QST Stock | | | CAD 0.28 0.01 3.70% |
Questor Technology financial indicator trend analysis is much more than just breaking down Questor Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Questor Technology is a good investment. Please check the relationship between Questor Technology Depreciation and its Other Non Cash Items accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Questor Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Depreciation vs Other Non Cash Items
Depreciation vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Questor Technology Depreciation account and
Other Non Cash Items. At this time, the significance of the direction appears to have weak relationship.
The correlation between Questor Technology's Depreciation and Other Non Cash Items is 0.35. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Questor Technology, assuming nothing else is changed. The correlation between historical values of Questor Technology's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Questor Technology are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., Questor Technology's Depreciation and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of Questor Technology value has been used up. For tax purposes Questor Technology can deduct the cost of the tangible assets it purchases as business expenses. However, Questor Technology must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Other Non Cash Items
Most indicators from Questor Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Questor Technology 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 Questor Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Questor Technology's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 171.07 in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.4
M in 2024.
Questor Technology fundamental ratios Correlations
Click cells to compare fundamentals
Questor Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Questor Technology fundamental ratios Accounts
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Additional Tools for Questor Stock Analysis
When running Questor Technology's price analysis, check to
measure Questor Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Questor Technology is operating at the current time. Most of Questor Technology's value examination focuses on studying past and present price action to
predict the probability of Questor Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Questor Technology's price. Additionally, you may evaluate how the addition of Questor Technology to your portfolios can decrease your overall portfolio volatility.