Questerre Net Income Per Share vs Price To Sales Ratio 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 Net Income Per Share and its Price To Sales Ratio 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.

Net Income Per Share vs Price To Sales Ratio

Net Income Per Share vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Questerre Energy Net Income Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Questerre Energy's Net Income Per Share and Price To Sales Ratio is 0.15. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Price To Sales Ratio 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 Net Income Per Share and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Questerre Energy are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Net Income Per Share i.e., Questerre Energy's Net Income Per Share and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Income Per Share

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Questerre Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Questerre Energy sales, a figure that is much harder to manipulate than other Questerre Energy multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

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 30th of November 2024, Enterprise Value Over EBITDA is likely to grow to 3.39, while Selling General Administrative is likely to drop about 4.9 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	2.9M	6.3M	6.5M	7.4M
Cost Of Revenue	19.7M	30.0M	28.7M	14.8M

Total Operating Expenses Cost Of Revenue

Questerre Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Non Currrent Assets Other	Short Term Debt	Current Deferred Revenue	Accounts Payable	Net Receivables	Inventory
Total Assets		0.18	0.64	0.99	0.75	-0.3	-0.1	0.4	0.9	0.4	0.61	0.49	0.31	0.16	0.25	0.68	0.26	0.41	0.6	0.53	0.19	0.37	-0.66	0.55	0.46	-0.32
Other Current Liab	0.18		-0.17	0.24	-0.32	-0.66	0.28	0.7	-0.13	0.7	-0.09	-0.09	-0.09	-0.43	0.86	-0.18	-0.3	0.71	-0.1	0.11	-0.06	-0.19	-0.14	0.04	0.77	-0.17
Total Current Liabilities	0.64	-0.17		0.56	0.65	0.21	-0.16	-0.05	0.72	-0.05	0.41	0.27	0.05	0.32	-0.04	0.81	-0.07	-0.04	0.4	0.82	0.49	0.83	-0.69	0.45	-0.01	-0.12
Total Stockholder Equity	0.99	0.24	0.56		0.67	-0.4	-0.01	0.48	0.85	0.48	0.53	0.41	0.23	0.11	0.31	0.57	0.23	0.49	0.53	0.49	0.13	0.28	-0.63	0.58	0.52	-0.36
Property Plant And Equipment Net	0.75	-0.32	0.65	0.67		0.36	-0.43	-0.27	0.94	-0.27	0.72	0.72	0.63	0.45	-0.3	0.88	0.51	-0.25	0.71	0.42	0.18	0.55	-0.5	0.2	-0.09	-0.04
Net Debt	-0.3	-0.66	0.21	-0.4	0.36		-0.33	-0.97	0.13	-0.97	0.07	0.18	0.29	0.34	-0.78	0.34	0.09	-0.97	0.06	0.16	-0.03	0.52	0.0	-0.44	-0.79	0.32
Retained Earnings	-0.1	0.28	-0.16	-0.01	-0.43	-0.33		0.3	-0.25	0.31	-0.81	-0.82	-0.77	-0.47	0.3	-0.58	-0.77	0.28	-0.83	0.17	-0.13	-0.09	-0.11	0.29	0.14	-0.09
Cash	0.4	0.7	-0.05	0.48	-0.27	-0.97	0.3		-0.03	1.0	0.01	-0.1	-0.25	-0.36	0.84	-0.18	-0.15	1.0	0.01	0.03	0.14	-0.35	-0.13	0.41	0.85	-0.32
Non Current Assets Total	0.9	-0.13	0.72	0.85	0.94	0.13	-0.25	-0.03		-0.04	0.66	0.58	0.45	0.34	-0.13	0.83	0.35	-0.02	0.65	0.57	0.14	0.57	-0.65	0.41	0.1	-0.22
Cash And Short Term Investments	0.4	0.7	-0.05	0.48	-0.27	-0.97	0.31	1.0	-0.04		0.0	-0.11	-0.26	-0.36	0.85	-0.19	-0.16	1.0	0.01	0.03	0.14	-0.35	-0.14	0.41	0.85	-0.32
Common Stock Total Equity	0.61	-0.09	0.41	0.53	0.72	0.07	-0.81	0.01	0.66	0.0		0.95	0.8	0.47	-0.07	0.79	0.71	0.03	1.0	0.15	0.19	0.24	-0.27	0.05	0.16	-0.04
Common Stock Shares Outstanding	0.49	-0.09	0.27	0.41	0.72	0.18	-0.82	-0.1	0.58	-0.11	0.95		0.93	0.44	-0.12	0.75	0.73	-0.09	0.94	0.02	0.21	0.16	-0.19	-0.11	0.11	0.1
Non Current Liabilities Total	0.31	-0.09	0.05	0.23	0.63	0.29	-0.77	-0.25	0.45	-0.26	0.8	0.93		0.26	-0.22	0.63	0.71	-0.23	0.79	-0.13	0.08	0.07	-0.01	-0.3	0.0	0.14
Other Current Assets	0.16	-0.43	0.32	0.11	0.45	0.34	-0.47	-0.36	0.34	-0.36	0.47	0.44	0.26		-0.32	0.4	0.41	-0.34	0.47	-0.01	0.27	0.12	-0.11	0.28	-0.29	0.25
