Qingdao Net Receivables vs Common Stock Shares Outstanding 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 Net Receivables and its Common Stock Shares Outstanding 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.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qingdao Baheal Medical Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Qingdao Baheal's Net Receivables and Common Stock Shares Outstanding is 0.92. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding 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 Net Receivables and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Qingdao Baheal Medical are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Qingdao Baheal's Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Expense61.1M58.1M60.7M92.5M
Interest Income7.0M7.6M11.1M18.2M

Qingdao Baheal fundamental ratios Correlations

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-0.77-0.19-0.72-0.73-0.680.17-0.56-0.92-0.80.44-0.68-0.54-0.87-0.11-0.8-0.780.3-0.81-0.68-0.7-0.4-0.40.670.19-0.22
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0.99-0.730.01.00.91-0.270.940.90.98-0.870.910.760.95-0.190.90.99-0.690.980.910.980.810.87-0.94-0.610.71
0.95-0.680.160.90.91-0.60.910.920.95-0.910.90.710.94-0.20.980.92-0.470.940.90.810.660.91-0.86-0.740.85
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0.93-0.68-0.10.920.910.9-0.470.820.860.92-0.850.80.9-0.410.870.93-0.60.931.00.860.630.8-0.96-0.610.65
0.78-0.54-0.550.770.760.71-0.550.810.70.72-0.860.80.760.090.730.79-0.880.760.80.820.840.74-0.91-0.790.52
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0.95-0.80.160.890.90.98-0.570.890.970.96-0.860.870.730.98-0.050.93-0.470.950.870.820.660.85-0.85-0.690.75
1.0-0.78-0.010.990.990.92-0.330.930.940.99-0.860.930.790.97-0.170.93-0.670.990.930.970.790.85-0.95-0.610.68
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1.0-0.810.070.980.980.94-0.360.910.961.0-0.850.930.760.99-0.190.950.99-0.590.930.930.730.84-0.93-0.590.69
0.93-0.68-0.10.920.910.9-0.470.820.860.92-0.851.00.80.9-0.410.870.93-0.60.930.860.630.8-0.96-0.610.65
0.95-0.7-0.170.980.980.81-0.180.920.850.92-0.830.860.820.9-0.080.820.97-0.810.930.860.880.82-0.94-0.580.61
0.77-0.4-0.390.810.810.66-0.250.910.610.72-0.840.630.840.70.180.660.79-0.920.730.630.880.83-0.8-0.760.65
0.87-0.4-0.030.860.870.91-0.540.970.730.85-0.970.80.740.8-0.160.850.85-0.650.840.80.820.83-0.83-0.870.95
-0.940.670.27-0.95-0.94-0.860.42-0.89-0.85-0.910.89-0.96-0.91-0.90.22-0.85-0.950.78-0.93-0.96-0.94-0.8-0.830.67-0.63
-0.640.190.3-0.6-0.61-0.740.79-0.82-0.52-0.590.92-0.61-0.79-0.6-0.1-0.69-0.610.65-0.59-0.61-0.58-0.76-0.870.67-0.84
0.73-0.220.170.70.710.85-0.60.850.590.71-0.880.650.520.66-0.220.750.68-0.40.690.650.610.650.95-0.63-0.84
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Qingdao Baheal Account Relationship Matchups

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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.