Jerash Operating Income vs Net Income Analysis

JRSH Stock

USD 3.41 0.03 0.87%

Jerash Holdings financial indicator trend analysis is infinitely more than just investigating Jerash Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jerash Holdings is a good investment. Please check the relationship between Jerash Holdings Operating Income and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jerash Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jerash Holdings Operating Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Jerash Holdings' Operating Income and Net Income is 0.97. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Jerash Holdings, assuming nothing else is changed. The correlation between historical values of Jerash Holdings' Operating Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Jerash Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., Jerash Holdings' Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Jerash Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Jerash Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Jerash Holdings financial statement analysis. It represents the amount of money remaining after all of Jerash Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Jerash Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jerash Holdings 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jerash Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.As of now, Jerash Holdings' Tax Provision is decreasing as compared to previous years. The Jerash Holdings' current Enterprise Value is estimated to increase to about 50.7 M, while Selling General Administrative is projected to decrease to under 11.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	27.3M	21.8M	16.9M	19.0M
Total Revenue	143.4M	138.1M	117.2M	98.3M

Gross Profit Total Revenue

Jerash Holdings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock
Total Assets		0.91	0.28	1.0	0.99	0.71	-0.83	0.98	-0.73	0.86	0.74	0.54	0.16	0.86	0.68	0.94	-0.59	-0.89	0.92	0.97	0.94	0.97	0.54	0.61	0.97	0.94
Other Current Liab	0.91		0.41	0.9	0.93	0.76	-0.71	0.83	-0.6	0.73	0.77	0.44	0.0	0.74	0.55	0.97	-0.46	-0.76	0.92	0.83	0.92	0.96	0.62	0.7	0.83	0.96
Total Current Liabilities	0.28	0.41		0.19	0.22	0.48	0.04	0.11	0.39	-0.02	0.45	-0.21	-0.5	-0.01	0.04	0.32	0.15	0.11	0.36	0.28	0.45	0.34	0.95	0.43	0.15	0.32
Total Stockholder Equity	1.0	0.9	0.19		0.99	0.69	-0.85	0.99	-0.78	0.87	0.72	0.57	0.2	0.87	0.68	0.94	-0.61	-0.92	0.91	0.96	0.92	0.96	0.46	0.59	0.97	0.93
Net Tangible Assets	0.99	0.93	0.22	0.99		0.71	-0.81	0.97	-0.76	0.83	0.74	0.59	0.16	0.83	0.66	0.97	-0.57	-0.9	0.91	0.95	0.94	0.97	0.48	0.62	0.94	0.96
Property Plant And Equipment Net	0.71	0.76	0.48	0.69	0.71		-0.32	0.65	-0.46	0.38	1.0	0.41	-0.35	0.38	0.29	0.79	-0.46	-0.62	0.88	0.77	0.74	0.73	0.58	0.97	0.56	0.82
Net Debt	-0.83	-0.71	0.04	-0.85	-0.81	-0.32		-0.84	0.73	-0.99	-0.35	-0.34	-0.33	-0.99	-0.58	-0.72	0.62	0.79	-0.72	-0.72	-0.68	-0.83	-0.25	-0.22	-0.92	-0.71
