JFU Stock | | | USD 1.40 0.04 2.78% |
9F financial indicator trend analysis is way more than just evaluating 9F Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 9F Inc is a good investment. Please check the relationship between 9F Non Current Assets Total and its Net Receivables accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 9F Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Non Current Assets Total vs Net Receivables
Non Current Assets Total vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
9F Inc Non Current Assets Total account and
Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between 9F's Non Current Assets Total and Net Receivables is 0.41. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of 9F Inc, assuming nothing else is changed. The correlation between historical values of 9F's Non Current Assets Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of 9F Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Assets Total i.e., 9F's Non Current Assets Total and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Net Receivables
Most indicators from 9F's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 9F Inc 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 9F Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, 9F's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 14.21 in 2024, whereas
Tax Provision is likely to drop slightly above 7.4
M in 2024.
9F fundamental ratios Correlations
Click cells to compare fundamentals
9F Account Relationship Matchups
High Positive Relationship
High Negative Relationship
9F fundamental ratios Accounts
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Additional Tools for 9F Stock Analysis
When running 9F's price analysis, check to
measure 9F'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 9F is operating at the current time. Most of 9F's value examination focuses on studying past and present price action to
predict the probability of 9F's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 9F's price. Additionally, you may evaluate how the addition of 9F to your portfolios can decrease your overall portfolio volatility.