Bank Historical Balance Sheet
002948 Stock | 3.84 0.05 1.32% |
Trend analysis of Bank of Qingdao balance sheet accounts such as Other Current Liab of 468.7 M, Total Current Liabilities of 351 B or Total Stockholder Equity of 31.1 B provides information on Bank of Qingdao's total assets, liabilities, and equity, which is the actual value of Bank of Qingdao to its prevalent stockholders. By breaking down trends over time using Bank of Qingdao balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Bank of Qingdao latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Bank of Qingdao is a good buy for the upcoming year.
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About Bank Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Bank of Qingdao at a specified time, usually calculated after every quarter, six months, or one year. Bank of Qingdao Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of Qingdao 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 Bank currently owns. An asset can also be divided into two categories, current and non-current.
Bank of Qingdao Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Bank of Qingdao assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bank of Qingdao books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Bank of Qingdao balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bank of Qingdao are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents Bank of Qingdao 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 Bank of Qingdao 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.Most accounts from Bank of Qingdao's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Bank of Qingdao current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Bank of Qingdao. 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. At present, Bank of Qingdao's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 9.1 B, whereas Total Assets are forecasted to decline to about 437.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 767.3M | 703.9M | 809.5M | 468.7M | Total Assets | 522.2B | 529.6B | 608.0B | 437.9B |
Bank of Qingdao balance sheet Correlations
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Bank of Qingdao Account Relationship Matchups
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Bank of Qingdao balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 373.6B | 459.8B | 522.2B | 529.6B | 608.0B | 437.9B | |
Other Current Liab | 415.7M | 818.3M | 767.3M | 703.9M | 809.5M | 468.7M | |
Total Current Liabilities | 316.9B | 404.0B | 471.3B | 412.1B | 473.9B | 351.0B | |
Total Stockholder Equity | 29.9B | 30.3B | 32.6B | 35.8B | 39.1B | 31.1B | |
Other Liab | 1.2B | 3.6B | 2.3B | 5.6B | 6.4B | 6.7B | |
Net Tangible Assets | 21.9B | 22.2B | 24.5B | 35.8B | 41.2B | 24.0B | |
Retained Earnings | 8.6B | 9.6B | 11.2B | 12.8B | 5.0B | 9.1B | |
Accounts Payable | 229.1B | 289.2B | 319.9B | 354.5B | 9.6B | 9.1B | |
Cash | 44.3B | 49.8B | 60.5B | 38.7B | 47.1B | 42.0B | |
Other Assets | 179.2B | 216.1B | 253.8B | 22.0B | 25.3B | 24.0B | |
Other Current Assets | 21.5B | 24.5B | 20.8B | 262.5B | 301.9B | 317.0B | |
Other Stockholder Equity | 9.0B | 32.7M | 746.5M | 17.2B | 19.7B | 20.7B | |
Total Liab | 343.1B | 428.9B | 488.9B | 493.0B | 568.0B | 406.2B | |
Deferred Long Term Liab | 619.2M | 196.2M | 259.3M | 352.2M | 405.1M | 389.9M | |
Long Term Investments | 142.4B | 178.5B | 190.1B | 202.2B | 226.2B | 168.3B | |
Total Current Assets | 71.9B | 99.7B | 131.0B | 348.4B | 400.7B | 420.7B | |
Intangible Assets | 194.2M | 252.5M | 296.6M | 353.1M | 420.1M | 278.3M | |
Property Plant Equipment | 3.9B | 4.1B | 4.2B | 4.3B | 4.9B | 3.4B | |
Inventory | 10.5M | 111.3M | 50.1M | 29.4M | 33.9M | 42.1M | |
Net Debt | 72.1B | 22.9B | 31.6B | 36.2B | 42.2B | 31.2B | |
Net Invested Capital | 46.7B | 44.9B | 51.8B | 46.1B | 128.3B | 68.8B |
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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.Other Information on Investing in Bank Stock
Balance Sheet is a snapshot of the financial position of Bank of Qingdao at a specified time, usually calculated after every quarter, six months, or one year. Bank of Qingdao Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of Qingdao 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 Bank currently owns. An asset can also be divided into two categories, current and non-current.