Quoin Net Debt vs Other Assets Analysis

QNRX Stock

USD 0.62 0.01 1.59%

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 Net Debt and its Other Assets 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.

Net Debt vs Other Assets

Net Debt vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quoin Pharmaceuticals Net Debt account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Quoin Pharmaceuticals' Net Debt and Other Assets is -0.24. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Assets 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' Net Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Quoin Pharmaceuticals Ltd are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Debt i.e., Quoin Pharmaceuticals' Net Debt and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Assets

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 Depreciation	119.6K	96.1K
Cost Of Revenue	103.4K	102.9K

Reconciled Depreciation Cost Of Revenue

Quoin Pharmaceuticals fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Current Deferred Revenue	Retained Earnings	Accounts Payable	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Short Term Debt	Intangible Assets
Total Assets		0.92	0.23	-0.1	0.72	0.68	0.81	0.59	0.22	0.34	0.56	-0.09	0.08	-0.28	0.05	0.31	-0.23	-0.02	0.33	0.01	-0.09	0.01	-0.06	-0.22	-0.09	0.06
Total Stockholder Equity	0.92		-0.12	-0.27	0.51	0.4	0.9	0.33	0.47	0.18	0.3	-0.26	0.25	-0.58	-0.1	0.57	-0.27	-0.24	0.46	0.08	-0.26	0.08	-0.3	-0.52	-0.26	0.27
Property Plant And Equipment Net	0.23	-0.12		0.35	0.32	0.76	-0.22	0.68	-0.78	0.69	0.7	0.35	-0.35	0.73	0.6	-0.51	-0.12	0.68	-0.17	-0.3	0.35	-0.3	0.76	0.84	0.35	-0.75
Net Debt	-0.1	-0.27	0.35		0.3	0.09	-0.24	0.14	-0.33	0.17	0.18	1.0	-1.0	0.63	0.13	-0.69	0.08	0.7	0.05	0.1	1.0	0.1	0.61	0.5	1.0	-0.2
Cash	0.72	0.51	0.32	0.3		0.69	0.39	0.69	-0.05	0.32	0.68	0.31	-0.31	0.03	0.03	-0.04	-0.11	0.2	0.23	0.01	0.31	0.01	0.13	0.0	0.31	0.01
Non Current Assets Total	0.68	0.4	0.76	0.09	0.69		0.25	0.78	-0.52	0.62	0.78	0.1	-0.1	0.36	0.39	-0.17	-0.15	0.35	-0.02	-0.27	0.1	-0.27	0.38	0.44	0.1	-0.42
Other Assets	0.81	0.9	-0.22	-0.24	0.39	0.25		0.01	0.63	-0.17	-0.02	-0.23	0.23	-0.53	-0.44	0.34	0.12	-0.47	0.1	0.31	-0.23	0.31	-0.52	-0.59	-0.23	0.53
Cash And Short Term Investments	0.59	0.33	0.68	0.14	0.69	0.78	0.01		-0.45	0.82	1.0	0.15	-0.15	0.19	0.66	0.1	-0.54	0.59	0.44	-0.32	0.15	-0.32	0.59	0.39	0.15	-0.6
Common Stock Shares Outstanding	0.22	0.47	-0.78	-0.33	-0.05	-0.52	0.63	-0.45		-0.66	-0.49	-0.33	0.32	-0.76	-0.65	0.48	0.19	-0.67	0.14	0.45	-0.33	0.45	-0.75	-0.85	-0.33	0.77
Other Stockholder Equity	0.34	0.18	0.69	0.17	0.32	0.62	-0.17	0.82	-0.66		0.84	0.17	-0.17	0.23	0.82	0.12	-0.68	0.71	0.51	-0.43	0.18	-0.43	0.74	0.48	0.17	-0.77
Total Current Assets	0.56	0.3	0.7	0.18	0.68	0.78	-0.02	1.0	-0.49	0.84		0.19	-0.19	0.23	0.69	0.07	-0.54	0.63	0.43	-0.33	0.19	-0.33	0.63	0.43	0.19	-0.63
Short Long Term Debt Total	-0.09	-0.26	0.35	1.0	0.31	0.1	-0.23	0.15	-0.33	0.17	0.19		-1.0	0.63	0.13	-0.68	0.08	0.7	0.06	0.1	1.0	0.1	0.6	0.5	1.0	-0.2
Other Current Liab	0.08	0.25	-0.35	-1.0	-0.31	-0.1	0.23	-0.15	0.32	-0.17	-0.19	-1.0		-0.62	-0.13	0.68	-0.07	-0.7	-0.06	-0.1	-1.0	-0.1	-0.6	-0.49	-1.0	0.2
Total Current Liabilities	-0.28	-0.58	0.73	0.63	0.03	0.36	-0.53	0.19	-0.76	0.23	0.23	0.63	-0.62		0.4	-0.86	0.14	0.67	-0.42	-0.31	0.63	-0.31	0.72	0.94	0.63	-0.6
Net Tangible Assets	0.05	-0.1	0.6	0.13	0.03	0.39	-0.44	0.66	-0.65	0.82	0.69	0.13	-0.13	0.4		0.08	-0.79	0.78	0.47	-0.74	0.13	-0.74	0.84	0.66	0.13	-0.96
Current Deferred Revenue	0.31	0.57	-0.51	-0.69	-0.04	-0.17	0.34	0.1	0.48	0.12	0.07	-0.68	0.68	-0.86	0.08		-0.58	-0.37	0.67	-0.14	-0.68	-0.14	-0.39	-0.68	-0.68	0.16
Retained Earnings	-0.23	-0.27	-0.12	0.08	-0.11	-0.15	0.12	-0.54	0.19	-0.68	-0.54	0.08	-0.07	0.14	-0.79	-0.58		-0.48	-0.85	0.7	0.07	0.7	-0.48	-0.1	0.08	0.62
Accounts Payable	-0.02	-0.24	0.68	0.7	0.2	0.35	-0.47	0.59	-0.67	0.71	0.63	0.7	-0.7	0.67	0.78	-0.37	-0.48		0.35	-0.38	0.7	-0.38	0.98	0.79	0.7	-0.8
Non Currrent Assets Other	0.33	0.46	-0.17	0.05	0.23	-0.02	0.1	0.44	0.14	0.51	0.43	0.06	-0.06	-0.42	0.47	0.67	-0.85	0.35		-0.26	0.06	-0.26	0.26	-0.23	0.06	-0.22
Net Receivables	0.01	0.08	-0.3	0.1	0.01	-0.27	0.31	-0.32	0.45	-0.43	-0.33	0.1	-0.1	-0.31	-0.74	-0.14	0.7	-0.38	-0.26		0.1	1.0	-0.48	-0.43	0.1	0.73
Non Current Liabilities Total	-0.09	-0.26	0.35	1.0	0.31	0.1	-0.23	0.15	-0.33	0.18	0.19	1.0	-1.0	0.63	0.13	-0.68	0.07	0.7	0.06	0.1		0.1	0.6	0.5	1.0	-0.2
Inventory	0.01	0.08	-0.3	0.1	0.01	-0.27	0.31	-0.32	0.45	-0.43	-0.33	0.1	-0.1	-0.31	-0.74	-0.14	0.7	-0.38	-0.26	1.0	0.1		-0.48	-0.43	0.1	0.73
Other Current Assets	-0.06	-0.3	0.76	0.61	0.13	0.38	-0.52	0.59	-0.75	0.74	0.63	0.6	-0.6	0.72	0.84	-0.39	-0.48	0.98	0.26	-0.48	0.6	-0.48		0.86	0.6	-0.89
Total Liab	-0.22	-0.52	0.84	0.5	0.0	0.44	-0.59	0.39	-0.85	0.48	0.43	0.5	-0.49	0.94	0.66	-0.68	-0.1	0.79	-0.23	-0.43	0.5	-0.43	0.86		0.5	-0.82
Short Term Debt	-0.09	-0.26	0.35	1.0	0.31	0.1	-0.23	0.15	-0.33	0.17	0.19	1.0	-1.0	0.63	0.13	-0.68	0.08	0.7	0.06	0.1	1.0	0.1	0.6	0.5		-0.2
Intangible Assets	0.06	0.27	-0.75	-0.2	0.01	-0.42	0.53	-0.6	0.77	-0.77	-0.63	-0.2	0.2	-0.6	-0.96	0.16	0.62	-0.8	-0.22	0.73	-0.2	0.73	-0.89	-0.82	-0.2

