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 Inventory Turnover and its Ev To Sales 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.
Inventory Turnover vs Ev To Sales
Inventory Turnover vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Questerre Energy Inventory Turnover account and
Ev To Sales. At this time, the significance of the direction appears to have very week relationship.
The correlation between Questerre Energy's Inventory Turnover and Ev To Sales is 0.26. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Ev To Sales 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 Inventory Turnover and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Questerre Energy are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Inventory Turnover i.e., Questerre Energy's Inventory Turnover and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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.
Questerre Energy fundamental ratios Correlations
Click cells to compare fundamentals
Questerre Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Questerre Energy fundamental ratios Accounts
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.