Quectel Inventory vs Short Long Term Debt Analysis

603236 Stock

49.91 0.68 1.38%

Quectel Wireless financial indicator trend analysis is much more than just breaking down Quectel Wireless Sol prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quectel Wireless Sol is a good investment. Please check the relationship between Quectel Wireless Inventory and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Quectel Wireless Solutions. 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.

Inventory vs Short Long Term Debt

Inventory vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quectel Wireless Sol Inventory account and Short Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Quectel Wireless' Inventory and Short Long Term Debt is 0.82. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Quectel Wireless Solutions, assuming nothing else is changed. The correlation between historical values of Quectel Wireless' Inventory and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Quectel Wireless Solutions are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Inventory i.e., Quectel Wireless' Inventory and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Inventory

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most indicators from Quectel Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quectel Wireless Sol 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 Quectel Wireless Solutions. 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 (7.2 M). In addition to that, Selling General Administrative is expected to decline to about 354.9 M

	2021	2022	2023	2024 (projected)
Gross Profit	2.0B	2.8B	2.6B	1.4B
Total Revenue	11.3B	14.2B	13.9B	7.5B

Gross Profit Total Revenue

Quectel Wireless fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.83	0.93	0.93	0.99	0.92	0.99	0.91	0.99	0.89	0.92	1.0	0.88	-0.95	1.0	0.88	0.82	0.93	0.96	0.91	1.0	0.77	0.89	0.94	0.94	0.93
Other Current Liab	0.83		0.92	0.9	0.83	0.9	0.74	0.87	0.76	0.87	0.92	0.83	0.77	-0.84	0.81	0.82	0.97	0.9	0.7	0.85	0.84	0.89	0.66	0.93	0.85	0.76
Total Current Liabilities	0.93	0.92		0.98	0.92	0.98	0.87	0.97	0.89	0.96	0.98	0.93	0.81	-0.9	0.91	0.95	0.9	1.0	0.85	0.98	0.93	0.81	0.89	0.99	0.97	0.94
Total Stockholder Equity	0.93	0.9	0.98		0.94	0.99	0.87	0.97	0.88	0.98	0.99	0.92	0.81	-0.87	0.9	0.97	0.89	0.99	0.83	0.97	0.91	0.86	0.88	0.99	0.98	0.91
Net Tangible Assets	0.99	0.83	0.92	0.94		0.92	0.98	0.9	0.97	0.91	0.93	0.99	0.9	-0.92	0.98	0.9	0.82	0.93	0.93	0.9	0.98	0.81	0.88	0.93	0.94	0.91
Retained Earnings	0.92	0.9	0.98	0.99	0.92		0.86	0.99	0.87	0.95	0.99	0.91	0.74	-0.89	0.9	0.94	0.9	0.99	0.86	0.97	0.9	0.79	0.88	0.99	0.98	0.91
Accounts Payable	0.99	0.74	0.87	0.87	0.98	0.86		0.85	1.0	0.84	0.85	0.99	0.89	-0.92	0.99	0.83	0.72	0.88	0.96	0.87	0.98	0.69	0.9	0.88	0.9	0.92
