Qiaoyin Long Term Debt vs Common Stock Shares Outstanding Analysis

002973 Stock

11.31 0.09 0.79%

Qiaoyin Environmental financial indicator trend analysis is much more than just breaking down Qiaoyin Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qiaoyin Environmental is a good investment. Please check the relationship between Qiaoyin Environmental Long Term Debt and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qiaoyin Environmental Tech. 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.

Long Term Debt vs Common Stock Shares Outstanding

Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qiaoyin Environmental Long Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Qiaoyin Environmental's Long Term Debt and Common Stock Shares Outstanding is 0.85. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Qiaoyin Environmental Tech, assuming nothing else is changed. The correlation between historical values of Qiaoyin Environmental's Long Term Debt and Common Stock Shares Outstanding 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 Debt of Qiaoyin Environmental Tech are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Long Term Debt i.e., Qiaoyin Environmental's Long Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Qiaoyin Environmental has held for over one year. Long-term debt appears on Qiaoyin Environmental Tech balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Qiaoyin Environmental Tech balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Qiaoyin Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qiaoyin Environmental 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 Qiaoyin Environmental Tech. 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 28.5 M, whereas Selling General Administrative is forecasted to decline to about 99.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	806.1M	1.0B	1.0B	634.1M
Total Revenue	3.3B	4.0B	3.9B	2.7B

