360 Capital Stock vs Total Current Liabilities Analysis
QFIN Stock | USD 19.80 0.46 2.27% |
360 Finance financial indicator trend analysis is way more than just evaluating 360 Finance prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 360 Finance is a good investment. Please check the relationship between 360 Finance Capital Stock and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 360 Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.
Capital Stock vs Total Current Liabilities
Capital Stock vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 360 Finance Capital Stock account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between 360 Finance's Capital Stock and Total Current Liabilities is 0.84. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of 360 Finance, assuming nothing else is changed. The correlation between historical values of 360 Finance's Capital Stock and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of 360 Finance are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Capital Stock i.e., 360 Finance's Capital Stock and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Total Current Liabilities
Total Current Liabilities is an item on 360 Finance balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of 360 Finance 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.Most indicators from 360 Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 360 Finance 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in 360 Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.At this time, 360 Finance's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 27th of June 2024, Enterprise Value Over EBITDA is likely to grow to 1.93, while Tax Provision is likely to drop about 603 M.
360 Finance fundamental ratios Correlations
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360 Finance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
360 Finance fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.4B | 24.4B | 33.5B | 40.3B | 45.8B | 24.0B | |
Short Long Term Debt Total | 200M | 186.8M | 397.6M | 150M | 827.7M | 869.1M | |
Other Current Liab | (200M) | (186.8M) | (397.6M) | (150M) | 19.1B | 20.0B | |
Total Current Liabilities | 200M | 186.8M | 397.6M | 150M | 19.9B | 20.9B | |
Total Stockholder Equity | 7.2B | 9.5B | 15.2B | 18.8B | 21.9B | 23.0B | |
Other Liab | 3.4B | 1.5B | 4.1B | 4.7B | 5.4B | 5.6B | |
Net Tangible Assets | 7.2B | 9.5B | 14.2B | 17.8B | 20.5B | 21.5B | |
Property Plant And Equipment Net | 17.1M | 19.4M | 24.9M | 47.6M | 231.2M | 242.8M | |
Net Debt | (1.9B) | (4.2B) | (5.7B) | (7.0B) | (3.4B) | (3.5B) | |
Retained Earnings | 2.1B | 4.1B | 9.6B | 12.8B | 16.3B | 17.1B | |
Accounts Payable | 14.6M | 0.09 | 41.9M | 47.4M | 54.5M | 57.2M | |
Cash | 2.1B | 4.4B | 6.1B | 7.2B | 4.2B | 3.6B | |
Non Current Assets Total | 20.6M | 22.8M | 1.0B | 1.1B | 6.0B | 6.3B | |
Non Currrent Assets Other | (20.6M) | (22.8M) | (1.0B) | (1.0B) | 4.7B | 4.9B | |
Other Assets | 13.3B | 12.7B | 17.5B | 23.6B | 27.2B | 28.5B | |
Cash And Short Term Investments | 2.1B | 4.4B | 6.1B | 7.2B | 4.2B | 3.6B | |
Net Receivables | 4.9B | 7.2B | 8.9B | 8.4B | 7.8B | 5.7B | |
Common Stock Shares Outstanding | 150.5M | 153.3M | 160.7M | 161.0M | 164.3M | 136.2M | |
Liabilities And Stockholders Equity | 20.4B | 24.4B | 33.5B | 40.3B | 45.8B | 24.0B | |
Non Current Liabilities Total | 3.5B | 37.8M | 121.4M | 150M | 3.9B | 4.1B | |
Capital Lease Obligations | 21.0M | 28.5M | 25.8M | 30.7M | 29.1M | 18.6M | |
Inventory | (15.1B) | (15.1B) | (18.5B) | (25.8B) | (4.9B) | (5.1B) | |
Other Current Assets | 15.1B | 15.1B | 18.5B | 25.8B | 32.6B | 34.3B | |
Other Stockholder Equity | 5.1B | 5.4B | 5.7B | 6.1B | 5.7B | 4.6B | |
Total Liab | 200M | 14.9B | 18.3B | 21.4B | 23.8B | 25.0B | |
Short Long Term Debt | 200M | 186.8M | 397.6M | 150M | 798.6M | 838.5M | |
Total Current Assets | 7.0B | 11.7B | 15.0B | 15.6B | 39.8B | 41.8B | |
Accumulated Other Comprehensive Income | 24.9M | (74.4M) | (110.9M) | (51.8M) | (34.7M) | (36.4M) | |
Short Term Debt | 200M | 186.8M | 397.6M | 150M | 827.7M | 869.1M | |
Intangible Assets | 3.5M | 3.4M | 1.0B | 1.0B | 990.9M | 1.0B | |
Common Stock | 590M | 20K | 21K | 22K | 19.8K | 18.8K | |
Property Plant Equipment | 17.1M | 19.4M | 67.5M | 47.6M | 54.7M | 57.5M |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in 360 Stock
When determining whether 360 Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 360 Finance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 360 Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 360 Finance Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 360 Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 360 Finance. If investors know 360 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 360 Finance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.294 | Dividend Share 7.658 | Earnings Share 3.82 | Revenue Per Share 105.923 | Quarterly Revenue Growth 0.154 |
The market value of 360 Finance is measured differently than its book value, which is the value of 360 that is recorded on the company's balance sheet. Investors also form their own opinion of 360 Finance's value that differs from its market value or its book value, called intrinsic value, which is 360 Finance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 360 Finance's market value can be influenced by many factors that don't directly affect 360 Finance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 360 Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if 360 Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 360 Finance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.