QGR Total Current Liabilities vs Short Long Term Debt Analysis

QGR Stock

CAD 0.10 0.00 0.00%

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 Total Current Liabilities and its Short Long 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.

Total Current Liabilities vs Short Long Term Debt

Total Current Liabilities vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Q Gold Resources Total Current Liabilities account and Short Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Q Gold's Total Current Liabilities and Short Long Term Debt is 0.46. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Long 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 Total Current Liabilities and Short Long 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 Total Current Liabilities of Q Gold Resources are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Current Liabilities i.e., Q Gold's Total Current Liabilities and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Q Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Q Gold Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

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 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 618.8 K in 2025.

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		-0.4	-0.07	0.66	-0.15	0.69	-0.33	-0.03	0.63	0.49	-0.45	-0.07	0.31	1.0	0.36	0.48	0.08	0.14	0.26	0.14	0.48	0.62	0.53	0.41	-0.15
Other Current Liab	-0.4		-0.32	-0.04	-0.29	-0.79	0.44	-0.43	-0.33	-0.62	0.89	-0.32	-0.73	-0.4	-0.56	-0.65	0.14	0.28	-0.39	0.28	-0.67	0.14	0.21	-0.59	-0.06
Total Current Liabilities	-0.07	-0.32		-0.77	0.7	0.45	-0.86	0.99	-0.26	0.81	-0.24	1.0	0.46	-0.07	0.22	0.69	0.02	-0.7	0.67	-0.7	0.75	-0.79	-0.85	0.83	0.22
Total Stockholder Equity	0.66	-0.04	-0.77		-0.52	0.12	0.46	-0.74	0.58	-0.28	-0.13	-0.78	-0.14	0.67	0.07	-0.23	0.0	0.49	-0.38	0.49	-0.27	0.98	0.96	-0.36	-0.22
Other Liab	-0.15	-0.29	0.7	-0.52		0.35	-0.39	0.71	-0.23	0.54	-0.25	0.7	0.44	-0.14	0.27	0.52	-0.14	-0.82	0.28	-0.82	0.5	-0.57	-0.59	0.64	0.51
Net Tangible Assets	0.69	-0.79	0.45	0.12	0.35		-0.66	0.5	0.54	0.85	-0.83	0.44	0.79	0.7	0.7	0.82	-0.18	-0.35	0.43	-0.35	0.83	-0.02	-0.12	0.79	0.08
Retained Earnings	-0.33	0.44	-0.86	0.46	-0.39	-0.66		-0.85	0.02	-0.93	0.41	-0.86	-0.57	-0.33	-0.4	-0.84	0.05	0.42	-0.83	0.42	-0.9	0.5	0.59	-0.9	-0.02
Accounts Payable	-0.03	-0.43	0.99	-0.74	0.71	0.5	-0.85		-0.21	0.83	-0.31	0.99	0.5	-0.03	0.23	0.71	0.05	-0.71	0.66	-0.71	0.78	-0.77	-0.83	0.85	0.23
Cash	0.63	-0.33	-0.26	0.58	-0.23	0.54	0.02	-0.21		0.13	-0.36	-0.26	0.22	0.63	0.27	0.16	0.13	0.22	-0.14	0.22	0.15	0.51	0.48	0.05	-0.32
Net Receivables	0.49	-0.62	0.81	-0.28	0.54	0.85	-0.93	0.83	0.13		-0.6	0.81	0.69	0.5	0.52	0.91	-0.09	-0.54	0.72	-0.54	0.95	-0.36	-0.46	0.97	0.13
Other Stockholder Equity	-0.45	0.89	-0.24	-0.13	-0.25	-0.83	0.41	-0.31	-0.36	-0.6		-0.23	-0.9	-0.46	-0.83	-0.69	0.26	0.19	-0.36	0.19	-0.68	0.06	0.14	-0.59	-0.07
Total Liab	-0.07	-0.32	1.0	-0.78	0.7	0.44	-0.86	0.99	-0.26	0.81	-0.23		0.45	-0.07	0.21	0.69	0.0	-0.7	0.66	-0.7	0.75	-0.79	-0.85	0.83	0.22
Short Long Term Debt	0.31	-0.73	0.46	-0.14	0.44	0.79	-0.57	0.5	0.22	0.69	-0.9	0.45		0.32	0.94	0.85	-0.3	-0.24	0.51	-0.24	0.81	-0.31	-0.38	0.74	0.24
Total Current Assets	1.0	-0.4	-0.07	0.67	-0.14	0.7	-0.33	-0.03	0.63	0.5	-0.46	-0.07	0.32		0.37	0.48	0.06	0.14	0.26	0.14	0.48	0.62	0.53	0.41	-0.15
Short Term Debt	0.36	-0.56	0.22	0.07	0.27	0.7	-0.4	0.23	0.27	0.52	-0.83	0.21	0.94	0.37		0.71	-0.39	-0.07	0.39	-0.07	0.65	-0.09	-0.15	0.57	0.16
Common Stock	0.48	-0.65	0.69	-0.23	0.52	0.82	-0.84	0.71	0.16	0.91	-0.69	0.69	0.85	0.48	0.71		-0.09	-0.3	0.75	-0.3	0.98	-0.32	-0.42	0.96	0.23
Property Plant Equipment	0.08	0.14	0.02	0.0	-0.14	-0.18	0.05	0.05	0.13	-0.09	0.26	0.0	-0.3	0.06	-0.39	-0.09		0.21	0.0	0.21	-0.04	0.1	0.1	-0.07	-0.02
Long Term Debt	0.14	0.28	-0.7	0.49	-0.82	-0.35	0.42	-0.71	0.22	-0.54	0.19	-0.7	-0.24	0.14	-0.07	-0.3	0.21		-0.2	1.0	-0.37	0.54	0.56	-0.51	-0.24
Non Current Assets Total	0.26	-0.39	0.67	-0.38	0.28	0.43	-0.83	0.66	-0.14	0.72	-0.36	0.66	0.51	0.26	0.39	0.75	0.0	-0.2		-0.2	0.79	-0.39	-0.49	0.76	-0.16
Other Assets	0.14	0.28	-0.7	0.49	-0.82	-0.35	0.42	-0.71	0.22	-0.54	0.19	-0.7	-0.24	0.14	-0.07	-0.3	0.21	1.0	-0.2		-0.37	0.54	0.56	-0.51	-0.24
Common Stock Shares Outstanding	0.48	-0.67	0.75	-0.27	0.5	0.83	-0.9	0.78	0.15	0.95	-0.68	0.75	0.81	0.48	0.65	0.98	-0.04	-0.37	0.79	-0.37		-0.36	-0.46	0.97	0.16
Net Invested Capital	0.62	0.14	-0.79	0.98	-0.57	-0.02	0.5	-0.77	0.51	-0.36	0.06	-0.79	-0.31	0.62	-0.09	-0.32	0.1	0.54	-0.39	0.54	-0.36		0.99	-0.43	-0.24
Net Working Capital	0.53	0.21	-0.85	0.96	-0.59	-0.12	0.59	-0.83	0.48	-0.46	0.14	-0.85	-0.38	0.53	-0.15	-0.42	0.1	0.56	-0.49	0.56	-0.46	0.99		-0.53	-0.23
Capital Stock	0.41	-0.59	0.83	-0.36	0.64	0.79	-0.9	0.85	0.05	0.97	-0.59	0.83	0.74	0.41	0.57	0.96	-0.07	-0.51	0.76	-0.51	0.97	-0.43	-0.53		0.23
Net Debt	-0.15	-0.06	0.22	-0.22	0.51	0.08	-0.02	0.23	-0.32	0.13	-0.07	0.22	0.24	-0.15	0.16	0.23	-0.02	-0.24	-0.16	-0.24	0.16	-0.24	-0.23	0.23

