.550.630.670.670.660.540.670.810.830.540.670.53
0.980.890.980.920.770.930.10.820.990.87-0.610.920.980.820.60.910.890.860.890.870.980.980.890.910.88
0.930.830.930.990.720.930.030.780.920.81-0.60.860.920.790.470.980.990.970.890.980.950.940.881.00.9
0.050.170.02-0.050.00.10.030.110.070.18-0.470.150.040.480.32-0.03-0.070.040.01-0.090.02-0.010.010.00.0
0.890.960.850.80.960.820.780.110.880.93-0.450.960.910.630.790.70.710.670.620.70.850.860.620.740.61
0.990.910.990.920.850.990.920.070.880.88-0.60.941.00.820.630.90.890.850.880.860.990.990.880.90.87
0.90.990.850.790.810.870.810.180.930.88-0.510.990.910.690.880.730.720.660.710.710.850.850.710.790.7
-0.58-0.53-0.58-0.52-0.36-0.61-0.6-0.47-0.45-0.6-0.51-0.55-0.57-0.83-0.39-0.59-0.56-0.56-0.69-0.48-0.58-0.58-0.69-0.58-0.69
0.951.00.910.850.870.920.860.150.960.940.99-0.550.960.740.830.790.790.730.760.770.910.910.760.840.76
1.00.940.990.920.860.980.920.040.911.00.91-0.570.960.790.670.880.880.840.860.860.990.990.870.90.86
0.80.720.80.720.550.820.790.480.630.820.69-0.830.740.790.520.780.750.740.870.660.80.790.870.770.86
0.650.860.590.420.630.60.470.320.790.630.88-0.390.830.670.520.340.340.260.450.320.580.570.450.460.43
0.890.760.90.980.670.910.98-0.030.70.90.73-0.590.790.880.780.341.00.980.90.970.920.920.890.970.91
0.890.760.910.980.670.890.99-0.070.710.890.72-0.560.790.880.750.341.00.980.890.990.920.920.880.990.9
0.850.70.870.970.660.860.970.040.670.850.66-0.560.730.840.740.260.980.980.810.980.880.880.80.950.83
0.870.730.890.830.540.890.890.010.620.880.71-0.690.760.860.870.450.90.890.810.820.90.891.00.91.0
0.870.740.880.980.670.870.98-0.090.70.860.71-0.480.770.860.660.320.970.990.980.820.90.890.810.970.83
0.990.891.00.950.810.980.950.020.850.990.85-0.580.910.990.80.580.920.920.880.90.91.00.90.940.89
0.990.891.00.940.830.980.94-0.010.860.990.85-0.580.910.990.790.570.920.920.880.890.891.00.890.920.89
0.870.730.890.830.540.890.880.010.620.880.71-0.690.760.870.870.450.890.880.81.00.810.90.890.891.0
0.910.810.920.970.670.911.00.00.740.90.79-0.580.840.90.770.460.970.990.950.90.970.940.920.890.91
0.870.720.880.840.530.880.90.00.610.870.7-0.690.760.860.860.430.910.90.831.00.830.890.891.00.91
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Jiangsu Bioperfectus Account Relationship Matchups

Jiangsu Bioperfectus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B2.3B3.5B4.9B3.9B2.3B
Total Current Liabilities94.2M522.4M855.6M932.6M363.9M399.2M
Total Stockholder Equity1.0B1.7B2.5B3.8B3.4B1.8B
Retained Earnings157.5M801.2M1.7B2.9B2.5B2.6B
Accounts Payable9.2M79.2M132.5M433.1M75.0M103.1M
Cash248.7M1.1B1.3B1.8B1.8B891.4M
Non Current Assets Total263.9M497.8M960.5M1.2B1.2B1.3B
Non Currrent Assets Other6.0M11.7M22.2M2.7M157.1K149.2K
Net Receivables39.7M157.5M342.6M564.0M108.7M173.3M
Non Current Liabilities Total39.3M90.7M107.3M180.3M137.4M79.3M
Inventory19.0M162.9M250.3M236.3M93.9M111.3M
Other Current Assets2.4M14.3M24.2M49.3M18.8M31.0M
Total Liab133.6M613.2M962.9M1.1B501.3M478.5M
Total Current Assets890.5M1.8B2.5B3.7B2.7B1.7B
Intangible Assets25.6M26.6M26.8M27.4M29.9M23.0M
Other Current Liab64.3M197.3M368.1M242.1M408.9K388.5K
Other Liab39.3M90.7M100.4M169.7M195.2M205.0M
Net Tangible Assets995.2M1.6B2.5B3.8B4.3B4.5B
Other Assets18.4M52.4M95.8M168.6M193.9M203.6M
Deferred Long Term Liab7.0M25.6M54.3M74.2M85.4M89.6M
Net Invested Capital1.0B1.7B2.7B3.9B3.6B2.1B
Net Working Capital796.2M1.3B1.7B2.8B2.3B1.5B
Property Plant Equipment219.9M322.5M715.0M731.7M841.5M883.5M

Currently Active Assets on Macroaxis

Other Information on Investing in Jiangsu Stock

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