Qingdao Property Plant And Equipment Net vs Net Debt 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 Property Plant And Equipment Net and its Net Debt 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.
Property Plant And Equipment Net vs Net Debt
Property Plant And Equipment Net vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qingdao Baheal Medical Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Qingdao Baheal's Property Plant And Equipment Net and Net Debt is -0.83. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt 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 Property Plant And Equipment Net and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Qingdao Baheal Medical are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Qingdao Baheal's Property Plant And Equipment Net and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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.