Quorum Pb Ratio vs Price To Sales Ratio Analysis

QIS Stock  CAD 0.87  0.02  2.35%   
Quorum Information financial indicator trend analysis is much more than just breaking down Quorum Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quorum Information is a good investment. Please check the relationship between Quorum Information Pb Ratio 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 Quorum Information Technologies. 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.

Pb Ratio vs Price To Sales Ratio

Pb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quorum Information Pb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Quorum Information's Pb Ratio and Price To Sales Ratio is 0.63. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Quorum Information Technologies, assuming nothing else is changed. The correlation between historical values of Quorum Information's Pb Ratio 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 Pb Ratio of Quorum Information Technologies 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 Pb Ratio i.e., Quorum Information's Pb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Pb Ratio

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Quorum Information stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Quorum Information sales, a figure that is much harder to manipulate than other Quorum Information Technologies 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 Quorum Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quorum Information 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 Quorum Information Technologies. 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.
At this time, Quorum Information's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 57.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.5M1.6M1.6M1.7M
Depreciation And Amortization4.1M4.1M4.1M4.3M

Quorum Information fundamental ratios Correlations

0.890.460.880.970.890.680.210.960.90.480.950.9-0.1-0.360.90.90.610.980.930.80.760.76-0.47-0.66-0.54
0.890.380.970.810.880.890.090.910.980.240.911.0-0.12-0.351.00.750.850.930.810.910.580.58-0.67-0.86-0.69
0.460.380.280.430.280.350.20.420.370.420.480.380.03-0.130.370.350.180.50.490.550.210.21-0.45-0.36-0.13
0.880.970.280.820.860.820.220.930.970.20.880.97-0.06-0.430.980.790.840.910.790.860.650.65-0.58-0.8-0.74
0.970.810.430.820.830.540.230.90.870.620.870.82-0.2-0.360.820.920.520.920.950.760.820.82-0.39-0.53-0.53
0.890.880.280.860.830.630.140.910.830.30.890.870.07-0.30.880.890.580.840.780.660.80.8-0.46-0.54-0.4
0.680.890.350.820.540.63-0.140.710.860.030.770.89-0.2-0.160.880.390.880.790.590.860.160.16-0.74-0.98-0.68
0.210.090.20.220.230.14-0.140.320.08-0.190.230.110.62-0.560.130.42-0.060.210.080.110.470.470.20.09-0.21
0.960.910.420.930.90.910.710.320.890.280.960.920.11-0.450.920.890.640.960.840.780.750.75-0.46-0.68-0.55
0.90.980.370.970.870.830.860.080.890.370.880.98-0.26-0.330.980.750.830.940.850.920.590.59-0.63-0.84-0.75
0.480.240.420.20.620.30.03-0.190.280.370.260.24-0.570.050.240.46-0.020.390.630.30.460.46-0.05-0.04-0.05
0.950.910.480.880.870.890.770.230.960.880.260.920.06-0.330.920.820.630.970.820.810.630.63-0.52-0.74-0.53
0.91.00.380.970.820.870.890.110.920.980.240.92-0.11-0.351.00.750.840.940.810.910.580.58-0.65-0.86-0.7
-0.1-0.120.03-0.06-0.20.07-0.20.620.11-0.26-0.570.06-0.11-0.28-0.110.09-0.28-0.09-0.31-0.280.130.130.320.210.25
-0.36-0.35-0.13-0.43-0.36-0.3-0.16-0.56-0.45-0.330.05-0.33-0.35-0.28-0.36-0.47-0.3-0.36-0.31-0.39-0.47-0.470.190.20.36
0.91.00.370.980.820.880.880.130.920.980.240.921.0-0.11-0.360.760.840.940.810.90.590.59-0.65-0.85-0.71
0.90.750.350.790.920.890.390.420.890.750.460.820.750.09-0.470.760.410.820.840.620.960.96-0.29-0.34-0.39
0.610.850.180.840.520.580.88-0.060.640.83-0.020.630.84-0.28-0.30.840.410.680.620.840.260.26-0.83-0.86-0.79
0.980.930.50.910.920.840.790.210.960.940.390.970.94-0.09-0.360.940.820.680.880.870.630.63-0.51-0.79-0.64
0.930.810.490.790.950.780.590.080.840.850.630.820.81-0.31-0.310.810.840.620.880.790.730.73-0.56-0.57-0.55
0.80.910.550.860.760.660.860.110.780.920.30.810.91-0.28-0.390.90.620.840.870.790.430.43-0.78-0.86-0.78
0.760.580.210.650.820.80.160.470.750.590.460.630.580.13-0.470.590.960.260.630.730.431.0-0.14-0.11-0.27
0.760.580.210.650.820.80.160.470.750.590.460.630.580.13-0.470.590.960.260.630.730.431.0-0.14-0.11-0.27
-0.47-0.67-0.45-0.58-0.39-0.46-0.740.2-0.46-0.63-0.05-0.52-0.650.320.19-0.65-0.29-0.83-0.51-0.56-0.78-0.14-0.140.680.5
-0.66-0.86-0.36-0.8-0.53-0.54-0.980.09-0.68-0.84-0.04-0.74-0.860.210.2-0.85-0.34-0.86-0.79-0.57-0.86-0.11-0.110.680.75
-0.54-0.69-0.13-0.74-0.53-0.4-0.68-0.21-0.55-0.75-0.05-0.53-0.70.250.36-0.71-0.39-0.79-0.64-0.55-0.78-0.27-0.270.50.75
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Quorum Information Account Relationship Matchups

