QMMM Short Term Debt vs Net Receivables Analysis
QMMM Stock | 1.11 0.15 11.90% |
QMMM Holdings financial indicator trend analysis is much more than just breaking down QMMM Holdings Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QMMM Holdings Limited is a good investment. Please check the relationship between QMMM Holdings Short Term Debt and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QMMM Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Short Term Debt vs Net Receivables
Short Term Debt vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QMMM Holdings Limited Short Term Debt account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between QMMM Holdings' Short Term Debt and Net Receivables is 0.93. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of QMMM Holdings Limited, assuming nothing else is changed. The correlation between historical values of QMMM Holdings' Short Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of QMMM Holdings Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Debt i.e., QMMM Holdings' Short Term Debt and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Term Debt
Net Receivables
Most indicators from QMMM Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QMMM Holdings Limited 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 QMMM Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, QMMM Holdings' Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.65, while Tax Provision is likely to drop 3,051.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 205.3K | 204.6K | 235.3K | 220.8K | Interest Income | 10.0 | 1.9K | 2.1K | 2.2K |
QMMM Holdings fundamental ratios Correlations
Click cells to compare fundamentals
QMMM Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Advertising 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 QMMM Holdings. If investors know QMMM 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 QMMM Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of QMMM Holdings Limited is measured differently than its book value, which is the value of QMMM that is recorded on the company's balance sheet. Investors also form their own opinion of QMMM Holdings' value that differs from its market value or its book value, called intrinsic value, which is QMMM Holdings' 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 QMMM Holdings' market value can be influenced by many factors that don't directly affect QMMM Holdings' 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 QMMM Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if QMMM Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QMMM Holdings' 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.