Qilu Non Currrent Assets Other vs Capital Stock Analysis

601665 Stock   5.00  0.23  4.40%   
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 Non Currrent Assets Other and its Capital Stock 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.

Non Currrent Assets Other vs Capital Stock

Non Currrent Assets Other vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qilu Bank Non Currrent Assets Other account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Qilu Bank's Non Currrent Assets Other and Capital Stock is 0.96. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Capital Stock 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 Non Currrent Assets Other and Capital Stock 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 Currrent Assets Other of Qilu Bank Co are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Non Currrent Assets Other i.e., Qilu Bank's Non Currrent Assets Other and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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 M
 2021 2022 2023 2024 (projected)
Gross Profit9.7B10.9B12.6B13.2B
Total Revenue9.7B10.9B11.8B12.4B

Qilu Bank fundamental ratios Correlations

0.961.00.920.751.00.750.920.870.930.890.80.991.00.360.760.86-0.890.840.870.89-0.860.86
0.960.970.840.650.960.70.980.830.980.940.880.950.950.490.80.75-0.790.720.760.79-0.750.75
1.00.970.910.721.00.760.930.870.940.910.830.991.00.380.790.83-0.870.810.850.87-0.840.84
0.920.840.910.690.910.580.790.750.80.720.730.950.920.110.650.9-0.960.840.90.91-0.980.98
0.750.650.720.690.760.330.510.470.530.480.430.740.750.210.330.74-0.710.830.80.79-0.730.72
1.00.961.00.910.760.740.920.850.920.890.820.991.00.380.760.85-0.880.830.860.88-0.850.85
0.750.70.760.580.330.740.740.860.740.840.610.710.750.470.760.46-0.480.460.470.49-0.470.46
0.920.980.930.790.510.920.740.871.00.950.850.90.920.460.810.69-0.720.650.690.72-0.690.69
0.870.830.870.750.470.850.860.870.870.90.690.840.870.240.770.65-0.670.650.670.67-0.670.66
0.930.980.940.80.530.920.741.00.870.950.840.910.930.450.810.7-0.730.670.710.73-0.70.7
0.890.940.910.720.480.890.840.950.90.950.850.870.890.530.860.6-0.630.570.610.64-0.60.6
0.80.880.830.730.430.820.610.850.690.840.850.810.790.520.90.69-0.670.580.650.68-0.590.64
0.990.950.990.950.740.990.710.90.840.910.870.810.990.320.760.87-0.910.840.880.9-0.890.89
1.00.951.00.920.751.00.750.920.870.930.890.790.990.360.760.86-0.890.840.880.89-0.870.86
0.360.490.380.110.210.380.470.460.240.450.530.520.320.360.510.07-0.070.060.070.10.0-0.01
0.760.80.790.650.330.760.760.810.770.810.860.90.760.760.510.64-0.550.580.610.63-0.490.55
0.860.750.830.90.740.850.460.690.650.70.60.690.870.860.070.64-0.920.970.990.98-0.870.92
-0.89-0.79-0.87-0.96-0.71-0.88-0.48-0.72-0.67-0.73-0.63-0.67-0.91-0.89-0.07-0.55-0.92-0.84-0.92-0.910.96-0.95
0.840.720.810.840.830.830.460.650.650.670.570.580.840.840.060.580.97-0.840.990.97-0.830.88
0.870.760.850.90.80.860.470.690.670.710.610.650.880.880.070.610.99-0.920.990.99-0.880.92
0.890.790.870.910.790.880.490.720.670.730.640.680.90.890.10.630.98-0.910.970.99-0.880.92
-0.86-0.75-0.84-0.98-0.73-0.85-0.47-0.69-0.67-0.7-0.6-0.59-0.89-0.870.0-0.49-0.870.96-0.83-0.88-0.88-0.99
0.860.750.840.980.720.850.460.690.660.70.60.640.890.86-0.010.550.92-0.950.880.920.92-0.99
Click cells to compare fundamentals

Qilu Bank Account Relationship Matchups

Qilu Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets307.5B360.2B433.4B506.0B604.8B635.1B
Short Long Term Debt Total39.3B40.0B42.1B46.5B53.5B56.2B
Total Stockholder Equity22.5B27.1B32.4B35.3B41.6B43.6B
Property Plant And Equipment Net857.5M1.0B2.7B2.6B2.6B2.7B
Net Debt6.0B2.2B1.8B4.5B22.6B23.7B
Retained Earnings4.7B5.3B6.2B7.5B9.1B9.5B
Cash33.3B37.8B40.3B42.1B46.5B48.8B
Other Assets145.6B174.1B216.5B256.1B294.5B309.2B
Cash And Short Term Investments33.3B37.8B40.3B42.1B48.4B50.8B
Common Stock Shares Outstanding4.3B4.3B4.7B5.1B4.7B3.4B
Liabilities And Stockholders Equity307.5B360.2B433.4B506.0B581.9B611.0B
Other Stockholder Equity11.6B15.7B21.6B23.2B26.7B28.1B
Total Liab284.9B332.9B400.8B470.4B563.0B591.1B
Intangible Assets65.3M42.5M20.3M27.8M26.9M27.1M

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.