Questerre Interest Coverage vs Pocfratio Analysis
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 Interest Coverage and its Pocfratio 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.
Interest Coverage vs Pocfratio
Interest Coverage vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Questerre Energy Interest Coverage account and Pocfratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Questerre Energy's Interest Coverage and Pocfratio is -0.49. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Pocfratio 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 Interest Coverage and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Questerre Energy are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Interest Coverage i.e., Questerre Energy's Interest Coverage and Pocfratio go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Interest Coverage
Pocfratio
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.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 19.7M | 30.0M | 28.7M | 14.8M | EBITDA | 14.6M | 25.1M | 13.2M | 16.4M |
Questerre Energy fundamental ratios Correlations
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Questerre Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Questerre Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 318.1M | 196.2M | 184.3M | 196.5M | 172.3M | 176.0M | |
Other Current Liab | 11.5M | 6.2M | 8.4M | 11.1M | 184.0K | 174.8K | |
Total Current Liabilities | 28.0M | 21.7M | 11.8M | 11.2M | 9.7M | 17.9M | |
Total Stockholder Equity | 268.7M | 152.1M | 149.0M | 166.1M | 143.7M | 147.7M | |
Property Plant And Equipment Net | 280.0M | 166.9M | 155.0M | 155.5M | 116.1M | 118.6M | |
Net Debt | 1.5M | 5.3M | (4.9M) | (29.3M) | (34.8M) | (36.6M) | |
Retained Earnings | (182.5M) | (300.2M) | (304.5M) | (290.3M) | (314.1M) | (298.4M) | |
Cash | 15.0M | 10.4M | 8.5M | 29.6M | 35.0M | 33.0M | |
Non Current Assets Total | 298.3M | 182.3M | 170.6M | 161.3M | 132.9M | 137.5M | |
Cash And Short Term Investments | 15.0M | 10.4M | 8.5M | 29.6M | 35.0M | 33.4M | |
Common Stock Shares Outstanding | 417.0M | 427.6M | 428.0M | 430.5M | 428.5M | 264.8M | |
Liabilities And Stockholders Equity | 318.1M | 196.2M | 184.3M | 196.5M | 172.3M | 176.0M | |
Non Current Liabilities Total | 21.4M | 22.4M | 23.5M | 19.1M | 19.0M | 10.4M | |
Other Current Assets | 881K | 819K | 1.1M | 968K | 1.4M | 927.6K | |
Other Stockholder Equity | 21.7M | 23.0M | 24.1M | 26.3M | 27.9M | 26.5M | |
Total Liab | 49.4M | 44.1M | 35.3M | 30.4M | 28.7M | 28.3M | |
Property Plant And Equipment Gross | 280.0M | 166.9M | 307.8M | 318.6M | 327.1M | 343.5M | |
Total Current Assets | 19.8M | 13.9M | 13.6M | 35.2M | 39.5M | 38.5M | |
Accumulated Other Comprehensive Income | (213K) | (473K) | (527K) | 296K | (20K) | (21K) | |
Common Stock | 415.0M | 415.7M | 429.7M | 429.9M | 494.4M | 370.0M | |
Short Long Term Debt Total | 16.5M | 15.7M | 3.6M | 283K | 228K | 216.6K | |
Non Currrent Assets Other | 7.5M | 7.4M | 7.7M | 12.3M | 14.1M | 13.4M | |
Short Term Debt | 16.5M | 15.5M | 3.5M | 92K | 94K | 89.3K | |
Accounts Payable | 11.5M | 6.2M | 8.4M | 10.6M | 9.4M | 12.9M | |
Net Receivables | 3.9M | 2.7M | 4.0M | 4.6M | 3.0M | 3.2M | |
Short Term Investments | 881K | 819K | 1.1M | 968K | 1.4M | 1.3M | |
Other Liab | 21.4M | 22.2M | 23.3M | 19.0M | 21.8M | 16.5M | |
Net Tangible Assets | 266.3M | 152.1M | 149.0M | 166.1M | 149.5M | 142.9M | |
Other Assets | 13.0M | 6.8M | 7.5M | 1K | 1.0 | 0.95 | |
Long Term Investments | 8.4M | 8.0M | 8.0M | 5.8M | 4.5M | 7.8M | |
Property Plant Equipment | 280.0M | 166.9M | 155.0M | 155.5M | 178.9M | 189.8M | |
Capital Surpluse | 21.7M | 23.0M | 24.1M | 26.3M | 30.2M | 23.0M | |
Short Long Term Debt | 16.4M | 15.4M | 3.4M | 33K | 36K | 34.2K | |
Long Term Debt Total | 18K | 205K | 155K | 191K | 219.7K | 230.6K | |
Net Invested Capital | 285.0M | 167.5M | 152.4M | 166.2M | 143.7M | 148.6M | |
Net Working Capital | (8.2M) | (7.8M) | 1.8M | 23.9M | 29.8M | 31.3M |
Other Information on Investing in Questerre Stock
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.