Qingdao Change In Working Capital vs Free Cash Flow Analysis

688190 Stock

83.12 0.70 0.84%

Qingdao Yunlu financial indicator trend analysis is much more than just breaking down Qingdao Yunlu Advanced prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qingdao Yunlu Advanced is a good investment. Please check the relationship between Qingdao Yunlu Change In Working Capital and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qingdao Yunlu Advanced. 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.

Change In Working Capital vs Free Cash Flow

Change In Working Capital vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qingdao Yunlu Advanced Change In Working Capital account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between Qingdao Yunlu's Change In Working Capital and Free Cash Flow is 0.2. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Qingdao Yunlu Advanced, assuming nothing else is changed. The correlation between historical values of Qingdao Yunlu's Change In Working Capital and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Qingdao Yunlu Advanced are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change In Working Capital i.e., Qingdao Yunlu's Change In Working Capital and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

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Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Qingdao Yunlu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qingdao Yunlu Advanced 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 Qingdao Yunlu Advanced. 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.

As of December 13, 2024, Tax Provision is expected to decline to about 23.1 M. In addition to that, Selling General Administrative is expected to decline to about 41.6 M

	2021	2022	2023	2024 (projected)
Interest Expense	86.1K	829.3K	2.0M	1.2M
Interest Income	831.7K	1.7M	1.5M	1.1M

