IQIYI Good Will vs Capital Stock 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 Good Will and its Capital Stock 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.

Good Will vs Capital Stock

Good Will vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iQIYI Inc Good Will account and Capital Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between IQIYI's Good Will and Capital Stock is 0.65. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Capital Stock 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 Good Will and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of iQIYI Inc are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Good Will i.e., IQIYI's Good Will and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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 Expense1.3B715.1M1.1B698.4M
Depreciation And Amortization16.8B13.7B14.1B11.4B

IQIYI fundamental ratios Correlations

0.930.860.970.530.820.07-0.920.880.820.850.870.940.960.730.690.970.120.920.980.910.990.920.780.890.96
0.930.840.940.410.780.13-0.930.70.880.810.810.920.90.770.490.91-0.140.780.920.890.940.840.890.890.87
0.860.840.930.080.81-0.3-0.930.770.650.860.610.910.80.820.380.84-0.240.70.870.960.830.670.750.810.85
0.970.940.930.360.83-0.08-0.950.850.810.880.80.950.920.780.570.93-0.060.820.960.960.940.850.840.930.94
0.530.410.080.360.40.55-0.310.390.430.390.510.320.510.290.50.510.510.540.540.140.50.550.350.350.56
0.820.780.810.830.40.04-0.910.630.570.990.540.740.870.850.280.910.00.670.850.760.760.620.740.730.83
0.070.13-0.3-0.080.550.040.09-0.220.25-0.070.28-0.160.17-0.230.230.150.530.09-0.02-0.180.10.230.15-0.03-0.09
-0.92-0.93-0.93-0.95-0.31-0.910.09-0.77-0.73-0.95-0.68-0.94-0.92-0.87-0.38-0.940.19-0.76-0.94-0.92-0.9-0.75-0.81-0.88-0.91
0.880.70.770.850.390.63-0.22-0.770.580.70.730.870.830.540.760.810.190.880.860.840.880.820.470.820.88
0.820.880.650.810.430.570.25-0.730.580.60.940.790.780.530.580.78-0.040.690.750.760.820.890.850.710.71
0.850.810.860.880.390.99-0.07-0.950.70.60.560.820.880.890.280.92-0.090.690.890.810.80.640.750.780.88
0.870.810.610.80.510.540.28-0.680.730.940.560.780.840.40.820.810.250.840.760.760.870.980.690.710.73
0.940.920.910.950.320.74-0.16-0.940.870.790.820.780.890.770.540.89-0.170.810.940.940.950.830.740.880.92
0.960.90.80.920.510.870.17-0.920.830.780.880.840.890.680.640.990.160.890.920.870.960.90.720.850.89
0.730.770.820.780.290.85-0.23-0.870.540.530.890.40.770.680.070.76-0.360.570.830.710.680.470.730.650.83
0.690.490.380.570.50.280.23-0.380.760.580.280.820.540.640.070.60.640.840.570.570.710.860.250.510.57
0.970.910.840.930.510.910.15-0.940.810.780.920.810.890.990.760.60.130.890.950.880.950.880.760.840.92
0.12-0.14-0.24-0.060.510.00.530.190.19-0.04-0.090.25-0.170.16-0.360.640.130.350.01-0.110.10.29-0.24-0.090.03
0.920.780.70.820.540.670.09-0.760.880.690.690.840.810.890.570.840.890.350.860.810.920.920.50.710.86
0.980.920.870.960.540.85-0.02-0.940.860.750.890.760.940.920.830.570.950.010.860.880.950.840.780.890.99
0.910.890.960.960.140.76-0.18-0.920.840.760.810.760.940.870.710.570.88-0.110.810.880.910.810.740.870.85
0.990.940.830.940.50.760.1-0.90.880.820.80.870.950.960.680.710.950.10.920.950.910.930.730.90.92
0.920.840.670.850.550.620.23-0.750.820.890.640.980.830.90.470.860.880.290.920.840.810.930.660.750.81
0.780.890.750.840.350.740.15-0.810.470.850.750.690.740.720.730.250.76-0.240.50.780.740.730.660.790.74
0.890.890.810.930.350.73-0.03-0.880.820.710.780.710.880.850.650.510.84-0.090.710.890.870.90.750.790.86
0.960.870.850.940.560.83-0.09-0.910.880.710.880.730.920.890.830.570.920.030.860.990.850.920.810.740.86
Click cells to compare fundamentals