Retained Earnings	0.98	0.83	0.11	0.99	0.97	0.65	-0.84		-0.81	0.86	0.68	0.62	0.28	0.86	0.73	0.89	-0.66	-0.94	0.87	0.96	0.88	0.92	0.38	0.55	0.97	0.89
Accounts Payable	-0.73	-0.6	0.39	-0.78	-0.76	-0.46	0.73	-0.81		-0.75	-0.5	-0.68	-0.44	-0.75	-0.57	-0.68	0.69	0.92	-0.68	-0.72	-0.57	-0.68	0.13	-0.4	-0.75	-0.69
Cash	0.86	0.73	-0.02	0.87	0.83	0.38	-0.99	0.86	-0.75		0.41	0.37	0.32	1.0	0.61	0.74	-0.69	-0.82	0.76	0.75	0.71	0.84	0.28	0.29	0.94	0.74
Non Current Assets Total	0.74	0.77	0.45	0.72	0.74	1.0	-0.35	0.68	-0.5	0.41		0.48	-0.28	0.41	0.31	0.81	-0.5	-0.66	0.89	0.8	0.76	0.75	0.56	0.96	0.59	0.84
Non Currrent Assets Other	0.54	0.44	-0.21	0.57	0.59	0.41	-0.34	0.62	-0.68	0.37	0.48		0.58	0.36	0.33	0.58	-0.56	-0.74	0.45	0.55	0.46	0.44	-0.02	0.41	0.48	0.58
Other Assets	0.16	0.0	-0.5	0.2	0.16	-0.35	-0.33	0.28	-0.44	0.32	-0.28	0.58		0.32	0.39	0.04	-0.34	-0.36	-0.09	0.09	0.0	0.04	-0.31	-0.38	0.29	0.01
Cash And Short Term Investments	0.86	0.74	-0.01	0.87	0.83	0.38	-0.99	0.86	-0.75	1.0	0.41	0.36	0.32		0.62	0.74	-0.69	-0.82	0.76	0.75	0.71	0.84	0.28	0.29	0.94	0.74
Net Receivables	0.68	0.55	0.04	0.68	0.66	0.29	-0.58	0.73	-0.57	0.61	0.31	0.33	0.39	0.62		0.52	-0.56	-0.65	0.53	0.63	0.67	0.56	0.27	0.25	0.76	0.51
Common Stock Total Equity	0.94	0.97	0.32	0.94	0.97	0.79	-0.72	0.89	-0.68	0.74	0.81	0.58	0.04	0.74	0.52		-0.51	-0.84	0.93	0.9	0.94	0.97	0.54	0.73	0.85	1.0
Common Stock Shares Outstanding	-0.59	-0.46	0.15	-0.61	-0.57	-0.46	0.62	-0.66	0.69	-0.69	-0.5	-0.56	-0.34	-0.69	-0.56	-0.51		0.77	-0.66	-0.53	-0.49	-0.5	-0.1	-0.5	-0.68	-0.55
Non Current Liabilities Total	-0.89	-0.76	0.11	-0.92	-0.9	-0.62	0.79	-0.94	0.92	-0.82	-0.66	-0.74	-0.36	-0.82	-0.65	-0.84	0.77		-0.82	-0.86	-0.79	-0.83	-0.18	-0.56	-0.89	-0.85
Capital Surpluse	0.92	0.92	0.36	0.91	0.91	0.88	-0.72	0.87	-0.68	0.76	0.89	0.45	-0.09	0.76	0.53	0.93	-0.66	-0.82		0.89	0.89	0.94	0.57	0.82	0.86	0.95
Inventory	0.97	0.83	0.28	0.96	0.95	0.77	-0.72	0.96	-0.72	0.75	0.8	0.55	0.09	0.75	0.63	0.9	-0.53	-0.86	0.89		0.9	0.92	0.51	0.65	0.9	0.9
Other Current Assets	0.94	0.92	0.45	0.92	0.94	0.74	-0.68	0.88	-0.57	0.71	0.76	0.46	0.0	0.71	0.67	0.94	-0.49	-0.79	0.89	0.9		0.93	0.67	0.67	0.87	0.93
Other Stockholder Equity	0.97	0.96	0.34	0.96	0.97	0.73	-0.83	0.92	-0.68	0.84	0.75	0.44	0.04	0.84	0.56	0.97	-0.5	-0.83	0.94	0.92	0.93		0.58	0.63	0.92	0.96
Total Liab	0.54	0.62	0.95	0.46	0.48	0.58	-0.25	0.38	0.13	0.28	0.56	-0.02	-0.31	0.28	0.27	0.54	-0.1	-0.18	0.57	0.51	0.67	0.58		0.5	0.44	0.54
Property Plant And Equipment Gross	0.61	0.7	0.43	0.59	0.62	0.97	-0.22	0.55	-0.4	0.29	0.96	0.41	-0.38	0.29	0.25	0.73	-0.5	-0.56	0.82	0.65	0.67	0.63	0.5		0.46	0.77
Total Current Assets	0.97	0.83	0.15	0.97	0.94	0.56	-0.92	0.97	-0.75	0.94	0.59	0.48	0.29	0.94	0.76	0.85	-0.68	-0.89	0.86	0.9	0.87	0.92	0.44	0.46		0.85
Common Stock	0.94	0.96	0.32	0.93	0.96	0.82	-0.71	0.89	-0.69	0.74	0.84	0.58	0.01	0.74	0.51	1.0	-0.55	-0.85	0.95	0.9	0.93	0.96	0.54	0.77	0.85

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Jerash Holdings Account Relationship Matchups