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Quoin Pharmaceuticals Account Relationship Matchups

Quoin Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.2M	1.4M	9.4M	14.5M	12.2M	11.7M
Total Stockholder Equity	4.3M	(6.6M)	657.0K	7.4M	5.7M	6.6M
Property Plant And Equipment Net	1.4M	1.3M	672.6K	1.9M	2.2M	1.3M
Net Debt	(4.9M)	889.5K	736.4M	(2.9M)	(2.4M)	(2.3M)
Cash	5.2M	323.8K	7.5M	2.9M	2.4M	4.0M
Non Current Assets Total	794.7K	912.6K	858.6K	1.1M	883.3K	1.0M
Other Assets	15.3M	1.0	50K	383.4K	345.1K	327.8K
Cash And Short Term Investments	5.2M	323.8K	7.5M	12.9M	10.7M	8.0M
Common Stock Shares Outstanding	3.5K	20.0K	26.4K	403.9K	900.9K	855.9K
Liabilities And Stockholders Equity	6.2M	1.4M	9.4M	14.5M	12.2M	11.7M
Other Stockholder Equity	28.7M	100.0	28.7M	44.9M	51.9M	28.7M
Total Current Assets	5.4M	465.2K	8.5M	13.4M	11.3M	8.3M

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Quoin Net Debt vs Other Assets Analysis

Net Debt vs Other Assets

Net Debt vs Other Assets Correlation Analysis

Correlation Coefficient

Net Debt

Other Assets

Quoin Pharmaceuticals fundamental ratios Correlations

Quoin Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Quoin Pharmaceuticals fundamental ratios Accounts

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Short Long Term Debt Total	+ 1.0	Net Debt
Non Current Liabilities Total	+ 1.0	Net Debt
Short Term Debt	+ 1.0	Net Debt
Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Short Term Debt	+ 1.0	Short Long Term Debt Total

Short Term Debt	- 1.0	Other Current Liab
Non Current Liabilities Total	- 1.0	Other Current Liab
Other Current Liab	- 1.0	Short Long Term Debt Total
Other Current Liab	- 1.0	Net Debt
Intangible Assets	- 0.96	Net Tangible Assets
Intangible Assets	- 0.89	Other Current Assets