Queclink Total Current Assets vs Short Term Debt Analysis

300590 Stock

13.81 0.88 5.99%

Queclink Wireless financial indicator trend analysis is much more than just breaking down Queclink Wireless prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Queclink Wireless is a good investment. Please check the relationship between Queclink Wireless Total Current Assets and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Queclink Wireless Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Current Assets vs Short Term Debt

Total Current Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Queclink Wireless Total Current Assets account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Queclink Wireless' Total Current Assets and Short Term Debt is -0.37. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Queclink Wireless Solutions, assuming nothing else is changed. The correlation between historical values of Queclink Wireless' Total Current Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Queclink Wireless Solutions are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Current Assets i.e., Queclink Wireless' Total Current Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Term Debt

Most indicators from Queclink Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Queclink Wireless current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Queclink Wireless Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 9.2 M, whereas Selling General Administrative is forecasted to decline to about 46.3 M.

	2021	2022	2023	2024 (projected)
Operating Income	162.7M	138.4M	177.6M	119.2M
Total Revenue	920.7M	1.0B	1.0B	538.1M

Operating Income Total Revenue

Queclink Wireless fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Other Liab	Net Tangible Assets	Deferred Long Term Liab	Total Current Assets	Intangible Assets	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Short Term Investments	Net Invested Capital	Short Long Term Debt	Net Working Capital
Total Assets		0.64	0.95	0.93	0.91	0.87	0.78	0.71	0.81	0.88	0.16	0.95	0.84	0.84	0.7	0.99	0.84	0.99	0.78	0.94	0.19	0.68	0.23	0.9	-0.27	0.72
Other Current Liab	0.64		0.77	0.47	0.45	0.48	0.51	0.44	0.25	0.59	0.19	0.77	0.3	0.41	0.22	0.56	0.4	0.61	0.5	0.59	0.12	0.19	-0.06	0.51	0.3	0.38
Total Current Liabilities	0.95	0.77		0.86	0.84	0.91	0.81	0.69	0.68	0.86	0.22	1.0	0.74	0.79	0.58	0.91	0.8	0.93	0.79	0.9	0.19	0.51	0.05	0.84	-0.2	0.65
Total Stockholder Equity	0.93	0.47	0.86		0.98	0.92	0.73	0.65	0.93	0.93	0.09	0.87	0.96	0.91	0.66	0.94	0.94	0.95	0.86	0.92	0.13	0.73	0.27	0.91	-0.58	0.73
Retained Earnings	0.91	0.45	0.84	0.98		0.91	0.65	0.62	0.94	0.95	0.02	0.84	0.97	0.94	0.61	0.92	0.94	0.92	0.89	0.92	0.08	0.78	0.36	0.93	-0.6	0.77
Accounts Payable	0.87	0.48	0.91	0.92	0.91		0.79	0.65	0.79	0.86	0.2	0.91	0.85	0.88	0.61	0.86	0.89	0.88	0.82	0.89	0.18	0.52	0.03	0.82	-0.55	0.61
