Quhuo Other Assets vs Net Tangible Assets Analysis

QH Stock  USD 1.35  0.01  0.75%   
Quhuo financial indicator trend analysis is much more than just breaking down Quhuo prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quhuo is a good investment. Please check the relationship between Quhuo Other Assets and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quhuo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Quhuo Stock please use our How to Invest in Quhuo guide.

Other Assets vs Net Tangible Assets

Other Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quhuo Other Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Quhuo's Other Assets and Net Tangible Assets is 0.35. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Quhuo, assuming nothing else is changed. The correlation between historical values of Quhuo's Other Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Quhuo are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Assets i.e., Quhuo's Other Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Quhuo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quhuo 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 Quhuo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Quhuo Stock please use our How to Invest in Quhuo guide.As of now, Quhuo's Selling General Administrative is increasing as compared to previous years. The Quhuo's current Sales General And Administrative To Revenue is estimated to increase to 0.08, while Tax Provision is forecasted to increase to (880.6 K).
 2021 2022 2023 2024 (projected)
Gross Profit175.6M252.7M166.6M172.1M
Total Revenue4.0B3.8B3.7B2.9B

Quhuo fundamental ratios Correlations

0.990.970.420.90.94-0.830.980.560.880.960.930.820.930.680.451.00.850.980.90.850.640.710.62-0.20.68
0.990.990.420.870.92-0.831.00.630.870.960.890.780.890.610.430.990.860.980.860.80.680.660.59-0.170.68
0.970.990.310.860.88-0.830.990.610.860.950.840.720.920.590.540.980.930.970.820.790.750.630.59-0.110.69
0.420.420.310.460.64-0.460.42-0.070.260.490.520.60.140.55-0.610.44-0.010.370.630.23-0.080.280.11-0.04-0.03
0.90.870.860.460.94-0.970.870.250.660.940.780.920.870.890.370.90.720.850.910.650.40.450.33-0.250.53
0.940.920.880.640.94-0.890.910.350.760.950.910.910.820.820.20.940.670.910.950.740.410.610.47-0.210.5
-0.83-0.83-0.83-0.46-0.97-0.89-0.85-0.25-0.55-0.9-0.66-0.84-0.77-0.82-0.32-0.84-0.7-0.8-0.85-0.49-0.38-0.27-0.160.12-0.4
0.981.00.990.420.870.91-0.850.620.850.960.860.760.890.610.440.980.870.970.850.770.690.630.56-0.130.66
0.560.630.61-0.070.250.35-0.250.620.630.470.480.20.5-0.160.490.550.570.650.310.490.530.430.45-0.120.52
0.880.870.860.260.660.76-0.550.850.630.730.920.550.780.450.50.870.80.90.620.970.690.910.89-0.260.77
0.960.960.950.490.940.95-0.90.960.470.730.840.880.910.730.360.970.790.920.950.690.570.530.42-0.150.58
0.930.890.840.520.780.91-0.660.860.480.920.840.780.820.660.280.920.680.920.840.930.490.870.76-0.290.64
0.820.780.720.60.920.91-0.840.760.20.550.880.780.770.90.130.830.480.740.950.570.160.440.27-0.440.51
0.930.890.920.140.870.82-0.770.890.50.780.910.820.770.650.670.930.890.890.830.790.670.620.56-0.210.71
0.680.610.590.550.890.82-0.820.61-0.160.450.730.660.90.650.110.690.420.580.810.520.110.380.24-0.380.41
0.450.430.54-0.610.370.2-0.320.440.490.50.360.280.130.670.110.430.750.480.150.50.610.310.4-0.150.61
1.00.990.980.440.90.94-0.840.980.550.870.970.920.830.930.690.430.850.970.90.830.640.70.61-0.20.69
0.850.860.93-0.010.720.67-0.70.870.570.80.790.680.480.890.420.750.850.860.60.750.890.580.60.050.66
0.980.980.970.370.850.91-0.80.970.650.90.920.920.740.890.580.480.970.860.840.840.640.70.62-0.140.62
0.90.860.820.630.910.95-0.850.850.310.620.950.840.950.830.810.150.90.60.840.620.350.50.34-0.20.45
0.850.80.790.230.650.74-0.490.770.490.970.690.930.570.790.520.50.830.750.840.620.620.950.92-0.310.76
0.640.680.75-0.080.40.41-0.380.690.530.690.570.490.160.670.110.610.640.890.640.350.620.550.630.270.56
0.710.660.630.280.450.61-0.270.630.430.910.530.870.440.620.380.310.70.580.70.50.950.550.97-0.290.69
0.620.590.590.110.330.47-0.160.560.450.890.420.760.270.560.240.40.610.60.620.340.920.630.97-0.260.72
-0.2-0.17-0.11-0.04-0.25-0.210.12-0.13-0.12-0.26-0.15-0.29-0.44-0.21-0.38-0.15-0.20.05-0.14-0.2-0.310.27-0.29-0.26-0.65
0.680.680.69-0.030.530.5-0.40.660.520.770.580.640.510.710.410.610.690.660.620.450.760.560.690.72-0.65
Click cells to compare fundamentals

