QTWO Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

QTWO Stock  USD 106.37  1.42  1.35%   
Q2 Holdings financial indicator trend analysis is much more than just breaking down Q2 Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Q2 Holdings is a good investment. Please check the relationship between Q2 Holdings Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Q2 Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in QTWO Stock, please use our How to Invest in Q2 Holdings guide.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Q2 Holdings Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Q2 Holdings' Non Currrent Assets Other and Property Plant And Equipment Net is 0.96. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Q2 Holdings, assuming nothing else is changed. The correlation between historical values of Q2 Holdings' Non Currrent Assets Other and Property Plant And Equipment Net 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 Q2 Holdings are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Q2 Holdings' Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Q2 Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Q2 Holdings 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 Q2 Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in QTWO Stock, please use our How to Invest in Q2 Holdings guide.At this time, Q2 Holdings' Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Tax Provision is likely to grow to about 3.7 M, while Enterprise Value is likely to drop about 256 M.
 2021 2022 2023 2024 (projected)
Interest Expense33.1M6.7M5.7M9.0M
Depreciation And Amortization66.7M73.2M85.1M89.4M

Q2 Holdings fundamental ratios Correlations

0.980.860.970.980.970.860.87-0.860.670.910.990.980.940.870.880.850.990.810.920.990.80.950.860.880.28
0.980.860.980.940.960.880.89-0.870.680.850.970.960.910.890.870.850.980.790.910.980.80.930.930.870.29
0.860.860.850.880.880.710.74-0.690.640.720.890.920.730.690.860.850.830.550.790.840.690.750.680.860.53
0.970.980.850.920.960.910.88-0.910.750.820.960.960.880.910.930.910.960.810.920.970.850.910.930.930.34
0.980.940.880.920.950.820.77-0.820.630.950.950.970.950.820.890.850.940.780.90.950.780.950.780.890.34
0.970.960.880.960.950.850.84-0.850.660.870.960.960.90.870.890.890.950.770.90.960.80.920.860.890.34
0.860.880.710.910.820.850.88-1.00.90.750.840.850.820.990.830.830.860.940.980.870.970.840.870.840.35
0.870.890.740.880.770.840.88-0.870.740.620.90.860.710.890.70.70.910.790.860.910.820.750.840.710.14
-0.86-0.87-0.69-0.91-0.82-0.85-1.0-0.87-0.89-0.75-0.83-0.84-0.81-0.99-0.83-0.82-0.85-0.96-0.97-0.87-0.97-0.84-0.87-0.84-0.31
0.670.680.640.750.630.660.90.74-0.890.530.680.710.560.870.730.740.650.80.860.670.940.60.670.750.46
0.910.850.720.820.950.870.750.62-0.750.530.840.870.970.770.80.760.860.780.850.860.710.960.70.80.28
0.990.970.890.960.950.960.840.9-0.830.680.840.980.860.850.850.820.980.760.890.980.80.890.830.850.26
0.980.960.920.960.970.960.850.86-0.840.710.870.980.890.850.90.880.970.750.910.970.80.910.840.90.4
0.940.910.730.880.950.90.820.71-0.810.560.970.860.890.840.840.820.910.810.880.910.721.00.830.840.3
0.870.890.690.910.820.870.990.89-0.990.870.770.850.850.840.820.810.880.960.970.890.950.860.880.820.3
0.880.870.860.930.890.890.830.7-0.830.730.80.850.90.840.820.990.830.710.860.850.80.870.811.00.55
0.850.850.850.910.850.890.830.7-0.820.740.760.820.880.820.810.990.80.690.840.830.780.840.820.990.6
0.990.980.830.960.940.950.860.91-0.850.650.860.980.970.910.880.830.80.80.91.00.780.930.880.830.21
0.810.790.550.810.780.770.940.79-0.960.80.780.760.750.810.960.710.690.80.940.810.930.830.770.720.12
0.920.910.790.920.90.90.980.86-0.970.860.850.890.910.880.970.860.840.90.940.910.960.90.830.870.37
0.990.980.840.970.950.960.870.91-0.870.670.860.980.970.910.890.850.831.00.810.910.80.930.890.850.24
0.80.80.690.850.780.80.970.82-0.970.940.710.80.80.720.950.80.780.780.930.960.80.760.750.810.34
0.950.930.750.910.950.920.840.75-0.840.60.960.890.911.00.860.870.840.930.830.90.930.760.850.870.31
0.860.930.680.930.780.860.870.84-0.870.670.70.830.840.830.880.810.820.880.770.830.890.750.850.810.29
0.880.870.860.930.890.890.840.71-0.840.750.80.850.90.840.821.00.990.830.720.870.850.810.870.810.55
0.280.290.530.340.340.340.350.14-0.310.460.280.260.40.30.30.550.60.210.120.370.240.340.310.290.55
Click cells to compare fundamentals

