360 Current Deferred Revenue vs Net Tangible Assets Analysis

QFIN Stock  USD 19.78  0.26  1.33%   
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 Current Deferred Revenue and its Net Tangible Assets 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.

Current Deferred Revenue vs Net Tangible Assets

Current Deferred Revenue vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 360 Finance Current Deferred Revenue account and Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between 360 Finance's Current Deferred Revenue and Net Tangible Assets is -0.69. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Tangible Assets 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 Current Deferred Revenue and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of 360 Finance are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Current Deferred Revenue i.e., 360 Finance's Current Deferred Revenue and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 20th 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

0.50.510.930.930.64-0.910.880.940.630.380.940.940.960.40.920.90.90.860.80.850.90.85-0.410.91
0.51.00.710.70.98-0.250.760.280.970.980.690.280.390.750.730.390.670.60.90.620.590.83-0.940.67
0.511.00.720.710.98-0.260.770.30.970.980.70.30.40.760.740.40.680.620.910.640.60.84-0.940.68
0.930.710.721.00.82-0.850.980.870.820.590.990.870.890.520.990.850.970.910.940.930.950.91-0.690.93
0.930.70.711.00.82-0.860.970.880.810.590.990.880.90.530.990.860.970.910.930.920.940.9-0.690.92
0.640.980.980.820.82-0.410.870.451.00.940.810.450.520.70.840.50.780.730.960.740.710.91-0.940.79
-0.91-0.25-0.26-0.85-0.86-0.41-0.78-1.0-0.41-0.1-0.84-1.0-0.95-0.16-0.82-0.88-0.87-0.84-0.63-0.81-0.87-0.640.26-0.78
0.880.760.770.980.970.87-0.780.80.880.660.970.80.80.470.970.720.960.910.950.950.940.94-0.750.96
0.940.280.30.870.880.45-1.00.80.450.140.861.00.970.180.830.890.880.860.660.820.880.68-0.280.81
0.630.970.970.820.811.0-0.410.880.450.930.810.450.520.670.830.480.790.730.960.770.730.92-0.940.8
0.380.980.980.590.590.94-0.10.660.140.930.590.140.250.720.630.260.550.510.830.490.450.76-0.930.56
0.940.690.70.990.990.81-0.840.970.860.810.590.860.890.541.00.840.940.890.930.90.930.89-0.680.91
0.940.280.30.870.880.45-1.00.81.00.450.140.860.960.180.840.890.880.860.660.820.880.68-0.280.82
0.960.390.40.890.90.52-0.950.80.970.520.250.890.960.350.880.960.870.840.730.780.880.73-0.340.8
0.40.750.760.520.530.7-0.160.470.180.670.720.540.180.350.570.490.370.270.660.340.390.51-0.670.37
0.920.730.740.990.990.84-0.820.970.830.830.631.00.840.880.570.840.940.890.950.880.910.9-0.720.9
0.90.390.40.850.860.5-0.880.720.890.480.260.840.890.960.490.840.780.720.690.670.790.65-0.340.7
0.90.670.680.970.970.78-0.870.960.880.790.550.940.880.870.370.940.780.980.90.920.930.9-0.660.93
0.860.60.620.910.910.73-0.840.910.860.730.510.890.860.840.270.890.720.980.850.860.90.87-0.610.88
0.80.90.910.940.930.96-0.630.950.660.960.830.930.660.730.660.950.690.90.850.840.850.95-0.870.87
0.850.620.640.930.920.74-0.810.950.820.770.490.90.820.780.340.880.670.920.860.840.960.87-0.620.95
0.90.590.60.950.940.71-0.870.940.880.730.450.930.880.880.390.910.790.930.90.850.960.86-0.580.91
0.850.830.840.910.90.91-0.640.940.680.920.760.890.680.730.510.90.650.90.870.950.870.86-0.730.95
-0.41-0.94-0.94-0.69-0.69-0.940.26-0.75-0.28-0.94-0.93-0.68-0.28-0.34-0.67-0.72-0.34-0.66-0.61-0.87-0.62-0.58-0.73-0.59
0.910.670.680.930.920.79-0.780.960.810.80.560.910.820.80.370.90.70.930.880.870.950.910.95-0.59
Click cells to compare fundamentals

360 Finance Account Relationship Matchups

360 Finance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.4B24.4B33.5B40.3B45.8B24.0B
Short Long Term Debt Total200M186.8M397.6M150M827.7M869.1M
Other Current Liab(200M)(186.8M)(397.6M)(150M)19.1B20.0B
Total Current Liabilities200M186.8M397.6M150M19.9B20.9B
Total Stockholder Equity7.2B9.5B15.2B18.8B21.9B23.0B
Other Liab3.4B1.5B4.1B4.7B5.4B5.6B
Net Tangible Assets7.2B9.5B14.2B17.8B20.5B21.5B
Property Plant And Equipment Net17.1M19.4M24.9M47.6M231.2M242.8M
Net Debt(1.9B)(4.2B)(5.7B)(7.0B)(3.4B)(3.5B)
Retained Earnings2.1B4.1B9.6B12.8B16.3B17.1B
Accounts Payable14.6M0.0941.9M47.4M54.5M57.2M
Cash2.1B4.4B6.1B7.2B4.2B3.6B
Non Current Assets Total20.6M22.8M1.0B1.1B6.0B6.3B
Non Currrent Assets Other(20.6M)(22.8M)(1.0B)(1.0B)4.7B4.9B
Other Assets13.3B12.7B17.5B23.6B27.2B28.5B
Cash And Short Term Investments2.1B4.4B6.1B7.2B4.2B3.6B
Net Receivables4.9B7.2B8.9B8.4B7.8B5.7B
Common Stock Shares Outstanding150.5M153.3M160.7M161.0M164.3M136.2M
Liabilities And Stockholders Equity20.4B24.4B33.5B40.3B45.8B24.0B
Non Current Liabilities Total3.5B37.8M121.4M150M3.9B4.1B
Capital Lease Obligations21.0M28.5M25.8M30.7M29.1M18.6M
Inventory(15.1B)(15.1B)(18.5B)(25.8B)(4.9B)(5.1B)
Other Current Assets15.1B15.1B18.5B25.8B32.6B34.3B
Other Stockholder Equity5.1B5.4B5.7B6.1B5.7B4.6B
Total Liab200M14.9B18.3B21.4B23.8B25.0B
Short Long Term Debt200M186.8M397.6M150M798.6M838.5M
Total Current Assets7.0B11.7B15.0B15.6B39.8B41.8B
Accumulated Other Comprehensive Income24.9M(74.4M)(110.9M)(51.8M)(34.7M)(36.4M)
Short Term Debt200M186.8M397.6M150M827.7M869.1M
Intangible Assets3.5M3.4M1.0B1.0B990.9M1.0B
Common Stock590M20K21K22K19.8K18.8K
Property Plant Equipment17.1M19.4M67.5M47.6M54.7M57.5M

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Additional 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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
3.9
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.