Qingyan Short Term Investments vs Net Invested Capital Analysis

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 Short Term Investments and its Net Invested Capital 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.

Short Term Investments vs Net Invested Capital

Short Term Investments vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qingyan Environmental Short Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Qingyan Environmental's Short Term Investments and Net Invested Capital is 0.95. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Invested Capital 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 Short Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Qingyan Environmental Technology are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Term Investments i.e., Qingyan Environmental's Short Term Investments and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Short Term Investments

Short Term Investments is an item under the current assets section of Qingyan Environmental balance sheet. It contains any investments Qingyan Environmental Technology undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Qingyan Environmental can easily liquidate in the marketplace.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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.

	2022	2023	2024	2025 (projected)
Net Interest Income	5.5M	9.9M	11.4M	11.9M
Tax Provision	2.9M	4.4M	4.0M	6.9M

Net Interest Income Tax Provision

Qingyan Environmental fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Property Plant And Equipment Net	Net Debt	Capital Lease Obligations	Property Plant And Equipment Gross	Intangible Assets	Non Currrent Assets Other
Total Assets		-0.85	0.06	1.0	0.87	0.87	0.93	0.91	0.94	0.93	0.94	0.55	-0.91	0.62	0.1	1.0	0.81	1.0	0.94	1.0	0.89	0.93	0.04	0.89	-0.65	-0.94
Other Current Liab	-0.85		0.37	-0.86	-0.66	-0.71	-0.76	-0.79	-0.84	-0.85	-0.96	-0.88	0.9	-0.75	0.34	-0.87	-0.91	-0.86	-0.97	-0.88	-0.74	-0.85	-0.38	-0.74	0.62	0.75
Total Current Liabilities	0.06	0.37		0.02	-0.04	0.22	0.16	0.14	-0.13	-0.15	-0.15	-0.74	0.31	0.04	1.0	0.02	-0.39	0.03	-0.2	-0.02	0.21	-0.22	-0.95	0.2	-0.13	-0.19
Total Stockholder Equity	1.0	-0.86	0.02		0.87	0.87	0.92	0.9	0.95	0.93	0.95	0.58	-0.92	0.62	0.06	1.0	0.83	1.0	0.95	1.0	0.89	0.94	0.08	0.89	-0.64	-0.93
Retained Earnings	0.87	-0.66	-0.04	0.87		0.81	0.78	0.82	0.96	0.94	0.79	0.48	-0.9	0.29	-0.02	0.87	0.64	0.85	0.77	0.86	0.81	0.95	0.24	0.82	-0.61	-0.81
Accounts Payable	0.87	-0.71	0.22	0.87	0.81		0.93	0.99	0.85	0.85	0.81	0.4	-0.79	0.56	0.25	0.86	0.62	0.86	0.79	0.85	1.0	0.79	-0.09	1.0	-0.89	-0.95
Cash	0.93	-0.76	0.16	0.92	0.78	0.93		0.94	0.84	0.85	0.82	0.46	-0.83	0.49	0.2	0.92	0.79	0.93	0.84	0.92	0.95	0.83	-0.04	0.95	-0.79	-0.99
Non Current Assets Total	0.91	-0.79	0.14	0.9	0.82	0.99	0.94		0.88	0.89	0.87	0.49	-0.84	0.59	0.17	0.9	0.7	0.9	0.85	0.89	1.0	0.84	-0.01	1.0	-0.88	-0.96
Net Receivables	0.94	-0.84	-0.13	0.95	0.96	0.85	0.84	0.88		0.99	0.92	0.65	-0.97	0.5	-0.1	0.95	0.78	0.94	0.91	0.95	0.86	0.99	0.28	0.86	-0.66	-0.86
Common Stock Shares Outstanding	0.93	-0.85	-0.15	0.93	0.94	0.85	0.85	0.89	0.99		0.91	0.69	-0.97	0.49	-0.12	0.94	0.82	0.93	0.91	0.93	0.86	0.99	0.32	0.87	-0.73	-0.86
Short Term Investments	0.94	-0.96	-0.15	0.95	0.79	0.81	0.82	0.87	0.92	0.91		0.74	-0.92	0.77	-0.12	0.95	0.85	0.95	0.99	0.96	0.83	0.91	0.21	0.83	-0.65	-0.83
Non Current Liabilities Total	0.55	-0.88	-0.74	0.58	0.48	0.4	0.46	0.49	0.65	0.69	0.74		-0.78	0.49	-0.71	0.59	0.85	0.58	0.78	0.62	0.42	0.71	0.75	0.43	-0.44	-0.44
Inventory	-0.91	0.9	0.31	-0.92	-0.9	-0.79	-0.83	-0.84	-0.97	-0.97	-0.92	-0.78		-0.47	0.28	-0.93	-0.89	-0.92	-0.93	-0.93	-0.81	-0.99	-0.43	-0.81	0.64	0.83
Other Current Assets	0.62	-0.75	0.04	0.62	0.29	0.56	0.49	0.59	0.5	0.49	0.77	0.49	-0.47		0.07	0.62	0.5	0.62	0.75	0.62	0.57	0.45	-0.14	0.56	-0.47	-0.51
Total Liab	0.1	0.34	1.0	0.06	-0.02	0.25	0.2	0.17	-0.1	-0.12	-0.12	-0.71	0.28	0.07		0.05	-0.36	0.07	-0.17	0.01	0.24	-0.19	-0.94	0.23	-0.15	-0.22
Net Invested Capital	1.0	-0.87	0.02	1.0	0.87	0.86	0.92	0.9	0.95	0.94	0.95	0.59	-0.93	0.62	0.05		0.84	1.0	0.95	1.0	0.88	0.94	0.08	0.89	-0.64	-0.93
Short Long Term Debt	0.81	-0.91	-0.39	0.83	0.64	0.62	0.79	0.7	0.78	0.82	0.85	0.85	-0.89	0.5	-0.36	0.84		0.84	0.9	0.86	0.66	0.84	0.44	0.66	-0.54	-0.76
Total Current Assets	1.0	-0.86	0.03	1.0	0.85	0.86	0.93	0.9	0.94	0.93	0.95	0.58	-0.92	0.62	0.07	1.0	0.84		0.95	1.0	0.89	0.93	0.06	0.89	-0.65	-0.94
Capital Stock	0.94	-0.97	-0.2	0.95	0.77	0.79	0.84	0.85	0.91	0.91	0.99	0.78	-0.93	0.75	-0.17	0.95	0.9	0.95		0.96	0.81	0.91	0.25	0.82	-0.63	-0.84
Net Working Capital	1.0	-0.88	-0.02	1.0	0.86	0.85	0.92	0.89	0.95	0.93	0.96	0.62	-0.93	0.62	0.01	1.0	0.86	1.0	0.96		0.87	0.94	0.11	0.88	-0.64	-0.93
Property Plant And Equipment Net	0.89	-0.74	0.21	0.89	0.81	1.0	0.95	1.0	0.86	0.86	0.83	0.42	-0.81	0.57	0.24	0.88	0.66	0.89	0.81	0.87		0.81	-0.08	1.0	-0.88	-0.96
Net Debt	0.93	-0.85	-0.22	0.94	0.95	0.79	0.83	0.84	0.99	0.99	0.91	0.71	-0.99	0.45	-0.19	0.94	0.84	0.93	0.91	0.94	0.81		0.38	0.81	-0.63	-0.83
Capital Lease Obligations	0.04	-0.38	-0.95	0.08	0.24	-0.09	-0.04	-0.01	0.28	0.32	0.21	0.75	-0.43	-0.14	-0.94	0.08	0.44	0.06	0.25	0.11	-0.08	0.38		-0.07	-0.03	0.08
Property Plant And Equipment Gross	0.89	-0.74	0.2	0.89	0.82	1.0	0.95	1.0	0.86	0.87	0.83	0.43	-0.81	0.56	0.23	0.89	0.66	0.89	0.82	0.88	1.0	0.81	-0.07		-0.88	-0.96
Intangible Assets	-0.65	0.62	-0.13	-0.64	-0.61	-0.89	-0.79	-0.88	-0.66	-0.73	-0.65	-0.44	0.64	-0.47	-0.15	-0.64	-0.54	-0.65	-0.63	-0.64	-0.88	-0.63	-0.03	-0.88		0.78
Non Currrent Assets Other	-0.94	0.75	-0.19	-0.93	-0.81	-0.95	-0.99	-0.96	-0.86	-0.86	-0.83	-0.44	0.83	-0.51	-0.22	-0.93	-0.76	-0.94	-0.84	-0.93	-0.96	-0.83	0.08	-0.96	0.78