Click cells to compare fundamentals

Q Gold Account Relationship Matchups

Q Gold fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.8M	1.4M	481.5K	101.2K	116.3K	110.5K
Total Current Liabilities	552.6K	922.0K	1.8M	2.0M	2.3M	2.4M
Total Stockholder Equity	1.3M	486.0K	(1.3M)	(1.9M)	(1.7M)	(1.6M)
Net Tangible Assets	419.6K	(73.5K)	1.3M	486.0K	558.9K	586.9K
Retained Earnings	(21.2M)	(23.4M)	(24.8M)	(25.2M)	(22.7M)	(23.8M)
Accounts Payable	374.3K	606.5K	1.2M	1.4M	1.6M	1.7M
Cash	447.5K	44.6K	237.4K	10.5K	12.0K	11.4K
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	552.6K	922.0K	1.8M	2.0M	2.3M	2.4M
Total Current Assets	1.8M	1.4M	466.4K	93.2K	107.2K	101.8K
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	1.3M	741.3K	(987.4K)	(1.6M)	(1.4M)	(1.3M)
Net Working Capital	1.3M	471.1K	(1.3M)	(1.9M)	(1.7M)	(1.6M)
Capital Stock	16.7M	22.0M	23.1M	23.1M	26.5M	22.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for QGR Stock Analysis

When running Q Gold's price analysis, check to measure Q Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Q Gold is operating at the current time. Most of Q Gold's value examination focuses on studying past and present price action to predict the probability of Q Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Q Gold's price. Additionally, you may evaluate how the addition of Q Gold to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC