Qilu Common Stock vs Total Assets Analysis

601665 Stock

5.88 0.06 1.03%

Qilu Bank financial indicator trend analysis is much more than just breaking down Qilu Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qilu Bank is a good investment. Please check the relationship between Qilu Bank Common Stock and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qilu Bank Common Stock account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Qilu Bank's Common Stock and Total Assets is 0.74. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of Qilu Bank Co, assuming nothing else is changed. The correlation between historical values of Qilu Bank's Common Stock and Total 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 Common Stock of Qilu Bank Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., Qilu Bank's Common Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

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Common Stock

Total Assets

Total assets refers to the total amount of Qilu Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Qilu Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Qilu Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qilu Bank 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 215.5 M, whereas Selling General Administrative is forecasted to decline to about 1.4 B.

	2022	2024	2025 (projected)
Gross Profit	10.9B	12.6B	13.2B
Total Revenue	10.9B	13.6B	14.3B

Gross Profit Total Revenue

Qilu Bank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Intangible Assets	Common Stock	Non Current Assets Total	Non Currrent Assets Other	Net Invested Capital	Long Term Investments	Total Current Assets	Capital Stock	Property Plant And Equipment Gross
Total Assets		0.94	1.0	0.94	0.83	1.0	0.72	0.93	0.86	0.91	0.86	0.8	0.99	1.0	0.35	0.74	0.88	-0.89	0.84	0.87	0.91	-0.9	0.89
Short Long Term Debt Total	0.94		0.96	0.86	0.68	0.95	0.7	0.98	0.84	0.98	0.94	0.89	0.95	0.94	0.5	0.81	0.77	-0.79	0.69	0.74	0.81	-0.78	0.77
Total Stockholder Equity	1.0	0.96		0.94	0.81	1.0	0.73	0.95	0.87	0.92	0.89	0.82	0.99	1.0	0.37	0.77	0.87	-0.88	0.81	0.85	0.9	-0.89	0.87
Property Plant And Equipment Net	0.94	0.86	0.94		0.78	0.94	0.58	0.84	0.78	0.81	0.73	0.75	0.96	0.95	0.14	0.66	0.92	-0.95	0.83	0.88	0.94	-0.99	0.97
Net Debt	0.83	0.68	0.81	0.78		0.84	0.36	0.63	0.53	0.57	0.51	0.54	0.77	0.83	0.22	0.4	0.79	-0.76	0.85	0.84	0.82	-0.8	0.79
Retained Earnings	1.0	0.95	1.0	0.94	0.84		0.71	0.93	0.85	0.91	0.87	0.81	0.99	1.0	0.36	0.74	0.87	-0.89	0.83	0.86	0.9	-0.89	0.88
Accounts Payable	0.72	0.7	0.73	0.58	0.36	0.71		0.74	0.86	0.74	0.84	0.61	0.71	0.72	0.48	0.76	0.47	-0.47	0.43	0.45	0.5	-0.48	0.47
Cash	0.93	0.98	0.95	0.84	0.63	0.93	0.74		0.89	1.0	0.95	0.84	0.93	0.93	0.45	0.8	0.75	-0.76	0.69	0.72	0.78	-0.76	0.75
Other Assets	0.86	0.84	0.87	0.78	0.53	0.85	0.86	0.89		0.88	0.9	0.72	0.85	0.86	0.26	0.78	0.67	-0.68	0.63	0.66	0.69	-0.7	0.69
Cash And Short Term Investments	0.91	0.98	0.92	0.81	0.57	0.91	0.74	1.0	0.88		0.95	0.85	0.91	0.9	0.46	0.82	0.72	-0.74	0.64	0.68	0.75	-0.73	0.71
Net Receivables	0.86	0.94	0.89	0.73	0.51	0.87	0.84	0.95	0.9	0.95		0.85	0.87	0.85	0.54	0.86	0.62	-0.63	0.55	0.58	0.65	-0.63	0.61
Common Stock Shares Outstanding	0.8	0.89	0.82	0.75	0.54	0.81	0.61	0.84	0.72	0.85	0.85		0.85	0.8	0.51	0.92	0.78	-0.72	0.68	0.73	0.77	-0.68	0.73
Other Stockholder Equity	0.99	0.95	0.99	0.96	0.77	0.99	0.71	0.93	0.85	0.91	0.87	0.85		0.98	0.34	0.78	0.88	-0.91	0.79	0.84	0.91	-0.91	0.89
Total Liab	1.0	0.94	1.0	0.95	0.83	1.0	0.72	0.93	0.86	0.9	0.85	0.8	0.98		0.34	0.74	0.88	-0.89	0.84	0.87	0.91	-0.9	0.89
Intangible Assets	0.35	0.5	0.37	0.14	0.22	0.36	0.48	0.45	0.26	0.46	0.54	0.51	0.34	0.34		0.52	0.12	-0.1	0.11	0.12	0.15	-0.04	0.05
Common Stock	0.74	0.81	0.77	0.66	0.4	0.74	0.76	0.8	0.78	0.82	0.86	0.92	0.78	0.74	0.52		0.67	-0.6	0.61	0.64	0.66	-0.56	0.62
Non Current Assets Total	0.88	0.77	0.87	0.92	0.79	0.87	0.47	0.75	0.67	0.72	0.62	0.78	0.88	0.88	0.12	0.67		-0.93	0.94	0.98	0.98	-0.93	0.97
Non Currrent Assets Other	-0.89	-0.79	-0.88	-0.95	-0.76	-0.89	-0.47	-0.76	-0.68	-0.74	-0.63	-0.72	-0.91	-0.89	-0.1	-0.6	-0.93		-0.82	-0.88	-0.91	0.94	-0.93
Net Invested Capital	0.84	0.69	0.81	0.83	0.85	0.83	0.43	0.69	0.63	0.64	0.55	0.68	0.79	0.84	0.11	0.61	0.94	-0.82		0.99	0.93	-0.84	0.9
Long Term Investments	0.87	0.74	0.85	0.88	0.84	0.86	0.45	0.72	0.66	0.68	0.58	0.73	0.84	0.87	0.12	0.64	0.98	-0.88	0.99		0.96	-0.89	0.94
Total Current Assets	0.91	0.81	0.9	0.94	0.82	0.9	0.5	0.78	0.69	0.75	0.65	0.77	0.91	0.91	0.15	0.66	0.98	-0.91	0.93	0.96		-0.93	0.96
Capital Stock	-0.9	-0.78	-0.89	-0.99	-0.8	-0.89	-0.48	-0.76	-0.7	-0.73	-0.63	-0.68	-0.91	-0.9	-0.04	-0.56	-0.93	0.94	-0.84	-0.89	-0.93		-0.98
Property Plant And Equipment Gross	0.89	0.77	0.87	0.97	0.79	0.88	0.47	0.75	0.69	0.71	0.61	0.73	0.89	0.89	0.05	0.62	0.97	-0.93	0.9	0.94	0.96	-0.98

