Qilian Accounts Payable vs Common Stock Analysis

QLI Stock  USD 3.32  0.28  9.21%   
Qilian International financial indicator trend analysis is much more than just breaking down Qilian International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qilian International is a good investment. Please check the relationship between Qilian International Accounts Payable and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qilian International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qilian International Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Qilian International's Accounts Payable and Common Stock is 0.79. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Qilian International Holding, assuming nothing else is changed. The correlation between historical values of Qilian International's Accounts Payable and Common 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 Accounts Payable of Qilian International Holding are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Qilian International's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Qilian International 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 Qilian International 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.

Common Stock

Most indicators from Qilian International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qilian International 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 Qilian International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current Tax Provision is estimated to decrease to about 187.4 K. The current Selling General Administrative is estimated to decrease to about 3.4 M
 2020 2021 2023 2024 (projected)
Interest Expense57.7K2.1M2.4M2.5M
Depreciation And Amortization1.8M1.2M1.1M1.3M

Qilian International fundamental ratios Correlations

-0.550.13-0.610.99-0.910.980.88-0.83-0.830.960.820.910.960.490.910.66-0.370.63-0.9-0.67-0.570.97-0.660.980.62
-0.55-0.210.96-0.650.7-0.63-0.690.860.87-0.62-0.21-0.66-0.640.13-0.66-0.110.59-0.660.730.940.55-0.680.95-0.5-0.08
0.13-0.21-0.120.12-0.270.110.0-0.13-0.380.27-0.130.44-0.01-0.270.440.3-0.210.27-0.24-0.38-0.310.06-0.140.07-0.26
-0.610.96-0.12-0.720.75-0.71-0.70.90.85-0.7-0.21-0.69-0.690.05-0.69-0.20.46-0.650.780.890.39-0.741.0-0.57-0.16
0.99-0.650.12-0.72-0.931.00.9-0.88-0.880.970.750.930.970.440.930.61-0.360.64-0.93-0.74-0.550.99-0.770.960.59
-0.910.7-0.270.75-0.93-0.92-0.720.940.9-0.96-0.54-0.88-0.83-0.34-0.88-0.750.49-0.651.00.780.42-0.90.8-0.91-0.49
0.98-0.630.11-0.711.0-0.920.89-0.87-0.860.970.740.930.970.450.930.6-0.310.61-0.92-0.73-0.540.99-0.760.960.6
0.88-0.690.0-0.70.9-0.720.89-0.78-0.810.80.820.840.970.280.840.23-0.420.68-0.73-0.75-0.750.93-0.730.80.45
-0.830.86-0.130.9-0.880.94-0.87-0.780.93-0.89-0.48-0.83-0.83-0.18-0.83-0.50.56-0.710.950.830.45-0.880.93-0.81-0.37
-0.830.87-0.380.85-0.880.9-0.86-0.810.93-0.88-0.5-0.92-0.83-0.15-0.92-0.440.53-0.670.910.910.68-0.870.88-0.79-0.34
0.96-0.620.27-0.70.97-0.960.970.8-0.89-0.880.650.950.890.380.950.69-0.360.64-0.95-0.71-0.470.94-0.750.940.52
0.82-0.21-0.13-0.210.75-0.540.740.82-0.48-0.50.650.650.820.50.650.35-0.330.5-0.53-0.33-0.650.75-0.260.780.58
0.91-0.660.44-0.690.93-0.880.930.84-0.83-0.920.950.650.880.271.00.54-0.370.66-0.87-0.78-0.660.9-0.730.860.41
0.96-0.64-0.01-0.690.97-0.830.970.97-0.83-0.830.890.820.880.440.880.43-0.340.61-0.84-0.72-0.650.99-0.730.920.6
0.490.13-0.270.050.44-0.340.450.28-0.18-0.150.380.50.270.440.270.460.26-0.17-0.330.02-0.090.43-0.010.630.98
0.91-0.660.44-0.690.93-0.880.930.84-0.83-0.920.950.651.00.880.270.54-0.370.66-0.87-0.78-0.660.9-0.730.860.41
0.66-0.110.3-0.20.61-0.750.60.23-0.5-0.440.690.350.540.430.460.54-0.220.33-0.73-0.290.020.53-0.280.720.48
-0.370.59-0.210.46-0.360.49-0.31-0.420.560.53-0.36-0.33-0.37-0.340.26-0.37-0.22-0.830.50.570.45-0.360.46-0.320.13
0.63-0.660.27-0.650.64-0.650.610.68-0.71-0.670.640.50.660.61-0.170.660.33-0.83-0.66-0.7-0.460.63-0.660.54-0.02
-0.90.73-0.240.78-0.931.0-0.92-0.730.950.91-0.95-0.53-0.87-0.84-0.33-0.87-0.730.5-0.660.790.42-0.90.83-0.91-0.48
-0.670.94-0.380.89-0.740.78-0.73-0.750.830.91-0.71-0.33-0.78-0.720.02-0.78-0.290.57-0.70.790.66-0.770.89-0.61-0.17
-0.570.55-0.310.39-0.550.42-0.54-0.750.450.68-0.47-0.65-0.66-0.65-0.09-0.660.020.45-0.460.420.66-0.580.4-0.48-0.22
0.97-0.680.06-0.740.99-0.90.990.93-0.88-0.870.940.750.90.990.430.90.53-0.360.63-0.9-0.77-0.58-0.790.940.59
-0.660.95-0.141.0-0.770.8-0.76-0.730.930.88-0.75-0.26-0.73-0.73-0.01-0.73-0.280.46-0.660.830.890.4-0.79-0.63-0.21
0.98-0.50.07-0.570.96-0.910.960.8-0.81-0.790.940.780.860.920.630.860.72-0.320.54-0.91-0.61-0.480.94-0.630.75
0.62-0.08-0.26-0.160.59-0.490.60.45-0.37-0.340.520.580.410.60.980.410.480.13-0.02-0.48-0.17-0.220.59-0.210.75
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Qilian International Account Relationship Matchups