Other Stockholder Equity	0.25	0.86	-0.04	0.31	-0.3	-0.78	0.3	0.84	-0.13	0.85	-0.07	-0.12	-0.22	-0.32		-0.16	-0.27	0.86	-0.07	0.12	0.08	-0.22	-0.17	0.2	0.89	-0.01
Total Liab	0.68	-0.18	0.81	0.57	0.88	0.34	-0.58	-0.18	0.83	-0.19	0.79	0.75	0.63	0.4	-0.16		0.36	-0.17	0.78	0.56	0.43	0.69	-0.54	0.17	-0.01	0.0
Property Plant And Equipment Gross	0.26	-0.3	-0.07	0.23	0.51	0.09	-0.77	-0.15	0.35	-0.16	0.71	0.73	0.71	0.41	-0.27	0.36		-0.14	0.74	-0.44	-0.12	-0.24	0.22	-0.11	-0.04	-0.03
Total Current Assets	0.41	0.71	-0.04	0.49	-0.25	-0.97	0.28	1.0	-0.02	1.0	0.03	-0.09	-0.23	-0.34	0.86	-0.17	-0.14		0.03	0.04	0.14	-0.35	-0.15	0.41	0.87	-0.3
Common Stock	0.6	-0.1	0.4	0.53	0.71	0.06	-0.83	0.01	0.65	0.01	1.0	0.94	0.79	0.47	-0.07	0.78	0.74	0.03		0.12	0.18	0.22	-0.24	0.05	0.16	-0.05
Short Long Term Debt Total	0.53	0.11	0.82	0.49	0.42	0.16	0.17	0.03	0.57	0.03	0.15	0.02	-0.13	-0.01	0.12	0.56	-0.44	0.04	0.12		0.21	0.85	-0.74	0.23	0.11	-0.1
Non Currrent Assets Other	0.19	-0.06	0.49	0.13	0.18	-0.03	-0.13	0.14	0.14	0.14	0.19	0.21	0.08	0.27	0.08	0.43	-0.12	0.14	0.18	0.21		0.22	-0.29	0.38	0.02	0.07
Short Term Debt	0.37	-0.19	0.83	0.28	0.55	0.52	-0.09	-0.35	0.57	-0.35	0.24	0.16	0.07	0.12	-0.22	0.69	-0.24	-0.35	0.22	0.85	0.22		-0.58	0.07	-0.29	-0.08
Current Deferred Revenue	-0.66	-0.14	-0.69	-0.63	-0.5	0.0	-0.11	-0.13	-0.65	-0.14	-0.27	-0.19	-0.01	-0.11	-0.17	-0.54	0.22	-0.15	-0.24	-0.74	-0.29	-0.58		-0.44	-0.32	0.11
Accounts Payable	0.55	0.04	0.45	0.58	0.2	-0.44	0.29	0.41	0.41	0.41	0.05	-0.11	-0.3	0.28	0.2	0.17	-0.11	0.41	0.05	0.23	0.38	0.07	-0.44		0.24	-0.18
Net Receivables	0.46	0.77	-0.01	0.52	-0.09	-0.79	0.14	0.85	0.1	0.85	0.16	0.11	0.0	-0.29	0.89	-0.01	-0.04	0.87	0.16	0.11	0.02	-0.29	-0.32	0.24		-0.04
Inventory	-0.32	-0.17	-0.12	-0.36	-0.04	0.32	-0.09	-0.32	-0.22	-0.32	-0.04	0.1	0.14	0.25	-0.01	0.0	-0.03	-0.3	-0.05	-0.1	0.07	-0.08	0.11	-0.18	-0.04

Click cells to compare fundamentals

Questerre Energy Account Relationship Matchups

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	1.0	6.2M	8.4M	484K	184K	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	128.4M	119.2M
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	1.0M
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	1.0	1.15	1.09
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

Pair Trading with Questerre Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Questerre Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Questerre Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Questerre Stock

0.72

ENB-PFU

Enbridge Pref L

Pair Corr

The ability to find closely correlated positions to Questerre Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Questerre Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Questerre Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Questerre Energy to buy it.

The correlation of Questerre Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Questerre Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Questerre Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Questerre Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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.

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Questerre Net Income Per Share vs Price To Sales Ratio Analysis

Net Income Per Share vs Price To Sales Ratio

Net Income Per Share vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Net Income Per Share

Price To Sales Ratio

Questerre Energy fundamental ratios Correlations

Questerre Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Questerre Energy fundamental ratios Accounts

Pair Trading with Questerre Energy

Moving together with Questerre Stock

Other Information on Investing in Questerre Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.95	Common Stock Total Equity

Total Current Assets	- 0.97	Net Debt
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Common Stock	- 0.83	Retained Earnings
Common Stock Shares Outstanding	- 0.82	Retained Earnings
Common Stock Total Equity	- 0.81	Retained Earnings