Jerash Holdings Financials

JRSH Stock  USD 3.06  0.03  0.99%   
Based on the key indicators related to Jerash Holdings' liquidity, profitability, solvency, and operating efficiency, Jerash Holdings US is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. As of now, Jerash Holdings' Capital Surpluse is increasing as compared to previous years. The Jerash Holdings' current Other Stockholder Equity is estimated to increase to about 26.3 M, while Total Assets are projected to decrease to under 60.1 M. Key indicators impacting Jerash Holdings' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.01910.0202
Notably Down
Slightly volatile
Return On Assets0.03160.0332
Notably Down
Slightly volatile
Return On Equity0.03870.0408
Notably Down
Slightly volatile
Debt Equity Ratio0.02320.013
Way Up
Slightly volatile
Operating Income6.1 MM
Way Up
Very volatile
Current Ratio3.33.57
Significantly Down
Slightly volatile
The financial analysis of Jerash Holdings is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Jerash Holdings includes many different criteria found on its balance sheet. For example, investors should never minimize Jerash Holdings' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Jerash Holdings' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Jerash Holdings.

Net Income

2.07 Million

With this module, you can analyze Jerash financials for your investing period. You should be able to track the changes in Jerash Holdings individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Jerash Holdings Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Jerash Holdings' financial statements are interrelated, with each one affecting the others. For example, an increase in Jerash Holdings' assets may result in an increase in income on the income statement.
Evaluating Jerash Holdings' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Jerash Holdings' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Jerash Holdings' relative financial performance

Chance Of Distress

Less than 8

 
100  
 
Zero
Low
Jerash Holdings US has less than 8 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Jerash Holdings stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Jerash Holdings' odds of distress score SHOULD NOT be confused with the real chance of Jerash Holdings US filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Jerash is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Jerash Holdings' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Jerash Holdings' official financial statements usually reflect Jerash Holdings' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Jerash Holdings US. For example, before you start analyzing numbers published by Jerash accountants, it's critical to develop an understanding of what Jerash Holdings' liquidity, profitability, and earnings quality are in the context of the Textiles, Apparel & Luxury Goods space in which it operates.
Please note, the presentation of Jerash Holdings' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Jerash Holdings' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Jerash Holdings' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Jerash Holdings US. Please utilize our Beneish M Score to check the likelihood of Jerash Holdings' management manipulating its earnings.

Jerash Holdings Company Summary

Jerash Holdings competes with Malibu Boats, MCBC Holdings, Brunswick, BRP, and Callaway Golf. Jerash Holdings , Inc., through its subsidiaries, manufactures and exports customized and readymade sport and outerwear. The company was incorporated in 2016 and is headquartered in Fairfield, New Jersey. Jerash Holdings operates under Apparel Manufacturing classification in the United States and is traded on NASDAQ Exchange. It employs 5600 people.
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0001696558
ISINUS47632P1012
CUSIP47632P101
RegionNorth America
LocationNew York; U.S.A
Business Address277 Fairfield Road,
SectorTextiles, Apparel & Luxury Goods
IndustryConsumer Discretionary
BenchmarkNYSE Composite
Websitewww.jerashholdings.com
Phone201 285 7973
CurrencyUSD - US Dollar
You should never invest in Jerash Holdings without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Jerash Stock, because this is throwing your money away. Analyzing the key information contained in Jerash Holdings' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Jerash Holdings Key Financial Ratios

Generally speaking, Jerash Holdings' financial ratios allow both analysts and investors to convert raw data from Jerash Holdings' financial statements into concise, actionable information that can be used to evaluate the performance of Jerash Holdings over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Jerash Holdings US reports annually and quarterly.

Jerash Holdings Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets67.5M73.3M85.3M83.7M96.3M60.1M
Other Current Liab4.3M5.6M8.6M7.3M8.3M4.6M
Net Tangible Assets54.4M56.4M68.8M67.7M77.9M46.0M
Net Debt(25.3M)(19.2M)(23.6M)(17.0M)(15.3M)(16.1M)
Retained Earnings39.0M40.7M46.3M46.2M53.1M34.2M
Accounts Payable6.4M7.9M4.8M5.8M5.2M5.4M
Cash26.1M21.1M25.2M17.8M20.5M16.5M
Other Assets1.5M1.2M1.3M2.2M2.5M1.5M
Net Receivables5.3M12.4M11.4M2.3M2.7M2.6M
Capital Surpluse15.0M15.2M15.6M23.3M26.8M28.2M
Inventory22.6M25.0M28.3M32.7M37.6M24.4M
Other Current Assets2.8M2.3M3.2M2.9M3.4M2.3M
Total Liab12.7M16.6M16.0M15.5M17.8M13.7M
Total Current Assets59.0M64.7M69.9M57.3M65.9M50.3M
Other Liab1.4M1.2M1.1M1.0M901.7K962.3K
Net Invested Capital54.4M57.0M69.3M68.2M78.5M61.3M
Net Working Capital48.1M50.1M55.7M42.8M49.3M50.1M
Short Term Debt210.3K1.0M739.1K481.5K433.4K543.0K

