Qinghai Other Stockholder Equity vs Other Assets Analysis

000792 Stock   17.62  0.21  1.18%   
Qinghai Salt financial indicator trend analysis is much more than just breaking down Qinghai Salt Lake prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qinghai Salt Lake is a good investment. Please check the relationship between Qinghai Salt Other Stockholder Equity and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qinghai Salt Lake. 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.

Other Stockholder Equity vs Other Assets

Other Stockholder Equity vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qinghai Salt Lake Other Stockholder Equity account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Qinghai Salt's Other Stockholder Equity and Other Assets is -0.15. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of Qinghai Salt Lake, assuming nothing else is changed. The correlation between historical values of Qinghai Salt's Other Stockholder Equity and Other 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 Stockholder Equity of Qinghai Salt Lake are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Stockholder Equity i.e., Qinghai Salt's Other Stockholder Equity and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Other Assets

Most indicators from Qinghai Salt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qinghai Salt Lake 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 Qinghai Salt Lake. 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 1.3 B, whereas Selling General Administrative is forecasted to decline to about 303.1 M.
 2021 2022 2023 2024 (projected)
Operating Income6.8B21.4B9.9B10.4B
Total Revenue14.8B30.7B21.6B22.7B

Qinghai Salt fundamental ratios Correlations

0.620.680.50.610.920.14-0.19-0.170.90.710.82-0.20.940.290.830.17-0.050.360.62-0.080.220.290.11-0.220.49
0.620.630.050.30.64-0.16-0.2-0.150.70.520.66-0.250.650.440.620.41-0.250.020.720.110.30.4-0.14-0.210.35
0.680.63-0.150.170.85-0.10.050.050.820.570.91-0.20.680.690.660.37-0.32-0.330.67-0.440.10.7-0.280.080.22
0.50.05-0.150.50.210.66-0.06-0.510.190.1-0.040.290.32-0.460.06-0.390.00.870.240.4-0.3-0.540.62-0.10.19
0.610.30.170.50.51-0.13-0.75-0.210.450.70.37-0.670.7-0.110.56-0.440.620.720.27-0.350.40.340.21-0.770.93
0.920.640.850.210.51-0.11-0.21-0.060.940.770.94-0.310.950.440.880.26-0.090.090.71-0.30.270.54-0.21-0.20.51
0.14-0.16-0.10.66-0.13-0.110.58-0.49-0.06-0.42-0.180.73-0.18-0.14-0.32-0.24-0.420.320.020.42-0.74-0.630.730.44-0.47
-0.19-0.20.05-0.06-0.75-0.210.580.0-0.15-0.62-0.10.82-0.420.2-0.340.29-0.66-0.46-0.150.35-0.67-0.430.130.76-0.87
-0.17-0.150.05-0.51-0.21-0.06-0.490.00.040.260.08-0.19-0.080.230.10.420.24-0.46-0.37-0.30.310.29-0.41-0.06-0.05
0.90.70.820.190.450.94-0.06-0.150.040.80.93-0.260.90.580.870.38-0.10.040.63-0.250.290.51-0.17-0.230.43
0.710.520.570.10.70.77-0.42-0.620.260.80.71-0.640.830.330.790.160.390.190.38-0.480.550.65-0.22-0.560.76
0.820.660.91-0.040.370.94-0.18-0.10.080.930.71-0.350.860.690.90.36-0.09-0.170.6-0.380.280.67-0.33-0.210.42
-0.2-0.25-0.20.29-0.67-0.310.730.82-0.19-0.26-0.64-0.35-0.47-0.19-0.540.14-0.72-0.11-0.040.64-0.8-0.750.280.8-0.86
0.940.650.680.320.70.95-0.18-0.42-0.080.90.830.86-0.470.30.930.160.140.310.63-0.240.440.48-0.15-0.440.7
0.290.440.69-0.46-0.110.44-0.140.20.230.580.330.69-0.190.30.50.39-0.2-0.630.23-0.340.140.63-0.34-0.03-0.01
0.830.620.660.060.560.88-0.32-0.340.10.870.790.9-0.540.930.50.320.210.070.43-0.280.560.57-0.28-0.480.62
0.170.410.37-0.39-0.440.26-0.240.290.420.380.160.360.140.160.390.32-0.35-0.520.10.140.290.13-0.410.27-0.31
-0.05-0.25-0.320.00.62-0.09-0.42-0.660.24-0.10.39-0.09-0.720.14-0.20.21-0.350.37-0.52-0.450.470.250.01-0.830.68
0.360.02-0.330.870.720.090.32-0.46-0.460.040.19-0.17-0.110.31-0.630.07-0.520.370.120.230.04-0.380.55-0.440.51
0.620.720.670.240.270.710.02-0.15-0.370.630.380.6-0.040.630.230.430.1-0.520.120.040.040.3-0.170.070.27
-0.080.11-0.440.4-0.35-0.30.420.35-0.3-0.25-0.48-0.380.64-0.24-0.34-0.280.14-0.450.230.04-0.3-0.810.220.33-0.46
0.220.30.1-0.30.40.27-0.74-0.670.310.290.550.28-0.80.440.140.560.290.470.040.04-0.30.51-0.32-0.560.59
0.290.40.7-0.540.340.54-0.63-0.430.290.510.650.67-0.750.480.630.570.130.25-0.380.3-0.810.51-0.44-0.370.55
0.11-0.14-0.280.620.21-0.210.730.13-0.41-0.17-0.22-0.330.28-0.15-0.34-0.28-0.410.010.55-0.170.22-0.32-0.440.13-0.11
-0.22-0.210.08-0.1-0.77-0.20.440.76-0.06-0.23-0.56-0.210.8-0.44-0.03-0.480.27-0.83-0.440.070.33-0.56-0.370.13-0.86
0.490.350.220.190.930.51-0.47-0.87-0.050.430.760.42-0.860.7-0.010.62-0.310.680.510.27-0.460.590.55-0.11-0.86
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Qinghai Salt Account Relationship Matchups