Quorum Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.9M49.6M45.2M47.1M45.8M24.1M
Short Long Term Debt Total12.5M13.2M12.2M15.1M12.9M13.6M
Other Current Liab239.3K372.0K2.7M2.5M111.9K106.3K
Total Current Liabilities3.7M4.2M3.4M3.3M3.9M4.1M
Total Stockholder Equity31.1M30.1M27.8M26.6M27.1M17.9M
Property Plant And Equipment Net4.2M4.2M3.7M2.8M2.3M1.9M
Net Debt4.0M3.9M5.8M10.3M9.3M9.8M
Retained Earnings(1.8M)(3.7M)(6.3M)(7.6M)(7.3M)(7.7M)
Accounts Payable2.8M3.1M2.7M2.5M2.5M1.6M
Non Current Assets Total36.6M36.3M34.2M37.6M37.8M39.7M
Non Currrent Assets Other3.6M3.7M4.0M3.6M2.6M2.6M
Net Receivables4.1M3.6M3.8M3.8M3.7M2.1M
Liabilities And Stockholders Equity49.9M49.6M45.2M47.1M45.8M24.1M
Non Current Liabilities Total15.1M15.3M14.0M17.2M14.9M15.6M
Inventory18.9K26.9K14.1K12.9K1.00.95
Other Stockholder Equity2.4M2.5M2.5M2.6M2.6M2.5M
Total Liab18.8M19.5M17.4M20.6M18.8M19.7M
Total Current Assets13.3M13.3M11.0M9.6M8.0M5.3M
Short Term Debt274.4K638.0K715.2K885.7K1.3M1.3M
Intangible Assets19.7M19.3M17.9M20.2M19.6M11.8M
Common Stock Shares Outstanding62.5M72.4M72.8M73.1M73.7M49.8M
Other Current Assets572.0K378.6K721.6K885.7K741.5K778.6K
Cash8.6M9.3M6.5M4.9M3.6M3.1M
Cash And Short Term Investments8.6M9.3M6.5M4.9M3.6M3.1M
Current Deferred Revenue428.9K372.0K(2.7M)(2.5M)(2.2M)(2.1M)
Net Tangible Assets4.9M4.2M4.0M(2.1M)(1.9M)(1.8M)
Other Assets6.3M6.3M6.8M6.1M5.4M5.2M
Long Term Debt8.8M9.4M8.6M11.8M9.7M5.8M
Short Long Term Debt207.2K152.3K303.7K463.6K839.5K881.5K
Common Stock30.6M31.2M31.5M31.6M31.8M27.5M
Property Plant Equipment4.1M4.1M3.6M2.8M3.3M1.8M
Other Liab2.8M2.7M2.5M3.0M3.4M2.5M
Good Will6.4M6.4M5.8M8.4M9.7M6.5M
Net Invested Capital40.1M39.6M36.7M38.8M37.6M38.3M
Net Working Capital9.5M9.1M7.6M6.2M4.2M7.0M
Capital Lease Obligations3.5M3.7M3.3M2.9M2.4M2.9M
Deferred Long Term Liab78.5K23.6K21.2K24.8K22.4K28.8K
Capital Stock30.6M31.2M31.5M31.6M31.8M32.6M

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Additional Tools for Quorum Stock Analysis

When running Quorum Information's price analysis, check to measure Quorum Information'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 Quorum Information is operating at the current time. Most of Quorum Information's value examination focuses on studying past and present price action to predict the probability of Quorum Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quorum Information's price. Additionally, you may evaluate how the addition of Quorum Information to your portfolios can decrease your overall portfolio volatility.