601665 Stock | | | 5.08 0.06 1.20% |
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 Net Debt and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Qilu Bank Co. 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.
Net Debt vs Common Stock Shares Outstanding
Net Debt vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qilu Bank Net Debt account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Qilu Bank's Net Debt and Common Stock Shares Outstanding is 0.43. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding 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 Net Debt 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 Debt of Qilu Bank Co 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 Debt i.e., Qilu Bank's Net Debt and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
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 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, which includes a position in Qilu Bank Co. 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
Selling General Administrative is expected to grow to about 3.3
B. The current year's
Tax Provision is expected to grow to about 215.5
MQilu Bank fundamental ratios Correlations
Click cells to compare fundamentals
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
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.