Qudian Accounts Payable vs Cash Analysis
QD Stock | USD 3.04 0.01 0.33% |
Qudian financial indicator trend analysis is much more than just breaking down Qudian Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qudian Inc is a good investment. Please check the relationship between Qudian Accounts Payable and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qudian Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qudian Inc Accounts Payable account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Qudian's Accounts Payable and Cash is 0.76. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Qudian Inc, assuming nothing else is changed. The correlation between historical values of Qudian's Accounts Payable and 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 Accounts Payable of Qudian Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Qudian's Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Qudian obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Qudian Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash
Cash refers to the most liquid asset of Qudian Inc, which is listed under current asset account on Qudian Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Qudian customers. The amounts must be unrestricted with restricted cash listed in a different Qudian account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Qudian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qudian Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qudian Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. The current year's Sales General And Administrative To Revenue is expected to grow to 2.27, whereas Selling General Administrative is forecasted to decline to about 255.5 M.
2020 | 2021 | 2023 | 2024 (projected) | Cost Of Revenue | 862.4M | 298.7M | 160.1M | 152.1M | Research Development | 170.7M | 141.3M | 47.8M | 45.4M |
Qudian fundamental ratios Correlations
Click cells to compare fundamentals
Qudian Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qudian fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.7B | 13.4B | 14.1B | 12.7B | 12.5B | 12.9B | |
Other Current Liab | 1.5B | 317.8M | 268.0M | 350.9M | 498.8M | 523.8M | |
Total Current Liabilities | 3.9B | 472.6M | 493.5M | 584.9M | 754.5M | 716.8M | |
Total Stockholder Equity | 11.9B | 11.9B | 12.5B | 12.0B | 11.7B | 7.6B | |
Other Liab | 179.0M | 10.9M | 58.6M | 2.1M | 2.4M | 2.3M | |
Net Tangible Assets | 11.9B | 11.9B | 12.5B | 12.0B | 13.8B | 7.8B | |
Retained Earnings | 8.3B | 8.3B | 8.9B | 8.5B | 8.6B | 4.3B | |
Accounts Payable | 88.9M | 50.4M | 109.8M | 107.9M | 109.3M | 90.1M | |
Cash | 2.9B | 1.5B | 2.1B | 3.5B | 7.2B | 7.6B | |
Other Assets | 821.7M | 626.1M | 510.7M | 451.1M | 518.7M | 528.5M | |
Long Term Debt | 2.3B | 924.4M | 826.7M | 116.2M | 133.7M | 127.0M | |
Net Receivables | 11.0B | 4.2B | 2.4B | 910.8M | 354.3M | 336.6M | |
Common Stock Total Equity | 221.0K | 205.3K | 175.5K | 176K | 202.4K | 130.8K | |
Short Term Investments | 231.1M | 5.0B | 5.9B | 5.4B | 2.2B | 2.2B | |
Inventory | 8.9M | 91.9M | 15.2M | 116.7M | 10.4M | 9.9M | |
Other Current Assets | 1.6B | 805.8M | 1.8B | 1.2B | 390.9M | 371.4M | |
Other Stockholder Equity | 3.6B | 3.6B | 3.7B | 3.5B | 3.1B | 3.4B | |
Total Liab | 6.7B | 1.5B | 1.5B | 703.7M | 794.2M | 754.5M | |
Long Term Investments | 267.9M | 559.1M | 371.6M | 350.1M | 347.4M | 224.3M | |
Short Long Term Debt | 8.0B | 3.9B | 1.0B | 29.1M | 33.4M | 31.8M | |
Total Current Assets | 17.0B | 11.7B | 12.2B | 11.1B | 10.2B | 11.6B | |
Accumulated Other Comprehensive Income | (13.0M) | (51.4M) | (59.0M) | (46.0M) | (24.1M) | (25.3M) | |
Short Term Debt | 1.1B | 23.8M | 37.5M | 35.4M | 29.9M | 28.4M | |
Intangible Assets | 6.8M | 8.5M | 11.0M | 9.7M | 3.1M | 2.9M | |
Common Stock | 221K | 205K | 175K | 176K | 175.9K | 149.6K | |
Property Plant Equipment | 241.7M | 513.9M | 959.7M | 877.0M | 1.0B | 1.1B | |
Short Long Term Debt Total | 3.4B | 1.0B | 1.0B | 152.0M | 69.7M | 66.2M | |
Property Plant And Equipment Net | 241.7M | 513.9M | 959.7M | 877.0M | 1.5B | 1.5B | |
Current Deferred Revenue | 1.2B | 367.1M | 348.4M | 196.8M | 177.1M | 168.2M | |
Net Debt | 571.8M | (509.1M) | (1.0B) | (3.3B) | (7.1B) | (6.8B) | |
Non Current Assets Total | 1.6B | 1.7B | 1.9B | 1.7B | 2.3B | 1.4B | |
Non Currrent Assets Other | 531.4M | 471.1M | 443.4M | 451.1M | 498.8M | 500.8M | |
Cash And Short Term Investments | 3.1B | 6.6B | 8.0B | 8.9B | 9.4B | 5.8B | |
Common Stock Shares Outstanding | 322.0M | 300.5M | 274.3M | 266.3M | 222.2M | 232.6M | |
Long Term Debt Total | 2.3B | 924.4M | 826.7M | 116.2M | 133.7M | 127.0M | |
Liabilities And Stockholders Equity | 18.7B | 13.4B | 14.1B | 12.7B | 12.5B | 14.3B | |
Non Current Liabilities Total | 2.8B | 1.0B | 1.1B | 118.8M | 39.8M | 37.8M | |
Capital Surpluse | 4.0B | 4.0B | 4.0B | 4.0B | 4.6B | 4.1B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qudian Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Consumer Finance 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 Qudian. If investors know Qudian 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 Qudian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.515 | Earnings Share (0.28) | Revenue Per Share 1.016 | Quarterly Revenue Growth 3.81 | Return On Assets (0.02) |
The market value of Qudian Inc is measured differently than its book value, which is the value of Qudian that is recorded on the company's balance sheet. Investors also form their own opinion of Qudian's value that differs from its market value or its book value, called intrinsic value, which is Qudian'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 Qudian's market value can be influenced by many factors that don't directly affect Qudian'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 Qudian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qudian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qudian'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.