Qinghai Change To Account Receivables vs Other Non Cash Items Analysis

000792 Stock   16.68  0.21  1.24%   
Qinghai Salt financial indicator trend analysis is much more than just breaking down Qinghai Salt Lake prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qinghai Salt Lake is a good investment. Please check the relationship between Qinghai Salt Change To Account Receivables and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qinghai Salt Lake. 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 Account Receivables vs Other Non Cash Items

Change To Account Receivables vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qinghai Salt Lake Change To Account Receivables account and Other Non Cash Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between Qinghai Salt's Change To Account Receivables and Other Non Cash Items is 0.7. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Qinghai Salt Lake, assuming nothing else is changed. The correlation between historical values of Qinghai Salt's Change To Account Receivables and Other Non Cash Items 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 Account Receivables of Qinghai Salt Lake are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Account Receivables i.e., Qinghai Salt's Change To Account Receivables and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Account Receivables

Other Non Cash Items

Most indicators from Qinghai Salt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qinghai Salt Lake 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 Qinghai Salt Lake. 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 1.3 B, whereas Selling General Administrative is forecasted to decline to about 303.1 M.
 2021 2022 2023 2024 (projected)
Operating Income6.8B21.4B9.9B10.4B
Total Revenue14.8B30.7B21.6B22.7B

Qinghai Salt fundamental ratios Correlations

0.620.680.50.610.920.14-0.19-0.170.90.710.82-0.20.940.290.830.17-0.050.360.62-0.080.220.290.11-0.220.49
0.620.630.050.30.64-0.16-0.2-0.150.70.520.66-0.250.650.440.620.41-0.250.020.720.110.30.4-0.14-0.210.35
0.680.63-0.150.170.85-0.10.050.050.820.570.91-0.20.680.690.660.37-0.32-0.330.67-0.440.10.7-0.280.080.22
0.50.05-0.150.50.210.66-0.06-0.510.190.1-0.040.290.32-0.460.06-0.390.00.870.240.4-0.3-0.540.62-0.10.19
0.610.30.170.50.51-0.13-0.75-0.210.450.70.37-0.670.7-0.110.56-0.440.620.720.27-0.350.40.340.21-0.770.93
0.920.640.850.210.51-0.11-0.21-0.060.940.770.94-0.310.950.440.880.26-0.090.090.71-0.30.270.54-0.21-0.20.51
0.14-0.16-0.10.66-0.13-0.110.58-0.49-0.06-0.42-0.180.73-0.18-0.14-0.32-0.24-0.420.320.020.42-0.74-0.630.730.44-0.47
-0.19-0.20.05-0.06-0.75-0.210.580.0-0.15-0.62-0.10.82-0.420.2-0.340.29-0.66-0.46-0.150.35-0.67-0.430.130.76-0.87
-0.17-0.150.05-0.51-0.21-0.06-0.490.00.040.260.08-0.19-0.080.230.10.420.24-0.46-0.37-0.30.310.29-0.41-0.06-0.05
0.90.70.820.190.450.94-0.06-0.150.040.80.93-0.260.90.580.870.38-0.10.040.63-0.250.290.51-0.17-0.230.43
0.710.520.570.10.70.77-0.42-0.620.260.80.71-0.640.830.330.790.160.390.190.38-0.480.550.65-0.22-0.560.76
0.820.660.91-0.040.370.94-0.18-0.10.080.930.71-0.350.860.690.90.36-0.09-0.170.6-0.380.280.67-0.33-0.210.42
-0.2-0.25-0.20.29-0.67-0.310.730.82-0.19-0.26-0.64-0.35-0.47-0.19-0.540.14-0.72-0.11-0.040.64-0.8-0.750.280.8-0.86
0.940.650.680.320.70.95-0.18-0.42-0.080.90.830.86-0.470.30.930.160.140.310.63-0.240.440.48-0.15-0.440.7
0.290.440.69-0.46-0.110.44-0.140.20.230.580.330.69-0.190.30.50.39-0.2-0.630.23-0.340.140.63-0.34-0.03-0.01
0.830.620.660.060.560.88-0.32-0.340.10.870.790.9-0.540.930.50.320.210.070.43-0.280.560.57-0.28-0.480.62
0.170.410.37-0.39-0.440.26-0.240.290.420.380.160.360.140.160.390.32-0.35-0.520.10.140.290.13-0.410.27-0.31
-0.05-0.25-0.320.00.62-0.09-0.42-0.660.24-0.10.39-0.09-0.720.14-0.20.21-0.350.37-0.52-0.450.470.250.01-0.830.68
0.360.02-0.330.870.720.090.32-0.46-0.460.040.19-0.17-0.110.31-0.630.07-0.520.370.120.230.04-0.380.55-0.440.51
0.620.720.670.240.270.710.02-0.15-0.370.630.380.6-0.040.630.230.430.1-0.520.120.040.040.3-0.170.070.27
-0.080.11-0.440.4-0.35-0.30.420.35-0.3-0.25-0.48-0.380.64-0.24-0.34-0.280.14-0.450.230.04-0.3-0.810.220.33-0.46
0.220.30.1-0.30.40.27-0.74-0.670.310.290.550.28-0.80.440.140.560.290.470.040.04-0.30.51-0.32-0.560.59
0.290.40.7-0.540.340.54-0.63-0.430.290.510.650.67-0.750.480.630.570.130.25-0.380.3-0.810.51-0.44-0.370.55
0.11-0.14-0.280.620.21-0.210.730.13-0.41-0.17-0.22-0.330.28-0.15-0.34-0.28-0.410.010.55-0.170.22-0.32-0.440.13-0.11
-0.22-0.210.08-0.1-0.77-0.20.440.76-0.06-0.23-0.56-0.210.8-0.44-0.03-0.480.27-0.83-0.440.070.33-0.56-0.370.13-0.86
0.490.350.220.190.930.51-0.47-0.87-0.050.430.760.42-0.860.7-0.010.62-0.310.680.510.27-0.460.590.55-0.11-0.86
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Qinghai Salt Account Relationship Matchups

