Quipt Home Financials

QIPT Stock  USD 2.68  0.23  9.39%   
Based on the measurements of operating efficiency obtained from Quipt Home's historical financial statements, Quipt Home Medical is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Quipt Home's Other Assets are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 20.8 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 171.5 M in 2024. Key indicators impacting Quipt Home's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.860.82
Sufficiently Up
Slightly volatile
Current Ratio1.181.24
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Quipt Home includes many different criteria found on its balance sheet. An individual investor should monitor Quipt Home's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Quipt Home.

Net Income

(2.63 Million)

  
Understanding current and past Quipt Home Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Quipt Home's financial statements are interrelated, with each one affecting the others. For example, an increase in Quipt Home's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Quipt Home's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Quipt Home Medical. Check Quipt Home's Beneish M Score to see the likelihood of Quipt Home's management manipulating its earnings.

Quipt Home Stock Summary

Quipt Home competes with Tela Bio, Treace Medical, Pulmonx Corp, Profound Medical, and Procept Biorobotics. Quipt Home Medical Corp. provides in-home medical equipment and supplies, and respiratory and durable medical equipment in the United States. Quipt Home Medical Corp. was incorporated in 1993 and is headquartered in Wilder, Kentucky. Quipt Home operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange.
Foreign Associate
  Canada
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA74880P1045
CUSIP74880P104
LocationKentucky; U.S.A
Business Address1019 Town Drive,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitequipthomemedical.com
Phone859 878 2220
CurrencyUSD - US Dollar

Quipt Home Key Financial Ratios

Quipt Home Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets53.9M108.6M132.2M247.4M284.5M298.7M
Net Debt(4.7M)(7.6M)2.4M80.8M92.9M97.5M
Retained Earnings(124.6M)(165.9M)(161.0M)(163.8M)(147.4M)(140.1M)
Cash21.9M34.6M8.5M17.2M19.8M20.8M
Other Assets94K856K504K86K98.9K105.9K
Net Receivables6.8M11.9M16.4M26.0M29.9M31.4M
Total Liab32.8M50.0M52.7M136.3M156.7M164.6M
Total Current Assets33.9M57.2M41.5M65.4M75.2M79.0M
Common Stock126.0M202.8M214.3M247.5M284.7M298.9M
Other Current Liab7.5M31.5M9.2M8.8M10.1M10.6M
Good Will2.9M12.5M28.2M52.8M60.7M63.8M
Inventory4.8M9.3M15.6M18.4M21.2M22.2M
Other Current Assets11.8M16.7M16.6M3.8M4.4M5.3M
Short Term Debt5.3M10.0M15.6M22.6M26.0M27.3M
Accounts Payable5.6M9.8M13.8M24.7M28.4M29.9M
Intangible Assets4.2M14.9M28.9M74.0M85.1M89.4M
Net Tangible Assets12.5M25.0M31.3M22.5M20.2M25.2M
Long Term Debt13.3M12.3M3.7M61.3M70.5M74.1M
Net Invested Capital45.8M77.9M95.6M189.9M218.4M229.3M
Net Working Capital20.8M24.5M(204K)4.9M4.4M4.2M

Quipt Home Key Income Statement Accounts

The reason investors look at the income statement is to determine what Quipt Home's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Ebit(341.5K)(9.3M)(1.4M)3.9M3.5M3.7M
Ebitda14.4M13.2M28.1M44.1M50.7M53.2M
Net Income(3.8M)(6.2M)4.8M(2.8M)(2.5M)(2.6M)
Income Tax Expense96.5K(3.2M)(1.9M)85K76.5K80.3K
Interest Expense1.9M1.9M2.1M6.6M7.6M8.0M
Total Revenue54.9M102.4M139.9M221.7M255.0M267.8M
Gross Profit39.8M74.2M106.6M163.8M188.4M197.8M
Operating Income3.4M(1.5M)4.7M3.9M3.5M3.7M
Cost Of Revenue15.1M28.2M33.2M57.9M66.6M69.9M
Income Before Tax(3.0M)(9.3M)2.2M(2.7M)(2.4M)(2.6M)
Tax Provision128.5K(3.2M)(1.9M)85K76.5K80.3K
Net Interest Income(2.1M)(2.0M)(2.1M)(6.6M)(5.9M)(5.6M)

Quipt Home Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash14.7M5.4M(26.1M)8.7M10.0M10.5M
Free Cash Flow9.8M13.6M17.4M33.7M38.7M40.7M
Depreciation11.0M17.8M23.0M40.2M46.2M48.5M
Other Non Cash Items1.1M14.8M(5.9M)(259K)(297.9K)(283.0K)
Capital Expenditures69.0K5.0M9.0M6.8M7.8M8.2M
Net Income(3.8M)(6.2M)4.8M(2.8M)(2.5M)(2.6M)
End Period Cash Flow21.9M34.6M8.5M17.2M19.8M20.8M
Change To Inventory(1.3M)(44K)(2.4M)(60K)(54K)(56.7K)
Investments(7.9M)(17.8M)(42.5M)(82.8M)(74.5M)(70.8M)
Net Borrowings(9.3M)(17.5M)(13.9M)(3.7M)(3.3M)(3.5M)
Change To Netincome7.8M10.8M15.8M(2.5M)(2.3M)(2.2M)

Quipt Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Quipt Home's current stock value. Our valuation model uses many indicators to compare Quipt Home value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Quipt Home competition to find correlations between indicators driving Quipt Home's intrinsic value. More Info.
Quipt Home Medical is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . At this time, Quipt Home's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Quipt Home by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Quipt Home Medical Systematic Risk

Quipt Home's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Quipt Home volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Quipt Home Medical correlated with the market. If Beta is less than 0 Quipt Home generally moves in the opposite direction as compared to the market. If Quipt Home Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Quipt Home Medical is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Quipt Home is generally in the same direction as the market. If Beta > 1 Quipt Home moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Quipt Home Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Quipt Home's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Quipt Home growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.57

At this time, Quipt Home's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Quipt Home November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Quipt Home help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Quipt Home Medical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Quipt Home Medical based on widely used predictive technical indicators. In general, we focus on analyzing Quipt Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Quipt Home's daily price indicators and compare them against related drivers.

Additional Tools for Quipt Stock Analysis

When running Quipt Home's price analysis, check to measure Quipt Home's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quipt Home is operating at the current time. Most of Quipt Home's value examination focuses on studying past and present price action to predict the probability of Quipt Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quipt Home's price. Additionally, you may evaluate how the addition of Quipt Home to your portfolios can decrease your overall portfolio volatility.