Quhuo Account Relationship Matchups

Quhuo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets743.9M1.1B1.1B1.1B1.0B924.4M
Other Current Liab67.7M93.5M115.6M100.5M79.8M78.7M
Total Current Liabilities452.1M466.2M609.1M487.9M458.8M454.5M
Total Stockholder Equity(779.3M)556.3M470.9M501.2M506.2M531.5M
Other Liab25.3M41.7M51.5M67.7M77.8M81.7M
Net Tangible Assets(872.4M)325.6M279.9M334.1M384.2M403.4M
Retained Earnings(1.2B)(1.2B)(1.4B)(1.4B)(1.4B)(1.4B)
Accounts Payable232.3M268.9M334.1M293.3M254.1M260.8M
Other Assets102.0M107.9M157.9M146.2M(1.0)(0.95)
Cash And Short Term Investments183.1M299.4M207.4M159.8M113.6M175.1M
Net Receivables312.9M402.1M536.0M527.9M555.1M422.0M
Good Will26.2M118.7M66.8M65.5M65.5M57.6M
Other Current Assets9.0M54.4M9.9M64.4M109.9M115.4M
Total Liab1.5B527.7M661.9M558.0M526.7M602.5M
Total Current Assets521.5M735.0M767.4M719.2M699.4M623.6M
Short Term Debt144.0M91.5M153.8M68.7M96.6M100.6M
Intangible Assets66.8M112.0M124.3M101.6M82.8M90.3M
Property Plant Equipment25.6M55.9M22.9M17.0M19.6M24.5M
Short Long Term Debt Total155.9M111.3M155.2M71.1M105.5M89.8M
Property Plant And Equipment Net25.6M55.9M22.9M17.0M20.9M20.5M
Current Deferred Revenue8.2M13.2M5.7M3.2M3.8M4.9M
Net Debt29.1M13.5M126.6M(24.3M)60.3M35.0M
Cash126.8M97.8M28.6M95.4M45.2M54.8M
Non Current Assets Total222.4M395.6M377.9M336.4M332.5M337.9M
Non Currrent Assets Other98.1M105.5M151.2M134.2M161.9M134.1M
Long Term Debt11.9M19.8M3K1.3M7.5M6.2M
Short Term Investments56.3M201.6M178.8M64.4M68.4M85.8M
Liabilities And Stockholders Equity743.9M1.1B1.1B1.1B1.0B1.0B
Non Current Liabilities Total1.1B61.5M52.9M70.1M67.9M64.5M
Inventory16.4M5.9M14.2M5.6M(79.1M)(75.1M)
Other Stockholder Equity(596.9M)1.8B1.9B1.9B1.9B1.3B
Net Invested Capital(623.4M)667.6M619.4M567.9M606.4M636.7M
Long Term Investments1.7M1.1M6.1M6.1M1.4M1.3M
Short Long Term Debt144.0M91.5M148.4M65.4M92.7M81.4M
Accumulated Other Comprehensive Income(1.2M)(14.8M)(18.3M)(4.7M)(2.5M)(2.6M)
Non Current Liabilities Other2.2M41.0M50.7M66.9M54.2M40.8M

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quhuo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Quhuo Stock please use our How to Invest in Quhuo guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Application Software 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 Quhuo. If investors know Quhuo 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 Quhuo 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
0.304
Earnings Share
(0.55)
Revenue Per Share
520.024
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.04)
The market value of Quhuo is measured differently than its book value, which is the value of Quhuo that is recorded on the company's balance sheet. Investors also form their own opinion of Quhuo's value that differs from its market value or its book value, called intrinsic value, which is Quhuo'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 Quhuo's market value can be influenced by many factors that don't directly affect Quhuo'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 Quhuo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quhuo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quhuo'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.