Quess Total Assets vs Intangible Assets Analysis

QUESS Stock   704.95  0.55  0.08%   
Quess Corp financial indicator trend analysis is much more than just breaking down Quess Corp Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quess Corp Limited is a good investment. Please check the relationship between Quess Corp Total Assets and its Intangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quess Corp Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Assets vs Intangible Assets

Total Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quess Corp Limited Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Quess Corp's Total Assets and Intangible Assets is 0.79. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Quess Corp Limited, assuming nothing else is changed. The correlation between historical values of Quess Corp's Total Assets and Intangible Assets 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 Assets of Quess Corp Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., Quess Corp's Total Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Quess Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Quess Corp Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Quess Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quess Corp Limited 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 Quess Corp Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of the 30th of November 2024, Selling General Administrative is likely to drop to about 1.2 B. In addition to that, Tax Provision is likely to drop to about 140.7 M
 2021 2022 2023 2024 (projected)
Gross Profit26.0B20.2B11.1B11.8B
Total Revenue136.9B171.6B191.0B200.6B

Quess Corp fundamental ratios Correlations

0.890.610.990.990.870.390.790.920.920.940.990.970.890.980.970.970.960.820.460.970.991.00.850.790.92
0.890.360.890.870.750.570.960.770.920.960.890.90.940.830.860.870.920.780.310.880.910.890.980.770.89
0.610.360.640.550.86-0.340.290.510.350.390.570.530.340.70.510.660.540.430.540.490.630.640.250.20.47
0.990.890.640.950.890.290.820.880.880.90.960.950.850.990.930.930.930.790.520.921.00.990.840.720.9
0.990.870.550.950.830.460.740.950.940.941.00.980.90.960.990.970.950.810.40.990.960.970.830.850.9
0.870.750.860.890.830.070.660.710.720.770.850.810.680.90.790.910.830.750.560.80.890.890.680.530.74
0.390.57-0.340.290.460.070.470.410.650.620.450.450.590.240.50.390.50.47-0.060.530.340.330.630.60.51
0.790.960.290.820.740.660.470.630.820.860.770.790.870.740.740.750.820.710.290.750.830.790.960.660.83
0.920.770.510.880.950.710.410.630.90.850.940.940.840.890.950.880.870.650.320.920.890.90.720.830.87
0.920.920.350.880.940.720.650.820.90.950.940.930.910.850.940.890.910.80.350.950.90.890.920.870.92
0.940.960.390.90.940.770.620.860.850.950.950.950.950.870.920.920.960.790.30.950.930.920.950.820.9
0.990.890.570.961.00.850.450.770.940.940.950.980.90.960.980.970.960.830.390.990.970.980.850.830.9
0.970.90.530.950.980.810.450.790.940.930.950.980.940.940.970.940.950.730.310.970.960.960.860.860.9
0.890.940.340.850.90.680.590.870.840.910.950.90.940.810.910.870.90.680.170.910.870.870.920.890.87
0.980.830.70.990.960.90.240.740.890.850.870.960.940.810.930.940.930.790.520.930.990.990.770.690.87
0.970.860.510.930.990.790.50.740.950.940.920.980.970.910.930.960.930.810.380.990.940.950.830.890.91
0.970.870.660.930.970.910.390.750.880.890.920.970.940.870.940.960.950.850.410.960.950.950.820.780.88
0.960.920.540.930.950.830.50.820.870.910.960.960.950.90.930.930.950.820.390.940.960.950.870.730.93
0.820.780.430.790.810.750.470.710.650.80.790.830.730.680.790.810.850.820.470.830.810.80.760.630.76
0.460.310.540.520.40.56-0.060.290.320.350.30.390.310.170.520.380.410.390.470.360.50.510.290.080.54
0.970.880.490.920.990.80.530.750.920.950.950.990.970.910.930.990.960.940.830.360.940.950.850.890.89
0.990.910.631.00.960.890.340.830.890.90.930.970.960.870.990.940.950.960.810.50.941.00.860.730.92
1.00.890.640.990.970.890.330.790.90.890.920.980.960.870.990.950.950.950.80.510.951.00.830.750.91
0.850.980.250.840.830.680.630.960.720.920.950.850.860.920.770.830.820.870.760.290.850.860.830.780.86
0.790.770.20.720.850.530.60.660.830.870.820.830.860.890.690.890.780.730.630.080.890.730.750.780.73
0.920.890.470.90.90.740.510.830.870.920.90.90.90.870.870.910.880.930.760.540.890.920.910.860.73
Click cells to compare fundamentals

