360 Change To Netincome vs Change In Cash Analysis

601360 Stock   13.40  0.69  5.43%   
360 Security financial indicator trend analysis is way more than just evaluating 360 Security Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 360 Security Technology is a good investment. Please check the relationship between 360 Security Change To Netincome and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 360 Security Technology. 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.

Change To Netincome vs Change In Cash

Change To Netincome vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 360 Security Technology Change To Netincome account and Change In Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between 360 Security's Change To Netincome and Change In Cash is 0.07. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change In Cash in the same time period over historical financial statements of 360 Security Technology, assuming nothing else is changed. The correlation between historical values of 360 Security's Change To Netincome and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of 360 Security Technology are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Change To Netincome i.e., 360 Security's Change To Netincome and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Netincome

Change In Cash

Most indicators from 360 Security's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 360 Security Technology 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 360 Security Technology. 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 Selling General Administrative is expected to grow to about 1.8 B. The current year's Tax Provision is expected to grow to about 485.9 M
 2021 2022 2023 2024 (projected)
Gross Profit6.8B5.6B5.5B5.6B
Total Revenue10.9B9.5B9.1B9.0B

360 Security fundamental ratios Correlations

0.00.671.00.530.960.970.850.990.550.570.930.510.790.70.970.88-0.530.96-0.30.940.880.830.99-0.440.7
0.00.630.030.60.050.090.03-0.050.690.55-0.110.30.120.07-0.150.290.160.070.23-0.130.020.050.050.01-0.21
0.670.630.680.920.720.720.630.670.920.790.590.450.50.420.570.82-0.290.76-0.340.550.660.740.66-0.440.54
1.00.030.680.550.970.980.860.990.560.60.920.510.790.710.960.89-0.510.96-0.290.930.890.830.99-0.440.68
0.530.60.920.550.670.630.660.530.850.840.490.480.230.210.410.8-0.320.69-0.290.410.680.690.53-0.60.53
0.960.050.720.970.670.970.930.960.590.680.90.510.660.640.910.95-0.481.0-0.290.880.960.830.94-0.580.7
0.970.090.720.980.630.970.880.950.560.660.890.580.720.650.910.9-0.520.98-0.290.90.910.840.97-0.470.67
0.850.030.630.860.660.930.880.840.580.810.730.440.570.640.740.93-0.350.93-0.290.70.990.730.85-0.670.59
0.99-0.050.670.990.530.960.950.840.540.540.930.40.740.70.970.87-0.490.96-0.330.930.870.830.95-0.420.72
0.550.690.920.560.850.590.560.580.540.850.410.320.490.470.410.78-0.10.62-0.250.350.570.580.56-0.360.39
0.570.550.790.60.840.680.660.810.540.850.370.40.440.520.380.85-0.080.71-0.190.340.760.560.62-0.50.33
0.93-0.110.590.920.490.90.890.730.930.410.370.590.620.430.970.77-0.740.88-0.350.970.790.880.9-0.510.82
0.510.30.450.510.480.510.580.440.40.320.40.590.36-0.030.480.48-0.720.49-0.150.570.480.610.59-0.50.43
0.790.120.50.790.230.660.720.570.740.490.440.620.360.810.740.6-0.240.67-0.120.740.560.490.84-0.220.32
0.70.070.420.710.210.640.650.640.70.470.520.43-0.030.810.60.640.190.650.020.520.610.280.69-0.040.11
0.97-0.150.570.960.410.910.910.740.970.410.380.970.480.740.60.77-0.60.9-0.350.970.790.830.93-0.420.75
0.880.290.820.890.80.950.90.930.870.780.850.770.480.60.640.77-0.340.94-0.220.720.940.770.86-0.580.59
-0.530.16-0.29-0.51-0.32-0.48-0.52-0.35-0.49-0.1-0.08-0.74-0.72-0.240.19-0.6-0.34-0.470.37-0.7-0.39-0.75-0.550.49-0.78
0.960.070.760.960.691.00.980.930.960.620.710.880.490.670.650.90.94-0.47-0.340.870.960.850.94-0.570.71
-0.30.23-0.34-0.29-0.29-0.29-0.29-0.29-0.33-0.25-0.19-0.35-0.15-0.120.02-0.35-0.220.37-0.34-0.28-0.28-0.66-0.280.3-0.74
0.94-0.130.550.930.410.880.90.70.930.350.340.970.570.740.520.970.72-0.70.87-0.280.750.820.93-0.460.74
0.880.020.660.890.680.960.910.990.870.570.760.790.480.560.610.790.94-0.390.96-0.280.750.760.87-0.680.63
0.830.050.740.830.690.830.840.730.830.580.560.880.610.490.280.830.77-0.750.85-0.660.820.760.82-0.550.94
0.990.050.660.990.530.940.970.850.950.560.620.90.590.840.690.930.86-0.550.94-0.280.930.870.82-0.460.66
-0.440.01-0.44-0.44-0.6-0.58-0.47-0.67-0.42-0.36-0.5-0.51-0.5-0.22-0.04-0.42-0.580.49-0.570.3-0.46-0.68-0.55-0.46-0.55
0.7-0.210.540.680.530.70.670.590.720.390.330.820.430.320.110.750.59-0.780.71-0.740.740.630.940.66-0.55
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360 Security Account Relationship Matchups

