Qiaoyin Other Liab vs Total Liab 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 Other Liab and its Total Liab 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.

Other Liab vs Total Liab

Other Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qiaoyin Environmental Other Liab account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Qiaoyin Environmental's Other Liab and Total Liab is -0.22. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Liab 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 Other Liab and Total Liab 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 Liab of Qiaoyin Environmental Tech are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Liab i.e., Qiaoyin Environmental's Other Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Profit806.1M1.0B1.0B634.1M
Total Revenue3.3B4.0B3.9B2.7B

Qiaoyin Environmental fundamental ratios Correlations

-0.66-0.57-0.26-0.62-0.640.23-0.66-0.61-0.64-0.53-0.64-0.6-0.61-0.68-0.63-0.64-0.65-0.11-0.7-0.63-0.62-0.65-0.04-0.63-0.6
-0.660.940.750.970.93-0.020.920.930.90.840.920.910.920.860.920.950.920.541.00.930.920.89-0.310.910.96
-0.570.940.850.970.930.160.910.940.940.940.950.960.950.810.940.820.930.770.920.910.970.94-0.530.940.94
-0.260.750.850.860.830.280.810.840.870.770.860.840.850.780.840.640.820.790.710.80.830.84-0.490.730.69
-0.620.970.970.860.940.080.930.940.950.870.950.930.950.890.940.880.940.660.960.920.960.94-0.40.940.92
-0.640.930.930.830.940.11.01.00.980.910.990.980.990.921.00.831.00.580.920.990.920.98-0.250.840.91
0.23-0.020.160.280.080.10.050.110.10.220.160.170.160.150.13-0.320.080.29-0.040.030.140.24-0.10.090.14
-0.660.920.910.810.931.00.050.990.970.90.990.970.980.920.990.841.00.540.921.00.910.97-0.20.830.89
-0.610.930.940.840.941.00.110.990.970.910.990.980.990.910.990.841.00.590.930.990.920.97-0.260.840.92
-0.640.90.940.870.950.980.10.970.970.920.990.980.980.890.980.80.980.670.890.960.950.98-0.340.870.85
-0.530.840.940.770.870.910.220.90.910.920.920.970.940.710.920.70.910.750.830.890.920.92-0.470.860.89
-0.640.920.950.860.950.990.160.990.990.990.920.991.00.921.00.80.990.630.910.980.940.99-0.290.860.9
-0.60.910.960.840.930.980.170.970.980.980.970.991.00.850.990.780.980.670.90.970.930.98-0.350.850.92
-0.610.920.950.850.950.990.160.980.990.980.941.01.00.891.00.80.990.640.910.980.930.98-0.310.850.91
-0.680.860.810.780.890.920.150.920.910.890.710.920.850.890.910.760.920.380.860.90.820.91-0.040.740.79
-0.630.920.940.840.941.00.130.990.990.980.921.00.991.00.910.811.00.60.910.980.910.98-0.270.830.91
-0.640.950.820.640.880.83-0.320.840.840.80.70.80.780.80.760.810.840.40.950.860.810.75-0.220.820.86
-0.650.920.930.820.941.00.081.01.00.980.910.990.980.990.921.00.840.560.920.990.910.97-0.220.830.9
-0.110.540.770.790.660.580.290.540.590.670.750.630.670.640.380.60.40.560.490.530.750.64-0.890.70.55
-0.71.00.920.710.960.92-0.040.920.930.890.830.910.90.910.860.910.950.920.490.930.910.89-0.250.910.96
-0.630.930.910.80.920.990.031.00.990.960.890.980.970.980.90.980.860.990.530.930.890.95-0.190.810.91
-0.620.920.970.830.960.920.140.910.920.950.920.940.930.930.820.910.810.910.750.910.890.94-0.50.970.88
-0.650.890.940.840.940.980.240.970.970.980.920.990.980.980.910.980.750.970.640.890.950.94-0.310.870.88
-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
-0.630.910.940.730.940.840.090.830.840.870.860.860.850.850.740.830.820.830.70.910.810.970.87-0.510.88
-0.60.960.940.690.920.910.140.890.920.850.890.90.920.910.790.910.860.90.550.960.910.880.88-0.310.88
Click cells to compare fundamentals

Qiaoyin Environmental Account Relationship Matchups

Qiaoyin Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Net Tangible Assets313.1M127.2M361.9M(15.7M)(14.2M)(13.4M)
Retained Earnings381.4M743.2M968.9M1.1B1.4B1.5B
Other Assets147.9M211.1M382.4M335.8M386.2M405.5M
Property Plant Equipment492.8M694.2M760.8M1.1B1.2B1.3B
Total Assets3.3B4.5B5.7B6.9B7.5B4.3B
Other Current Liab16.9M38.8M56.1M2.2M2.4M2.3M
Total Current Liabilities1.4B1.7B2.4B3.1B3.4B1.8B
Total Stockholder Equity1.1B1.4B1.7B1.9B2.2B1.4B
Accounts Payable534.8M499.5M627.6M773.9M731.3M505.9M
Cash394.3M673.2M509.7M643.1M508.1M450.7M
Non Current Assets Total1.8B2.3B3.2B3.3B3.6B2.2B
Non Currrent Assets Other134.6M257.6M263.1M320.3M299.9M188.4M
Long Term Debt597.0M1.0B1.2B1.4B1.4B859.3M
Net Receivables1.0B498.7M2.0B1.5B2.2B1.2B
Non Current Liabilities Total636.7M1.1B1.4B1.7B1.7B964.9M
Other Current Assets19.5M27.6M28.3M88.6M104.4M109.6M
Total Liab2.0B2.8B3.8B4.7B5.1B2.8B
Deferred Long Term Liab45.5M63.2M88.2M28.5M32.7M45.1M
Short Long Term Debt456.0M925.9M1.4B1.7B2.0B2.1B
Total Current Assets1.4B2.2B2.6B3.5B3.9B2.2B
Intangible Assets928.8M1.1B1.7B1.5B1.5B988.1M
Other Liab42.7M39.7M23.2M71.7M64.5M39.4M
Other Stockholder Equity264.7K448.7K28.2M28.2M32.5M34.1M
Net Invested Capital2.0B3.4B4.3B5.0B5.7B3.5B
Non Current Liabilities Other14.1M15.0M71.7M101.9M134.3M76.3M
Net Working Capital51.4M484.5M188.4M463.2M528.4M381.0M
Net Debt592.6M1.3B2.1B2.5B3.0B1.8B

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Other Information on Investing in Qiaoyin Stock

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.