Quantum Historical Balance Sheet

QMCO Stock  USD 21.77  12.64  138.44%   
Trend analysis of Quantum balance sheet accounts such as Net Debt of 78.1 M, Cash of 24.4 M, Non Current Assets Total of 53 M or Non Currrent Assets Other of 27 M provides information on Quantum's total assets, liabilities, and equity, which is the actual value of Quantum to its prevalent stockholders. By breaking down trends over time using Quantum balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Quantum latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Quantum is a good buy for the upcoming year.

Quantum Inventory

26.16 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Quantum Stock, please use our How to Invest in Quantum guide.

About Quantum Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Quantum at a specified time, usually calculated after every quarter, six months, or one year. Quantum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Quantum 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 Quantum currently owns. An asset can also be divided into two categories, current and non-current.

Quantum Balance Sheet Chart

At this time, Quantum's Non Current Liabilities Other is very stable compared to the past year.

Total Assets

Total assets refers to the total amount of Quantum assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Quantum books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Quantum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Quantum 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most accounts from Quantum's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Quantum current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Quantum Stock, please use our How to Invest in Quantum guide.At this time, Quantum's Non Current Liabilities Other is very stable compared to the past year.
 2021 2022 2023 2024 (projected)
Other Current Liabilities30.0M114.3M33.9M32.2M
Total Assets201.6M213.7M187.6M178.2M

Quantum balance sheet Correlations

0.430.510.160.160.360.110.660.87-0.150.660.69-0.180.610.870.38-0.010.68-0.320.970.460.340.340.480.850.2
0.430.28-0.060.270.23-0.290.130.430.150.130.40.450.340.380.00.420.36-0.230.380.090.0-0.270.430.33-0.15
0.510.28-0.46-0.190.61-0.54-0.040.390.31-0.040.79-0.570.20.430.050.470.770.160.51-0.24-0.16-0.230.780.360.36
0.16-0.06-0.460.29-0.820.820.650.24-0.310.65-0.420.26-0.42-0.060.41-0.64-0.58-0.010.10.450.450.46-0.750.240.25
0.160.27-0.190.29-0.05-0.110.120.560.210.12-0.370.260.050.150.190.22-0.050.23-0.060.63-0.30.1-0.090.110.03
0.360.230.61-0.82-0.05-0.65-0.330.280.12-0.330.69-0.310.730.56-0.10.560.85-0.190.370.01-0.25-0.20.880.16-0.19
0.11-0.29-0.540.82-0.11-0.650.590.0-0.630.59-0.290.17-0.20.010.38-0.88-0.53-0.320.160.370.720.62-0.750.190.06
0.660.13-0.040.650.12-0.330.590.57-0.241.00.09-0.060.170.320.23-0.470.07-0.150.640.30.40.65-0.20.720.44
0.870.430.390.240.560.280.00.570.130.570.37-0.150.450.70.470.090.55-0.010.720.640.060.360.350.650.32
-0.150.150.31-0.310.210.12-0.63-0.240.13-0.24-0.11-0.35-0.2-0.29-0.030.390.250.8-0.28-0.24-0.6-0.140.27-0.20.41
0.660.13-0.040.650.12-0.330.591.00.57-0.240.09-0.060.170.320.23-0.470.07-0.150.640.30.40.65-0.20.720.44
0.690.40.79-0.42-0.370.69-0.290.090.37-0.110.09-0.290.580.710.020.290.82-0.370.78-0.080.17-0.160.810.54-0.03
-0.180.45-0.570.260.26-0.310.17-0.06-0.15-0.35-0.06-0.290.04-0.050.010.08-0.44-0.54-0.180.140.2-0.31-0.26-0.2-0.58
0.610.340.2-0.420.050.73-0.20.170.45-0.20.170.580.040.750.00.250.72-0.590.640.320.140.090.660.47-0.37
0.870.380.43-0.060.150.560.010.320.7-0.290.320.71-0.050.750.370.110.69-0.520.870.550.420.120.580.71-0.2
0.380.00.050.410.19-0.10.380.230.47-0.030.230.020.010.00.37-0.30.01-0.080.290.580.570.3-0.140.150.07
-0.010.420.47-0.640.220.56-0.88-0.470.090.39-0.470.290.080.250.11-0.30.40.05-0.06-0.23-0.58-0.790.7-0.11-0.19
0.680.360.77-0.58-0.050.85-0.530.070.550.250.070.82-0.440.720.690.010.4-0.080.670.04-0.130.030.910.510.09
-0.32-0.230.16-0.010.23-0.19-0.32-0.15-0.010.8-0.15-0.37-0.54-0.59-0.52-0.080.05-0.08-0.45-0.21-0.610.11-0.14-0.220.62
0.970.380.510.1-0.060.370.160.640.72-0.280.640.78-0.180.640.870.29-0.060.67-0.450.330.450.290.50.860.11
0.460.09-0.240.450.630.010.370.30.64-0.240.3-0.080.140.320.550.58-0.230.04-0.210.330.320.39-0.140.3-0.21
0.340.0-0.160.45-0.3-0.250.720.40.06-0.60.40.170.20.140.420.57-0.58-0.13-0.610.450.320.28-0.250.29-0.25
0.34-0.27-0.230.460.1-0.20.620.650.36-0.140.65-0.16-0.310.090.120.3-0.790.030.110.290.390.28-0.380.370.44
0.480.430.78-0.75-0.090.88-0.75-0.20.350.27-0.20.81-0.260.660.58-0.140.70.91-0.140.5-0.14-0.25-0.380.31-0.11
0.850.330.360.240.110.160.190.720.65-0.20.720.54-0.20.470.710.15-0.110.51-0.220.860.30.290.370.310.21
0.2-0.150.360.250.03-0.190.060.440.320.410.44-0.03-0.58-0.37-0.20.07-0.190.090.620.11-0.21-0.250.44-0.110.21
Click cells to compare fundamentals