Click cells to compare fundamentals

Qilu Bank Account Relationship Matchups

Qilu Bank fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	360.2B	433.4B	506.0B	604.8B	695.5B	730.3B
Short Long Term Debt Total	39.3B	40.0B	42.1B	46.5B	53.5B	56.2B
Total Stockholder Equity	27.1B	32.4B	35.3B	41.6B	47.8B	50.2B
Property Plant And Equipment Net	1.0B	2.7B	2.6B	2.6B	2.9B	3.1B
Net Debt	2.2B	1.8B	4.5B	22.6B	26.0B	27.3B
Retained Earnings	5.3B	6.2B	7.5B	9.1B	10.4B	10.9B
Cash	37.8B	40.3B	42.1B	46.5B	53.4B	56.1B
Other Assets	145.6B	174.1B	216.5B	256.1B	294.5B	309.2B
Cash And Short Term Investments	33.3B	37.8B	40.3B	42.1B	48.4B	50.8B
Common Stock Shares Outstanding	4.3B	4.7B	5.1B	4.7B	5.4B	3.4B
Liabilities And Stockholders Equity	307.5B	360.2B	433.4B	506.0B	581.9B	611.0B
Other Stockholder Equity	11.6B	15.7B	21.6B	23.2B	26.7B	28.1B
Total Liab	332.9B	400.8B	470.4B	563.0B	647.4B	679.8B
Intangible Assets	42.5M	20.3M	27.8M	26.9M	31.0M	27.1M
Net Invested Capital	65.0B	73.9B	81.3B	110.6B	127.2B	85.9B
Long Term Investments	147.3B	173.9B	205.2B	250.9B	288.5B	199.1B

Currently Active Assets on Macroaxis

V	Visa Class A
GM	General Motors
C	Citigroup
BAC	Bank of America
DD	Dupont De Nemours

Other Information on Investing in Qilu Stock

Balance Sheet is a snapshot of the financial position of Qilu Bank at a specified time, usually calculated after every quarter, six months, or one year. Qilu Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qilu Bank 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 Qilu currently owns. An asset can also be divided into two categories, current and non-current.

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Qilu Common Stock vs Total Assets Analysis

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

Correlation Coefficient

Common Stock

Total Assets

Qilu Bank fundamental ratios Correlations

Qilu Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Qilu Bank fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Qilu Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Retained Earnings

Capital Stock	- 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.98	Capital Stock
Non Currrent Assets Other	- 0.95	Property Plant And Equipment Net
Capital Stock	- 0.93	Total Current Assets
Property Plant And Equipment Gross	- 0.93	Non Currrent Assets Other
Capital Stock	- 0.93	Non Current Assets Total