688561 Change To Operating Activities vs Change In Working Capital Analysis
688561 Stock | 29.46 1.04 3.41% |
Qi An financial indicator trend analysis is much more than just breaking down Qi An Xin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qi An Xin is a good investment. Please check the relationship between Qi An Change To Operating Activities and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qi An Xin. 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 To Operating Activities vs Change In Working Capital
Change To Operating Activities vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qi An Xin Change To Operating Activities account and Change In Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Qi An's Change To Operating Activities and Change In Working Capital is -0.92. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Qi An Xin, assuming nothing else is changed. The correlation between historical values of Qi An's Change To Operating Activities and Change In Working 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 Change To Operating Activities of Qi An Xin are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change To Operating Activities i.e., Qi An's Change To Operating Activities and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Change To Operating Activities
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.Most indicators from Qi An's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qi An Xin 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 Qi An Xin. 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 (54.2 M). In addition to that, Selling General Administrative is expected to decline to about 1.9 B
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 30.7M | 16.7M | 33.0M | 20.4M | Interest Income | 65.4M | 20.6M | 15.8M | 23.6M |
Qi An fundamental ratios Correlations
Click cells to compare fundamentals
Qi An Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in 688561 Stock
Balance Sheet is a snapshot of the financial position of Qi An Xin at a specified time, usually calculated after every quarter, six months, or one year. Qi An Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qi An 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 688561 currently owns. An asset can also be divided into two categories, current and non-current.