Qilian Long Term Investments vs Total Current Liabilities Analysis
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Qilian International financial indicator trend analysis is much more than just breaking down Qilian International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qilian International is a good investment. Please check the relationship between Qilian International Long Term Investments and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qilian International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Long Term Investments vs Total Current Liabilities
Long Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qilian International Long Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Qilian International's Long Term Investments and Total Current Liabilities is -0.16. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Qilian International Holding, assuming nothing else is changed. The correlation between historical values of Qilian International's Long Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Qilian International Holding are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Long Term Investments i.e., Qilian International's Long Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Qilian International balance sheet that represents investments Qilian International intends to hold for over a year. Qilian International Holding long term investments may include different instruments such as stocks, bonds, real estate and cash.Total Current Liabilities
Total Current Liabilities is an item on Qilian International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Qilian International Holding are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Qilian International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qilian International 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 Qilian International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. As of the 30th of November 2024, Tax Provision is likely to grow to about 306.7 K, while Selling General Administrative is likely to drop about 4 M.
| 2023 | 2024 (projected) | Tax Provision | 197.2K | 306.7K | Interest Expense | 51.9K | 49.3K |
Qilian International fundamental ratios Correlations
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Qilian International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qilian International. If investors know Qilian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qilian International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.10) | Revenue Per Share 4.178 | Quarterly Revenue Growth (0.57) | Return On Assets (0.04) | Return On Equity (0.17) |
The market value of Qilian International is measured differently than its book value, which is the value of Qilian that is recorded on the company's balance sheet. Investors also form their own opinion of Qilian International's value that differs from its market value or its book value, called intrinsic value, which is Qilian International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qilian International's market value can be influenced by many factors that don't directly affect Qilian International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qilian International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qilian International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qilian International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.