Cash	0.78	0.51	0.81	0.73	0.65	0.79		0.52	0.55	0.65	-0.03	0.81	0.61	0.54	0.49	0.75	0.6	0.79	0.6	0.61	0.13	0.32	0.07	0.62	-0.25	0.52
Other Assets	0.71	0.44	0.69	0.65	0.62	0.65	0.52		0.63	0.51	0.42	0.7	0.52	0.48	0.61	0.69	0.57	0.67	0.41	0.75	0.78	0.39	-0.17	0.55	-0.16	0.31
Net Receivables	0.81	0.25	0.68	0.93	0.94	0.79	0.55	0.63		0.86	0.02	0.68	0.97	0.81	0.67	0.85	0.91	0.85	0.81	0.8	0.14	0.86	0.38	0.87	-0.69	0.76
Inventory	0.88	0.59	0.86	0.93	0.95	0.86	0.65	0.51	0.86		-0.02	0.87	0.93	0.88	0.49	0.89	0.95	0.92	0.97	0.86	-0.1	0.79	0.35	0.96	-0.52	0.88
Other Current Assets	0.16	0.19	0.22	0.09	0.02	0.2	-0.03	0.42	0.02	-0.02		0.22	0.0	0.03	0.52	0.12	0.16	0.11	-0.11	0.2	0.49	-0.1	-0.8	-0.06	0.15	-0.25
Total Liab	0.95	0.77	1.0	0.87	0.84	0.91	0.81	0.7	0.68	0.87	0.22		0.75	0.79	0.59	0.91	0.81	0.93	0.79	0.91	0.19	0.51	0.05	0.84	-0.2	0.65
Common Stock	0.84	0.3	0.74	0.96	0.97	0.85	0.61	0.52	0.97	0.93	0.0	0.75		0.9	0.62	0.88	0.96	0.89	0.89	0.83	-0.03	0.84	0.39	0.91	-0.71	0.81
Property Plant Equipment	0.84	0.41	0.79	0.91	0.94	0.88	0.54	0.48	0.81	0.88	0.03	0.79	0.9		0.52	0.86	0.87	0.85	0.81	0.92	-0.02	0.66	0.35	0.87	-0.55	0.67
Other Liab	0.7	0.22	0.58	0.66	0.61	0.61	0.49	0.61	0.67	0.49	0.52	0.59	0.62	0.52		0.69	0.63	0.67	0.37	0.61	0.33	0.53	-0.09	0.5	-0.24	0.34
Net Tangible Assets	0.99	0.56	0.91	0.94	0.92	0.86	0.75	0.69	0.85	0.89	0.12	0.91	0.88	0.86	0.69		0.87	0.99	0.81	0.93	0.15	0.75	0.3	0.93	-0.35	0.77
Deferred Long Term Liab	0.84	0.4	0.8	0.94	0.94	0.89	0.6	0.57	0.91	0.95	0.16	0.81	0.96	0.87	0.63	0.87		0.88	0.93	0.84	-0.01	0.8	0.21	0.92	-0.67	0.82
Total Current Assets	0.99	0.61	0.93	0.95	0.92	0.88	0.79	0.67	0.85	0.92	0.11	0.93	0.89	0.85	0.67	0.99	0.88		0.84	0.91	0.11	0.73	0.26	0.92	-0.37	0.78
Intangible Assets	0.78	0.5	0.79	0.86	0.89	0.82	0.6	0.41	0.81	0.97	-0.11	0.79	0.89	0.81	0.37	0.81	0.93	0.84		0.76	-0.22	0.78	0.37	0.94	-0.6	0.92
Non Current Assets Total	0.94	0.59	0.9	0.92	0.92	0.89	0.61	0.75	0.8	0.86	0.2	0.91	0.83	0.92	0.61	0.93	0.84	0.91	0.76		0.29	0.63	0.2	0.87	-0.35	0.63
Non Currrent Assets Other	0.19	0.12	0.19	0.13	0.08	0.18	0.13	0.78	0.14	-0.1	0.49	0.19	-0.03	-0.02	0.33	0.15	-0.01	0.11	-0.22	0.29		-0.17	-0.46	-0.08	0.14	-0.34
Common Stock Shares Outstanding	0.68	0.19	0.51	0.73	0.78	0.52	0.32	0.39	0.86	0.79	-0.1	0.51	0.84	0.66	0.53	0.75	0.8	0.73	0.78	0.63	-0.17		0.58	0.87	-0.53	0.9
Short Term Investments	0.23	-0.06	0.05	0.27	0.36	0.03	0.07	-0.17	0.38	0.35	-0.8	0.05	0.39	0.35	-0.09	0.3	0.21	0.26	0.37	0.2	-0.46	0.58		0.46	-0.25	0.58
Net Invested Capital	0.9	0.51	0.84	0.91	0.93	0.82	0.62	0.55	0.87	0.96	-0.06	0.84	0.91	0.87	0.5	0.93	0.92	0.92	0.94	0.87	-0.08	0.87	0.46		-0.48	0.93
Short Long Term Debt	-0.27	0.3	-0.2	-0.58	-0.6	-0.55	-0.25	-0.16	-0.69	-0.52	0.15	-0.2	-0.71	-0.55	-0.24	-0.35	-0.67	-0.37	-0.6	-0.35	0.14	-0.53	-0.25	-0.48		-0.47
Net Working Capital	0.72	0.38	0.65	0.73	0.77	0.61	0.52	0.31	0.76	0.88	-0.25	0.65	0.81	0.67	0.34	0.77	0.82	0.78	0.92	0.63	-0.34	0.9	0.58	0.93	-0.47

