Qingdao Non Current Liabilities Total vs Intangible Assets 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 Non Current Liabilities Total and its Intangible Assets 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.

Non Current Liabilities Total vs Intangible Assets

Non Current Liabilities Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qingdao Baheal Medical Non Current Liabilities Total account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Qingdao Baheal's Non Current Liabilities Total and Intangible Assets is 0.84. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Intangible Assets 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 Non Current Liabilities Total and Intangible Assets 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 Liabilities Total of Qingdao Baheal Medical are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Liabilities Total i.e., Qingdao Baheal's Non Current Liabilities Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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
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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
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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
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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.