QGR Net Debt vs Short Term Debt Analysis

QGR Stock

CAD 0.16 0.02 14.29%

Q Gold financial indicator trend analysis is much more than just breaking down Q Gold Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Q Gold Resources is a good investment. Please check the relationship between Q Gold Net Debt and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Q Gold Resources. 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 Debt vs Short Term Debt

Net Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Q Gold Resources Net Debt account and Short Term Debt. At this time, the significance of the direction appears to have no relationship.

The correlation between Q Gold's Net Debt and Short Term Debt is 0.01. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Q Gold Resources, assuming nothing else is changed. The correlation between historical values of Q Gold's Net Debt and Short Term Debt 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 Debt of Q Gold Resources are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Debt i.e., Q Gold's Net Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Term Debt

Most indicators from Q Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Q Gold Resources 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 Q Gold Resources. 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.

Selling General Administrative is likely to climb to about 414.7 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 618.8 K in 2024.

Q Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Debt	Non Current Assets Total	Other Assets	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Net Debt
Total Assets		-0.43	-0.01	0.67	-0.17	0.73	-0.31	0.03	0.63	0.55	-0.48	-0.02	0.41	1.0	0.39	0.54	0.08	0.16	0.3	0.16	0.55	0.63	0.54	0.45	-0.12
Other Current Liab	-0.43		-0.25	-0.11	-0.32	-0.78	0.42	-0.38	-0.38	-0.59	0.88	-0.24	-0.73	-0.43	-0.54	-0.63	0.14	0.31	-0.36	0.31	-0.65	0.07	0.15	-0.57	0.08
Total Current Liabilities	-0.01	-0.25		-0.75	0.75	0.4	-0.93	0.99	-0.2	0.79	-0.16	1.0	0.31	-0.01	0.15	0.65	0.04	-0.75	0.67	-0.75	0.72	-0.75	-0.82	0.82	-0.11
Total Stockholder Equity	0.67	-0.11	-0.75		-0.66	0.2	0.48	-0.71	0.57	-0.22	-0.21	-0.75	0.04	0.67	0.15	-0.14	0.02	0.64	-0.31	0.64	-0.17	0.97	0.96	-0.31	0.01
Other Liab	-0.17	-0.32	0.75	-0.66		0.38	-0.67	0.77	-0.25	0.6	-0.27	0.75	0.41	-0.16	0.3	0.59	-0.14	-0.82	0.26	-0.82	0.57	-0.73	-0.76	0.7	0.49
Net Tangible Assets	0.73	-0.78	0.4	0.2	0.38		-0.65	0.46	0.59	0.84	-0.82	0.39	0.8	0.73	0.68	0.81	-0.19	-0.37	0.39	-0.37	0.83	0.05	-0.05	0.78	-0.07
Retained Earnings	-0.31	0.42	-0.93	0.48	-0.67	-0.65		-0.92	0.02	-0.94	0.37	-0.93	-0.5	-0.31	-0.35	-0.82	0.11	0.69	-0.76	0.69	-0.88	0.52	0.62	-0.93	0.14
Accounts Payable	0.03	-0.38	0.99	-0.71	0.77	0.46	-0.92		-0.15	0.82	-0.25	0.98	0.36	0.03	0.16	0.68	0.08	-0.76	0.66	-0.76	0.75	-0.73	-0.8	0.84	-0.09
Cash	0.63	-0.38	-0.2	0.57	-0.25	0.59	0.02	-0.15		0.18	-0.41	-0.21	0.34	0.63	0.31	0.22	0.14	0.25	-0.1	0.25	0.23	0.49	0.46	0.1	-0.28
Net Receivables	0.55	-0.59	0.79	-0.22	0.6	0.84	-0.94	0.82	0.18		-0.58	0.79	0.65	0.55	0.5	0.9	-0.1	-0.6	0.69	-0.6	0.95	-0.29	-0.4	0.97	-0.09
Other Stockholder Equity	-0.48	0.88	-0.16	-0.21	-0.27	-0.82	0.37	-0.25	-0.41	-0.58		-0.15	-0.93	-0.49	-0.83	-0.68	0.27	0.21	-0.32	0.21	-0.67	-0.01	0.06	-0.56	0.07
Total Liab	-0.02	-0.24	1.0	-0.75	0.75	0.39	-0.93	0.98	-0.21	0.79	-0.15		0.3	-0.02	0.14	0.65	0.02	-0.75	0.67	-0.75	0.72	-0.75	-0.82	0.81	-0.11
Short Long Term Debt	0.41	-0.73	0.31	0.04	0.41	0.8	-0.5	0.36	0.34	0.65	-0.93	0.3		0.42	0.95	0.79	-0.35	-0.25	0.45	-0.25	0.76	-0.14	-0.22	0.68	-0.06
Total Current Assets	1.0	-0.43	-0.01	0.67	-0.16	0.73	-0.31	0.03	0.63	0.55	-0.49	-0.02	0.42		0.4	0.55	0.07	0.16	0.3	0.16	0.55	0.63	0.54	0.45	-0.11
Short Term Debt	0.39	-0.54	0.15	0.15	0.3	0.68	-0.35	0.16	0.31	0.5	-0.83	0.14	0.95	0.4		0.7	-0.4	-0.09	0.34	-0.09	0.64	-0.01	-0.08	0.55	0.01
Common Stock	0.54	-0.63	0.65	-0.14	0.59	0.81	-0.82	0.68	0.22	0.9	-0.68	0.65	0.79	0.55	0.7		-0.11	-0.35	0.71	-0.35	0.98	-0.23	-0.34	0.96	-0.01
Property Plant Equipment	0.08	0.14	0.04	0.02	-0.14	-0.19	0.11	0.08	0.14	-0.1	0.27	0.02	-0.35	0.07	-0.4	-0.11		0.21	0.0	0.21	-0.05	0.13	0.14	-0.08	-0.03
Long Term Debt	0.16	0.31	-0.75	0.64	-0.82	-0.37	0.69	-0.76	0.25	-0.6	0.21	-0.75	-0.25	0.16	-0.09	-0.35	0.21		-0.2	1.0	-0.43	0.7	0.73	-0.56	-0.26
Non Current Assets Total	0.3	-0.36	0.67	-0.31	0.26	0.39	-0.76	0.66	-0.1	0.69	-0.32	0.67	0.45	0.3	0.34	0.71	0.0	-0.2		-0.2	0.77	-0.32	-0.43	0.73	-0.42
Other Assets	0.16	0.31	-0.75	0.64	-0.82	-0.37	0.69	-0.76	0.25	-0.6	0.21	-0.75	-0.25	0.16	-0.09	-0.35	0.21	1.0	-0.2		-0.43	0.7	0.73	-0.56	-0.26
Common Stock Shares Outstanding	0.55	-0.65	0.72	-0.17	0.57	0.83	-0.88	0.75	0.23	0.95	-0.67	0.72	0.76	0.55	0.64	0.98	-0.05	-0.43	0.77	-0.43		-0.26	-0.38	0.97	-0.1
Net Invested Capital	0.63	0.07	-0.75	0.97	-0.73	0.05	0.52	-0.73	0.49	-0.29	-0.01	-0.75	-0.14	0.63	-0.01	-0.23	0.13	0.7	-0.32	0.7	-0.26		0.99	-0.38	0.01
Net Working Capital	0.54	0.15	-0.82	0.96	-0.76	-0.05	0.62	-0.8	0.46	-0.4	0.06	-0.82	-0.22	0.54	-0.08	-0.34	0.14	0.73	-0.43	0.73	-0.38	0.99		-0.49	0.03
Capital Stock	0.45	-0.57	0.82	-0.31	0.7	0.78	-0.93	0.84	0.1	0.97	-0.56	0.81	0.68	0.45	0.55	0.96	-0.08	-0.56	0.73	-0.56	0.97	-0.38	-0.49		0.01
Net Debt	-0.12	0.08	-0.11	0.01	0.49	-0.07	0.14	-0.09	-0.28	-0.09	0.07	-0.11	-0.06	-0.11	0.01	-0.01	-0.03	-0.26	-0.42	-0.26	-0.1	0.01	0.03	0.01

