Qilu Other Assets vs Non Current Assets Total Analysis

601665 Stock   5.21  0.05  0.95%   
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 Other Assets and its Non Current Assets Total 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.

Other Assets vs Non Current Assets Total

Other Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qilu Bank Other Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Qilu Bank's Other Assets and Non Current Assets Total is 0.65. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Current Assets Total 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 Other Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Qilu Bank Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Assets i.e., Qilu Bank's Other Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and 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, 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.