Quoin Cash vs Other Stockholder Equity Analysis

QNRX Stock  USD 0.60  0.01  1.69%   
Quoin Pharmaceuticals financial indicator trend analysis is much more than just breaking down Quoin Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quoin Pharmaceuticals is a good investment. Please check the relationship between Quoin Pharmaceuticals Cash and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quoin Pharmaceuticals Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Cash vs Other Stockholder Equity

Cash vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quoin Pharmaceuticals Cash account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Quoin Pharmaceuticals' Cash and Other Stockholder Equity is 0.32. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Quoin Pharmaceuticals Ltd, assuming nothing else is changed. The correlation between historical values of Quoin Pharmaceuticals' Cash and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Quoin Pharmaceuticals Ltd are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., Quoin Pharmaceuticals' Cash and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of Quoin Pharmaceuticals, which is listed under current asset account on Quoin Pharmaceuticals Ltd balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Quoin Pharmaceuticals customers. The amounts must be unrestricted with restricted cash listed in a different Quoin Pharmaceuticals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Stockholder Equity

Most indicators from Quoin Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quoin Pharmaceuticals 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 Quoin Pharmaceuticals Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative is likely to drop to about 4 M in 2024. Sales General And Administrative To Revenue is likely to drop to -26.89 in 2024
 2023 2024 (projected)
Reconciled Depreciation119.6K96.1K
Cost Of Revenue103.4K102.9K

Quoin Pharmaceuticals fundamental ratios Correlations

0.920.23-0.10.720.680.810.590.220.340.56-0.090.08-0.280.050.31-0.23-0.020.330.01-0.090.01-0.06-0.22-0.090.06
0.92-0.12-0.270.510.40.90.330.470.180.3-0.260.25-0.58-0.10.57-0.27-0.240.460.08-0.260.08-0.3-0.52-0.260.27
0.23-0.120.350.320.76-0.220.68-0.780.690.70.35-0.350.730.6-0.51-0.120.68-0.17-0.30.35-0.30.760.840.35-0.75
-0.1-0.270.350.30.09-0.240.14-0.330.170.181.0-1.00.630.13-0.690.080.70.050.11.00.10.610.51.0-0.2
0.720.510.320.30.690.390.69-0.050.320.680.31-0.310.030.03-0.04-0.110.20.230.010.310.010.130.00.310.01
0.680.40.760.090.690.250.78-0.520.620.780.1-0.10.360.39-0.17-0.150.35-0.02-0.270.1-0.270.380.440.1-0.42
0.810.9-0.22-0.240.390.250.010.63-0.17-0.02-0.230.23-0.53-0.440.340.12-0.470.10.31-0.230.31-0.52-0.59-0.230.53
0.590.330.680.140.690.780.01-0.450.821.00.15-0.150.190.660.1-0.540.590.44-0.320.15-0.320.590.390.15-0.6
0.220.47-0.78-0.33-0.05-0.520.63-0.45-0.66-0.49-0.330.32-0.76-0.650.480.19-0.670.140.45-0.330.45-0.75-0.85-0.330.77
0.340.180.690.170.320.62-0.170.82-0.660.840.17-0.170.230.820.12-0.680.710.51-0.430.18-0.430.740.480.17-0.77
0.560.30.70.180.680.78-0.021.0-0.490.840.19-0.190.230.690.07-0.540.630.43-0.330.19-0.330.630.430.19-0.63
-0.09-0.260.351.00.310.1-0.230.15-0.330.170.19-1.00.630.13-0.680.080.70.060.11.00.10.60.51.0-0.2
0.080.25-0.35-1.0-0.31-0.10.23-0.150.32-0.17-0.19-1.0-0.62-0.130.68-0.07-0.7-0.06-0.1-1.0-0.1-0.6-0.49-1.00.2
-0.28-0.580.730.630.030.36-0.530.19-0.760.230.230.63-0.620.4-0.860.140.67-0.42-0.310.63-0.310.720.940.63-0.6
0.05-0.10.60.130.030.39-0.440.66-0.650.820.690.13-0.130.40.08-0.790.780.47-0.740.13-0.740.840.660.13-0.96
0.310.57-0.51-0.69-0.04-0.170.340.10.480.120.07-0.680.68-0.860.08-0.58-0.370.67-0.14-0.68-0.14-0.39-0.68-0.680.16
-0.23-0.27-0.120.08-0.11-0.150.12-0.540.19-0.68-0.540.08-0.070.14-0.79-0.58-0.48-0.850.70.070.7-0.48-0.10.080.62
-0.02-0.240.680.70.20.35-0.470.59-0.670.710.630.7-0.70.670.78-0.37-0.480.35-0.380.7-0.380.980.790.7-0.8
0.330.46-0.170.050.23-0.020.10.440.140.510.430.06-0.06-0.420.470.67-0.850.35-0.260.06-0.260.26-0.230.06-0.22
0.010.08-0.30.10.01-0.270.31-0.320.45-0.43-0.330.1-0.1-0.31-0.74-0.140.7-0.38-0.260.11.0-0.48-0.430.10.73
-0.09-0.260.351.00.310.1-0.230.15-0.330.180.191.0-1.00.630.13-0.680.070.70.060.10.10.60.51.0-0.2
0.010.08-0.30.10.01-0.270.31-0.320.45-0.43-0.330.1-0.1-0.31-0.74-0.140.7-0.38-0.261.00.1-0.48-0.430.10.73
-0.06-0.30.760.610.130.38-0.520.59-0.750.740.630.6-0.60.720.84-0.39-0.480.980.26-0.480.6-0.480.860.6-0.89
-0.22-0.520.840.50.00.44-0.590.39-0.850.480.430.5-0.490.940.66-0.68-0.10.79-0.23-0.430.5-0.430.860.5-0.82
-0.09-0.260.351.00.310.1-0.230.15-0.330.170.191.0-1.00.630.13-0.680.080.70.060.11.00.10.60.5-0.2
0.060.27-0.75-0.20.01-0.420.53-0.60.77-0.77-0.63-0.20.2-0.6-0.960.160.62-0.8-0.220.73-0.20.73-0.89-0.82-0.2
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Quoin Pharmaceuticals Account Relationship Matchups

Quoin Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2M1.4M9.4M14.5M12.2M11.7M
Total Stockholder Equity4.3M(6.6M)657.0K7.4M5.7M6.6M
Property Plant And Equipment Net1.4M1.3M672.6K1.9M2.2M1.3M
Net Debt(4.9M)889.5K736.4M(2.9M)(2.4M)(2.3M)
Cash5.2M323.8K7.5M2.9M2.4M4.0M
Non Current Assets Total794.7K912.6K858.6K1.1M883.3K1.0M
Other Assets15.3M1.050K383.4K345.1K327.8K
Cash And Short Term Investments5.2M323.8K7.5M12.9M10.7M8.0M
Common Stock Shares Outstanding3.5K20.0K26.4K403.9K900.9K855.9K
Liabilities And Stockholders Equity6.2M1.4M9.4M14.5M12.2M11.7M
Other Stockholder Equity28.7M100.028.7M44.9M51.9M28.7M
Total Current Assets5.4M465.2K8.5M13.4M11.3M8.3M

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Additional Tools for Quoin Stock Analysis

When running Quoin Pharmaceuticals' price analysis, check to measure Quoin Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quoin Pharmaceuticals is operating at the current time. Most of Quoin Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Quoin Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quoin Pharmaceuticals' price. Additionally, you may evaluate how the addition of Quoin Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.