Jerash Holdings Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Jerash Holdings' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense2.0M109.6K44.7K768.1K883.4K927.5K
Total Revenue93.0M90.2M143.4M138.1M158.8M94.9M
Gross Profit18.0M16.0M27.3M21.8M25.1M19.0M
Operating Income5.7M5.4M10.5M4.4M4.0M6.1M
Ebit5.7M5.4M10.5M4.4M4.0M6.1M
Ebitda7.7M7.9M13.4M8.3M9.5M10.5M
Cost Of Revenue75.0M74.2M116.0M116.3M133.7M75.9M
Income Before Tax7.6M5.5M10.4M4.1M3.7M6.2M
Net Income6.5M4.1M7.9M2.4M2.2M2.1M
Income Tax Expense1.2M1.3M2.5M1.7M1.9M1.1M
Minority Interest309.0K303.2K302.1K2.5K2.2K2.1K
Tax Provision1.2M1.3M2.5M1.7M1.9M1.7M

Jerash Holdings Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Jerash Holdings US. It measures of how well Jerash is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Jerash Holdings brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Jerash had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Jerash Holdings has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(1.6M)(2.4M)(3.2M)(4.4M)(4.0M)(4.2M)
Change In Cash(1.7M)(4.1M)3.7M(7.2M)(6.5M)(6.1M)
Net Borrowings(648.7K)612.5K(614.5K)(300.2K)(270.1K)(256.6K)
Free Cash Flow2.2M(2.4M)3.9M5.0M5.8M3.8M
Depreciation2.0M2.6M3.0M3.4M3.9M2.0M
Other Non Cash Items58.6M8.6M203.9B(198.7K)(228.5K)(217.1K)
Capital Expenditures4.7M890.5K5.1M5.8M6.7M7.0M
Net Income6.5M4.1M7.9M2.4M2.2M2.1M
End Period Cash Flow26.1M22.9M26.6M19.4M22.3M17.1M
Change To Netincome284.9K(59.7K)1.2M612.6K704.5K683.3K
Investments(4.9M)124.9K(8.7M)(2.2M)(2.0M)(2.1M)
Change Receivables1.3M(1.3M)(6.7M)8.7M10.0M10.5M

Jerash Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Jerash Holdings's current stock value. Our valuation model uses many indicators to compare Jerash Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Jerash Holdings competition to find correlations between indicators driving Jerash Holdings's intrinsic value. More Info.
Jerash Holdings US is rated below average in ebitda category among related companies. It is rated second overall in price to earning category among related companies . The ratio of EBITDA to Price To Earning for Jerash Holdings US is about  453,000 . As of now, Jerash Holdings' EBITDA is increasing as compared to previous years.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Jerash Holdings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Jerash Holdings' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Jerash Holdings' earnings, one of the primary drivers of an investment's value.

Jerash Holdings US Systematic Risk

Jerash Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Jerash Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Jerash Holdings US correlated with the market. If Beta is less than 0 Jerash Holdings generally moves in the opposite direction as compared to the market. If Jerash Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Jerash Holdings US is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Jerash Holdings is generally in the same direction as the market. If Beta > 1 Jerash Holdings moves generally in the same direction as, but more than the movement of the benchmark.

About Jerash Holdings Financials

What exactly are Jerash Holdings Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Jerash Holdings' income statement, its balance sheet, and the statement of cash flows. Potential Jerash Holdings investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Jerash Holdings investors may use each financial statement separately, they are all related. The changes in Jerash Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Jerash Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Jerash Holdings Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Jerash Holdings is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Jerash has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Jerash Holdings' financials are consistent with your investment objective using the following steps:
  • Review Jerash Holdings' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Jerash Holdings' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Jerash Holdings' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Jerash Holdings' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Jerash Holdings Thematic Clasifications

Jerash Holdings US is part of Apparel investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Apparel industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
ApparelView
This theme covers USA Equities from Apparel industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Jerash Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Jerash Holdings' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Jerash Holdings growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.32)

As of now, Jerash Holdings' Price Earnings To Growth Ratio is decreasing as compared to previous years.

Jerash Holdings March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Jerash Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Jerash Holdings US. We use our internally-developed statistical techniques to arrive at the intrinsic value of Jerash Holdings US based on widely used predictive technical indicators. In general, we focus on analyzing Jerash Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Jerash Holdings's daily price indicators and compare them against related drivers.
When determining whether Jerash Holdings US 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 Us Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jerash Holdings Us Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jerash Holdings US. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Jerash Holdings' price analysis, check to measure Jerash Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jerash Holdings is operating at the current time. Most of Jerash Holdings' value examination focuses on studying past and present price action to predict the probability of Jerash Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jerash Holdings' price. Additionally, you may evaluate how the addition of Jerash Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Jerash Holdings' industry 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)
Dividend Share
0.2
Earnings Share
(0.07)
Revenue Per Share
9.516
Quarterly Revenue Growth
(0.36)
The market value of Jerash Holdings US 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.