China Jo Jo Drugstores Stock Current Liabilities
| CJJD Stock | USD 2.60 0.13 5.26% |
China Jo Jo Drugstores fundamentals help investors to digest information that contributes to China Jo's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China Jo's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to China Jo stock.
As of May 8, 2024, Total Current Liabilities is expected to decline to about 44 M. In addition to that, Non Current Liabilities Total is expected to decline to about 4.7 M. China | Current Liabilities |
China Jo Jo Drugstores Company Current Liabilities Analysis
China Jo's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current China Jo Current Liabilities | 42.12 M |
Most of China Jo's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, China Jo Jo Drugstores is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
China Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for China Jo is extremely important. It helps to project a fair market value of China Stock properly, considering its historical fundamentals such as Current Liabilities. Since China Jo's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of China Jo's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of China Jo's interrelated accounts and indicators.
Click cells to compare fundamentals
China Current Liabilities Historical Pattern
Today, most investors in China Jo Stock are looking for potential investment opportunities by analyzing not only static indicators but also various China Jo's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of China Jo current liabilities as a starting point in their analysis.
China Jo Current Liabilities |
| Timeline |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
| Competition |
China Liabilities And Stockholders Equity
Liabilities And Stockholders Equity |
|
In accordance with the recently published financial statements, China Jo Jo Drugstores has a Current Liabilities of 42.12 M. This is 97.6% lower than that of the Consumer Staples Distribution & Retail sector and significantly higher than that of the Consumer Staples industry. The current liabilities for all United States stocks is 99.47% higher than that of the company.
China Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Jo's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of China Jo could also be used in its relative valuation, which is a method of valuing China Jo by comparing valuation metrics of similar companies.China Jo is currently under evaluation in current liabilities category among related companies.
China Jo Current Valuation Drivers
We derive many important indicators used in calculating different scores of China Jo from analyzing China Jo's financial statements. These drivers represent accounts that assess China Jo's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of China Jo's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 59.4M | 45.7M | 1.1M | 45.7M | 105.0M | 99.8M | |
| Enterprise Value | 97.7M | 70.4M | 31.3M | 69.0M | 105.0M | 99.8M |
China Fundamentals
| Return On Equity | -1.09 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 21.17 M | ||||
| Shares Outstanding | 2.16 M | ||||
| Shares Owned By Insiders | 17.28 % | ||||
| Shares Owned By Institutions | 0.87 % | ||||
| Number Of Shares Shorted | 20.46 K | ||||
| Price To Earning | (4.60) X | ||||
| Price To Book | 0.28 X | ||||
| Price To Sales | 0.03 X | ||||
| Revenue | 148.81 M | ||||
| Gross Profit | 34.28 M | ||||
| EBITDA | (7.28 M) | ||||
| Net Income | (21.14 M) | ||||
| Cash And Equivalents | 18.55 M | ||||
| Cash Per Share | 5.33 X | ||||
| Total Debt | 42.16 M | ||||
| Debt To Equity | 2.14 % | ||||
| Current Ratio | 1.01 X | ||||
| Book Value Per Share | 11.22 X | ||||
| Cash Flow From Operations | (3.28 M) | ||||
| Short Ratio | 7.06 X | ||||
| Earnings Per Share | (4.40) X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 885 | ||||
| Beta | -0.021 | ||||
| Market Capitalization | 5.35 M | ||||
| Total Asset | 90.97 M | ||||
| Retained Earnings | (69.27 M) | ||||
| Working Capital | (2.05 M) | ||||
| Current Asset | 46.88 M | ||||
| Current Liabilities | 42.12 M | ||||
| Net Asset | 90.97 M |
About China Jo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Jo Jo Drugstores's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Jo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Jo Jo Drugstores based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with China Jo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Jo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Jo will appreciate offsetting losses from the drop in the long position's value.Moving against China Stock
| 0.78 | SFM | Sprouts Farmers Market | PairCorr |
| 0.72 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
| 0.66 | AVO | Mission Produce Financial Report 13th of June 2024 | PairCorr |
| 0.64 | BJ | BJs Wholesale Club Financial Report 28th of May 2024 | PairCorr |
| 0.64 | WMT | Walmart Aggressive Push | PairCorr |
The ability to find closely correlated positions to China Jo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Jo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Jo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Jo Jo Drugstores to buy it.
The correlation of China Jo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Jo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Jo Jo moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Jo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out China Jo Piotroski F Score and China Jo Altman Z Score analysis. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for China Stock analysis
When running China Jo's price analysis, check to measure China Jo's 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 China Jo is operating at the current time. Most of China Jo's value examination focuses on studying past and present price action to predict the probability of China Jo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Jo's price. Additionally, you may evaluate how the addition of China Jo to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |
Is China Jo's 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 China Jo. If investors know China 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 China Jo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.40) | Revenue Per Share 155.543 | Quarterly Revenue Growth 0.08 | Return On Assets (0.12) | Return On Equity (1.09) |
The market value of China Jo Jo is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Jo's value that differs from its market value or its book value, called intrinsic value, which is China Jo'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 China Jo's market value can be influenced by many factors that don't directly affect China Jo'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 China Jo's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Jo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Jo'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.