| 301288 Stock | | | 14.11 0.95 6.31% |
Qingyan Environmental financial indicator trend analysis is much more than just breaking down Qingyan Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qingyan Environmental is a good investment. Please check the relationship between Qingyan Environmental End Period Cash Flow and its Stock Based Compensation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Qingyan Environmental 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.
End Period Cash Flow vs Stock Based Compensation
End Period Cash Flow vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qingyan Environmental End Period Cash Flow account and
Stock Based Compensation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Qingyan Environmental's End Period Cash Flow and Stock Based Compensation is 0.53. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Qingyan Environmental Technology, assuming nothing else is changed. The correlation between historical values of Qingyan Environmental's End Period Cash Flow and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Qingyan Environmental Technology are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of End Period Cash Flow i.e., Qingyan Environmental's End Period Cash Flow and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.53 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
End Period Cash Flow
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Qingyan Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qingyan Environmental 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 Qingyan Environmental 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
Tax Provision is expected to grow to about 6.9
M, whereas
Selling General Administrative is forecasted to decline to about 23.9
M.
Qingyan Environmental fundamental ratios Correlations
Click cells to compare fundamentals
Qingyan Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qingyan Environmental fundamental ratios Accounts
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Other Information on Investing in Qingyan Stock
Balance Sheet is a snapshot of the
financial position of Qingyan Environmental at a specified time, usually calculated after every quarter, six months, or one year. Qingyan Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qingyan Environmental 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 Qingyan currently owns. An asset can also be divided into two categories, current and non-current.