Qilian Capital Stock vs Total Current Assets Analysis

BGM Stock

8.53 0.08 0.95%

Qilian International financial indicator trend analysis is much more than just breaking down Qilian International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qilian International is a good investment. Please check the relationship between Qilian International Capital Stock and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qilian International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Capital Stock vs Total Current Assets

Capital Stock vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qilian International Capital Stock account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Qilian International's Capital Stock and Total Current Assets is -0.73. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Qilian International Holding, assuming nothing else is changed. The correlation between historical values of Qilian International's Capital Stock and Total Current 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 Capital Stock of Qilian International Holding are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Stock i.e., Qilian International's Capital Stock and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Qilian International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qilian International 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 Qilian International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

As of the 11th of December 2024, Tax Provision is likely to grow to about 306.7 K, while Selling General Administrative is likely to drop about 4 M.

	2023	2024 (projected)
Tax Provision	197.2K	306.7K
Interest Expense	51.9K	49.3K

Tax Provision Interest Expense

Qilian International fundamental ratios Correlations

	Net Debt	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Other Current Assets
Net Debt		0.18	0.53	-0.48	-0.55	0.47	0.36	0.58	-0.35	0.94	-0.47	-0.84	0.52	0.53	0.56	0.53	-0.46	0.15	-0.65	0.65	0.75	-0.66	-0.57	-0.47	-0.82
Total Assets	0.18		-0.08	0.66	0.38	0.48	0.88	0.15	0.82	0.31	0.09	-0.08	-0.37	-0.37	0.07	-0.1	0.75	0.96	0.33	-0.02	0.08	0.33	0.04	-0.18	-0.21
Total Current Liabilities	0.53	-0.08		-0.74	-0.92	0.66	0.39	0.64	-0.52	0.71	-0.65	-0.74	0.94	0.95	0.98	1.0	-0.6	-0.16	-0.88	0.98	0.84	-0.88	-0.88	-0.81	-0.65
Total Stockholder Equity	-0.48	0.66	-0.74		0.93	-0.18	0.28	-0.44	0.94	-0.47	0.59	0.64	-0.91	-0.92	-0.64	-0.75	0.98	0.69	0.91	-0.72	-0.61	0.91	0.7	0.48	0.5
Property Plant And Equipment Net	-0.55	0.38	-0.92	0.93		-0.52	-0.08	-0.67	0.75	-0.63	0.76	0.79	-0.99	-0.98	-0.88	-0.92	0.84	0.41	0.99	-0.88	-0.72	0.98	0.9	0.76	0.68
Retained Earnings	0.47	0.48	0.66	-0.18	-0.52		0.8	0.9	0.16	0.6	-0.8	-0.65	0.54	0.47	0.8	0.65	-0.04	0.53	-0.54	0.63	0.41	-0.53	-0.82	-0.93	-0.66
Accounts Payable	0.36	0.88	0.39	0.28	-0.08	0.8		0.49	0.54	0.56	-0.29	-0.39	0.11	0.09	0.53	0.38	0.43	0.83	-0.11	0.42	0.4	-0.1	-0.41	-0.59	-0.48
Cash	0.58	0.15	0.64	-0.44	-0.67	0.9	0.49		-0.14	0.59	-0.96	-0.74	0.67	0.59	0.77	0.65	-0.37	0.26	-0.72	0.62	0.36	-0.7	-0.89	-0.92	-0.72
Non Current Assets Total	-0.35	0.82	-0.52	0.94	0.75	0.16	0.54	-0.14		-0.29	0.31	0.42	-0.73	-0.76	-0.37	-0.53	0.97	0.86	0.73	-0.52	-0.49	0.73	0.41	0.15	0.27
Non Currrent Assets Other	0.94	0.31	0.71	-0.47	-0.63	0.6	0.56	0.59	-0.29		-0.47	-0.86	0.61	0.64	0.74	0.71	-0.38	0.22	-0.69	0.82	0.89	-0.7	-0.67	-0.61	-0.85
Net Receivables	-0.47	0.09	-0.65	0.59	0.76	-0.8	-0.29	-0.96	0.31	-0.47		0.74	-0.75	-0.66	-0.75	-0.66	0.52	-0.02	0.8	-0.59	-0.3	0.78	0.92	0.91	0.69
Common Stock Shares Outstanding	-0.84	-0.08	-0.74	0.64	0.79	-0.65	-0.39	-0.74	0.42	-0.86	0.74		-0.73	-0.72	-0.77	-0.74	0.57	-0.02	0.87	-0.75	-0.74	0.88	0.86	0.77	0.98
Non Current Liabilities Total	0.52	-0.37	0.94	-0.91	-0.99	0.54	0.11	0.67	-0.73	0.61	-0.75	-0.73		0.99	0.9	0.94	-0.82	-0.39	-0.96	0.91	0.72	-0.96	-0.89	-0.76	-0.61
Capital Lease Obligations	0.53	-0.37	0.95	-0.92	-0.98	0.47	0.09	0.59	-0.76	0.64	-0.66	-0.72	0.99		0.88	0.95	-0.82	-0.43	-0.95	0.93	0.78	-0.95	-0.85	-0.71	-0.6
Inventory	0.56	0.07	0.98	-0.64	-0.88	0.8	0.53	0.77	-0.37	0.74	-0.75	-0.77	0.9	0.88		0.97	-0.49	0.02	-0.85	0.95	0.78	-0.85	-0.93	-0.91	-0.7
Total Liab	0.53	-0.1	1.0	-0.75	-0.92	0.65	0.38	0.65	-0.53	0.71	-0.66	-0.74	0.94	0.95	0.97		-0.61	-0.17	-0.89	0.98	0.83	-0.88	-0.89	-0.81	-0.65
Net Invested Capital	-0.46	0.75	-0.6	0.98	0.84	-0.04	0.43	-0.37	0.97	-0.38	0.52	0.57	-0.82	-0.82	-0.49	-0.61		0.76	0.84	-0.59	-0.5	0.85	0.59	0.35	0.43
Long Term Investments	0.15	0.96	-0.16	0.69	0.41	0.53	0.83	0.26	0.86	0.22	-0.02	-0.02	-0.39	-0.43	0.02	-0.17	0.76		0.36	-0.11	-0.08	0.36	0.03	-0.2	-0.15
Property Plant And Equipment Gross	-0.65	0.33	-0.88	0.91	0.99	-0.54	-0.11	-0.72	0.73	-0.69	0.8	0.87	-0.96	-0.95	-0.85	-0.89	0.84	0.36		-0.86	-0.72	1.0	0.92	0.77	0.77
Short Long Term Debt	0.65	-0.02	0.98	-0.72	-0.88	0.63	0.42	0.62	-0.52	0.82	-0.59	-0.75	0.91	0.93	0.95	0.98	-0.59	-0.11	-0.86		0.91	-0.86	-0.84	-0.75	-0.67
Total Current Assets	0.75	0.08	0.84	-0.61	-0.72	0.41	0.4	0.36	-0.49	0.89	-0.3	-0.74	0.72	0.78	0.78	0.83	-0.5	-0.08	-0.72	0.91		-0.73	-0.62	-0.51	-0.68
Capital Stock	-0.66	0.33	-0.88	0.91	0.98	-0.53	-0.1	-0.7	0.73	-0.7	0.78	0.88	-0.96	-0.95	-0.85	-0.88	0.85	0.36	1.0	-0.86	-0.73		0.91	0.76	0.78
Net Working Capital	-0.57	0.04	-0.88	0.7	0.9	-0.82	-0.41	-0.89	0.41	-0.67	0.92	0.86	-0.89	-0.85	-0.93	-0.89	0.59	0.03	0.92	-0.84	-0.62	0.91		0.96	0.8
Intangible Assets	-0.47	-0.18	-0.81	0.48	0.76	-0.93	-0.59	-0.92	0.15	-0.61	0.91	0.77	-0.76	-0.71	-0.91	-0.81	0.35	-0.2	0.77	-0.75	-0.51	0.76	0.96		0.75
Other Current Assets	-0.82	-0.21	-0.65	0.5	0.68	-0.66	-0.48	-0.72	0.27	-0.85	0.69	0.98	-0.61	-0.6	-0.7	-0.65	0.43	-0.15	0.77	-0.67	-0.68	0.78	0.8	0.75