Quantum Account Relationship Matchups

Quantum balance sheet Accounts

201920202021202220232024 (projected)
Total Assets166.0M194.9M201.6M213.7M187.6M178.2M
Other Current Liab32.5M35.4M30.0M114.3M33.9M32.2M
Total Current Liabilities158.3M159.1M157.8M152.6M249.9M207.6M
Total Stockholder Equity(198.5M)(112.2M)(126.7M)(86.9M)(121.5M)(115.4M)
Property Plant And Equipment Net21.7M19.4M24.0M26.8M21.5M20.4M
Net Debt158.6M73.3M118.0M73.7M94.3M78.1M
Retained Earnings(703.2M)(738.6M)(770.9M)(808.8M)(827.4M)(786.0M)
Cash6.4M27.4M5.2M26.0M25.7M24.4M
Non Current Assets Total30.2M38.9M56.4M60.6M55.8M53.0M
Non Currrent Assets Other3.4M10.9M9.9M15.8M19.7M27.0M
Cash And Short Term Investments6.4M27.4M5.2M26.0M25.7M24.4M
Net Receivables70.4M73.1M69.4M72.5M67.8M64.4M
Common Stock Shares Outstanding37.6M42.9M58.9M90.3M4.8M4.5M
Liabilities And Stockholders Equity166.0M194.9M201.6M213.7M187.6M178.2M
Non Current Liabilities Total206.3M148.1M170.5M147.9M59.2M56.2M
Inventory49.7M47.9M57.8M44.7M27.5M26.2M
Other Current Assets8.5M7.6M12.8M9.9M10.8M10.2M
Other Stockholder Equity505.8M626.7M645.0M702.4M707.1M366.6M
Total Liab364.5M307.2M328.3M300.5M309.1M386.1M
Total Current Assets135.8M156.1M145.2M153.1M131.8M125.2M
Accumulated Other Comprehensive Income(1.5M)(856K)(1.4M)(1.6M)(2.2M)(2.1M)
Accounts Payable36.9M35.2M34.2M35.7M26.1M24.8M
Short Long Term Debt Total165.0M100.7M123.2M99.6M120.0M199.7M
Current Deferred Revenue81.5M84.0M86.5M82.5M78.5M68.5M
Common Stock Total Equity399K570K605K936K842.4K800.3K
Short Term Debt7.3M4.4M6.1M6.4M110.4M115.9M
Common Stock399K570K605K936K959K911.1K
Net Tangible Assets(198.5M)(120.7M)(149.2M)(104.8M)(94.3M)(99.0M)
Long Term Debt146.8M90.9M17.7M16.8M15.1M14.3M
Retained Earnings Total Equity(703.2M)(738.6M)(770.9M)(808.8M)(728.0M)(764.4M)
Long Term Debt Total146.8M90.9M17.7M16.8M15.1M14.3M
Capital Surpluse505.8M626.7M645.0M722.6M831.0M585.1M
Non Current Liabilities Other10.8M44.1M9.9M10.2M11.4M15.3M
Property Plant Equipment9.0M10.1M12.9M16.6M14.9M9.8M
Other Assets8.4M10.9M9.9M15.8M1.00.95

Pair Trading with Quantum

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Quantum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Quantum will appreciate offsetting losses from the drop in the long position's value.

Moving against Quantum Stock

  0.41NTIP Network 1 TechnologiesPairCorr
The ability to find closely correlated positions to Quantum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quantum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Quantum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Quantum to buy it.
The correlation of Quantum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quantum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quantum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Quantum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Quantum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quantum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quantum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quantum Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Quantum Stock, please use our How to Invest in Quantum guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quantum. If investors know Quantum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quantum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(13.13)
Revenue Per Share
60.743
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.12)
The market value of Quantum is measured differently than its book value, which is the value of Quantum that is recorded on the company's balance sheet. Investors also form their own opinion of Quantum's value that differs from its market value or its book value, called intrinsic value, which is Quantum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quantum's market value can be influenced by many factors that don't directly affect Quantum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quantum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.