Interest Expense Interest Income

Qingdao Yunlu fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations
Total Assets		0.82	0.92	1.0	-0.53	0.93	0.49	0.92	0.85	0.63	-0.53	0.88	0.99	0.72	0.89	0.77	0.98	1.0	-0.84	0.98	0.99	-0.53	0.98	0.61	0.96	0.8
Other Current Liab	0.82		0.72	0.82	-0.75	0.88	0.06	0.66	0.82	0.79	-0.75	0.91	0.83	0.89	0.93	0.56	0.87	0.82	-0.63	0.76	0.83	-0.75	0.76	0.66	0.94	0.98
Total Current Liabilities	0.92	0.72		0.92	-0.49	0.74	0.65	0.86	0.65	0.51	-0.49	0.68	0.89	0.48	0.77	0.75	0.95	0.92	-0.69	0.96	0.89	-0.49	0.95	0.39	0.89	0.68
Total Stockholder Equity	1.0	0.82	0.92		-0.53	0.93	0.5	0.92	0.85	0.63	-0.53	0.88	0.99	0.72	0.88	0.77	0.97	1.0	-0.85	0.98	0.99	-0.53	0.98	0.61	0.96	0.8
Net Debt	-0.53	-0.75	-0.49	-0.53		-0.61	-0.22	-0.54	-0.64	-0.95	1.0	-0.63	-0.61	-0.59	-0.6	-0.74	-0.59	-0.53	0.45	-0.45	-0.61	1.0	-0.45	-0.68	-0.62	-0.86
Retained Earnings	0.93	0.88	0.74	0.93	-0.61		0.22	0.8	0.97	0.76	-0.61	0.99	0.96	0.9	0.94	0.7	0.9	0.94	-0.79	0.85	0.96	-0.61	0.85	0.8	0.93	0.89
Accounts Payable	0.49	0.06	0.65	0.5	-0.22	0.22		0.72	0.13	0.15	-0.22	0.08	0.47	-0.21	0.09	0.71	0.45	0.49	-0.54	0.59	0.47	-0.22	0.59	-0.02	0.33	0.1
Cash	0.92	0.66	0.86	0.92	-0.54	0.8	0.72		0.68	0.56	-0.54	0.71	0.89	0.5	0.65	0.83	0.85	0.91	-0.94	0.94	0.89	-0.54	0.94	0.43	0.84	0.67
Non Current Assets Total	0.85	0.82	0.65	0.85	-0.64	0.97	0.13	0.68		0.82	-0.64	0.97	0.91	0.9	0.92	0.72	0.82	0.86	-0.65	0.73	0.91	-0.64	0.73	0.92	0.84	0.87
Non Currrent Assets Other	0.63	0.79	0.51	0.63	-0.95	0.76	0.15	0.56	0.82		-0.95	0.78	0.73	0.74	0.73	0.79	0.66	0.63	-0.49	0.51	0.73	-0.95	0.51	0.87	0.68	0.9
Long Term Debt	-0.53	-0.75	-0.49	-0.53	1.0	-0.61	-0.22	-0.54	-0.64	-0.95		-0.63	-0.61	-0.59	-0.6	-0.74	-0.59	-0.53	0.45	-0.45	-0.61	1.0	-0.45	-0.68	-0.62	-0.86
Net Receivables	0.88	0.91	0.68	0.88	-0.63	0.99	0.08	0.71	0.97	0.78	-0.63		0.91	0.95	0.95	0.63	0.86	0.89	-0.72	0.78	0.91	-0.63	0.79	0.83	0.91	0.92
Common Stock Shares Outstanding	0.99	0.83	0.89	0.99	-0.61	0.96	0.47	0.89	0.91	0.73	-0.61	0.91		0.76	0.9	0.83	0.96	0.99	-0.81	0.94	1.0	-0.61	0.94	0.72	0.95	0.84
Non Current Liabilities Total	0.72	0.89	0.48	0.72	-0.59	0.9	-0.21	0.5	0.9	0.74	-0.59	0.95	0.76		0.91	0.41	0.72	0.72	-0.55	0.59	0.76	-0.59	0.6	0.81	0.81	0.89
Inventory	0.89	0.93	0.77	0.88	-0.6	0.94	0.09	0.65	0.92	0.73	-0.6	0.95	0.9	0.91		0.59	0.92	0.89	-0.58	0.81	0.9	-0.6	0.81	0.76	0.94	0.91
Other Current Assets	0.77	0.56	0.75	0.77	-0.74	0.7	0.71	0.83	0.72	0.79	-0.74	0.63	0.83	0.41	0.59		0.73	0.77	-0.67	0.72	0.83	-0.74	0.72	0.66	0.67	0.67
Total Liab	0.98	0.87	0.95	0.97	-0.59	0.9	0.45	0.85	0.82	0.66	-0.59	0.86	0.96	0.72	0.92	0.73		0.97	-0.73	0.96	0.96	-0.59	0.96	0.58	0.98	0.84
Net Invested Capital	1.0	0.82	0.92	1.0	-0.53	0.94	0.49	0.91	0.86	0.63	-0.53	0.89	0.99	0.72	0.89	0.77	0.97		-0.84	0.98	0.99	-0.53	0.98	0.61	0.96	0.8
Short Long Term Debt	-0.84	-0.63	-0.69	-0.85	0.45	-0.79	-0.54	-0.94	-0.65	-0.49	0.45	-0.72	-0.81	-0.55	-0.58	-0.67	-0.73	-0.84		-0.85	-0.81	0.45	-0.86	-0.39	-0.79	-0.63
Total Current Assets	0.98	0.76	0.96	0.98	-0.45	0.85	0.59	0.94	0.73	0.51	-0.45	0.78	0.94	0.59	0.81	0.72	0.96	0.98	-0.85		0.94	-0.45	1.0	0.44	0.94	0.71
Capital Stock	0.99	0.83	0.89	0.99	-0.61	0.96	0.47	0.89	0.91	0.73	-0.61	0.91	1.0	0.76	0.9	0.83	0.96	0.99	-0.81	0.94		-0.61	0.94	0.72	0.95	0.84
Non Current Liabilities Other	-0.53	-0.75	-0.49	-0.53	1.0	-0.61	-0.22	-0.54	-0.64	-0.95	1.0	-0.63	-0.61	-0.59	-0.6	-0.74	-0.59	-0.53	0.45	-0.45	-0.61		-0.45	-0.68	-0.62	-0.86
Net Working Capital	0.98	0.76	0.95	0.98	-0.45	0.85	0.59	0.94	0.73	0.51	-0.45	0.79	0.94	0.6	0.81	0.72	0.96	0.98	-0.86	1.0	0.94	-0.45		0.44	0.94	0.71
Intangible Assets	0.61	0.66	0.39	0.61	-0.68	0.8	-0.02	0.43	0.92	0.87	-0.68	0.83	0.72	0.81	0.76	0.66	0.58	0.61	-0.39	0.44	0.72	-0.68	0.44		0.6	0.77
Property Plant And Equipment Net	0.96	0.94	0.89	0.96	-0.62	0.93	0.33	0.84	0.84	0.68	-0.62	0.91	0.95	0.81	0.94	0.67	0.98	0.96	-0.79	0.94	0.95	-0.62	0.94	0.6		0.9
Capital Lease Obligations	0.8	0.98	0.68	0.8	-0.86	0.89	0.1	0.67	0.87	0.9	-0.86	0.92	0.84	0.89	0.91	0.67	0.84	0.8	-0.63	0.71	0.84	-0.86	0.71	0.77	0.9

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Qingdao Yunlu Account Relationship Matchups

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

Other Information on Investing in Qingdao Stock

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

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Qingdao Change In Working Capital vs Free Cash Flow Analysis

Change In Working Capital vs Free Cash Flow

Change In Working Capital vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change In Working Capital

Free Cash Flow

Qingdao Yunlu fundamental ratios Correlations

Qingdao Yunlu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Qingdao Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Long Term Debt	+ 1.0	Net Debt
Non Current Liabilities Other	+ 1.0	Net Debt
Non Current Liabilities Other	+ 1.0	Long Term Debt

Non Current Liabilities Other	- 0.95	Non Currrent Assets Other
Long Term Debt	- 0.95	Non Currrent Assets Other
Non Currrent Assets Other	- 0.95	Net Debt
Short Long Term Debt	- 0.94	Cash
Capital Lease Obligations	- 0.86	Non Current Liabilities Other
Net Working Capital	- 0.86	Short Long Term Debt