Jerash Net Income vs Net Borrowings Analysis
JRSH Stock | USD 3.10 0.01 0.32% |
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 Net Income and its Net Borrowings 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 tightly coupled 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.
Net Income vs Net Borrowings
Net Income vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jerash Holdings Net Income account and Net Borrowings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Jerash Holdings' Net Income and Net Borrowings is 0.33. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Borrowings 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' Net Income and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Jerash Holdings are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Net Income i.e., Jerash Holdings' Net Income and Net Borrowings go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.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 tightly coupled 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' Enterprise Value Over EBITDA is decreasing as compared to previous years. The Jerash Holdings' current Enterprise Value Multiple is estimated to increase to 8.48, while Selling General Administrative is projected to decrease to under 10.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 27.3M | 21.8M | 25.1M | 19.0M | Total Revenue | 143.4M | 138.1M | 158.8M | 94.9M |
Jerash Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Jerash Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jerash Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 67.5M | 73.3M | 85.3M | 83.7M | 96.3M | 60.1M | |
Other Current Liab | 4.3M | 5.6M | 8.6M | 7.3M | 8.3M | 4.6M | |
Total Current Liabilities | 10.9M | 14.5M | 14.1M | 14.4M | 16.6M | 12.5M | |
Total Stockholder Equity | 54.4M | 56.4M | 69.3M | 68.2M | 78.5M | 46.1M | |
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 | 26.8M | 28.2M | |
Net Debt | (25.3M) | (19.2M) | (23.6M) | (17.0M) | (15.3M) | (16.1M) | |
Retained Earnings | 39.0M | 40.7M | 46.3M | 46.2M | 53.1M | 34.2M | |
Accounts Payable | 6.4M | 7.9M | 4.8M | 5.8M | 5.2M | 5.4M | |
Cash | 26.1M | 21.1M | 25.2M | 17.8M | 20.5M | 16.5M | |
Non Current Assets Total | 8.5M | 8.6M | 15.4M | 26.4M | 30.4M | 31.9M | |
Non Currrent Assets Other | 1.0M | 1.1M | 1.3M | 1.6M | 1.9M | 1.4M | |
Other Assets | 1.5M | 1.2M | 1.3M | 2.2M | 2.5M | 1.5M | |
Cash And Short Term Investments | 26.1M | 21.1M | 25.7M | 17.8M | 20.5M | 16.6M | |
Net Receivables | 5.3M | 12.4M | 11.4M | 2.3M | 2.7M | 2.6M | |
Common Stock Shares Outstanding | 11.4M | 11.3M | 11.9M | 12.7M | 11.4M | 9.7M | |
Liabilities And Stockholders Equity | 67.5M | 73.3M | 85.3M | 83.7M | 96.3M | 60.1M | |
Non Current Liabilities Total | 1.9M | 2.0M | 1.9M | 1.0M | 934.8K | 888.1K | |
Capital Surpluse | 15.0M | 15.2M | 15.6M | 23.3M | 26.8M | 28.2M | |
Inventory | 22.6M | 25.0M | 28.3M | 32.7M | 37.6M | 24.4M | |
Other Current Assets | 2.8M | 2.3M | 3.2M | 2.9M | 3.4M | 2.3M | |
Other Stockholder Equity | 15.2M | 15.3M | 22.5M | 21.8M | 25.0M | 26.3M | |
Total Liab | 12.7M | 16.6M | 16.0M | 15.5M | 17.8M | 13.7M | |
Property Plant And Equipment Gross | 7.3M | 7.3M | 12.8M | 23.3M | 26.8M | 28.2M | |
Total Current Assets | 59.0M | 64.7M | 69.9M | 57.3M | 65.9M | 50.3M | |
Accumulated Other Comprehensive Income | 204.4K | 330.4K | 506.5K | 287.6K | 330.8K | 221.1K | |
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 | 884.1K | 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 | 78.5M | 61.3M | |
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 | 49.3M | 50.1M | |
Short Term Debt | 210.3K | 1.0M | 739.1K | 481.5K | 433.4K | 543.0K |
Currently Active Assets on Macroaxis
VWITX | Vanguard Intermediate Term Tax Exempt | |
VGSTX | Vanguard Star Fund | |
VFIAX | Vanguard 500 Index | |
VTCLX | Vanguard Tax Managed Capital | |
VTSAX | Vanguard Total Stock |
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 tightly coupled 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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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 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.