Qingdao Inventory vs Capital Lease Obligations Analysis
301015 Stock | 27.53 0.20 0.73% |
Qingdao Baheal financial indicator trend analysis is much more than just breaking down Qingdao Baheal Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qingdao Baheal Medical is a good investment. Please check the relationship between Qingdao Baheal Inventory and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qingdao Baheal Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Inventory vs Capital Lease Obligations
Inventory vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qingdao Baheal Medical Inventory account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong relationship.
The correlation between Qingdao Baheal's Inventory and Capital Lease Obligations is 0.66. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Qingdao Baheal Medical, assuming nothing else is changed. The correlation between historical values of Qingdao Baheal's Inventory and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Qingdao Baheal Medical are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Inventory i.e., Qingdao Baheal's Inventory and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Capital Lease Obligations
Qingdao Baheal Medical capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Qingdao Baheal asset purchases. For example, Qingdao Baheal can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Qingdao Baheal control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Qingdao Baheal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qingdao Baheal Medical 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 Qingdao Baheal Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of December 11, 2024, Tax Provision is expected to decline to about 162.4 M. In addition to that, Selling General Administrative is expected to decline to about 1 B
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 61.1M | 58.1M | 60.7M | 92.5M | Interest Income | 7.0M | 7.6M | 11.1M | 18.2M |
Qingdao Baheal fundamental ratios Correlations
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Qingdao Baheal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Qingdao Stock
Balance Sheet is a snapshot of the financial position of Qingdao Baheal Medical at a specified time, usually calculated after every quarter, six months, or one year. Qingdao Baheal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qingdao Baheal 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 Qingdao currently owns. An asset can also be divided into two categories, current and non-current.