Quest Total Current Assets vs Total Revenue Analysis

QRHC Stock  USD 5.90  0.07  1.17%   
Quest Resource financial indicator trend analysis is much more than just breaking down Quest Resource Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quest Resource Holding is a good investment. Please check the relationship between Quest Resource Total Current Assets and its Total Revenue accounts. 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.

Total Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quest Resource Holding Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Quest Resource's Total Current Assets and Total Revenue is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Quest Resource Holding, assuming nothing else is changed. The correlation between historical values of Quest Resource's Total Current Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Quest Resource Holding are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Quest Resource's Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Revenue

Total revenue comprises all receipts Quest Resource Holding generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Quest Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.
The current year's Selling General Administrative is expected to grow to about 43.5 M. The current year's Tax Provision is expected to grow to about 415.4 K
 2022 2023 2024 2025 (projected)
Total Revenue284.0M288.4M331.6M348.2M
Depreciation And Amortization10.4M9.9M11.4M12.0M

Quest Resource fundamental ratios Correlations

0.180.950.760.86-0.80.910.350.350.96-0.070.940.030.860.950.98-0.050.780.90.540.870.890.080.90.880.91
0.180.290.27-0.03-0.170.350.150.150.20.510.160.790.040.110.210.510.210.250.080.00.030.970.140.050.18
0.950.290.710.79-0.710.980.180.180.970.120.850.190.820.910.970.130.710.850.510.780.790.220.860.740.84
0.760.270.710.36-0.940.710.50.50.620.110.840.290.660.540.680.130.980.460.550.40.460.240.540.590.87
0.86-0.030.790.36-0.470.720.160.160.88-0.270.73-0.250.740.970.88-0.260.420.960.360.990.96-0.160.90.850.72
-0.8-0.17-0.71-0.94-0.47-0.71-0.43-0.43-0.670.13-0.93-0.09-0.77-0.61-0.720.11-0.97-0.53-0.55-0.51-0.58-0.11-0.54-0.69-0.85
0.910.350.980.710.72-0.710.070.070.950.140.830.250.820.840.940.150.710.790.490.70.710.30.760.660.78
0.350.150.180.50.16-0.430.071.00.1-0.020.370.060.210.250.24-0.010.450.260.430.270.310.030.420.550.51
0.350.150.180.50.16-0.430.071.00.1-0.020.370.060.210.250.24-0.010.450.260.430.270.310.030.420.550.51
0.960.20.970.620.88-0.670.950.10.1-0.050.860.060.860.950.99-0.030.650.910.470.870.880.120.860.80.8
-0.070.510.120.11-0.270.130.14-0.02-0.02-0.05-0.190.83-0.39-0.16-0.061.0-0.03-0.12-0.32-0.3-0.340.640.0-0.38-0.05
0.940.160.850.840.73-0.930.830.370.370.86-0.190.010.870.830.89-0.180.890.770.580.750.810.060.740.850.89
0.030.790.190.29-0.25-0.090.250.060.060.060.830.01-0.17-0.10.060.830.17-0.02-0.1-0.26-0.220.89-0.02-0.220.05
0.860.040.820.660.74-0.770.820.210.210.86-0.390.87-0.170.820.88-0.380.720.740.750.750.8-0.070.70.850.77
0.950.110.910.540.97-0.610.840.250.250.95-0.160.83-0.10.820.96-0.140.580.970.470.970.96-0.020.940.890.82
0.980.210.970.680.88-0.720.940.240.240.99-0.060.890.060.880.96-0.050.70.920.530.880.90.120.890.860.86
-0.050.510.130.13-0.260.110.15-0.01-0.01-0.031.0-0.180.83-0.38-0.14-0.05-0.02-0.12-0.32-0.29-0.330.640.01-0.37-0.04
0.780.210.710.980.42-0.970.710.450.450.65-0.030.890.170.720.580.7-0.020.50.550.460.530.160.530.640.89
0.90.250.850.460.96-0.530.790.260.260.91-0.120.77-0.020.740.970.92-0.120.50.390.960.950.110.920.860.77
0.540.080.510.550.36-0.550.490.430.430.47-0.320.58-0.10.750.470.53-0.320.550.390.410.44-0.040.520.640.59
0.870.00.780.40.99-0.510.70.270.270.87-0.30.75-0.260.750.970.88-0.290.460.960.410.98-0.160.910.90.75
0.890.030.790.460.96-0.580.710.310.310.88-0.340.81-0.220.80.960.9-0.330.530.950.440.98-0.120.870.940.77
0.080.970.220.24-0.16-0.110.30.030.030.120.640.060.89-0.07-0.020.120.640.160.11-0.04-0.16-0.120.01-0.120.07
0.90.140.860.540.9-0.540.760.420.420.860.00.74-0.020.70.940.890.010.530.920.520.910.870.010.850.83
0.880.050.740.590.85-0.690.660.550.550.8-0.380.85-0.220.850.890.86-0.370.640.860.640.90.94-0.120.850.83
0.910.180.840.870.72-0.850.780.510.510.8-0.050.890.050.770.820.86-0.040.890.770.590.750.770.070.830.83
Click cells to compare fundamentals

