Q32 Ebit vs Selling General Administrative Analysis

QTTB Stock   24.55  2.49  9.21%   
Q32 Bio financial indicator trend analysis is much more than just breaking down Q32 Bio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Q32 Bio is a good investment. Please check the relationship between Q32 Bio Ebit and its Selling General Administrative accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Q32 Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Q32 Stock refer to our How to Trade Q32 Stock guide.

Ebit vs Selling General Administrative

Ebit vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Q32 Bio Ebit account and Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Q32 Bio's Ebit and Selling General Administrative is -0.3. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Q32 Bio, assuming nothing else is changed. The correlation between historical values of Q32 Bio's Ebit and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Q32 Bio are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Ebit i.e., Q32 Bio's Ebit and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebit

Selling General Administrative

Most indicators from Q32 Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Q32 Bio 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 Q32 Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Q32 Stock refer to our How to Trade Q32 Stock guide.At present, Q32 Bio's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 0.03, whereas Tax Provision is forecasted to decline to about 53 K.
 2022 2023 2024 (projected)
Total Operating Expenses45.9M92.7M69.8M
Cost Of Revenue2.6M578K549.1K

Q32 Bio fundamental ratios Correlations

0.580.250.790.7-0.6-0.750.580.580.62-0.32-0.370.890.550.240.50.710.280.50.890.920.280.310.39-0.27-0.12
0.580.580.380.66-0.54-0.580.130.640.36-0.45-0.210.540.170.40.340.310.430.410.530.640.380.290.460.230.35
0.250.58-0.140.3-0.12-0.290.240.340.15-0.66-0.10.250.550.470.430.380.660.560.260.130.520.340.570.690.89
0.790.38-0.140.79-0.61-0.330.540.50.240.24-0.060.88-0.01-0.34-0.080.66-0.25-0.090.880.68-0.250.41-0.19-0.3-0.44
0.70.660.30.79-0.68-0.20.580.65-0.030.160.220.90.09-0.15-0.10.740.14-0.050.90.56-0.270.61-0.120.160.01
-0.6-0.54-0.12-0.61-0.680.44-0.28-0.97-0.17-0.080.03-0.67-0.11-0.12-0.08-0.24-0.13-0.1-0.66-0.65-0.010.14-0.130.160.2
-0.75-0.58-0.29-0.33-0.20.44-0.2-0.52-0.940.730.81-0.43-0.59-0.64-0.87-0.22-0.46-0.84-0.43-0.84-0.780.22-0.840.420.04
0.580.130.240.540.58-0.28-0.20.260.180.02-0.050.630.4-0.250.140.880.130.170.640.39-0.10.410.02-0.1-0.1
0.580.640.340.50.65-0.97-0.520.260.23-0.11-0.120.640.220.270.220.250.30.260.640.620.18-0.130.31-0.020.01
0.620.360.150.24-0.03-0.17-0.940.180.23-0.73-0.930.250.520.510.860.170.290.810.250.710.8-0.260.8-0.53-0.13
-0.32-0.45-0.660.240.16-0.080.730.02-0.11-0.730.690.0-0.68-0.78-0.88-0.05-0.63-0.920.0-0.38-0.960.1-0.94-0.11-0.55
-0.37-0.21-0.1-0.060.220.030.81-0.05-0.12-0.930.69-0.07-0.37-0.44-0.81-0.03-0.23-0.75-0.07-0.44-0.790.37-0.750.520.14
0.890.540.250.880.9-0.67-0.430.630.640.250.0-0.070.35-0.020.170.820.190.21.00.69-0.070.520.07-0.07-0.1
0.550.170.55-0.010.09-0.11-0.590.40.220.52-0.68-0.370.350.680.790.430.750.830.350.450.590.060.72-0.010.35
0.240.40.47-0.34-0.15-0.12-0.64-0.250.270.51-0.78-0.44-0.020.680.81-0.180.840.83-0.030.350.75-0.290.86-0.010.41
0.50.340.43-0.08-0.1-0.08-0.870.140.220.86-0.88-0.810.170.790.810.150.70.990.170.530.88-0.230.95-0.280.2
0.710.310.380.660.74-0.24-0.220.880.250.17-0.05-0.030.820.43-0.180.150.210.20.830.42-0.10.730.020.080.07
0.280.430.66-0.250.14-0.13-0.460.130.30.29-0.63-0.230.190.750.840.70.210.760.20.230.510.050.710.170.52
0.50.410.56-0.09-0.05-0.1-0.840.170.260.81-0.92-0.750.20.830.830.990.20.760.20.510.89-0.160.97-0.150.33
0.890.530.260.880.9-0.66-0.430.640.640.250.0-0.071.00.35-0.030.170.830.20.20.69-0.070.530.07-0.07-0.09
0.920.640.130.680.56-0.65-0.840.390.620.71-0.38-0.440.690.450.350.530.420.230.510.690.40.030.48-0.39-0.21
0.280.380.52-0.25-0.27-0.01-0.78-0.10.180.8-0.96-0.79-0.070.590.750.88-0.10.510.89-0.070.4-0.340.96-0.050.39
0.310.290.340.410.610.140.220.41-0.13-0.260.10.370.520.06-0.29-0.230.730.05-0.160.530.03-0.34-0.30.490.33
0.390.460.57-0.19-0.12-0.13-0.840.020.310.8-0.94-0.750.070.720.860.950.020.710.970.070.480.96-0.3-0.090.38
-0.270.230.69-0.30.160.160.42-0.1-0.02-0.53-0.110.52-0.07-0.01-0.01-0.280.080.17-0.15-0.07-0.39-0.050.49-0.090.88
-0.120.350.89-0.440.010.20.04-0.10.01-0.13-0.550.14-0.10.350.410.20.070.520.33-0.09-0.210.390.330.380.88
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Q32 Bio Account Relationship Matchups

