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 Total Assets and its Net Invested Capital 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.
Total Assets vs Net Invested Capital
Total Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qilu Bank Total Assets account and
Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Qilu Bank's Total Assets and Net Invested Capital is 0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested Capital 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 Total Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Qilu Bank Co are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., Qilu Bank's Total Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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.