Quantum Retained Earnings vs Short Long Term Debt Analysis

QNC Stock

CAD 0.13 0.02 18.18%

Quantum Numbers financial indicator trend analysis is much more than just breaking down Quantum Numbers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quantum Numbers is a good investment. Please check the relationship between Quantum Numbers Retained Earnings and its Short Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum Numbers. 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.

Retained Earnings vs Short Long Term Debt

Retained Earnings vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantum Numbers Retained Earnings account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Quantum Numbers' Retained Earnings and Short Long Term Debt is -0.36. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Quantum Numbers, assuming nothing else is changed. The correlation between historical values of Quantum Numbers' Retained Earnings and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Quantum Numbers are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Retained Earnings i.e., Quantum Numbers' Retained Earnings and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most indicators from Quantum Numbers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quantum Numbers 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 Quantum Numbers. 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, Quantum Numbers' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 14.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Quantum Numbers fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Other Current Liab	Accounts Payable	Net Tangible Assets	Short Long Term Debt	Short Term Debt	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Other Assets	Inventory	Intangible Assets
Total Assets		0.57	0.99	-0.9	-0.54	0.91	0.97	0.5	0.66	-0.09	-0.16	0.56	0.96	-0.13	0.37	0.49	0.54	0.72	-0.01	-0.01	0.6	-0.45	-0.59	0.47	0.07	0.25
Total Current Liabilities	0.57		0.47	-0.4	-0.37	0.42	0.52	0.22	0.47	0.17	-0.44	0.99	0.55	-0.05	0.3	0.7	0.77	0.23	0.07	0.07	0.41	-0.24	-0.41	0.47	0.03	0.26
Total Stockholder Equity	0.99	0.47		-0.91	-0.52	0.93	0.96	0.5	0.64	-0.12	-0.11	0.47	0.95	-0.13	0.35	0.43	0.47	0.73	-0.02	-0.02	0.58	-0.44	-0.58	0.43	0.06	0.22
Net Debt	-0.9	-0.4	-0.91		0.36	-0.99	-0.94	-0.29	-0.47	0.1	-0.05	-0.36	-0.92	0.23	-0.14	-0.28	-0.26	-0.56	0.0	0.0	-0.41	0.46	0.51	-0.25	0.15	-0.06
Retained Earnings	-0.54	-0.37	-0.52	0.36		-0.43	-0.58	-0.79	-0.98	0.22	0.38	-0.41	-0.56	0.56	0.14	-0.86	-0.75	-0.82	-0.36	-0.36	-0.98	0.6	0.78	-0.89	-0.71	-0.06
Cash	0.91	0.42	0.93	-0.99	-0.43		0.95	0.36	0.54	-0.1	0.03	0.38	0.93	-0.25	0.13	0.35	0.32	0.62	0.03	0.03	0.48	-0.46	-0.54	0.31	-0.09	0.06
Cash And Short Term Investments	0.97	0.52	0.96	-0.94	-0.58	0.95		0.49	0.68	-0.08	-0.13	0.51	0.99	-0.29	0.12	0.5	0.5	0.73	0.07	0.07	0.63	-0.49	-0.58	0.46	0.08	0.13
Net Receivables	0.5	0.22	0.5	-0.29	-0.79	0.36	0.49		0.78	-0.08	-0.26	0.24	0.51	-0.06	-0.04	0.62	0.72	0.8	0.15	0.15	0.86	-0.17	-0.42	0.61	0.78	-0.28
Common Stock Shares Outstanding	0.66	0.47	0.64	-0.47	-0.98	0.54	0.68	0.78		-0.13	-0.43	0.5	0.67	-0.52	-0.01	0.86	0.79	0.86	0.3	0.3	0.98	-0.6	-0.81	0.9	0.62	0.16
Other Current Assets	-0.09	0.17	-0.12	0.1	0.22	-0.1	-0.08	-0.08	-0.13		-0.3	0.15	0.04	0.17	-0.05	-0.14	0.17	-0.06	-0.25	-0.25	-0.08	0.31	0.23	-0.12	0.02	-0.11
Other Stockholder Equity	-0.16	-0.44	-0.11	-0.05	0.38	0.03	-0.13	-0.26	-0.43	-0.3		-0.46	-0.18	0.08	-0.08	-0.37	-0.49	-0.11	0.02	0.02	-0.38	0.09	0.27	-0.71	-0.19	-0.27
Total Liab	0.56	0.99	0.47	-0.36	-0.41	0.38	0.51	0.24	0.5	0.15	-0.46		0.53	-0.08	0.31	0.74	0.8	0.26	0.08	0.08	0.45	-0.27	-0.44	0.52	0.08	0.32
Total Current Assets	0.96	0.55	0.95	-0.92	-0.56	0.93	0.99	0.51	0.67	0.04	-0.18	0.53		-0.26	0.12	0.49	0.54	0.74	0.03	0.03	0.63	-0.45	-0.56	0.45	0.11	0.1
Property Plant And Equipment Net	-0.13	-0.05	-0.13	0.23	0.56	-0.25	-0.29	-0.06	-0.52	0.17	0.08	-0.08	-0.26		0.53	-0.5	-0.13	-0.41	-0.43	-0.43	-0.46	0.71	0.64	-0.48	-0.21	-0.25
Non Current Assets Total	0.37	0.3	0.35	-0.14	0.14	0.13	0.12	-0.04	-0.01	-0.05	-0.08	0.31	0.12	0.53		-0.02	0.17	0.02	-0.32	-0.32	-0.08	0.04	-0.14	0.06	-0.23	0.54
Other Current Liab	0.49	0.7	0.43	-0.28	-0.86	0.35	0.5	0.62	0.86	-0.14	-0.37	0.74	0.49	-0.5	-0.02		0.88	0.63	0.34	0.34	0.85	-0.54	-0.74	0.8	0.55	0.19
Accounts Payable	0.54	0.77	0.47	-0.26	-0.75	0.32	0.5	0.72	0.79	0.17	-0.49	0.8	0.54	-0.13	0.17	0.88		0.63	0.14	0.14	0.81	-0.29	-0.55	0.73	0.59	0.08
Net Tangible Assets	0.72	0.23	0.73	-0.56	-0.82	0.62	0.73	0.8	0.86	-0.06	-0.11	0.26	0.74	-0.41	0.02	0.63	0.63		0.24	0.24	0.89	-0.47	-0.67	0.62	0.61	0.08
Short Long Term Debt	-0.01	0.07	-0.02	0.0	-0.36	0.03	0.07	0.15	0.3	-0.25	0.02	0.08	0.03	-0.43	-0.32	0.34	0.14	0.24		1.0	0.3	-0.2	-0.25	0.25	0.25	0.01
Short Term Debt	-0.01	0.07	-0.02	0.0	-0.36	0.03	0.07	0.15	0.3	-0.25	0.02	0.08	0.03	-0.43	-0.32	0.34	0.14	0.24	1.0		0.3	-0.2	-0.25	0.25	0.25	0.01
Common Stock	0.6	0.41	0.58	-0.41	-0.98	0.48	0.63	0.86	0.98	-0.08	-0.38	0.45	0.63	-0.46	-0.08	0.85	0.81	0.89	0.3	0.3		-0.52	-0.75	0.85	0.72	0.02
Property Plant Equipment	-0.45	-0.24	-0.44	0.46	0.6	-0.46	-0.49	-0.17	-0.6	0.31	0.09	-0.27	-0.45	0.71	0.04	-0.54	-0.29	-0.47	-0.2	-0.2	-0.52		0.82	-0.57	-0.2	-0.36
Non Currrent Assets Other	-0.59	-0.41	-0.58	0.51	0.78	-0.54	-0.58	-0.42	-0.81	0.23	0.27	-0.44	-0.56	0.64	-0.14	-0.74	-0.55	-0.67	-0.25	-0.25	-0.75	0.82		-0.79	-0.34	-0.38
Other Assets	0.47	0.47	0.43	-0.25	-0.89	0.31	0.46	0.61	0.9	-0.12	-0.71	0.52	0.45	-0.48	0.06	0.8	0.73	0.62	0.25	0.25	0.85	-0.57	-0.79		0.52	0.31
Inventory	0.07	0.03	0.06	0.15	-0.71	-0.09	0.08	0.78	0.62	0.02	-0.19	0.08	0.11	-0.21	-0.23	0.55	0.59	0.61	0.25	0.25	0.72	-0.2	-0.34	0.52		-0.32
Intangible Assets	0.25	0.26	0.22	-0.06	-0.06	0.06	0.13	-0.28	0.16	-0.11	-0.27	0.32	0.1	-0.25	0.54	0.19	0.08	0.08	0.01	0.01	0.02	-0.36	-0.38	0.31	-0.32

