Quilter Common Stock vs Cash And Short Term Investments Analysis
QLT Stock | 149.90 3.60 2.46% |
Quilter PLC financial indicator trend analysis is much more than just breaking down Quilter PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quilter PLC is a good investment. Please check the relationship between Quilter PLC Common Stock and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quilter PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Common Stock vs Cash And Short Term Investments
Common Stock vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quilter PLC Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Quilter PLC's Common Stock and Cash And Short Term Investments is -0.23. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Quilter PLC, assuming nothing else is changed. The correlation between historical values of Quilter PLC's Common Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Quilter PLC are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Quilter PLC's Common Stock and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Quilter PLC balance sheet. This account contains Quilter PLC investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Quilter PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Quilter PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quilter PLC 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 Quilter PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Quilter PLC's Tax Provision is projected to decrease significantly based on the last few years of reporting.
Quilter PLC fundamental ratios Correlations
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Quilter PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quilter PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 63.7B | 67.4B | 50.7B | 46.4B | 53.3B | 38.2B | |
Total Stockholder Equity | 2.1B | 1.9B | 1.7B | 1.5B | 1.5B | 1.4B | |
Accounts Payable | 35M | 40M | 33M | 32M | 46M | 43.7M | |
Total Liab | 61.7B | 65.5B | 49.0B | 44.9B | 51.8B | 36.3B | |
Other Liab | 6.4B | 7.5B | 7.1B | 5.9B | 6.8B | 8.2B | |
Retained Earnings | 1.8B | 1.6B | 1.5B | 989M | 958M | 849.9M | |
Cash | 2.5B | 1.9B | 2.1B | 1.8B | 1.5B | 1.5B | |
Short Long Term Debt Total | 335M | 319M | 299M | 290M | 279M | 270.9M | |
Other Current Liab | 52.7B | 57.5B | 41.8B | 38.8B | 521M | 495.0M | |
Total Current Liabilities | 53.0B | 57.9B | 41.8B | 38.9B | 575M | 546.3M | |
Net Debt | (2.1B) | (1.6B) | (1.8B) | (1.5B) | (1.3B) | (1.3B) | |
Non Current Assets Total | 736M | 699M | 590M | 526M | 667M | 633.7M | |
Non Currrent Assets Other | (59.8B) | (63.8B) | (48.0B) | (44.1B) | 113M | 118.7M | |
Cash And Short Term Investments | 2.5B | 1.9B | 2.1B | 1.8B | 1.5B | 1.7B | |
Common Stock Shares Outstanding | 1.6B | 1.5B | 1.4B | 1.5B | 1.4B | 1.2B | |
Liabilities And Stockholders Equity | 63.7B | 67.4B | 50.7B | 46.4B | 53.3B | 54.6B | |
Other Current Assets | 58.1B | 64.3B | 48.2B | 44.2B | 51.1B | 33.1B | |
Total Current Assets | 60.3B | 66.2B | 50.0B | 45.8B | 52.7B | 29.3B | |
Accumulated Other Comprehensive Income | 46M | 51M | 58M | 386M | 388M | 324.9M | |
Short Term Debt | 20M | (171M) | 10M | 9M | 6M | 5.7M | |
Net Tangible Assets | 1.5B | 1.3B | 1.3B | 1.1B | 1.3B | 1.2B | |
Net Receivables | 338M | 617M | 285M | 61M | 67M | 63.7M | |
Property Plant And Equipment Net | 143M | 142M | 131M | 112M | 91M | 84.5M | |
Current Deferred Revenue | 191M | 379M | (10M) | (9M) | (43.5B) | (41.3B) | |
Other Assets | 2.7B | 515M | 119M | 127M | 114.3M | 108.6M | |
Good Will | 306M | 314M | 350M | 356M | 275.4M | 264.7M | |
Short Term Investments | 15M | 63.3B | 47.6B | 43.6B | 50.3B | 52.8B | |
Non Current Liabilities Total | 60.8B | 64.8B | 48.5B | 44.4B | 51.3B | 45.6B | |
Inventory | 3.1B | 3.2B | 2.8B | 2.4B | (58M) | (55.1M) | |
Deferred Long Term Liab | 562M | 455M | 413M | 9M | 10M | 8.6M | |
Property Plant And Equipment Gross | 143M | 142M | 247M | 206M | 155M | 117.9M | |
Intangible Assets | 592M | 556M | 457M | 413M | 66M | 62.7M | |
Property Plant Equipment | 143M | 142M | 131M | 112M | 128.8M | 82.5M | |
Non Current Liabilities Other | 7.7B | 6.5B | 6.9B | 5.8B | 7.4B | 7.3B | |
Net Invested Capital | 2.3B | 2.1B | 1.7B | 1.7B | 1.7B | 1.6B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Quilter Stock
Balance Sheet is a snapshot of the financial position of Quilter PLC at a specified time, usually calculated after every quarter, six months, or one year. Quilter PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Quilter PLC 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 Quilter currently owns. An asset can also be divided into two categories, current and non-current.