Jerash Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	67.5M	73.3M	85.3M	83.7M	80.2M	62.9M
Other Current Liab	4.3M	4.1M	5.7M	4.4M	6.4M	4.0M
Total Current Liabilities	10.9M	14.5M	14.1M	14.4M	14.8M	12.9M
Total Stockholder Equity	54.4M	56.4M	69.3M	68.2M	64.4M	48.6M
Net Tangible Assets	54.4M	56.4M	68.8M	67.7M	77.9M	46.0M
Property Plant And Equipment Net	7.3M	7.3M	12.8M	23.3M	26.3M	27.6M
Net Debt	(25.3M)	(19.2M)	(23.6M)	(17.0M)	(11.4M)	(12.0M)
Retained Earnings	39.0M	40.7M	46.3M	46.2M	41.7M	35.4M
Accounts Payable	6.4M	7.9M	4.8M	5.8M	6.3M	5.3M
Cash	26.1M	21.1M	25.2M	17.8M	12.4M	16.3M
Non Current Assets Total	8.5M	8.6M	15.4M	26.4M	29.3M	30.8M
Non Currrent Assets Other	1.0M	1.1M	1.3M	1.6M	2.4M	1.5M
Other Assets	1.2M	1.3M	2.2M	1.0	1.15	1.09
Cash And Short Term Investments	26.1M	21.1M	25.7M	17.8M	12.4M	16.3M
Net Receivables	5.3M	12.4M	11.4M	2.3M	5.4M	6.4M
Common Stock Shares Outstanding	11.4M	11.3M	11.9M	12.7M	12.3M	9.7M
Liabilities And Stockholders Equity	67.5M	73.3M	85.3M	83.7M	80.2M	62.9M
Non Current Liabilities Total	1.9M	2.0M	1.9M	1.0M	1.0M	984.0K
Capital Surpluse	15.0M	15.2M	15.6M	23.3M	26.8M	28.2M
Inventory	22.6M	25.0M	28.3M	32.7M	27.2M	24.9M
Other Current Assets	2.8M	5.4M	4.5M	4.5M	5.8M	3.4M
Other Stockholder Equity	15.2M	15.3M	22.5M	21.8M	22.7M	13.0M
Total Liab	12.7M	16.6M	16.0M	15.5M	15.8M	14.1M
Property Plant And Equipment Gross	7.3M	7.3M	12.8M	23.3M	42.9M	45.0M
Total Current Assets	59.0M	64.7M	69.9M	57.3M	50.9M	50.8M
Accumulated Other Comprehensive Income	204.4K	330.4K	506.5K	287.6K	(78.5K)	(74.6K)
Property Plant Equipment	7.3M	7.3M	12.8M	22.4M	25.7M	27.0M
Short Long Term Debt Total	860.3K	1.9M	1.6M	768.7K	989.1K	1.2M
Other Liab	1.4M	1.2M	1.1M	1.0M	901.7K	962.3K
Retained Earnings Total Equity	34.8M	39.0M	40.7M	46.2M	53.1M	42.2M
Net Invested Capital	54.4M	57.0M	69.3M	68.2M	64.4M	62.7M
Non Current Liabilities Other	1.4M	1.9M	2.0M	1.0M	1.2M	1.7M
Net Working Capital	48.1M	50.1M	55.7M	42.8M	36.1M	48.7M
Short Term Debt	210.3K	1.0M	739.1K	481.5K	370.8K	507.8K

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When determining whether Jerash Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jerash Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jerash Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jerash Holdings Stock:

How To Invest In Jerash

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Is Jerash Stock a good investment?

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What is Jerash Holdings' Net Worth?

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Largest Apparel, Accessories & Luxury Goods Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jerash Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.

You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jerash Holdings. If investors know Jerash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jerash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.74)

Earnings Share

(0.29)

Revenue Per Share

10.036

Quarterly Revenue Growth

0.178

Return On Assets

(0.02)

The market value of Jerash Holdings is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Jerash Operating Income vs Net Income Analysis

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

Correlation Coefficient

Operating Income

Net Income

Jerash Holdings fundamental ratios Correlations

Jerash Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jerash Holdings fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Net Tangible Assets	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Non Current Liabilities Total	- 0.94	Retained Earnings
Total Current Assets	- 0.92	Net Debt
Non Current Liabilities Total	- 0.92	Total Stockholder Equity
Non Current Liabilities Total	- 0.9	Net Tangible Assets