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Qilian International Account Relationship Matchups

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When determining whether Qilian International is a strong investment it is important to analyze Qilian International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Qilian International's future performance. For an informed investment choice regarding Qilian Stock, refer to the following important reports:

How To Invest In Qilian

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Is Qilian Stock a good investment?

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What is Qilian International's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qilian International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Stocks Directory module to find actively traded stocks across global markets.

Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qilian International. If investors know Qilian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qilian International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.10)

Revenue Per Share

4.178

Quarterly Revenue Growth

(0.57)

Return On Assets

(0.04)

Return On Equity

(0.17)

The market value of Qilian International is measured differently than its book value, which is the value of Qilian that is recorded on the company's balance sheet. Investors also form their own opinion of Qilian International's value that differs from its market value or its book value, called intrinsic value, which is Qilian International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qilian International's market value can be influenced by many factors that don't directly affect Qilian International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Qilian International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qilian International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qilian International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Qilian Capital Stock vs Total Current Assets Analysis

Capital Stock vs Total Current Assets

Capital Stock vs Total Current Assets Correlation Analysis

Correlation Coefficient

Capital Stock

Total Current Assets

Qilian International fundamental ratios Correlations

Qilian International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Liab	+ 1.0	Total Current Liabilities
Capital Stock	+ 1.0	Property Plant And Equipment Gross
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Capital Lease Obligations	+ 0.99	Non Current Liabilities Total
Inventory	+ 0.98	Total Current Liabilities
Short Long Term Debt	+ 0.98	Total Current Liabilities

Non Current Liabilities Total	- 0.99	Property Plant And Equipment Net
Capital Lease Obligations	- 0.98	Property Plant And Equipment Net
Capital Stock	- 0.96	Non Current Liabilities Total
Property Plant And Equipment Gross	- 0.96	Non Current Liabilities Total
Net Receivables	- 0.96	Cash
Capital Stock	- 0.95	Capital Lease Obligations