QCCU Cash vs Net Receivables Analysis

QCCU Stock  CAD 0.12  0.01  7.69%   
QC Copper financial indicator trend analysis is much more than just breaking down QC Copper prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QC Copper is a good investment. Please check the relationship between QC Copper Cash and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QC Copper and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QC Copper Cash account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between QC Copper's Cash and Net Receivables is 0.45. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of QC Copper and, assuming nothing else is changed. The correlation between historical values of QC Copper's Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of QC Copper and are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., QC Copper's Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of QC Copper, which is listed under current asset account on QC Copper and balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from QC Copper customers. The amounts must be unrestricted with restricted cash listed in a different QC Copper account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Receivables

Most indicators from QC Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QC Copper 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in QC Copper and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, QC Copper's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.7 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (3.29).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation15.5K11.1K12.8K11.4K
Cost Of Revenue15.5K11.1K12.8K11.4K

QC Copper fundamental ratios Correlations

0.560.670.990.93-0.450.910.950.220.650.91-0.770.920.670.990.990.860.970.89-0.74-0.310.950.94
0.560.990.480.320.30.830.770.68-0.150.24-0.290.270.990.480.480.170.380.21-0.280.130.660.32
0.670.990.590.450.180.90.860.63-0.010.37-0.390.41.00.590.60.30.510.35-0.370.040.760.45
0.990.480.590.94-0.510.870.910.160.70.93-0.780.950.591.00.990.880.990.91-0.75-0.330.930.96
0.930.320.450.94-0.710.780.820.010.870.94-0.80.930.450.940.940.980.940.99-0.78-0.60.890.98
-0.450.30.18-0.51-0.71-0.21-0.240.5-0.95-0.730.54-0.670.19-0.51-0.52-0.82-0.57-0.780.530.66-0.36-0.71
0.910.830.90.870.78-0.210.990.380.40.7-0.630.720.90.870.880.670.820.72-0.6-0.230.960.79
0.950.770.860.910.82-0.240.990.340.450.75-0.660.770.850.910.920.720.870.76-0.63-0.240.980.83
0.220.680.630.160.010.50.380.34-0.36-0.01-0.20.020.640.160.08-0.140.01-0.1-0.210.250.2-0.07
0.65-0.15-0.010.70.87-0.950.40.45-0.360.84-0.670.8-0.020.70.70.950.740.92-0.65-0.740.580.85
0.910.240.370.930.94-0.730.70.75-0.010.84-0.80.990.370.930.930.930.950.94-0.78-0.40.780.97
-0.77-0.29-0.39-0.78-0.80.54-0.63-0.66-0.2-0.67-0.8-0.82-0.39-0.78-0.75-0.78-0.75-0.791.00.41-0.69-0.75
0.920.270.40.950.93-0.670.720.770.020.80.99-0.820.40.950.940.910.960.92-0.81-0.350.80.96
0.670.991.00.590.450.190.90.850.64-0.020.37-0.390.40.590.590.30.50.35-0.370.040.750.45
0.990.480.591.00.94-0.510.870.910.160.70.93-0.780.950.590.990.880.990.91-0.75-0.330.930.96
0.990.480.60.990.94-0.520.880.920.080.70.93-0.750.940.590.990.880.990.91-0.72-0.320.940.97
0.860.170.30.880.98-0.820.670.72-0.140.950.93-0.780.910.30.880.880.91.0-0.75-0.670.810.96
0.970.380.510.990.94-0.570.820.870.010.740.95-0.750.960.50.990.990.90.93-0.72-0.330.90.98
0.890.210.350.910.99-0.780.720.76-0.10.920.94-0.790.920.350.910.911.00.93-0.77-0.630.850.97
-0.74-0.28-0.37-0.75-0.780.53-0.6-0.63-0.21-0.65-0.781.0-0.81-0.37-0.75-0.72-0.75-0.72-0.770.39-0.66-0.73
-0.310.130.04-0.33-0.60.66-0.23-0.240.25-0.74-0.40.41-0.350.04-0.33-0.32-0.67-0.33-0.630.39-0.4-0.49
0.950.660.760.930.89-0.360.960.980.20.580.78-0.690.80.750.930.940.810.90.85-0.66-0.40.88
0.940.320.450.960.98-0.710.790.83-0.070.850.97-0.750.960.450.960.970.960.980.97-0.73-0.490.88
Click cells to compare fundamentals

QC Copper Account Relationship Matchups

QC Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2M20.7M16.8M12.4M14.2M10.4M
Other Current Liab71.3K315.9K2.7M4.6K5.3K5.0K
Total Current Liabilities380.0K3.6M318.7K262.3K301.6K286.5K
Total Stockholder Equity4.8M17.2M16.5M12.1M13.9M9.5M
Net Tangible Assets343.2K4.8M17.2M16.5M19.0M19.9M
Retained Earnings72.4K554.5K(3.4M)(10.7M)(9.6M)(9.1M)
Accounts Payable64.1K859.2K314.1K262.3K301.6K284.7K
Cash1.7M17.5M8.9M5.8M6.6M6.4M
Non Current Assets Total3.4M2.9M40.5K29.4K26.5K25.1K
Net Receivables67.6K200.7K1.2M1.9M2.1M2.3M
Common Stock Shares Outstanding70.8M134.4M150.7M173.7M199.7M109.8M
Other Stockholder Equity630.9K1.1M2.2M2.7M3.1M1.5M
Total Liab438.0K3.6M318.7K262.3K301.6K286.5K
Net Invested Capital4.8M17.2M16.5M12.1M13.9M9.5M
Total Current Assets1.8M17.8M16.8M12.4M14.2M9.1M
Capital Stock3.6M14.4M17.2M20.0M23.0M24.1M
Net Working Capital1.5M14.3M16.5M12.1M13.9M8.3M
Common Stock2.0M3.6M14.4M17.2M19.8M20.8M

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Additional Tools for QCCU Stock Analysis

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