002232 Stock | | | 19.87 0.05 0.25% |
Qiming Information financial indicator trend analysis is much more than just breaking down Qiming Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qiming Information is a good investment. Please check the relationship between Qiming Information Cash and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Qiming Information 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.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qiming Information Cash account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Qiming Information's Cash and Property Plant And Equipment Net is 0.2. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Qiming Information Technology, assuming nothing else is changed. The correlation between historical values of Qiming Information's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Qiming Information Technology are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Qiming Information's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Qiming Information, which is listed under current asset account on Qiming Information Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Qiming Information customers. The amounts must be unrestricted with restricted cash listed in a different Qiming Information 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.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Qiming Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qiming Information 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 Qiming Information 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 23.3
M. The current year's
Tax Provision is expected to grow to about 10.5
MQiming Information fundamental ratios Correlations
Click cells to compare fundamentals
Qiming Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qiming Information fundamental ratios Accounts
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Other Information on Investing in Qiming Stock
Balance Sheet is a snapshot of the
financial position of Qiming Information at a specified time, usually calculated after every quarter, six months, or one year. Qiming Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qiming Information 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 Qiming currently owns. An asset can also be divided into two categories, current and non-current.