JCHX Good Will vs Accounts Payable Analysis

603979 Stock   69.45  0.46  0.67%   
JCHX Mining financial indicator trend analysis is infinitely more than just investigating JCHX Mining Management recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JCHX Mining Management is a good investment. Please check the relationship between JCHX Mining Good Will and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in JCHX Mining Management. 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.

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JCHX Mining Management Good Will account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between JCHX Mining's Good Will and Accounts Payable is -0.31. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of JCHX Mining Management, assuming nothing else is changed. The correlation between historical values of JCHX Mining's Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of JCHX Mining Management are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., JCHX Mining's Good Will and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Accounts Payable

An accounting item on the balance sheet that represents JCHX Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of JCHX Mining Management are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from JCHX Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JCHX Mining Management 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 JCHX Mining Management. 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 439.6 M, whereas Selling General Administrative is forecasted to decline to about 95.6 M.
 2022 2023 2024 2025 (projected)
Operating Income915.1M1.7B2.3B2.4B
Total Revenue5.4B7.4B9.9B10.4B

JCHX Mining fundamental ratios Correlations

-0.170.980.870.71.00.860.830.780.80.6-0.730.850.940.990.850.740.980.880.940.420.910.960.780.870.86
-0.17-0.21-0.070.23-0.20.110.090.190.14-0.240.4-0.06-0.02-0.15-0.030.03-0.060.1-0.030.170.03-0.230.250.05-0.07
0.98-0.210.790.620.980.790.730.690.720.47-0.820.790.910.990.890.620.960.830.940.430.860.990.750.810.82
0.87-0.070.790.810.860.950.960.930.850.73-0.360.930.850.830.650.890.850.940.790.480.940.770.80.90.87
0.70.230.620.810.690.810.850.820.780.48-0.20.80.760.670.60.770.680.840.670.390.830.580.620.780.76
1.0-0.20.980.860.690.830.810.760.770.59-0.760.830.940.990.870.720.970.870.930.420.890.970.750.840.86
0.860.110.790.950.810.830.920.950.930.63-0.310.960.850.840.620.850.890.940.840.50.960.770.910.950.85
0.830.090.730.960.850.810.920.920.830.69-0.320.840.840.780.660.890.790.930.780.410.910.690.770.860.84
0.780.190.690.930.820.760.950.920.870.61-0.210.880.830.750.590.890.770.950.720.480.930.670.850.890.86
0.80.140.720.850.780.770.930.830.870.51-0.240.910.790.810.490.730.840.870.840.470.930.720.810.980.71
0.6-0.240.470.730.480.590.630.690.610.51-0.210.60.640.490.330.860.510.540.38-0.090.530.40.420.480.69
-0.730.4-0.82-0.36-0.2-0.76-0.31-0.32-0.21-0.24-0.21-0.32-0.65-0.75-0.84-0.23-0.68-0.42-0.67-0.15-0.44-0.81-0.35-0.36-0.53
0.85-0.060.790.930.80.830.960.840.880.910.6-0.320.810.840.580.770.870.90.810.540.940.790.810.950.8
0.94-0.020.910.850.760.940.850.840.830.790.64-0.650.810.920.850.840.910.910.860.240.90.870.740.830.95
0.99-0.150.990.830.670.990.840.780.750.810.49-0.750.840.920.850.660.980.870.970.460.910.980.790.880.83
0.85-0.030.890.650.60.870.620.660.590.490.33-0.840.580.850.850.540.820.750.80.390.720.870.620.60.77
0.740.030.620.890.770.720.850.890.890.730.86-0.230.770.840.660.540.680.830.590.120.80.560.660.730.9
0.98-0.060.960.850.680.970.890.790.770.840.51-0.680.870.910.980.820.680.870.960.50.910.960.860.90.81
0.880.10.830.940.840.870.940.930.950.870.54-0.420.90.910.870.750.830.870.850.520.980.810.830.930.9
0.94-0.030.940.790.670.930.840.780.720.840.38-0.670.810.860.970.80.590.960.850.510.910.940.820.90.74
0.420.170.430.480.390.420.50.410.480.47-0.09-0.150.540.240.460.390.120.50.520.510.520.490.580.550.18
0.910.030.860.940.830.890.960.910.930.930.53-0.440.940.90.910.720.80.910.980.910.520.850.840.980.87
0.96-0.230.990.770.580.970.770.690.670.720.4-0.810.790.870.980.870.560.960.810.940.490.850.750.820.78
0.780.250.750.80.620.750.910.770.850.810.42-0.350.810.740.790.620.660.860.830.820.580.840.750.850.72
0.870.050.810.90.780.840.950.860.890.980.48-0.360.950.830.880.60.730.90.930.90.550.980.820.850.78
0.86-0.070.820.870.760.860.850.840.860.710.69-0.530.80.950.830.770.90.810.90.740.180.870.780.720.78
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JCHX Mining Account Relationship Matchups

JCHX Mining fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.1B8.7B11.3B13.6B17.0B17.8B
Other Current Liab306.9M454.4M641.3M45.8M35.9M34.1M
Total Current Liabilities2.1B2.2B3.3B3.8B5.8B6.1B
Total Stockholder Equity4.7B5.3B6.1B7.2B9.0B4.8B
Other Liab63.0M127.8M146.1M128.6M147.9M89.6M
Retained Earnings2.4B2.8B3.2B4.1B5.5B5.8B
Accounts Payable871.7M942.4M1.5B1.5B1.6B900.9M
Cash2.1B1.8B2.1B1.9B2.6B1.5B
Other Assets148.1M150.2M182.3M246.4M283.3M148.0M
Long Term Debt976.8M941.2M1.5B2.1B1.2B867.8M
Net Receivables2.0B2.0B2.0B2.4B2.2B2.2B
Inventory658.3M792.5M1.2B1.7B1.6B819.0M
Other Current Assets207.2M224.6M240.1M227.2M346.1M363.4M
Total Liab3.3B3.3B5.1B6.3B7.9B8.3B
Intangible Assets420.4M635.9M647.8M78.9M1.4B1.4B
Property Plant Equipment1.4B1.4B1.8B3.4B4.0B4.2B
Net Tangible Assets4.0B3.8B4.3B4.7B5.3B4.3B
Other Stockholder Equity68.0M232.0M154.7M332.9M382.8M401.9M
Deferred Long Term Liab2.0M4.8M3.6M8.8M10.1M5.6M
Total Current Assets5.9B5.8B6.5B7.3B8.1B6.0B
Non Current Assets Total2.2B2.9B4.7B6.3B8.9B9.4B
Non Currrent Assets Other63.0M110.5M250.6M164.7M200.4M131.3M
Non Current Liabilities Total1.1B1.1B1.8B2.5B2.1B1.2B
Short Long Term Debt608.6M433.4M583.5M740.1M971.8M652.7M
Net Invested Capital6.3B6.7B8.2B10.0B11.1B7.9B
Net Working Capital3.7B3.6B3.3B3.5B2.3B3.4B
Property Plant And Equipment Net1.4B1.8B3.4B5.2B6.3B3.6B
Property Plant And Equipment Gross2.4B3.0B3.4B7.0B6.3B4.5B

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Other Information on Investing in JCHX Stock

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