QMC Selling General Administrative vs Operating Income Analysis

QMC Stock  CAD 0.05  0.01  9.09%   
QMC Quantum financial indicator trend analysis is much more than just breaking down QMC Quantum Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QMC Quantum Minerals is a good investment. Please check the relationship between QMC Quantum Selling General Administrative and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QMC Quantum Minerals. 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 vs Operating Income

Selling General Administrative vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QMC Quantum Minerals Selling General Administrative account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between QMC Quantum's Selling General Administrative and Operating Income is -0.86. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Operating Income in the same time period over historical financial statements of QMC Quantum Minerals, assuming nothing else is changed. The correlation between historical values of QMC Quantum's Selling General Administrative and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of QMC Quantum Minerals are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling General Administrative i.e., QMC Quantum's Selling General Administrative and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Selling General Administrative

Operating Income

Operating Income is the amount of profit realized from QMC Quantum Minerals operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of QMC Quantum Minerals is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from QMC Quantum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QMC Quantum Minerals 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 QMC Quantum Minerals. 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 drop to about 279 K in 2024. Issuance Of Capital Stock is likely to drop to about 299.2 K in 2024
 2021 2022 2023 2024 (projected)
Interest Expense431.0180.0162.0153.9
Depreciation And Amortization12.3K9.4K10.8K10.6K

QMC Quantum fundamental ratios Correlations

0.860.940.98-0.12-0.870.350.980.35-0.080.85-0.610.680.860.40.540.630.87-0.270.390.53-0.810.820.530.90.86
0.860.650.90.17-0.750.080.890.07-0.220.75-0.590.431.00.130.50.590.81-0.030.390.52-0.590.50.520.790.74
0.940.650.89-0.3-0.820.480.890.480.030.79-0.530.750.650.520.490.560.78-0.390.340.47-0.830.920.470.840.81
0.980.90.890.07-0.850.161.00.15-0.090.84-0.60.70.90.210.60.60.87-0.310.350.57-0.740.760.570.880.88
-0.120.17-0.30.070.09-0.930.07-0.94-0.06-0.050.020.060.17-0.880.34-0.03-0.05-0.040.090.270.26-0.340.27-0.110.1
-0.87-0.75-0.82-0.850.09-0.35-0.84-0.350.33-0.960.35-0.42-0.75-0.37-0.59-0.8-0.850.28-0.45-0.640.9-0.82-0.65-0.96-0.88
0.350.080.480.16-0.93-0.350.161.0-0.050.31-0.110.040.080.98-0.150.30.260.030.2-0.05-0.510.53-0.050.360.14
0.980.890.891.00.07-0.840.160.15-0.090.83-0.60.710.890.210.590.60.85-0.310.350.57-0.740.760.570.880.88
0.350.070.480.15-0.94-0.351.00.15-0.050.3-0.10.040.070.98-0.150.30.260.030.19-0.06-0.510.52-0.060.350.13
-0.08-0.220.03-0.09-0.060.33-0.05-0.09-0.05-0.29-0.170.34-0.220.03-0.29-0.44-0.19-0.11-0.35-0.490.25-0.1-0.5-0.3-0.21
0.850.750.790.84-0.05-0.960.310.830.3-0.29-0.370.460.750.340.550.860.77-0.280.410.57-0.860.790.590.920.86
-0.61-0.59-0.53-0.60.020.35-0.11-0.6-0.1-0.17-0.37-0.53-0.59-0.2-0.35-0.05-0.53-0.04-0.21-0.280.21-0.16-0.28-0.26-0.18
0.680.430.750.70.06-0.420.040.710.040.340.46-0.530.430.090.310.150.46-0.560.040.15-0.370.610.160.450.59
0.861.00.650.90.17-0.750.080.890.07-0.220.75-0.590.430.130.50.590.81-0.030.390.52-0.590.50.520.790.74
0.40.130.520.21-0.88-0.370.980.210.980.030.34-0.20.090.13-0.040.320.320.080.340.02-0.560.530.020.370.15
0.540.50.490.60.34-0.59-0.150.59-0.15-0.290.55-0.350.310.5-0.040.380.74-0.190.720.96-0.560.440.960.530.55
0.630.590.560.6-0.03-0.80.30.60.3-0.440.86-0.050.150.590.320.380.490.00.470.47-0.840.660.490.80.74
0.870.810.780.87-0.05-0.850.260.850.26-0.190.77-0.530.460.810.320.740.49-0.170.520.72-0.750.70.720.840.75
-0.27-0.03-0.39-0.31-0.040.280.03-0.310.03-0.11-0.28-0.04-0.56-0.030.08-0.190.0-0.170.2-0.150.12-0.46-0.15-0.29-0.43
0.390.390.340.350.09-0.450.20.350.19-0.350.41-0.210.040.390.340.720.470.520.20.74-0.580.320.740.390.32
0.530.520.470.570.27-0.64-0.050.57-0.06-0.490.57-0.280.150.520.020.960.470.72-0.150.74-0.60.441.00.590.56
-0.81-0.59-0.83-0.740.260.9-0.51-0.74-0.510.25-0.860.21-0.37-0.59-0.56-0.56-0.84-0.750.12-0.58-0.6-0.89-0.61-0.9-0.82
0.820.50.920.76-0.34-0.820.530.760.52-0.10.79-0.160.610.50.530.440.660.7-0.460.320.44-0.890.440.880.87
0.530.520.470.570.27-0.65-0.050.57-0.06-0.50.59-0.280.160.520.020.960.490.72-0.150.741.0-0.610.440.590.56
0.90.790.840.88-0.11-0.960.360.880.35-0.30.92-0.260.450.790.370.530.80.84-0.290.390.59-0.90.880.590.95
0.860.740.810.880.1-0.880.140.880.13-0.210.86-0.180.590.740.150.550.740.75-0.430.320.56-0.820.870.560.95
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QMC Quantum Account Relationship Matchups

