601665 Stock | | | 5.24 0.06 1.13% |
Qilu Bank financial indicator trend analysis is much more than just breaking down Qilu Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qilu Bank is a good investment. Please check the relationship between Qilu Bank Net Income and its Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Qilu Bank Co. 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.
Net Income vs Investments
Net Income vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qilu Bank Net Income account and
Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Qilu Bank's Net Income and Investments is -0.88. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Investments in the same time period over historical financial statements of Qilu Bank Co, assuming nothing else is changed. The correlation between historical values of Qilu Bank's Net Income and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Qilu Bank Co are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Net Income i.e., Qilu Bank's Net Income and Investments go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Qilu Bank financial statement analysis. It represents the amount of money remaining after all of Qilu Bank Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Qilu Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qilu Bank 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 Qilu Bank Co. 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 3.3
B. The current year's
Tax Provision is expected to grow to about 215.5
MQilu Bank fundamental ratios Correlations
Click cells to compare fundamentals
Qilu Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qilu Bank fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Qilu Stock
Balance Sheet is a snapshot of the
financial position of Qilu Bank at a specified time, usually calculated after every quarter, six months, or one year. Qilu Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qilu Bank 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 Qilu currently owns. An asset can also be divided into two categories, current and non-current.