Quantum Numbers Stock Return On Asset
| QNC Stock | CAD 0.11 0.00 0.00% |
Quantum Numbers fundamentals help investors to digest information that contributes to Quantum Numbers' financial success or failures. It also enables traders to predict the movement of Quantum Stock. The fundamental analysis module provides a way to measure Quantum Numbers' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Quantum Numbers stock.
Return On Assets is likely to drop to -1.52 in 2024. Quantum | Return On Asset |
Quantum Numbers Company Return On Asset Analysis
Quantum Numbers' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Quantum Numbers Return On Asset | -0.64 |
Most of Quantum Numbers' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Quantum Numbers is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Quantum Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Quantum Numbers is extremely important. It helps to project a fair market value of Quantum Stock properly, considering its historical fundamentals such as Return On Asset. Since Quantum Numbers' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quantum Numbers' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quantum Numbers' interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Quantum Total Assets
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Based on the latest financial disclosure, Quantum Numbers has a Return On Asset of -0.6407. This is 77.83% lower than that of the Semiconductors & Semiconductor Equipment sector and notably lower than that of the Information Technology industry. The return on asset for all Canada stocks is notably higher than that of the company.
Quantum Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quantum Numbers' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quantum Numbers could also be used in its relative valuation, which is a method of valuing Quantum Numbers by comparing valuation metrics of similar companies.Quantum Numbers is currently under evaluation in return on asset category among its peers.
Quantum Numbers Current Valuation Drivers
We derive many important indicators used in calculating different scores of Quantum Numbers from analyzing Quantum Numbers' financial statements. These drivers represent accounts that assess Quantum Numbers' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Quantum Numbers' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.6M | 11.5M | 6.1M | 16.6M | 15.0M | 15.7M | |
| Enterprise Value | 5.7M | 11.2M | 6.1M | 15.7M | 14.1M | 14.8M |
Quantum Fundamentals
| Return On Equity | -1.41 | ||||
| Return On Asset | -0.64 | ||||
| Current Valuation | 15.79 M | ||||
| Shares Outstanding | 150.5 M | ||||
| Shares Owned By Insiders | 4.46 % | ||||
| Number Of Shares Shorted | 1.68 K | ||||
| Price To Book | 17.00 X | ||||
| EBITDA | (2.25 M) | ||||
| Net Income | (2.39 M) | ||||
| Cash And Equivalents | 560.24 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 40 K | ||||
| Current Ratio | 21.21 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (2.08 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Beta | 1.78 | ||||
| Market Capitalization | 16.56 M | ||||
| Total Asset | 1.65 M | ||||
| Retained Earnings | (13.16 M) | ||||
| Working Capital | 1.11 M | ||||
| Net Asset | 1.65 M |
About Quantum Numbers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Quantum Numbers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quantum Numbers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quantum Numbers based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Quantum Stock Analysis
When running Quantum Numbers' price analysis, check to measure Quantum Numbers' 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 Quantum Numbers is operating at the current time. Most of Quantum Numbers' value examination focuses on studying past and present price action to predict the probability of Quantum Numbers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantum Numbers' price. Additionally, you may evaluate how the addition of Quantum Numbers to your portfolios can decrease your overall portfolio volatility.