Quess Corp Account Relationship Matchups

Quess Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.2B47.2B53.7B61.2B62.6B36.3B
Short Long Term Debt Total14.7B7.9B9.1B10.1B8.4B7.8B
Other Current Liab155.0M8.9B9.5B18.0B18.8B19.7B
Total Current Liabilities22.8B16.4B23.2B27.7B26.3B15.4B
Total Stockholder Equity22.8B23.4B24.4B25.7B28.0B16.3B
Property Plant And Equipment Net5.1B4.3B5.0B6.5B6.2B6.6B
Current Deferred Revenue9.7B9.5B969.6M1.1B984.5M935.3M
Net Debt7.6B3.1B5.0B5.7B3.2B4.0B
Retained Earnings3.8B4.5B5.3B5.7B7.8B4.1B
Accounts Payable1.6B1.2B1.2B1.2B1.2B973.5M
Cash7.1B4.9B4.1B4.4B5.2B3.6B
Non Current Assets Total24.3B21.3B22.5B26.1B26.7B17.0B
Non Currrent Assets Other6.8B4.7B5.5B7.2B7.9B4.7B
Cash And Short Term Investments7.5B5.4B5.2B6.3B5.8B4.9B
Net Receivables19.4B18.0B23.3B26.9B27.7B14.5B
Good Will8.4B9.9B10.1B10.4B10.0B6.7B
Common Stock Shares Outstanding146.9M149.4M149.1M149.2M149.3M148.1M
Liabilities And Stockholders Equity53.2B47.2B53.7B61.2B62.6B39.0B
Non Current Liabilities Total6.8B6.4B4.8B6.2B6.6B4.3B
Inventory283.8M290.3M274.8M281.6M71.3M135.2M
Other Current Assets1.1B2.2B2.4B1.8B2.0B1.2B
Other Stockholder Equity17.0B17.5B17.0B17.0B17.2B11.2B
Total Liab29.7B22.8B28.0B33.9B32.9B19.4B
Total Current Assets28.9B25.9B31.2B35.1B35.8B20.5B
Accumulated Other Comprehensive Income500.7M488.8M644.8M1.5B1.5B1.6B
Short Term Debt11.4B5.6B6.7B6.6B5.1B5.4B
Intangible Assets1.4B1.2B1.6B1.3B1.0B1.0B
Common Stock1.5B1.5B1.5B1.5B1.5B1.2B
Other Liab3.2B3.5B4.1B2.4B2.8B2.3B
Net Tangible Assets12.9B13.0B12.4B12.6B14.5B8.1B
Other Assets8.5B5.9B5.7B1.4B(80.1M)(76.1M)
Long Term Debt1.1B543.1M236.8M94.7M17.6M16.7M
Short Long Term Debt10.3B4.0B5.6B5.2B3.7B4.9B
Property Plant Equipment5.1B4.3B5.0B6.5B7.4B7.8B
Short Term Investments414.0M563.8M1.1B2.0B605.4M575.1M
Long Term Debt Total3.3B2.3B2.4B3.5B4.0B2.7B
Capital Lease Obligations3.3B2.8B3.3B4.8B4.7B2.7B

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Other Information on Investing in Quess Stock

Balance Sheet is a snapshot of the financial position of Quess Corp Limited at a specified time, usually calculated after every quarter, six months, or one year. Quess Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Quess Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Quess currently owns. An asset can also be divided into two categories, current and non-current.