Cash	0.91	0.87	0.97	0.97	0.9	0.99	0.85		0.87	0.91	0.98	0.9	0.7	-0.92	0.9	0.9	0.86	0.98	0.88	0.98	0.89	0.74	0.9	0.98	0.99	0.93
Non Current Assets Total	0.99	0.76	0.89	0.88	0.97	0.87	1.0	0.87		0.83	0.86	0.99	0.89	-0.95	1.0	0.83	0.75	0.89	0.97	0.88	0.99	0.7	0.9	0.89	0.9	0.93
Other Assets	0.89	0.87	0.96	0.98	0.91	0.95	0.84	0.91	0.83		0.96	0.88	0.82	-0.79	0.86	0.99	0.86	0.96	0.76	0.94	0.87	0.88	0.85	0.95	0.94	0.87
Net Receivables	0.92	0.92	0.98	0.99	0.93	0.99	0.85	0.98	0.86	0.96		0.91	0.77	-0.88	0.89	0.95	0.92	0.99	0.83	0.96	0.9	0.86	0.85	0.99	0.97	0.89
Inventory	1.0	0.83	0.93	0.92	0.99	0.91	0.99	0.9	0.99	0.88	0.91		0.9	-0.95	1.0	0.87	0.82	0.93	0.95	0.9	1.0	0.77	0.88	0.93	0.92	0.92
Other Current Assets	0.88	0.77	0.81	0.81	0.9	0.74	0.89	0.7	0.89	0.82	0.77	0.9		-0.8	0.88	0.77	0.7	0.8	0.75	0.76	0.9	0.82	0.74	0.8	0.78	0.8
Other Stockholder Equity	-0.95	-0.84	-0.9	-0.87	-0.92	-0.89	-0.92	-0.92	-0.95	-0.79	-0.88	-0.95	-0.8		-0.96	-0.76	-0.81	-0.9	-0.96	-0.89	-0.96	-0.69	-0.86	-0.92	-0.92	-0.92
Total Liab	1.0	0.81	0.91	0.9	0.98	0.9	0.99	0.9	1.0	0.86	0.89	1.0	0.88	-0.96		0.85	0.8	0.92	0.97	0.9	1.0	0.73	0.89	0.92	0.92	0.93
Deferred Long Term Liab	0.88	0.82	0.95	0.97	0.9	0.94	0.83	0.9	0.83	0.99	0.95	0.87	0.77	-0.76	0.85		0.83	0.95	0.77	0.93	0.86	0.81	0.85	0.94	0.92	0.87
Short Long Term Debt	0.82	0.97	0.9	0.89	0.82	0.9	0.72	0.86	0.75	0.86	0.92	0.82	0.7	-0.81	0.8	0.83		0.88	0.71	0.81	0.82	0.85	0.62	0.92	0.83	0.71
Total Current Assets	0.93	0.9	1.0	0.99	0.93	0.99	0.88	0.98	0.89	0.96	0.99	0.93	0.8	-0.9	0.92	0.95	0.88		0.86	0.99	0.92	0.81	0.91	0.99	0.98	0.95
Intangible Assets	0.96	0.7	0.85	0.83	0.93	0.86	0.96	0.88	0.97	0.76	0.83	0.95	0.75	-0.96	0.97	0.77	0.71	0.86		0.86	0.95	0.58	0.89	0.87	0.9	0.92
Common Stock	0.91	0.85	0.98	0.97	0.9	0.97	0.87	0.98	0.88	0.94	0.96	0.9	0.76	-0.89	0.9	0.93	0.81	0.99	0.86		0.9	0.74	0.94	0.97	0.98	0.97
Property Plant Equipment	1.0	0.84	0.93	0.91	0.98	0.9	0.98	0.89	0.99	0.87	0.9	1.0	0.9	-0.96	1.0	0.86	0.82	0.92	0.95	0.9		0.76	0.87	0.93	0.92	0.92
Non Currrent Assets Other	0.77	0.89	0.81	0.86	0.81	0.79	0.69	0.74	0.7	0.88	0.86	0.77	0.82	-0.69	0.73	0.81	0.85	0.81	0.58	0.74	0.76		0.59	0.83	0.78	0.65
Common Stock Shares Outstanding	0.89	0.66	0.89	0.88	0.88	0.88	0.9	0.9	0.9	0.85	0.85	0.88	0.74	-0.86	0.89	0.85	0.62	0.91	0.89	0.94	0.87	0.59		0.87	0.94	0.99
Net Invested Capital	0.94	0.93	0.99	0.99	0.93	0.99	0.88	0.98	0.89	0.95	0.99	0.93	0.8	-0.92	0.92	0.94	0.92	0.99	0.87	0.97	0.93	0.83	0.87		0.98	0.92
Net Working Capital	0.94	0.85	0.97	0.98	0.94	0.98	0.9	0.99	0.9	0.94	0.97	0.92	0.78	-0.92	0.92	0.92	0.83	0.98	0.9	0.98	0.92	0.78	0.94	0.98		0.96
Capital Stock	0.93	0.76	0.94	0.91	0.91	0.91	0.92	0.93	0.93	0.87	0.89	0.92	0.8	-0.92	0.93	0.87	0.71	0.95	0.92	0.97	0.92	0.65	0.99	0.92	0.96