QMC Quantum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0M5.6M5.7M6.2M7.1M4.4M
Total Current Liabilities2.4M2.1M2.4M2.9M3.3M1.9M
Total Stockholder Equity2.7M3.5M3.3M3.3M3.8M2.5M
Property Plant And Equipment Net4.8M5.0M5.3M5.8M6.6M4.0M
Net Debt352.1K(338.3K)(82.8K)(70.5K)(81.0K)(85.1K)
Retained Earnings(10.3M)(13.2M)(13.6M)(13.9M)(12.5M)(11.9M)
Cash10.4K481.6K256.1K261.6K300.8K271.2K
Non Current Assets Total4.8M5.0M5.3M5.8M6.6M4.0M
Cash And Short Term Investments10.9K482.0K256.4K261.8K301.1K274.0K
Net Receivables1.8K5.3K64.1K15.4K13.9K13.2K
Common Stock Shares Outstanding68.4M80.0M87.0M90.5M104.1M109.3M
Short Term Investments300.0475.0350.0200.0180.0171.0
Liabilities And Stockholders Equity5.0M5.6M5.7M6.2M7.1M4.4M
Other Stockholder Equity3.2M3.5M3.8M3.6M4.2M3.3M
Total Liab2.4M2.1M2.4M2.9M3.3M1.9M
Total Current Assets283.7K568.5K389.2K371.4K427.1K417.4K
Accumulated Other Comprehensive Income(4.7K)(4.5K)(4.7K)(4.8K)(4.3K)(4.5K)
Other Current Liab2.0M2.0M2.3M2.7M3.1M3.2M
Other Current Assets271.0K81.3K68.7K94.2K108.3K102.3K
Accounts Payable834.1K879.3K767.4K797.5K717.8K906.5K
Net Tangible Assets3.1M2.7M3.5M3.3M3.8M2.7M
Property Plant Equipment4.6M4.8M5.0M5.3M6.1M4.3M
Net Invested Capital3.1M3.6M3.4M3.5M4.0M3.4M
Net Working Capital(2.1M)(1.6M)(2.1M)(2.5M)(2.2M)(2.4M)

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