Qudian Property Plant Equipment vs Total Current Liabilities Analysis

QD Stock  USD 2.34  0.09  3.70%   
Qudian financial indicator trend analysis is much more than just breaking down Qudian Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qudian Inc is a good investment. Please check the relationship between Qudian Property Plant Equipment and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qudian 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 unemployment.

Property Plant Equipment vs Total Current Liabilities

Property Plant Equipment vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qudian Inc Property Plant Equipment account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Qudian's Property Plant Equipment and Total Current Liabilities is -0.32. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Qudian Inc, assuming nothing else is changed. The correlation between historical values of Qudian's Property Plant Equipment 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 Property Plant Equipment of Qudian Inc 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 Property Plant Equipment i.e., Qudian's Property Plant Equipment and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Total Current Liabilities

Total Current Liabilities is an item on Qudian balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Qudian Inc 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 Qudian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qudian 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qudian 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 unemployment.
At present, Qudian's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 28.02, whereas Tax Provision is forecasted to decline to about 59.2 M.
 2020 2021 2023 2024 (projected)
Cost Of Revenue862.4M298.7M160.1M152.1M
Research Development170.7M141.3M47.8M45.4M

Qudian fundamental ratios Correlations

-0.330.570.870.880.760.920.720.710.630.720.430.780.930.390.481.00.440.380.480.360.440.29-0.350.70.46
-0.33-0.73-0.12-0.110.07-0.33-0.40.20.02-0.380.150.1-0.51-0.44-0.8-0.4-0.790.070.22-0.780.21-0.99-0.190.310.36
0.57-0.730.160.19-0.060.570.360.250.280.82-0.30.260.590.880.930.620.960.33-0.320.92-0.30.720.33-0.110.04
0.87-0.120.160.970.970.760.660.710.560.420.640.780.85-0.090.140.840.060.350.670.020.60.08-0.540.870.54
0.88-0.110.190.970.930.770.690.710.550.410.650.770.85-0.010.10.840.060.330.7-0.030.640.07-0.590.90.54
0.760.07-0.060.970.930.650.560.650.550.270.710.750.7-0.26-0.070.71-0.160.250.74-0.180.66-0.11-0.60.910.51
0.92-0.330.570.760.770.650.760.60.370.580.440.680.840.430.530.910.50.350.550.330.510.25-0.40.650.38
0.72-0.40.360.660.690.560.760.350.150.230.270.250.730.120.330.720.30.070.640.130.720.35-0.740.540.2
0.710.20.250.710.710.650.60.350.480.60.250.830.680.120.160.670.130.840.310.070.28-0.22-0.240.760.94
0.630.020.280.560.550.550.370.150.480.690.180.670.450.280.090.630.080.10.120.220.050.040.030.450.26
0.72-0.380.820.420.410.270.580.230.60.69-0.140.630.660.720.710.750.710.51-0.230.76-0.260.40.330.210.38
0.430.15-0.30.640.650.710.440.270.250.18-0.140.490.37-0.29-0.280.39-0.32-0.060.8-0.440.66-0.24-0.520.670.15
0.780.10.260.780.770.750.680.250.830.670.630.490.690.170.160.750.120.60.390.120.26-0.12-0.130.740.7
0.93-0.510.590.850.850.70.840.730.680.450.660.370.690.280.560.930.520.50.380.440.350.47-0.30.60.49
0.39-0.440.88-0.09-0.01-0.260.430.120.120.280.72-0.290.170.280.730.440.810.16-0.350.74-0.340.440.42-0.19-0.08
0.48-0.80.930.140.1-0.070.530.330.160.090.71-0.280.160.560.730.540.990.32-0.350.95-0.330.770.37-0.2-0.02
1.0-0.40.620.840.840.710.910.720.670.630.750.390.750.930.440.540.510.370.430.430.390.36-0.30.640.42
0.44-0.790.960.060.06-0.160.50.30.130.080.71-0.320.120.520.810.990.510.31-0.380.94-0.360.770.4-0.24-0.04
0.380.070.330.350.330.250.350.070.840.10.51-0.060.60.50.160.320.370.31-0.090.26-0.11-0.080.120.370.89
0.480.22-0.320.670.70.740.550.640.310.12-0.230.80.390.38-0.35-0.350.43-0.38-0.09-0.550.98-0.3-0.910.790.24
0.36-0.780.920.02-0.03-0.180.330.130.070.220.76-0.440.120.440.740.950.430.940.26-0.55-0.550.80.57-0.35-0.1
0.440.21-0.30.60.640.660.510.720.280.05-0.260.660.260.35-0.34-0.330.39-0.36-0.110.98-0.55-0.29-0.960.750.23
0.29-0.990.720.080.07-0.110.250.35-0.220.040.4-0.24-0.120.470.440.770.360.77-0.08-0.30.8-0.290.25-0.36-0.37
-0.35-0.190.33-0.54-0.59-0.6-0.4-0.74-0.240.030.33-0.52-0.13-0.30.420.37-0.30.40.12-0.910.57-0.960.25-0.69-0.22
0.70.31-0.110.870.90.910.650.540.760.450.210.670.740.6-0.19-0.20.64-0.240.370.79-0.350.75-0.36-0.690.68
0.460.360.040.540.540.510.380.20.940.260.380.150.70.49-0.08-0.020.42-0.040.890.24-0.10.23-0.37-0.220.68
Click cells to compare fundamentals

