Qingdao Short Term Investments vs Short Long Term 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 Short Term Investments and its Short Long Term 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.

Short Term Investments vs Short Long Term Debt

Short Term Investments vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qingdao Baheal Medical Short Term Investments account and Short Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Qingdao Baheal's Short Term Investments and Short Long Term Debt is 0.65. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Short Long Term 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 Short Term Investments and Short Long Term 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 Short Term Investments of Qingdao Baheal Medical are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Short Term Investments i.e., Qingdao Baheal's Short Term Investments and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Qingdao Baheal balance sheet. It contains any investments Qingdao Baheal Medical undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Qingdao Baheal Medical can easily liquidate in the marketplace.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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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0.95-0.7-0.170.980.980.81-0.180.920.850.92-0.830.860.820.9-0.080.820.97-0.810.930.860.880.82-0.94-0.580.61
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
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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.