IQIYI Account Relationship Matchups

IQIYI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.8B48.2B42.5B46.0B44.6B38.5B
Short Long Term Debt Total17.1B21.5B17.6B21.8B15.3B12.7B
Other Current Liab5.4B8.4B9.2B9.6B10.1B6.9B
Total Current Liabilities20.2B24.9B22.5B28.1B22.3B20.4B
Total Stockholder Equity9.6B9.3B5.2B6.3B12.1B7.1B
Other Liab664.2M530.6M1.0B1.5B1.7B1.8B
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 Payable8.2B7.6B8.9B6.0B5.7B7.1B
Cash5.9B10.9B3.0B7.1B4.4B4.8B
Non Current Assets Total24.5B25.9B30.9B32.3B32.0B23.6B
Non Currrent Assets Other3.7B2.7B3.0B3.9B14.3B15.0B
Other Assets8.1B9.3B14.0B16.9B19.5B20.4B
Long Term Debt13.2B11.9B12.7B9.6B8.2B7.5B
Cash And Short Term Investments10.5B14.3B4.3B7.9B5.4B7.1B
Net Receivables3.8B5.3B4.8B4.0B4.0B3.9B
Common Stock Shares Outstanding729.3M739.5M795.8M855.4M974.8M796.7M
Short Term Investments4.6B3.4B1.3B818.3M941.7M894.7M
Liabilities And Stockholders Equity44.8B48.2B42.5B46.0B44.6B37.2B
Non Current Liabilities Total15.0B14.0B14.3B11.6B10.1B10.9B
Capital Lease Obligations528.1M969.0M797.3M612.1M624.6M431.6M
Inventory974.9M25.2M77.7M13.6M568.2M422.0M
Other Current Assets4.9B3.0B2.7B1.9B3.2B2.6B
Other Stockholder Equity41.3B47.7B49.6B50.9B55.0B37.6B
Total Liab35.2B38.8B36.8B39.7B32.4B31.3B
Long Term Investments3.0B3.2B3.0B2.5B2.3B2.1B
Property Plant And Equipment Gross2.5B2.4B2.3B1.8B3.3B1.9B
Short Long Term Debt3.4B8.6B4.1B11.7B6.4B4.6B
Total Current Assets20.3B22.3B11.5B13.8B12.6B14.1B
Accumulated Other Comprehensive Income2.1B2.5B2.7B1.9B1.7B1.6B
Non Current Liabilities Other232.6M210.2M260.9M1.4B1.2B1.3B
Short Term Debt3.5B8.9B4.4B12.5B6.5B5.0B
Intangible Assets11.5B13.6B18.8B20.3B7.3B11.6B
Common Stock325K348K356K387K430K302.9K
Property Plant Equipment2.5B2.4B2.3B1.8B2.0B1.8B
Property Plant And Equipment Net2.5B2.4B2.3B1.8B1.5B1.9B

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

  0.85TV Grupo Televisa SABPairCorr
  0.84WIMI WiMi Hologram CloudPairCorr

Moving against IQIYI Stock

  0.46CHTR Charter CommunicationsPairCorr
  0.44EA Electronic ArtsPairCorr
  0.41Z Zillow Group Class Sell-off TrendPairCorr
  0.41ZG Zillow GroupPairCorr
  0.4MDIA Mediaco HoldingPairCorr
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.
Pair CorrelationCorrelation Matching

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.