Qilian International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.3M48.1M75.4M64.5M74.2M55.7M
Short Long Term Debt Total4.9M7.6M8.0M1.8M1.6M1.5M
Other Current Liab879.6K2.7M772.1K1.5M1.7M1.6M
Total Current Liabilities11.7M18.4M18.2M9.2M8.3M11.3M
Total Stockholder Equity19.9M26.1M54.9M53.1M61.0M36.7M
Other Liab972.3K722.1K403.7K309.9K278.9K265.0K
Net Tangible Assets18.1M24.2M52.9M51.3M59.0M31.0M
Property Plant And Equipment Net7.7M7.7M11.5M12.3M14.1M10.8M
Current Deferred Revenue2.3M3.9M2.8M678.0K610.2K579.7K
Net Debt308.7K(4.3M)(2.4M)(12.6M)(11.3M)(10.7M)
Retained Earnings7.6M12.2M14.7M15.5M17.8M11.2M
Accounts Payable3.6M4.4M6.6M5.3M6.1M5.3M
Cash4.6M11.9M10.5M14.3M16.5M10.4M
Non Current Assets Total10.3M10.6M35.0M34.5M39.7M23.2M
Other Assets540.6K2.9M2.4M1.01.151.09
Cash And Short Term Investments4.6M11.9M10.5M14.3M16.5M10.4M
Net Receivables6.5M12.6M13.5M4.9M5.6M7.6M
Liabilities And Stockholders Equity35.3M48.1M75.4M64.5M74.2M55.7M
Non Current Liabilities Total972.3K877.9K509.9K382.5K344.2K327.0K
Inventory12.5M12.0M12.5M8.9M8.0M8.8M
Other Current Assets1.3M547.4K425.6K(1.0)(0.9)(0.85)
Total Liab12.6M19.3M18.7M9.6M8.6M12.0M
Net Invested Capital33.4M62.7M54.7M43.3M49.8M40.3M
Long Term Investments540.5K21.0M20.1M606.0K696.9K662.1K
Property Plant And Equipment Gross7.7M11.5M34.2M34.8M40.0M42.0M
Short Long Term Debt7.3M7.9M1.7M479.7K431.7K410.2K
Total Current Assets25.0M37.5M40.4M30.0M34.5M32.5M
Accumulated Other Comprehensive Income30.6K1.6M3.7M1.1M1.2M1.3M
Net Working Capital19.1M22.2M20.9M27.9M32.0M18.1M
Short Term Debt4.9M7.4M7.9M1.7M1.5M1.5M
Intangible Assets1.8M1.9M1.9M1.7M1.6M1.5M
Property Plant Equipment7.7M7.7M9.2M10.3M11.8M9.6M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Qilian Stock

When determining whether Qilian International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qilian International'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 Qilian International Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qilian International Holding Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qilian International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Biotechnology 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 Qilian International. If investors know Qilian 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 Qilian International 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
4.643
Earnings Share
(1.10)
Revenue Per Share
6.5
Quarterly Revenue Growth
(0.47)
Return On Assets
(0.03)
The market value of Qilian International is measured differently than its book value, which is the value of Qilian that is recorded on the company's balance sheet. Investors also form their own opinion of Qilian International's value that differs from its market value or its book value, called intrinsic value, which is Qilian International'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 Qilian International's market value can be influenced by many factors that don't directly affect Qilian International'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 Qilian International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qilian International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qilian International'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.