Quoin Net Invested Capital vs Short Long Term Debt 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 Invested Capital 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 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 Invested Capital vs Short Long Term Debt

Net Invested Capital vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quoin Pharmaceuticals Net Invested Capital account and Short Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Quoin Pharmaceuticals' Net Invested Capital and Short Long Term Debt is -0.66. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Long Term Debt 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 Invested Capital 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 Net Invested Capital of Quoin Pharmaceuticals Ltd 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 Net Invested Capital i.e., Quoin Pharmaceuticals' Net Invested Capital and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Long Term Debt

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