Quoin Pharmaceuticals Ltd Stock Working Capital

QNRX Stock  USD 0.62  0.01  1.59%   
Quoin Pharmaceuticals Ltd fundamentals help investors to digest information that contributes to Quoin Pharmaceuticals' financial success or failures. It also enables traders to predict the movement of Quoin Stock. The fundamental analysis module provides a way to measure Quoin Pharmaceuticals' 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 Quoin Pharmaceuticals stock.
Last ReportedProjected for Next Year
Net Working Capital7.7 M8.1 M
Change In Working Capital95.2 K90.4 K
Net Working Capital is likely to rise to about 8.1 M in 2024, whereas Change In Working Capital is likely to drop slightly above 90.4 K in 2024.
  
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Quoin Pharmaceuticals Ltd Company Working Capital Analysis

Quoin Pharmaceuticals' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Quoin Pharmaceuticals Working Capital

    
  7.7 M  
Most of Quoin Pharmaceuticals' fundamental indicators, such as Working Capital, 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, Quoin Pharmaceuticals Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Quoin Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Quoin Pharmaceuticals is extremely important. It helps to project a fair market value of Quoin Stock properly, considering its historical fundamentals such as Working Capital. Since Quoin Pharmaceuticals' 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 Quoin Pharmaceuticals' 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 Quoin Pharmaceuticals' interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Quoin Net Invested Capital

Net Invested Capital

5.95 Million

At this time, Quoin Pharmaceuticals' Net Invested Capital is fairly stable compared to the past year.
Based on the company's disclosures, Quoin Pharmaceuticals Ltd has a Working Capital of 7.7 M. This is 98.19% lower than that of the Biotechnology sector and 98.57% lower than that of the Health Care industry. The working capital for all United States stocks is 99.48% higher than that of the company.

Quoin Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quoin Pharmaceuticals' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quoin Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Quoin Pharmaceuticals by comparing valuation metrics of similar companies.
Quoin Pharmaceuticals is currently under evaluation in working capital category among its peers.

Quoin Pharmaceuticals Current Valuation Drivers

We derive many important indicators used in calculating different scores of Quoin Pharmaceuticals from analyzing Quoin Pharmaceuticals' financial statements. These drivers represent accounts that assess Quoin Pharmaceuticals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Quoin Pharmaceuticals' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap39.2M13.6M4.7M6.9M4.4M4.2M
Enterprise Value35.2M8.8M(210.7K)4.0M2.0M1.9M

Quoin Fundamentals

About Quoin Pharmaceuticals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Quoin Pharmaceuticals Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quoin Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quoin Pharmaceuticals Ltd 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 Quoin Stock Analysis

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