360 Security fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.8B44.3B42.0B38.6B40.2B29.0B
Other Current Liab1.6B1.9B3.3B231.6M210.9M200.3M
Total Current Liabilities4.9B7.2B6.5B5.7B6.9B6.2B
Total Stockholder Equity28.7B36.8B35.0B31.7B31.9B23.6B
Other Liab185.9M206.0M266.6M327.3M376.4M288.3M
Net Tangible Assets22.6B27.3B34.5B32.0B36.8B21.3B
Retained Earnings13.9B16.5B17.6B13.3B14.1B11.1B
Accounts Payable2.3B2.1B2.1B2.2B2.2B1.9B
Cash19.5B26.6B19.2B22.8B26.1B16.0B
Other Assets740.8M494.5M557.9M490.1M563.6M575.6M
Net Receivables2.6B2.0B2.2B1.8B1.5B2.2B
Good Will1.1B1.7B2.3B2.3B2.7B1.4B
Short Term Investments130.5M22.6M2.6B504.0M733.7M619.9M
Other Current Assets435.1M634.4M548.8M437.0M367.3M477.4M
Other Stockholder Equity2.1B2.1B2.8B435.1M500.3M475.3M
Total Liab5.1B7.5B7.1B6.9B8.3B5.4B
Total Current Assets22.9B30.4B26.0B26.4B29.5B21.3B
Intangible Assets334.0M631.5M673.5M636.1M594.6M429.1M
Property Plant Equipment719.5M1.1B1.1B1.8B2.1B2.2B
Non Current Assets Total10.8B13.8B16.0B12.2B10.7B10.5B
Non Currrent Assets Other1.2B580.7M269.1M220.4M289.3M372.9M
Non Current Liabilities Total206.0M266.6M621.8M1.3B1.4B1.4B
Inventory278.1M406.6M675.3M538.2M364.0M348.9M
Deferred Long Term Liab191.9M148.1M265.3M192.0M172.8M215.6M
Net Invested Capital28.7B38.8B35.0B31.7B33.1B30.3B
Net Working Capital18.1B23.2B19.6B20.7B22.5B18.6B

Currently Active Assets on Macroaxis

Other Information on Investing in 360 Stock

Balance Sheet is a snapshot of the financial position of 360 Security Technology at a specified time, usually calculated after every quarter, six months, or one year. 360 Security Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 360 Security 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 360 currently owns. An asset can also be divided into two categories, current and non-current.