Quest Resource Account Relationship Matchups

Quest Resource fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets102.2M175.7M181.5M177.1M203.7M213.9M
Other Current Liab2.7M6.2M4.6M2.7M3.1M3.8M
Total Current Liabilities17.3M37.7M38.1M44.9M51.7M54.2M
Total Stockholder Equity68.0M73.6M71.1M66.3M76.2M47.2M
Net Debt8.1M55.3M62.2M67.2M77.3M81.2M
Retained Earnings(98.4M)(96.7M)(102.8M)(110.0M)(99.0M)(94.1M)
Accounts Payable12.5M26.4M28.7M38.6M44.4M46.6M
Cash7.5M8.4M9.6M324.0K372.6K354.0K
Cash And Short Term Investments7.5M8.4M9.6M324.0K372.6K354.0K
Net Receivables17.4M39.9M45.9M58.1M66.9M70.2M
Common Stock Total Equity15.4K18.4K19.0K19.7K17.7K29.3K
Common Stock Shares Outstanding16.8M20.7M19.5M20.1M23.1M24.3M
Liabilities And Stockholders Equity102.2M175.7M181.5M177.1M203.7M213.9M
Inventory245.0(266.0)(238.0)(566.0)(650.9)(618.35)
Other Current Assets1.1M2.0M2.3M2.1M2.5M2.6M
Total Liab34.2M102.0M110.4M110.8M127.5M133.8M
Total Current Assets26.0M50.3M57.8M60.6M69.7M73.2M
Common Stock18K19K20K20.2K18.1K28.3K
Other Stockholder Equity166.4M170.3M173.9M176.3M202.8M121.3M
Short Long Term Debt Total15.6M63.7M71.7M67.6M77.7M81.6M
Non Currrent Assets Other293.3K1.1M574.0K387.9K446.1K393.6K
Non Current Liabilities Total16.9M64.3M72.3M65.9M75.8M79.6M
Property Plant And Equipment Gross3.4M6.3M7.5M6.9M8.0M8.4M
Short Term Debt624K1.3M1.6M1.7M1.5M2.9M
Intangible Assets6.5M39.1M33.6M26.1M30.0M31.5M
Property Plant And Equipment Net3.4M5.6M5.9M4.0M4.6M4.8M
Non Current Assets Total76.2M125.3M123.7M116.5M134.0M72.5M
Net Tangible Assets1.8M(4.8M)(46.1M)(46.7M)(42.0M)(39.9M)
Other Assets60K46.7K862.4K1.00.90.86
Long Term Debt14.9M62.4M70.6M64.6M74.3M78.1M
Retained Earnings Total Equity(99.2M)(98.4M)(96.7M)(102.8M)(92.5M)(97.1M)
Long Term Debt Total4.5M14.9M62.4M70.6M81.2M85.2M
Capital Surpluse160.9M166.4M170.3M173.9M200.0M160.0M
Non Current Liabilities Other1.1M2.0M1.9M1.7M2.0M2.1M
Property Plant Equipment2.4M3.4M5.6M5.9M6.8M7.1M
Other Liab353.04.2K2.0M1.9M1.7M2.2M
Current Deferred Revenue1.4M3.7M2.7M1.5M1.7M1.0M
Good Will66.3M80.6M84.3M85.8M98.7M72.5M

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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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
(0.37)
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.