IQIYI Common Stock vs Accounts Payable Analysis
IQ Stock | USD 2.35 0.12 4.86% |
IQIYI financial indicator trend analysis is infinitely more than just investigating iQIYI Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iQIYI Inc is a good investment. Please check the relationship between IQIYI Common Stock and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iQIYI Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Common Stock vs Accounts Payable
Common Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iQIYI Inc Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between IQIYI's Common Stock and Accounts Payable is 0.88. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of iQIYI Inc, assuming nothing else is changed. The correlation between historical values of IQIYI's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of iQIYI Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., IQIYI's Common Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock
Accounts Payable
An accounting item on the balance sheet that represents IQIYI 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 iQIYI Inc 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 indicators from IQIYI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iQIYI Inc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iQIYI Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. At this time, IQIYI's Selling General Administrative is relatively stable compared to the past year. As of 12/11/2024, Enterprise Value is likely to grow to about 72.6 B, while Tax Provision is likely to drop slightly above 52.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3B | 715.1M | 1.1B | 698.4M | Depreciation And Amortization | 16.8B | 13.7B | 14.1B | 11.4B |
IQIYI fundamental ratios Correlations
Click cells to compare fundamentals
IQIYI Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IQIYI fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.8B | 48.2B | 42.5B | 46.0B | 44.6B | 38.5B | |
Short Long Term Debt Total | 17.1B | 21.5B | 17.6B | 21.8B | 15.3B | 12.7B | |
Other Current Liab | 5.4B | 8.4B | 9.2B | 9.6B | 10.1B | 6.9B | |
Total Current Liabilities | 20.2B | 24.9B | 22.5B | 28.1B | 22.3B | 20.4B | |
Total Stockholder Equity | 9.6B | 9.3B | 5.2B | 6.3B | 12.1B | 7.1B | |
Other Liab | 664.2M | 530.6M | 1.0B | 1.5B | 1.7B | 1.8B | |
Net Tangible Assets | (1.4B) | (1.7B) | (6.5B) | (4.9B) | (5.6B) | (5.9B) | |
Retained Earnings | (33.8B) | (41.0B) | (47.2B) | (46.5B) | (44.6B) | (46.8B) | |
Accounts Payable | 8.2B | 7.6B | 8.9B | 6.0B | 5.7B | 7.1B | |
Cash | 5.9B | 10.9B | 3.0B | 7.1B | 4.4B | 4.8B | |
Non Current Assets Total | 24.5B | 25.9B | 30.9B | 32.3B | 32.0B | 23.6B | |
Non Currrent Assets Other | 3.7B | 2.7B | 3.0B | 3.9B | 14.3B | 15.0B | |
Other Assets | 8.1B | 9.3B | 14.0B | 16.9B | 19.5B | 20.4B | |
Long Term Debt | 13.2B | 11.9B | 12.7B | 9.6B | 8.2B | 7.5B | |
Cash And Short Term Investments | 10.5B | 14.3B | 4.3B | 7.9B | 5.4B | 7.1B | |
Net Receivables | 3.8B | 5.3B | 4.8B | 4.0B | 4.0B | 3.9B | |
Common Stock Shares Outstanding | 729.3M | 739.5M | 795.8M | 855.4M | 974.8M | 796.7M | |
Short Term Investments | 4.6B | 3.4B | 1.3B | 818.3M | 941.7M | 894.7M | |
Liabilities And Stockholders Equity | 44.8B | 48.2B | 42.5B | 46.0B | 44.6B | 37.2B | |
Non Current Liabilities Total | 15.0B | 14.0B | 14.3B | 11.6B | 10.1B | 10.9B | |
Capital Lease Obligations | 528.1M | 969.0M | 797.3M | 612.1M | 624.6M | 431.6M | |
Inventory | 974.9M | 25.2M | 77.7M | 13.6M | 568.2M | 422.0M | |
Other Current Assets | 4.9B | 3.0B | 2.7B | 1.9B | 3.2B | 2.6B | |
Other Stockholder Equity | 41.3B | 47.7B | 49.6B | 50.9B | 55.0B | 37.6B | |
Total Liab | 35.2B | 38.8B | 36.8B | 39.7B | 32.4B | 31.3B | |
Long Term Investments | 3.0B | 3.2B | 3.0B | 2.5B | 2.3B | 2.1B | |
Property Plant And Equipment Gross | 2.5B | 2.4B | 2.3B | 1.8B | 3.3B | 1.9B | |
Short Long Term Debt | 3.4B | 8.6B | 4.1B | 11.7B | 6.4B | 4.6B | |
Total Current Assets | 20.3B | 22.3B | 11.5B | 13.8B | 12.6B | 14.1B | |
Accumulated Other Comprehensive Income | 2.1B | 2.5B | 2.7B | 1.9B | 1.7B | 1.6B | |
Non Current Liabilities Other | 232.6M | 210.2M | 260.9M | 1.4B | 1.2B | 1.3B | |
Short Term Debt | 3.5B | 8.9B | 4.4B | 12.5B | 6.5B | 5.0B | |
Intangible Assets | 11.5B | 13.6B | 18.8B | 20.3B | 7.3B | 11.6B | |
Common Stock | 325K | 348K | 356K | 387K | 430K | 302.9K | |
Property Plant Equipment | 2.5B | 2.4B | 2.3B | 1.8B | 2.0B | 1.8B | |
Property Plant And Equipment Net | 2.5B | 2.4B | 2.3B | 1.8B | 1.5B | 1.9B |
Pair Trading with IQIYI
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IQIYI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IQIYI will appreciate offsetting losses from the drop in the long position's value.Moving together with IQIYI Stock
Moving against IQIYI Stock
0.46 | CHTR | Charter Communications | PairCorr |
0.44 | EA | Electronic Arts | PairCorr |
0.41 | Z | Zillow Group Class Sell-off Trend | PairCorr |
0.41 | ZG | Zillow Group | PairCorr |
0.4 | MDIA | Mediaco Holding | PairCorr |
The ability to find closely correlated positions to IQIYI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IQIYI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IQIYI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iQIYI Inc to buy it.
The correlation of IQIYI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IQIYI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iQIYI Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IQIYI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for IQIYI Stock Analysis
When running IQIYI's price analysis, check to measure IQIYI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IQIYI is operating at the current time. Most of IQIYI's value examination focuses on studying past and present price action to predict the probability of IQIYI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IQIYI's price. Additionally, you may evaluate how the addition of IQIYI to your portfolios can decrease your overall portfolio volatility.