QMMM Other Current Assets from 2010 to 2024

QMMM Stock   1.11  0.15  11.90%   
QMMM Holdings Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to drop to about 45.8 K. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
48.2 K
Current Value
45.8 K
Quarterly Volatility
40.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check QMMM Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QMMM Holdings' main balance sheet or income statement drivers, such as Tax Provision of 3.1 K, Interest Income of 2.2 K or Depreciation And Amortization of 220.8 K, as well as many indicators such as Price To Sales Ratio of 16.95, Dividend Yield of 0.0 or Days Sales Outstanding of 47.2. QMMM financial statements analysis is a perfect complement when working with QMMM Holdings Valuation or Volatility modules.
  
Check out the analysis of QMMM Holdings Correlation against competitors.

Latest QMMM Holdings' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of QMMM Holdings Limited over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. QMMM Holdings' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in QMMM Holdings' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

QMMM Other Current Assets Regression Statistics

Arithmetic Mean101,193
Geometric Mean94,350
Coefficient Of Variation40.24
Mean Deviation20,804
Median104,258
Standard Deviation40,718
Sample Variance1.7B
Range177.7K
R-Value(0.20)
Mean Square Error1.7B
R-Squared0.04
Significance0.46
Slope(1,865)
Total Sum of Squares23.2B

QMMM Other Current Assets History

202445.8 K
202348.2 K
202253.6 K
2021223.5 K

About QMMM Holdings Financial Statements

QMMM Holdings investors utilize fundamental indicators, such as Other Current Assets, to predict how QMMM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets48.2 K45.8 K

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When determining whether QMMM Holdings Limited is a strong investment it is important to analyze QMMM Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact QMMM Holdings' future performance. For an informed investment choice regarding QMMM Stock, refer to the following important reports:
Check out the analysis of QMMM Holdings Correlation against competitors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Advertising 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 QMMM Holdings. If investors know QMMM 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 QMMM Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of QMMM Holdings Limited is measured differently than its book value, which is the value of QMMM that is recorded on the company's balance sheet. Investors also form their own opinion of QMMM Holdings' value that differs from its market value or its book value, called intrinsic value, which is QMMM Holdings' 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 QMMM Holdings' market value can be influenced by many factors that don't directly affect QMMM Holdings' 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 QMMM Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if QMMM Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QMMM Holdings' 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.