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 Other Assets and its Cash And Short Term Investments 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.
Other Assets vs Cash And Short Term Investments
Other Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qiming Information Other Assets account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Qiming Information's Other Assets and Cash And Short Term Investments is -0.35. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash And Short Term Investments 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 Other Assets and Cash And Short Term 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 Other Assets of Qiming Information Technology are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Assets i.e., Qiming Information's Other Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Qiming Information balance sheet. This account contains Qiming Information investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Qiming Information Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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.