Quoin Non Currrent Assets Other vs Total Stockholder Equity 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 Non Currrent Assets Other and its Total 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.

Non Currrent Assets Other vs Total Stockholder Equity

Non Currrent Assets Other vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quoin Pharmaceuticals Non Currrent Assets Other account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Quoin Pharmaceuticals' Non Currrent Assets Other and Total Stockholder Equity is 0.46. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total 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' Non Currrent Assets Other and Total 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 Non Currrent Assets Other of Quoin Pharmaceuticals Ltd are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Quoin Pharmaceuticals' Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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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