Quorum Information Financials

QIS Stock  CAD 0.87  0.02  2.35%   
We were able to interpolate thirty-two available financial ratios for Quorum Information, which can be compared to its competitors. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Quorum Information to be traded at C$1.044 in 90 days. Key indicators impacting Quorum Information's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.410.3904
Sufficiently Up
Slightly volatile
Current Ratio2.312.0685
Moderately Up
Very volatile
  
Understanding current and past Quorum Information Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Quorum Information's financial statements are interrelated, with each one affecting the others. For example, an increase in Quorum Information's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Quorum Information's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Quorum Information Technologies. Check Quorum Information's Beneish M Score to see the likelihood of Quorum Information's management manipulating its earnings.

Quorum Information Stock Summary

Quorum Information competes with Avante Logixx, NamSys, Redishred Capital, and Biosyent. Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States. Quorum Information Technologies Inc. was founded in 1996 and is headquartered in Calgary, Canada. Quorum Information operates under SoftwareApplication classification in Exotistan and is traded on Commodity Exchange.
Foreign Associate
  USA
Specialization
Information Technology, Software - Application
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA7490931002
Business AddressB28, Calgary, AB,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.quoruminformationsystems.com
Phone403 777 0036
CurrencyCAD - Canadian Dollar
You should never invest in Quorum Information without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Quorum Stock, because this is throwing your money away. Analyzing the key information contained in Quorum Information's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Quorum Information Key Financial Ratios

There are many critical financial ratios that Quorum Information's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Quorum Information reports annually and quarterly.

Quorum Information Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets49.9M49.6M45.2M47.1M45.8M24.1M
Other Current Liab239.3K372.0K2.7M2.5M111.9K106.3K
Net Debt4.0M3.9M5.8M10.3M9.3M9.8M
Retained Earnings(1.8M)(3.7M)(6.3M)(7.6M)(7.3M)(7.7M)
Accounts Payable2.8M3.1M2.7M2.5M2.5M1.6M
Net Receivables4.1M3.6M3.8M3.8M3.7M2.1M
Inventory18.9K26.9K14.1K12.9K1.00.95
Total Liab18.8M19.5M17.4M20.6M18.8M19.7M
Total Current Assets13.3M13.3M11.0M9.6M8.0M5.3M
Short Term Debt274.4K638.0K715.2K885.7K1.3M1.3M
Intangible Assets19.7M19.3M17.9M20.2M19.6M11.8M
Other Current Assets572.0K378.6K721.6K885.7K741.5K778.6K
Cash8.6M9.3M6.5M4.9M3.6M3.1M
Net Tangible Assets4.9M4.2M4.0M(2.1M)(1.9M)(1.8M)
Other Assets6.3M6.3M6.8M6.1M5.4M5.2M
Long Term Debt8.8M9.4M8.6M11.8M9.7M5.8M
Short Long Term Debt207.2K152.3K303.7K463.6K839.5K881.5K
Common Stock30.6M31.2M31.5M31.6M31.8M27.5M
Other Liab2.8M2.7M2.5M3.0M3.4M2.5M
Good Will6.4M6.4M5.8M8.4M9.7M6.5M
Net Invested Capital40.1M39.6M36.7M38.8M37.6M38.3M
Net Working Capital9.5M9.1M7.6M6.2M4.2M7.0M
Capital Stock30.6M31.2M31.5M31.6M31.8M32.6M

Quorum Information Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.3M1.5M1.5M1.6M1.6M1.7M
Total Revenue32.8M30.9M36.1M38.8M40.3M42.3M
Gross Profit15.2M13.7M16.4M18.7M15.2M15.9M
Operating Income57.7K(390.6K)2.6K461.8K2.5M2.6M
Ebit57.7K(390.6K)2.6K461.8K2.5M2.6M
Ebitda3.8M3.6M4.1M4.6M6.5M6.9M
Cost Of Revenue17.6M17.2M19.6M20.1M25.1M26.4M
Income Before Tax(1.3M)(1.9M)(3.2M)(1.1M)346.3K363.6K
Net Income(1.1M)(1.9M)(2.7M)(1.4M)234.0K245.6K
Income Tax Expense(171.5K)(27.3K)(498.4K)305.9K112.3K117.9K
Research Development710.9K897.7K1.4M2.6M4.1M4.3M
Tax Provision(171.5K)(27.3K)(498.4K)305.9K112.3K112.3K
Net Interest Income(1.3M)(1.4M)(1.5M)(1.5M)(1.4M)(1.5M)
Interest Income6.4K63.9K12.2K30.3K127.2K133.6K

Quorum Information Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash6.9M772.7K(2.8M)(1.6M)(1.3M)(1.2M)
Free Cash Flow(360.1K)1.4M(1.6M)597.1K1.6M1.7M
Depreciation3.7M3.9M4.1M4.1M4.1M4.3M
Other Non Cash Items450.3K493.5K2.1M522.7K8.4M8.8M
Capital Expenditures3.9M3.2M3.3M2.9M3.0M1.9M
Net Income(1.1M)(1.9M)(2.7M)(1.4M)234.0K245.6K
End Period Cash Flow8.6M9.3M6.5M4.9M3.6M2.9M
Net Borrowings(555.0K)(416.9K)(1.2M)(1.6M)(1.4M)(1.3M)
Change To Netincome819.5K1.4M2.0M1.0M1.2M841.7K
Change To Inventory(1.2K)(8.0K)12.8K1.2K12.9K13.5K
Investments(4.5M)(3.4M)(3.3M)(3.7M)(3.5M)(3.7M)

Quorum Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Quorum Information's current stock value. Our valuation model uses many indicators to compare Quorum Information value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Quorum Information competition to find correlations between indicators driving Quorum Information's intrinsic value. More Info.
Quorum Information Technologies is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  7.25  of Return On Asset per Return On Equity. At this time, Quorum Information's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Quorum Information's earnings, one of the primary drivers of an investment's value.

Quorum Information Systematic Risk

Quorum Information's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Quorum Information 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.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Quorum Information correlated with the market. If Beta is less than 0 Quorum Information generally moves in the opposite direction as compared to the market. If Quorum Information Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Quorum Information is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Quorum Information is generally in the same direction as the market. If Beta > 1 Quorum Information moves generally in the same direction as, but more than the movement of the benchmark.

Quorum Information Technologies Total Assets Over Time

Quorum Information Thematic Clasifications

Quorum Information Technologies is part of several thematic ideas from IT to Data Storage. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Quorum Information Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Quorum Information'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 Quorum Information growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.75)

At this time, Quorum Information's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Quorum Information November 26, 2024 Opportunity Range

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

Additional Tools for Quorum Stock Analysis

When running Quorum Information's price analysis, check to measure Quorum Information'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 Quorum Information is operating at the current time. Most of Quorum Information's value examination focuses on studying past and present price action to predict the probability of Quorum Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quorum Information's price. Additionally, you may evaluate how the addition of Quorum Information to your portfolios can decrease your overall portfolio volatility.