Qinghai Salt fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.5B20.1B25.3B42.0B46.4B33.3B
Other Current Liab3.1B1.5B1.0B2.6B73.5M69.8M
Total Current Liabilities29.2B5.1B5.9B8.5B9.4B10.1B
Total Stockholder Equity(30.5B)4.1B9.3B25.2B31.9B33.5B
Retained Earnings(43.1B)(41.1B)(36.6B)(21.0B)(15.1B)(14.3B)
Accounts Payable3.7B2.1B1.7B2.0B2.3B2.7B
Cash1.5B2.1B5.3B16.5B17.8B18.6B
Other Assets3.3B2.4B2.7B2.6B3.0B3.2B
Net Receivables3.8B908.5M4.4B630.8M177.8M168.9M
Inventory2.2B1.3B1.2B1.8B1.2B1.7B
Other Current Assets1.7B569.1M266.8M596.5M269.1M255.6M
Total Liab51.6B14.8B13.6B13.5B11.7B22.1B
Property Plant Equipment8.2B8.7B8.3B8.2B9.5B9.0B
Other Liab3.9B812.2M564.3M641.0M737.2M1.1B
Long Term Debt15.2B7.1B6.5B4.0B128.2M121.8M
Intangible Assets1.1B1.1B1.0B1.0B174.2M165.5M
Net Tangible Assets(31.7B)3.0B8.3B24.2B21.8B22.8B
Other Stockholder Equity343.5M346.2M408.2M383.3M345.0M676.4M
Deferred Long Term Liab6.9M52.6M53.0M39.5M45.4M36.5M
Short Long Term Debt4.5B6.3B8.2B76.9M12M11.4M
Total Current Assets9.2B7.1B12.4B29.3B30.4B18.2B
Non Current Assets Total13.3B13.0B12.9B12.7B16.0B26.5B
Non Currrent Assets Other242.7M159.8M351.5M413.6M3.5B3.7B
Non Current Liabilities Total22.4B9.7B7.8B5.0B2.3B2.2B
Non Current Liabilities Other20.4B1.3B125.9M148.3M80.2M76.2M
Net Invested Capital(7.1B)11.2B15.8B29.2B32.0B22.9B
Net Working Capital(20.0B)2.0B6.5B20.8B21.0B22.0B

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Other Information on Investing in Qinghai Stock

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