QTWO Other Current Assets from 2010 to 2024

QTWO Stock  USD 104.95  3.51  3.46%   
Q2 Holdings Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to grow to about 54.5 M this year. 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
2012-12-31
Previous Quarter
51.1 M
Current Value
130.8 M
Quarterly Volatility
22.7 M
 
Yuan Drop
 
Covid
Check Q2 Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Q2 Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 89.4 M, Interest Expense of 9 M or Selling General Administrative of 115.7 M, as well as many indicators such as Price To Sales Ratio of 6.38, Dividend Yield of 0.0 or PTB Ratio of 5.37. QTWO financial statements analysis is a perfect complement when working with Q2 Holdings Valuation or Volatility modules.
  
Check out the analysis of Q2 Holdings Correlation against competitors.
To learn how to invest in QTWO Stock, please use our How to Invest in Q2 Holdings guide.

Latest Q2 Holdings' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Q2 Holdings 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. Q2 Holdings' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Q2 Holdings' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

QTWO Other Current Assets Regression Statistics

Arithmetic Mean18,240,147
Geometric Mean8,767,195
Coefficient Of Variation116.17
Mean Deviation19,032,329
Median4,166,000
Standard Deviation21,189,416
Sample Variance449T
Range51.8M
R-Value0.84
Mean Square Error142.5T
R-Squared0.71
Significance0.00009
Slope3,978,969
Total Sum of Squares6285.9T

QTWO Other Current Assets History

202454.5 M
202351.9 M
202242.1 M
202145.9 M
202039.6 M
20196.4 M
2018M

About Q2 Holdings Financial Statements

Q2 Holdings investors utilize fundamental indicators, such as Other Current Assets, to predict how QTWO 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 Assets51.9 M54.5 M

Pair Trading with Q2 Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Q2 Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Q2 Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with QTWO Stock

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Moving against QTWO Stock

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The ability to find closely correlated positions to Q2 Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Q2 Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Q2 Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Q2 Holdings to buy it.
The correlation of Q2 Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Q2 Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Q2 Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Q2 Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Q2 Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Q2 Holdings' 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 Q2 Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Q2 Holdings Stock:
Check out the analysis of Q2 Holdings Correlation against competitors.
To learn how to invest in QTWO Stock, please use our How to Invest in Q2 Holdings guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Application Software 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 Q2 Holdings. If investors know QTWO 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 Q2 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.96)
Revenue Per Share
11.322
Quarterly Revenue Growth
0.129
Return On Assets
(0.03)
Return On Equity
(0.12)
The market value of Q2 Holdings is measured differently than its book value, which is the value of QTWO that is recorded on the company's balance sheet. Investors also form their own opinion of Q2 Holdings' value that differs from its market value or its book value, called intrinsic value, which is Q2 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 Q2 Holdings' market value can be influenced by many factors that don't directly affect Q2 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 Q2 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Q2 Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Q2 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.