Gross Profit Total Revenue

Qiaoyin Environmental fundamental ratios Correlations

	Net Tangible Assets	Retained Earnings	Other Assets	Common Stock	Property Plant Equipment	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Non Current Liabilities Total	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Common Stock Shares Outstanding	Other Stockholder Equity
Net Tangible Assets		-0.66	-0.57	-0.26	-0.62	-0.64	0.23	-0.66	-0.61	-0.64	-0.53	-0.64	-0.6	-0.61	-0.68	-0.63	-0.64	-0.65	-0.11	-0.7	-0.63	-0.62	-0.65	-0.04	-0.63	-0.6
Retained Earnings	-0.66		0.94	0.75	0.97	0.93	-0.02	0.92	0.93	0.9	0.84	0.92	0.91	0.92	0.86	0.92	0.95	0.92	0.54	1.0	0.93	0.92	0.89	-0.31	0.91	0.96
Other Assets	-0.57	0.94		0.85	0.97	0.93	0.16	0.91	0.94	0.94	0.94	0.95	0.96	0.95	0.81	0.94	0.82	0.93	0.77	0.92	0.91	0.97	0.94	-0.53	0.94	0.94
Common Stock	-0.26	0.75	0.85		0.86	0.83	0.28	0.81	0.84	0.87	0.77	0.86	0.84	0.85	0.78	0.84	0.64	0.82	0.79	0.71	0.8	0.83	0.84	-0.49	0.73	0.69
Property Plant Equipment	-0.62	0.97	0.97	0.86		0.94	0.08	0.93	0.94	0.95	0.87	0.95	0.93	0.95	0.89	0.94	0.88	0.94	0.66	0.96	0.92	0.96	0.94	-0.4	0.94	0.92
Total Assets	-0.64	0.93	0.93	0.83	0.94		0.1	1.0	1.0	0.98	0.91	0.99	0.98	0.99	0.92	1.0	0.83	1.0	0.58	0.92	0.99	0.92	0.98	-0.25	0.84	0.91
Other Current Liab	0.23	-0.02	0.16	0.28	0.08	0.1		0.05	0.11	0.1	0.22	0.16	0.17	0.16	0.15	0.13	-0.32	0.08	0.29	-0.04	0.03	0.14	0.24	-0.1	0.09	0.14
Total Current Liabilities	-0.66	0.92	0.91	0.81	0.93	1.0	0.05		0.99	0.97	0.9	0.99	0.97	0.98	0.92	0.99	0.84	1.0	0.54	0.92	1.0	0.91	0.97	-0.2	0.83	0.89
Total Stockholder Equity	-0.61	0.93	0.94	0.84	0.94	1.0	0.11	0.99		0.97	0.91	0.99	0.98	0.99	0.91	0.99	0.84	1.0	0.59	0.93	0.99	0.92	0.97	-0.26	0.84	0.92
Accounts Payable	-0.64	0.9	0.94	0.87	0.95	0.98	0.1	0.97	0.97		0.92	0.99	0.98	0.98	0.89	0.98	0.8	0.98	0.67	0.89	0.96	0.95	0.98	-0.34	0.87	0.85
Cash	-0.53	0.84	0.94	0.77	0.87	0.91	0.22	0.9	0.91	0.92		0.92	0.97	0.94	0.71	0.92	0.7	0.91	0.75	0.83	0.89	0.92	0.92	-0.47	0.86	0.89
Non Current Assets Total	-0.64	0.92	0.95	0.86	0.95	0.99	0.16	0.99	0.99	0.99	0.92		0.99	1.0	0.92	1.0	0.8	0.99	0.63	0.91	0.98	0.94	0.99	-0.29	0.86	0.9
Non Currrent Assets Other	-0.6	0.91	0.96	0.84	0.93	0.98	0.17	0.97	0.98	0.98	0.97	0.99		1.0	0.85	0.99	0.78	0.98	0.67	0.9	0.97	0.93	0.98	-0.35	0.85	0.92
Long Term Debt	-0.61	0.92	0.95	0.85	0.95	0.99	0.16	0.98	0.99	0.98	0.94	1.0	1.0		0.89	1.0	0.8	0.99	0.64	0.91	0.98	0.93	0.98	-0.31	0.85	0.91
Net Receivables	-0.68	0.86	0.81	0.78	0.89	0.92	0.15	0.92	0.91	0.89	0.71	0.92	0.85	0.89		0.91	0.76	0.92	0.38	0.86	0.9	0.82	0.91	-0.04	0.74	0.79
Non Current Liabilities Total	-0.63	0.92	0.94	0.84	0.94	1.0	0.13	0.99	0.99	0.98	0.92	1.0	0.99	1.0	0.91		0.81	1.0	0.6	0.91	0.98	0.91	0.98	-0.27	0.83	0.91
Other Current Assets	-0.64	0.95	0.82	0.64	0.88	0.83	-0.32	0.84	0.84	0.8	0.7	0.8	0.78	0.8	0.76	0.81		0.84	0.4	0.95	0.86	0.81	0.75	-0.22	0.82	0.86
Total Liab	-0.65	0.92	0.93	0.82	0.94	1.0	0.08	1.0	1.0	0.98	0.91	0.99	0.98	0.99	0.92	1.0	0.84		0.56	0.92	0.99	0.91	0.97	-0.22	0.83	0.9
Deferred Long Term Liab	-0.11	0.54	0.77	0.79	0.66	0.58	0.29	0.54	0.59	0.67	0.75	0.63	0.67	0.64	0.38	0.6	0.4	0.56		0.49	0.53	0.75	0.64	-0.89	0.7	0.55
Short Long Term Debt	-0.7	1.0	0.92	0.71	0.96	0.92	-0.04	0.92	0.93	0.89	0.83	0.91	0.9	0.91	0.86	0.91	0.95	0.92	0.49		0.93	0.91	0.89	-0.25	0.91	0.96
Total Current Assets	-0.63	0.93	0.91	0.8	0.92	0.99	0.03	1.0	0.99	0.96	0.89	0.98	0.97	0.98	0.9	0.98	0.86	0.99	0.53	0.93		0.89	0.95	-0.19	0.81	0.91
Short Term Debt	-0.62	0.92	0.97	0.83	0.96	0.92	0.14	0.91	0.92	0.95	0.92	0.94	0.93	0.93	0.82	0.91	0.81	0.91	0.75	0.91	0.89		0.94	-0.5	0.97	0.88
Intangible Assets	-0.65	0.89	0.94	0.84	0.94	0.98	0.24	0.97	0.97	0.98	0.92	0.99	0.98	0.98	0.91	0.98	0.75	0.97	0.64	0.89	0.95	0.94		-0.31	0.87	0.88
Other Liab	-0.04	-0.31	-0.53	-0.49	-0.4	-0.25	-0.1	-0.2	-0.26	-0.34	-0.47	-0.29	-0.35	-0.31	-0.04	-0.27	-0.22	-0.22	-0.89	-0.25	-0.19	-0.5	-0.31		-0.51	-0.31
Common Stock Shares Outstanding	-0.63	0.91	0.94	0.73	0.94	0.84	0.09	0.83	0.84	0.87	0.86	0.86	0.85	0.85	0.74	0.83	0.82	0.83	0.7	0.91	0.81	0.97	0.87	-0.51		0.88
Other Stockholder Equity	-0.6	0.96	0.94	0.69	0.92	0.91	0.14	0.89	0.92	0.85	0.89	0.9	0.92	0.91	0.79	0.91	0.86	0.9	0.55	0.96	0.91	0.88	0.88	-0.31	0.88