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Q Gold Account Relationship Matchups

Q Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	98.4K	1.8M	1.4M	481.5K	101.2K	96.1K
Total Current Liabilities	171.8K	552.6K	922.0K	1.8M	2.0M	2.1M
Total Stockholder Equity	(73.5K)	1.3M	486.0K	(1.3M)	(1.9M)	(1.8M)
Net Tangible Assets	419.6K	(73.5K)	1.3M	486.0K	558.9K	586.9K
Retained Earnings	(17.2M)	(21.2M)	(23.4M)	(24.8M)	(25.2M)	(26.4M)
Accounts Payable	104.4K	374.3K	606.5K	1.2M	1.4M	1.5M
Cash	68.1K	447.5K	44.6K	237.4K	10.5K	10.0K
Net Receivables	35.8K	30.3K	1.4M	1.3M	1.5M	1.6M
Other Stockholder Equity	785.3K	420.0K	489.1K	815.9K	734.3K	1.3M
Total Liab	171.8K	552.6K	922.0K	1.8M	2.0M	2.1M
Total Current Assets	98.4K	1.8M	1.4M	466.4K	93.2K	88.5K
Common Stock	16.6M	16.7M	22.0M	23.1M	26.5M	18.9M
Common Stock Shares Outstanding	19.7M	44.7M	55.7M	56.0M	64.4M	41.0M
Net Invested Capital	(73.5K)	1.3M	741.3K	(987.4K)	(1.6M)	(1.5M)
Net Working Capital	(73.5K)	1.3M	471.1K	(1.3M)	(1.9M)	(1.8M)
Capital Stock	16.7M	22.0M	23.1M	23.1M	26.5M	22.8M

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