Qudian Account Relationship Matchups

Qudian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.7B13.4B14.1B12.7B12.5B12.9B
Other Current Liab1.5B317.8M268.0M350.9M498.8M523.8M
Total Current Liabilities3.9B472.6M493.5M584.9M754.5M716.8M
Total Stockholder Equity11.9B11.9B12.5B12.0B11.7B7.6B
Other Liab179.0M10.9M58.6M2.1M2.4M2.3M
Net Tangible Assets11.9B11.9B12.5B12.0B13.8B7.8B
Retained Earnings8.3B8.3B8.9B8.5B8.6B4.3B
Accounts Payable88.9M50.4M109.8M107.9M109.3M90.1M
Cash2.9B1.5B2.1B3.5B7.2B7.6B
Other Assets821.7M626.1M510.7M451.1M518.7M528.5M
Long Term Debt2.3B924.4M826.7M116.2M133.7M127.0M
Net Receivables11.0B4.2B2.4B910.8M354.3M336.6M
Common Stock Total Equity221.0K205.3K175.5K176K202.4K130.8K
Short Term Investments231.1M5.0B5.9B5.4B2.2B2.2B
Inventory8.9M91.9M15.2M116.7M10.4M9.9M
Other Current Assets1.6B805.8M1.8B1.2B390.9M371.4M
Other Stockholder Equity3.6B3.6B3.7B3.5B3.1B3.4B
Total Liab6.7B1.5B1.5B703.7M794.2M754.5M
Long Term Investments267.9M559.1M371.6M350.1M347.4M224.3M
Short Long Term Debt8.0B3.9B1.0B29.1M33.4M31.8M
Total Current Assets17.0B11.7B12.2B11.1B10.2B11.6B
Accumulated Other Comprehensive Income(13.0M)(51.4M)(59.0M)(46.0M)(24.1M)(25.3M)
Short Term Debt1.1B23.8M37.5M35.4M29.9M28.4M
Intangible Assets6.8M8.5M11.0M9.7M3.1M2.9M
Common Stock221K205K175K176K175.9K149.6K
Property Plant Equipment241.7M513.9M959.7M877.0M1.0B1.1B
Short Long Term Debt Total3.4B1.0B1.0B152.0M69.7M66.2M
Property Plant And Equipment Net241.7M513.9M959.7M877.0M1.5B1.5B
Current Deferred Revenue1.2B367.1M348.4M196.8M177.1M168.2M
Net Debt571.8M(509.1M)(1.0B)(3.3B)(7.1B)(6.8B)
Non Current Assets Total1.6B1.7B1.9B1.7B2.3B1.4B
Non Currrent Assets Other531.4M471.1M443.4M451.1M498.8M500.8M
Cash And Short Term Investments3.1B6.6B8.0B8.9B9.4B5.8B
Common Stock Shares Outstanding322.0M300.5M274.3M266.3M222.2M232.6M
Long Term Debt Total2.3B924.4M826.7M116.2M133.7M127.0M
Liabilities And Stockholders Equity18.7B13.4B14.1B12.7B12.5B14.3B
Non Current Liabilities Total2.8B1.0B1.1B118.8M39.8M37.8M
Capital Surpluse4.0B4.0B4.0B4.0B4.6B4.1B

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qudian 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 unemployment.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 Qudian. If investors know Qudian 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 Qudian 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
0.515
Earnings Share
(0.28)
Revenue Per Share
1.016
Quarterly Revenue Growth
3.81
Return On Assets
(0.02)
The market value of Qudian Inc is measured differently than its book value, which is the value of Qudian that is recorded on the company's balance sheet. Investors also form their own opinion of Qudian's value that differs from its market value or its book value, called intrinsic value, which is Qudian'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 Qudian's market value can be influenced by many factors that don't directly affect Qudian'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 Qudian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qudian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qudian'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.