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Qingyan Environmental Account Relationship Matchups

Qingyan Environmental fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	382.1M	428.4M	921.8M	961.3M	1.1B	636.6M
Other Current Liab	4.8M	1.9M	1.9M	2.2M	2.0M	1.9M
Total Current Liabilities	101.0M	63.9M	105.0M	112.1M	128.9M	108.9M
Total Stockholder Equity	279.3M	361.8M	815.2M	848.3M	975.5M	526.0M
Retained Earnings	19.0M	82.9M	79.6M	98.5M	113.3M	71.6M
Accounts Payable	9.1M	14.4M	45.0M	75.9M	87.3M	91.6M
Cash	11.1M	13.7M	391.4M	299.4M	344.3M	361.5M
Non Current Assets Total	36.1M	55.4M	139.7M	205.4M	236.2M	248.0M
Net Receivables	59.7M	127.5M	127.2M	149.0M	171.3M	115.2M
Short Term Investments	193.9M	191.1M	221.8M	265.3M	305.1M	203.7M
Non Current Liabilities Total	1.8M	2.9M	1.9M	1.2M	1.4M	1.9M
Inventory	46.4M	13.5M	13.5M	13.7M	12.4M	22.1M
Other Current Assets	16.4M	6.3M	6.9M	11.4M	13.1M	10.3M
Total Liab	102.8M	66.8M	106.9M	113.3M	130.3M	110.8M
Net Invested Capital	292.7M	379.6M	841.9M	861.9M	991.2M	542.8M
Short Long Term Debt	13.4M	17.8M	26.7M	13.7M	15.7M	16.8M
Total Current Assets	346.1M	373.0M	782.1M	756.0M	869.4M	536.0M
Net Working Capital	245.1M	309.2M	677.1M	643.8M	740.4M	427.0M

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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.

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Qingyan Short Term Investments vs Net Invested Capital Analysis

Short Term Investments vs Net Invested Capital

Short Term Investments vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Short Term Investments

Net Invested Capital

Qingyan Environmental fundamental ratios Correlations

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

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity

Net Debt	- 0.99	Inventory
Non Currrent Assets Other	- 0.99	Cash
Inventory	- 0.97	Common Stock Shares Outstanding
Inventory	- 0.97	Net Receivables
Capital Stock	- 0.97	Other Current Liab
Non Currrent Assets Other	- 0.96	Property Plant And Equipment Gross