Q32 Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets310.6M263.7M35.2M61.8M306.1M190.9M
Other Current Liab9.0M9.8M4.5M8.5M7.0M7.3M
Total Current Liabilities12.4M22.7M7.2M57.9M11.6M20.5M
Total Stockholder Equity258.5M196.0M(89.2M)(130.7M)73.0M61.0M
Property Plant And Equipment Net42.7M42.9M203K9.2M650K617.5K
Net Debt(53.8M)(202.0M)(27.3M)838K(37.9M)(39.8M)
Retained Earnings(199.7M)(328.4M)(90.5M)(133.3M)(542.1M)(515.0M)
Accounts Payable2.6M4.7M2.7M1.4M3.2M3.4M
Cash53.8M217.4M32.2M43.9M39.3M67.1M
Non Current Assets Total44.0M44.2M1.2M14.9M222.2M233.3M
Cash And Short Term Investments262.4M217.4M32.2M43.9M82.7M99.4M
Common Stock Shares Outstanding2.3M2.6M3.1M3.2M3.2M2.8M
Liabilities And Stockholders Equity310.6M263.7M35.2M61.8M306.1M190.9M
Non Current Liabilities Total39.7M45.1M117.1M134.6M221.6M232.6M
Other Current Assets3.8M1.7M842K1.9M1.3M1.8M
Other Stockholder Equity458.0M524.4M1.3B1.3B615.1M620.3M
Total Liab52.1M67.7M124.4M192.5M233.1M244.8M
Total Current Assets266.6M219.6M34.0M46.9M83.9M101.6M
Accumulated Other Comprehensive Income(77K)183K(7K)(404K)(5K)(5.3K)
Common Stock3K4K5K1K6K3.1K
Current Deferred Revenue809K5.6M3.2M14.5M16.7M17.5M
Short Term Investments176.5M208.6M47.5M141.0M43.4M41.2M

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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 Q32 Bio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Q32 Bio'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 Q32 Bio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Q32 Bio Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Q32 Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Q32 Stock refer to our How to Trade Q32 Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Biotechnology 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 Q32 Bio. If investors know Q32 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 Q32 Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.50)
Revenue Per Share
(1.24)
The market value of Q32 Bio is measured differently than its book value, which is the value of Q32 that is recorded on the company's balance sheet. Investors also form their own opinion of Q32 Bio's value that differs from its market value or its book value, called intrinsic value, which is Q32 Bio'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 Q32 Bio's market value can be influenced by many factors that don't directly affect Q32 Bio'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 Q32 Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Q32 Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Q32 Bio'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.