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Qiaoyin Environmental Account Relationship Matchups

Qiaoyin Environmental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Net Tangible Assets	313.1M	127.2M	361.9M	(15.7M)	(14.2M)	(13.4M)
Retained Earnings	381.4M	743.2M	968.9M	1.1B	1.4B	1.5B
Other Assets	147.9M	211.1M	382.4M	335.8M	386.2M	405.5M
Property Plant Equipment	492.8M	694.2M	760.8M	1.1B	1.2B	1.3B
Total Assets	3.3B	4.5B	5.7B	6.9B	7.5B	4.3B
Other Current Liab	16.9M	38.8M	56.1M	2.2M	2.4M	2.3M
Total Current Liabilities	1.4B	1.7B	2.4B	3.1B	3.4B	1.8B
Total Stockholder Equity	1.1B	1.4B	1.7B	1.9B	2.2B	1.4B
Accounts Payable	534.8M	499.5M	627.6M	773.9M	731.3M	505.9M
Cash	394.3M	673.2M	509.7M	643.1M	508.1M	450.7M
Non Current Assets Total	1.8B	2.3B	3.2B	3.3B	3.6B	2.2B
Non Currrent Assets Other	134.6M	257.6M	263.1M	320.3M	299.9M	188.4M
Long Term Debt	597.0M	1.0B	1.2B	1.4B	1.4B	859.3M
Net Receivables	1.0B	498.7M	2.0B	1.5B	2.2B	1.2B
Non Current Liabilities Total	636.7M	1.1B	1.4B	1.7B	1.7B	964.9M
Other Current Assets	19.5M	27.6M	28.3M	88.6M	104.4M	109.6M
Total Liab	2.0B	2.8B	3.8B	4.7B	5.1B	2.8B
Deferred Long Term Liab	45.5M	63.2M	88.2M	28.5M	32.7M	45.1M
Short Long Term Debt	456.0M	925.9M	1.4B	1.7B	2.0B	2.1B
Total Current Assets	1.4B	2.2B	2.6B	3.5B	3.9B	2.2B
Intangible Assets	928.8M	1.1B	1.7B	1.5B	1.5B	988.1M
Other Liab	42.7M	39.7M	23.2M	71.7M	64.5M	39.4M
Other Stockholder Equity	264.7K	448.7K	28.2M	28.2M	32.5M	34.1M
Net Invested Capital	2.0B	3.4B	4.3B	5.0B	5.7B	3.5B
Non Current Liabilities Other	14.1M	15.0M	71.7M	101.9M	134.3M	76.3M
Net Working Capital	51.4M	484.5M	188.4M	463.2M	528.4M	381.0M
Net Debt	592.6M	1.3B	2.1B	2.5B	3.0B	1.8B

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

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Qiaoyin Long Term Debt vs Common Stock Shares Outstanding Analysis

Long Term Debt vs Common Stock Shares Outstanding

Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Long Term Debt

Common Stock Shares Outstanding

Qiaoyin Environmental fundamental ratios Correlations

Qiaoyin Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Qiaoyin Environmental fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt	+ 1.0	Retained Earnings
Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities

Other Liab	- 0.89	Deferred Long Term Liab
Short Long Term Debt	- 0.7	Net Tangible Assets
Net Receivables	- 0.68	Net Tangible Assets
Total Current Liabilities	- 0.66	Net Tangible Assets
Retained Earnings	- 0.66	Net Tangible Assets
Intangible Assets	- 0.65	Net Tangible Assets