QEC Stock | | | CAD 0.24 0.01 4.00% |
Questerre Energy financial indicator trend analysis is much more than just breaking down Questerre Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Questerre Energy is a good investment. Please check the relationship between Questerre Energy Days Sales Outstanding and its Payables Turnover accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Questerre Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Questerre Energy Days Sales Outstanding account and
Payables Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Questerre Energy's Days Sales Outstanding and Payables Turnover is -0.41. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Questerre Energy, assuming nothing else is changed. The correlation between historical values of Questerre Energy's Days Sales Outstanding and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Questerre Energy are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Days Sales Outstanding i.e., Questerre Energy's Days Sales Outstanding and Payables Turnover go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Most indicators from Questerre Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Questerre Energy 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 Questerre Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Questerre Energy reported last year
Tax Provision of
(44,000). As of the 27th of November 2024,
Enterprise Value Over EBITDA is likely to grow to 3.39, while
Selling General Administrative is likely to drop about 5
M.
Balance Sheet is a snapshot of the
financial position of Questerre Energy at a specified time, usually calculated after every quarter, six months, or one year. Questerre Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Questerre Energy 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 Questerre currently owns. An asset can also be divided into two categories, current and non-current.