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Queclink Wireless Account Relationship Matchups

Queclink Wireless fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.3B	2.0B	2.0B	2.0B	1.0B
Other Current Liab	55.5M	48.7M	175.3M	134.0M	1.9M	1.8M
Total Current Liabilities	178.4M	183.0M	417.6M	262.8M	256.5M	163.3M
Total Stockholder Equity	1.0B	1.1B	1.5B	1.7B	1.8B	1.9B
Retained Earnings	391.0M	457.2M	588.6M	708.3M	713.2M	748.9M
Accounts Payable	96.0M	113.9M	208.8M	96.2M	172.4M	181.0M
Cash	282.6M	167.5M	530.1M	165.9M	395.4M	229.6M
Other Assets	216.6M	19.7M	107.4M	107.3M	123.4M	61.7M
Net Receivables	149.9M	88.1M	112.4M	254.4M	263.0M	276.2M
Inventory	126.1M	209.2M	584.6M	612.6M	494.4M	519.1M
Other Current Assets	19.3M	38.9M	48.0M	52.1M	6.4M	6.1M
Total Liab	181.7M	186.7M	420.4M	272.1M	261.9M	166.8M
Property Plant Equipment	94.5M	328.7M	259.6M	259.4M	298.3M	313.2M
Other Liab	3.3M	3.6M	2.3M	5.3M	6.1M	3.4M
Net Tangible Assets	1.0B	1.1B	1.5B	1.7B	1.9B	1.0B
Deferred Long Term Liab	6.0M	9.6M	27.4M	30.1M	34.6M	36.4M
Total Current Assets	875.0M	902.5M	1.6B	1.5B	1.6B	1.1B
Non Current Assets Total	311.3M	361.2M	405.9M	411.1M	396.6M	296.0M
Non Currrent Assets Other	209.0M	9.1M	3.2M	689.1K	2.3M	2.2M
Non Current Liabilities Total	3.3M	3.6M	2.8M	9.3M	5.3M	4.9M
Short Term Investments	297.1M	377.1M	238.5M	452.7M	447.2M	332.0M
Net Invested Capital	1.0B	1.1B	1.5B	1.7B	1.8B	1.4B
Net Working Capital	696.6M	719.5M	1.1B	1.3B	1.4B	1.0B

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Other Information on Investing in Queclink Stock

Balance Sheet is a snapshot of the financial position of Queclink Wireless at a specified time, usually calculated after every quarter, six months, or one year. Queclink Wireless Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Queclink Wireless and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Queclink currently owns. An asset can also be divided into two categories, current and non-current.

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Queclink Total Current Assets vs Short Term Debt Analysis

Total Current Assets vs Short Term Debt

Total Current Assets vs Short Term Debt Correlation Analysis

Correlation Coefficient

Total Current Assets

Short Term Debt

Queclink Wireless fundamental ratios Correlations

Queclink Wireless Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Queclink Wireless fundamental ratios Accounts

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Other Information on Investing in Queclink Stock

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Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Net Tangible Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Common Stock	+ 0.97	Retained Earnings

Short Term Investments	- 0.8	Other Current Assets
Short Long Term Debt	- 0.71	Common Stock
Short Long Term Debt	- 0.69	Net Receivables
Short Long Term Debt	- 0.67	Deferred Long Term Liab
Short Long Term Debt	- 0.6	Intangible Assets
Short Long Term Debt	- 0.6	Retained Earnings