Qudian Total Assets vs Net Working Capital Analysis
QD Stock | USD 2.29 0.05 2.14% |
Qudian financial indicator trend analysis is much more than just breaking down Qudian Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qudian Inc is a good investment. Please check the relationship between Qudian Total Assets and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qudian Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Total Assets vs Net Working Capital
Total Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qudian Inc Total Assets account and Net Working Capital. At this time, the significance of the direction appears to have weak relationship.
The correlation between Qudian's Total Assets and Net Working Capital is 0.37. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Qudian Inc, assuming nothing else is changed. The correlation between historical values of Qudian's Total Assets and Net 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 Total Assets of Qudian Inc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., Qudian's Total Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Qudian 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 Qudian Inc 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 Working Capital
Most indicators from Qudian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qudian Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qudian Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. The current year's Sales General And Administrative To Revenue is expected to grow to 2.27, whereas Selling General Administrative is forecasted to decline to about 255.5 M.
2020 | 2021 | 2023 | 2024 (projected) | Cost Of Revenue | 862.4M | 298.7M | 160.1M | 152.1M | Research Development | 170.7M | 141.3M | 47.8M | 45.4M |
Qudian fundamental ratios Correlations
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Qudian Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qudian fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.7B | 13.4B | 14.1B | 12.7B | 12.5B | 12.9B | |
Other Current Liab | 1.5B | 317.8M | 268.0M | 350.9M | 498.8M | 523.8M | |
Total Current Liabilities | 3.9B | 472.6M | 493.5M | 584.9M | 754.5M | 716.8M | |
Total Stockholder Equity | 11.9B | 11.9B | 12.5B | 12.0B | 11.7B | 7.6B | |
Other Liab | 179.0M | 10.9M | 58.6M | 2.1M | 2.4M | 2.3M | |
Net Tangible Assets | 11.9B | 11.9B | 12.5B | 12.0B | 13.8B | 7.8B | |
Retained Earnings | 8.3B | 8.3B | 8.9B | 8.5B | 8.6B | 4.3B | |
Accounts Payable | 88.9M | 50.4M | 109.8M | 107.9M | 109.3M | 90.1M | |
Cash | 2.9B | 1.5B | 2.1B | 3.5B | 7.2B | 7.6B | |
Other Assets | 821.7M | 626.1M | 510.7M | 451.1M | 518.7M | 528.5M | |
Long Term Debt | 2.3B | 924.4M | 826.7M | 116.2M | 133.7M | 127.0M | |
Net Receivables | 11.0B | 4.2B | 2.4B | 910.8M | 354.3M | 336.6M | |
Common Stock Total Equity | 221.0K | 205.3K | 175.5K | 176K | 202.4K | 130.8K | |
Short Term Investments | 231.1M | 5.0B | 5.9B | 5.4B | 2.2B | 2.2B | |
Inventory | 8.9M | 91.9M | 15.2M | 116.7M | 10.4M | 9.9M | |
Other Current Assets | 1.6B | 805.8M | 1.8B | 1.2B | 390.9M | 371.4M | |
Other Stockholder Equity | 3.6B | 3.6B | 3.7B | 3.5B | 3.1B | 3.4B | |
Total Liab | 6.7B | 1.5B | 1.5B | 703.7M | 794.2M | 754.5M | |
Long Term Investments | 267.9M | 559.1M | 371.6M | 350.1M | 347.4M | 224.3M | |
Short Long Term Debt | 8.0B | 3.9B | 1.0B | 29.1M | 33.4M | 31.8M | |
Total Current Assets | 17.0B | 11.7B | 12.2B | 11.1B | 10.2B | 11.6B | |
Accumulated Other Comprehensive Income | (13.0M) | (51.4M) | (59.0M) | (46.0M) | (24.1M) | (25.3M) | |
Short Term Debt | 1.1B | 23.8M | 37.5M | 35.4M | 29.9M | 28.4M | |
Intangible Assets | 6.8M | 8.5M | 11.0M | 9.7M | 3.1M | 2.9M | |
Common Stock | 221K | 205K | 175K | 176K | 175.9K | 149.6K | |
Property Plant Equipment | 241.7M | 513.9M | 959.7M | 877.0M | 1.0B | 1.1B | |
Short Long Term Debt Total | 3.4B | 1.0B | 1.0B | 152.0M | 69.7M | 66.2M | |
Property Plant And Equipment Net | 241.7M | 513.9M | 959.7M | 877.0M | 1.5B | 1.5B | |
Current Deferred Revenue | 1.2B | 367.1M | 348.4M | 196.8M | 177.1M | 168.2M | |
Net Debt | 571.8M | (509.1M) | (1.0B) | (3.3B) | (7.1B) | (6.8B) | |
Non Current Assets Total | 1.6B | 1.7B | 1.9B | 1.7B | 2.3B | 1.4B | |
Non Currrent Assets Other | 531.4M | 471.1M | 443.4M | 451.1M | 498.8M | 500.8M | |
Cash And Short Term Investments | 3.1B | 6.6B | 8.0B | 8.9B | 9.4B | 5.8B | |
Common Stock Shares Outstanding | 322.0M | 300.5M | 274.3M | 266.3M | 222.2M | 232.6M | |
Long Term Debt Total | 2.3B | 924.4M | 826.7M | 116.2M | 133.7M | 127.0M | |
Liabilities And Stockholders Equity | 18.7B | 13.4B | 14.1B | 12.7B | 12.5B | 14.3B | |
Non Current Liabilities Total | 2.8B | 1.0B | 1.1B | 118.8M | 39.8M | 37.8M | |
Capital Surpluse | 4.0B | 4.0B | 4.0B | 4.0B | 4.6B | 4.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qudian Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Consumer Finance 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 Qudian. If investors know Qudian 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 Qudian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.515 | Earnings Share (0.28) | Revenue Per Share 1.016 | Quarterly Revenue Growth 3.81 | Return On Assets (0.02) |
The market value of Qudian Inc is measured differently than its book value, which is the value of Qudian that is recorded on the company's balance sheet. Investors also form their own opinion of Qudian's value that differs from its market value or its book value, called intrinsic value, which is Qudian'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 Qudian's market value can be influenced by many factors that don't directly affect Qudian'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 Qudian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qudian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qudian'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.