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Quectel Wireless Account Relationship Matchups

Quectel Wireless fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	4.6B	8.1B	10.3B	11.2B	11.8B
Other Current Liab	32.6M	111.0M	397.6M	377.4M	199.8M	162.3M
Total Current Liabilities	1.2B	2.6B	4.6B	5.5B	5.6B	2.9B
Total Stockholder Equity	1.7B	1.9B	3.2B	3.7B	3.6B	2.1B
Net Tangible Assets	1.7B	1.8B	3.1B	3.3B	3.8B	4.0B
Retained Earnings	452.9M	597.3M	898.3M	1.4B	1.2B	688.4M
Accounts Payable	850.8M	1.5B	2.3B	2.7B	4.1B	4.3B
Cash	601.2M	610.6M	1.1B	2.2B	1.9B	942.2M
Non Current Assets Total	374.0M	889.8M	1.5B	2.0B	2.7B	2.8B
Other Assets	79.3M	100.0M	140.5M	126.4M	145.4M	75.9M
Net Receivables	874.1M	871.5M	1.6B	2.1B	1.7B	1.1B
Inventory	724.3M	1.4B	2.7B	3.0B	3.5B	3.7B
Other Current Assets	57.3M	144.0M	505.9M	139.7M	417.2M	438.1M
Other Stockholder Equity	21.3K	79.1K	(31.5M)	(55.2M)	(49.7M)	(47.2M)
Total Liab	1.2B	2.7B	4.9B	6.6B	7.6B	8.0B
Deferred Long Term Liab	44.7M	68.4M	67.9M	72.4M	83.3M	44.3M
Short Long Term Debt	236.5M	873.0M	1.7B	2.0B	719.6M	884.6M
Total Current Assets	2.6B	3.7B	6.6B	8.3B	8.5B	4.4B
Intangible Assets	53.8M	93.9M	118.3M	377.6M	395.6M	415.3M
Common Stock	89.2M	107.0M	145.4M	189.0M	217.3M	112.2M
Property Plant Equipment	180.9M	595.4M	1.2B	1.4B	1.6B	1.7B
Non Currrent Assets Other	29.0M	15.6M	59.6M	33.2M	24.5M	26.8M
Net Invested Capital	2.0B	2.8B	5.1B	6.7B	5.8B	3.7B
Net Working Capital	1.3B	1.1B	2.0B	2.8B	3.0B	1.7B
Capital Stock	89.2M	107.0M	145.4M	189.0M	264.6M	158.0M

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Other Information on Investing in Quectel Stock

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

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Quectel Inventory vs Short Long Term Debt Analysis

Inventory vs Short Long Term Debt

Inventory vs Short Long Term Debt Correlation Analysis

Correlation Coefficient

Inventory

Short Long Term Debt

Quectel Wireless fundamental ratios Correlations

Quectel Wireless Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Quectel Wireless fundamental ratios Accounts

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Other Information on Investing in Quectel Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Accounts Payable
Total Liab	+ 1.0	Non Current Assets Total

Property Plant Equipment	- 0.96	Other Stockholder Equity
Intangible Assets	- 0.96	Other Stockholder Equity
Total Liab	- 0.96	Other Stockholder Equity
Other Stockholder Equity	- 0.95	Inventory
Other Stockholder Equity	- 0.95	Non Current Assets Total
Other Stockholder Equity	- 0.95	Total Assets