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Quantum Numbers Account Relationship Matchups

Quantum Numbers fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	939.8K	672.7K	3.1M	4.0M	1.6M	1.4M
Total Current Liabilities	46.8K	419.0K	333.8K	377.8K	186.8K	167.8K
Total Stockholder Equity	893.0K	221.8K	2.7M	3.7M	1.4M	1.2M
Net Debt	(287.6K)	11.8K	(968.0K)	(2.6M)	(275.6K)	(289.4K)
Retained Earnings	(6.2M)	(6.4M)	(8.0M)	(10.8M)	(13.2M)	(12.5M)
Cash	287.6K	20.1K	1.0M	2.6M	315.6K	584.9K
Cash And Short Term Investments	287.6K	20.1K	2.0M	3.5M	1.1M	770.3K
Net Receivables	6.7K	7.5K	57.0K	118.9K	159.4K	167.4K
Liabilities And Stockholders Equity	939.8K	672.7K	3.1M	4.0M	1.6M	1.4M
Other Current Assets	3.7K	5.3K	50.2K	35.8K	53.2K	63.1K
Other Stockholder Equity	782.8K	280.4K	506.6K	1.0M	1.2M	1.6M
Total Liab	46.8K	450.9K	389.4K	377.8K	226.8K	176.6K
Total Current Assets	298.0K	32.9K	2.1M	3.7M	1.3M	882.3K
Non Current Assets Total	641.8K	639.8K	957.2K	374.0K	351.7K	444.2K
Other Current Liab	46.8K	419.0K	333.8K	337.8K	388.4K	407.8K
Accounts Payable	60.2K	42.0K	325.6K	333.8K	383.9K	403.1K
Accumulated Other Comprehensive Income	682.8K	801.1K	782.8K	12.5K	14.4K	13.7K
Net Tangible Assets	1.1M	452.1K	(196.8K)	1.8M	2.0M	2.1M
Other Assets	2.3K	175.3K	200.9K	221.2K	254.3K	267.1K
Intangible Assets	640.9K	639.6K	957.2K	374.0K	351.7K	462.2K
Net Invested Capital	893.0K	253.7K	2.8M	3.7M	1.5M	2.0M
Net Working Capital	251.2K	(386.1K)	1.8M	3.3M	1.1M	1.3M

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