Qinghai Salt fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.5B20.1B25.3B42.0B46.4B33.3B
Other Current Liab3.1B1.5B1.0B2.6B73.5M69.8M
Total Current Liabilities29.2B5.1B5.9B8.5B9.4B10.1B
Total Stockholder Equity(30.5B)4.1B9.3B25.2B31.9B33.5B
Retained Earnings(43.1B)(41.1B)(36.6B)(21.0B)(15.1B)(14.3B)
Accounts Payable3.7B2.1B1.7B2.0B2.3B2.7B
Cash1.5B2.1B5.3B16.5B17.8B18.6B
Other Assets3.3B2.4B2.7B2.6B3.0B3.2B
Net Receivables3.8B908.5M4.4B630.8M177.8M168.9M
Inventory2.2B1.3B1.2B1.8B1.2B1.7B
Other Current Assets1.7B569.1M266.8M596.5M269.1M255.6M
Total Liab51.6B14.8B13.6B13.5B11.7B22.1B
Property Plant Equipment8.2B8.7B8.3B8.2B9.5B9.0B
Other Liab3.9B812.2M564.3M641.0M737.2M1.1B
Long Term Debt15.2B7.1B6.5B4.0B128.2M121.8M
Intangible Assets1.1B1.1B1.0B1.0B174.2M165.5M
Net Tangible Assets(31.7B)3.0B8.3B24.2B21.8B22.8B
Other Stockholder Equity343.5M346.2M408.2M383.3M345.0M676.4M
Deferred Long Term Liab6.9M52.6M53.0M39.5M45.4M36.5M
Short Long Term Debt4.5B6.3B8.2B76.9M12M11.4M
Total Current Assets9.2B7.1B12.4B29.3B30.4B18.2B
Non Current Assets Total13.3B13.0B12.9B12.7B16.0B26.5B
Non Currrent Assets Other242.7M159.8M351.5M413.6M3.5B3.7B
Non Current Liabilities Total22.4B9.7B7.8B5.0B2.3B2.2B
Non Current Liabilities Other20.4B1.3B125.9M148.3M80.2M76.2M
Net Invested Capital(7.1B)11.2B15.8B29.2B32.0B22.9B
Net Working Capital(20.0B)2.0B6.5B20.8B21.0B22.0B

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Other Information on Investing in Qinghai Stock

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