JIADE Total Current Liabilities vs Cash Analysis
| JDZG Stock | 0.70 0.02 2.78% |
JIADE LIMITED financial indicator trend analysis is infinitely more than just investigating JIADE LIMITED Common recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JIADE LIMITED Common is a good investment. Please check the relationship between JIADE LIMITED Total Current Liabilities and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JIADE LIMITED Common. 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JIADE LIMITED Common Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between JIADE LIMITED's Total Current Liabilities and Cash is 1.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of JIADE LIMITED Common, assuming nothing else is changed. The correlation between historical values of JIADE LIMITED's Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of JIADE LIMITED Common are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., JIADE LIMITED's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on JIADE LIMITED balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of JIADE LIMITED Common are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash
Cash refers to the most liquid asset of JIADE LIMITED Common, which is listed under current asset account on JIADE LIMITED Common balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from JIADE LIMITED customers. The amounts must be unrestricted with restricted cash listed in a different JIADE LIMITED 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.Most indicators from JIADE LIMITED's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JIADE LIMITED Common 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 JIADE LIMITED Common. 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 JIADE LIMITED's current Issuance Of Capital Stock is estimated to increase to about 1 M, while Tax Provision is projected to decrease to roughly 896.7 K.
| 2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 20.4K | 41.8K | 213.2K | 223.9K | Interest Income | 2.4K | 101.0 | 2.3K | 1.3K |
JIADE LIMITED fundamental ratios Correlations
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JIADE LIMITED Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether JIADE LIMITED Common is a strong investment it is important to analyze JIADE LIMITED's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JIADE LIMITED's future performance. For an informed investment choice regarding JIADE Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JIADE LIMITED Common. 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. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Diversified Consumer Services 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 JIADE LIMITED. If investors know JIADE 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 JIADE LIMITED listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of JIADE LIMITED Common is measured differently than its book value, which is the value of JIADE that is recorded on the company's balance sheet. Investors also form their own opinion of JIADE LIMITED's value that differs from its market value or its book value, called intrinsic value, which is JIADE LIMITED's 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 JIADE LIMITED's market value can be influenced by many factors that don't directly affect JIADE LIMITED's 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 JIADE LIMITED's value and its price as these two are different measures arrived at by different means. Investors typically determine if JIADE LIMITED is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JIADE LIMITED's 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.