Quest Historical Income Statement
QRHC Stock | USD 7.31 0.13 1.81% |
Historical analysis of Quest Resource income statement accounts such as EBIT of 3.3 M, Ebitda of 13.8 M, Total Operating Expenses of 49.6 M or Income Tax Expense of 367.6 K can show how well Quest Resource Holding performed in making a profits. Evaluating Quest Resource income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Quest Resource's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Quest Resource Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Quest Resource Holding is a good buy for the upcoming year.
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About Quest Income Statement Analysis
Quest Resource Holding Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Quest Resource shareholders. The income statement also shows Quest investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Quest Resource Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Quest Resource Holding. It is also known as Quest Resource overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Quest Resource's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Quest Resource Holding current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Quest Resource Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At present, Quest Resource's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 299.8 M, whereas Income Before Tax is projected to grow to (6.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 155.7M | 284.0M | 288.4M | 302.8M | Depreciation And Amortization | 3.0M | 10.4M | 9.9M | 10.4M |
Quest Resource income statement Correlations
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Quest Resource Account Relationship Matchups
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Quest Resource income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 431K | 702K | 2.5M | 7.3M | 9.7M | 10.2M | |
Selling General Administrative | 16.8M | 17.1M | 21.7M | 37.8M | 36.0M | 37.8M | |
Other Operating Expenses | 98.4M | 97.9M | 151.1M | 282.6M | 285.6M | 299.8M | |
Operating Income | 595K | 2.2M | 4.6M | 1.4M | 2.8M | 3.0M | |
Ebit | 1.7M | 2.0M | 4.5M | 1.4M | 3.2M | 3.3M | |
Ebitda | 1.9M | 3.5M | 7.5M | 11.8M | 13.1M | 13.8M | |
Total Operating Expenses | 18.1M | 18.3M | 24.2M | 47.5M | 47.2M | 49.6M | |
Income Before Tax | 164K | 1.3M | 2.0M | (5.9M) | (6.9M) | (6.6M) | |
Total Other Income Expense Net | (431K) | 538.1K | (2.5M) | (7.3M) | (9.7M) | (9.2M) | |
Net Income | (55K) | 1.0M | 1.7M | (6.0M) | (7.3M) | (6.9M) | |
Income Tax Expense | 219K | 254K | 321K | 173K | 386.9K | 367.6K | |
Selling And Marketing Expenses | 20.4K | 51.2K | 41.9K | 39.0K | 40.2K | 38.5K | |
Depreciation And Amortization | 171.9K | 1.5M | 3.0M | 10.4M | 9.9M | 10.4M | |
Total Revenue | 99.0M | 98.7M | 155.7M | 284.0M | 288.4M | 302.8M | |
Gross Profit | 18.7M | 19.1M | 28.8M | 48.9M | 50.1M | 52.6M | |
Cost Of Revenue | 80.3M | 79.6M | 126.9M | 235.2M | 238.3M | 119.3M | |
Net Income From Continuing Ops | (55.2K) | 1.0M | 1.7M | (6.0M) | (8.3M) | (8.7M) | |
Net Income Applicable To Common Shares | (55.2K) | 829.4K | 1.7M | (6.0M) | (7.0M) | (7.3M) | |
Tax Provision | 219.1K | 254.0K | 321.2K | 172.6K | 344.0K | 180.2K | |
Net Interest Income | (431.6K) | (701.9K) | (2.5M) | (7.3M) | (9.6M) | (9.1M) | |
Reconciled Depreciation | 1.4M | 1.3M | 2.8M | 10.0M | 9.9M | 5.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Quest Resource Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quest Resource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quest Resource Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quest Resource Holding Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quest Resource Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quest Resource. If investors know Quest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quest Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.667 | Earnings Share (0.38) | Revenue Per Share 14.016 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0146 |
The market value of Quest Resource Holding is measured differently than its book value, which is the value of Quest that is recorded on the company's balance sheet. Investors also form their own opinion of Quest Resource's value that differs from its market value or its book value, called intrinsic value, which is Quest Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quest Resource's market value can be influenced by many factors that don't directly affect Quest Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quest Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quest Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quest Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.