Q2 Holdings Account Relationship Matchups

Q2 Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.4B1.4B1.3B1.2B652.0M
Short Long Term Debt Total470.0M601.1M622.0M731.1M546.5M316.8M
Other Current Liab55.0M42.3M41.1M34.8M32.6M27.7M
Total Current Liabilities133.0M145.8M168.4M192.0M191.6M99.1M
Total Stockholder Equity379.4M643.4M570.3M419.0M448.5M253.7M
Property Plant And Equipment Net74.6M84.3M118.9M96.5M76.6M51.9M
Current Deferred Revenue57.9M81.9M98.7M117.5M118.7M124.7M
Net Debt369.9M193.3M299.1M531.5M316.8M332.7M
Retained Earnings(243.3M)(381.2M)(493.9M)(560.3M)(625.7M)(594.4M)
Accounts Payable11.0M7.9M10.6M10.1M19.4M20.3M
Cash100.1M407.7M322.8M199.6M229.7M140.4M
Non Current Assets Total823.1M800.5M862.6M818.7M773.5M392.0M
Non Currrent Assets Other62.6M69.1M68.4M63.6M62.4M39.3M
Cash And Short Term Investments132.4M539.1M427.7M433.4M324.0M209.3M
Net Receivables23.3M37.5M48.8M55.6M52.1M54.7M
Common Stock Shares Outstanding46.2M52.0M56.4M57.3M58.4M43.7M
Liabilities And Stockholders Equity1.0B1.4B1.4B1.3B1.2B652.0M
Non Current Liabilities Total497.1M627.5M646.4M738.7M561.4M299.2M
Other Current Assets6.4M39.6M45.9M42.1M51.9M54.5M
Other Stockholder Equity622.7M1.0B1.1B982.3M1.1B1.1B
Total Liab630.0M773.3M814.7M930.7M752.9M398.3M
Property Plant And Equipment Gross74.6M84.3M118.9M96.5M153.7M161.4M
Total Current Assets186.3M616.2M522.5M531.1M428.0M260.0M
Accumulated Other Comprehensive Income14K(32K)(135K)(3.0M)(1.1M)(1.2M)
Other Liab36.2M33.3M33.4M27.9M32.1M37.8M
Other Assets62.6M103.8M68.4M63.6M73.1M46.5M
Long Term Debt424.8M557.5M551.6M657.8M490.5M287.2M
Short Term Investments32.3M131.4M104.9M233.8M94.4M81.4M
Property Plant Equipment39.3M49.6M66.6M56.7M65.2M40.4M
Net Tangible Assets(306.5M)(3.8M)(105.0M)(239.5M)(215.6M)(204.8M)
Good Will107.9M462.0M462.3M512.9M589.8M619.3M
Retained Earnings Total Equity(243.3M)(381.2M)(493.9M)(560.3M)(504.3M)(479.1M)
Inventory24.2M30.8M35.4M31.2M40.2M24.8M
Deferred Long Term Liab45.1M48.0M44.0M45.1M51.9M38.9M

Pair Trading with Q2 Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Q2 Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Q2 Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with QTWO Stock

  0.89DJCO Daily Journal CorpPairCorr
  0.83AI C3 Ai Inc TrendingPairCorr
  0.88BL BlacklinePairCorr

Moving against QTWO Stock

  0.62VERB VERB TECHNOLOGY PANY TrendingPairCorr
  0.58VTEX VTEXPairCorr
  0.47DMAN Innovativ Media GroupPairCorr
The ability to find closely correlated positions to Q2 Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Q2 Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Q2 Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Q2 Holdings to buy it.
The correlation of Q2 Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Q2 Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Q2 Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Q2 Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Q2 Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Q2 Holdings' 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 Q2 Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Q2 Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Q2 Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in QTWO Stock, please use our How to Invest in Q2 Holdings guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Application Software 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 Q2 Holdings. If investors know QTWO 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 Q2 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.96)
Revenue Per Share
11.322
Quarterly Revenue Growth
0.129
Return On Assets
(0.03)
Return On Equity
(0.12)
The market value of Q2 Holdings is measured differently than its book value, which is the value of QTWO that is recorded on the company's balance sheet. Investors also form their own opinion of Q2 Holdings' value that differs from its market value or its book value, called intrinsic value, which is Q2 Holdings' 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 Q2 Holdings' market value can be influenced by many factors that don't directly affect Q2 Holdings' 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 Q2 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Q2 Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Q2 Holdings' 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.