| QYOU Stock | | | CAD 0.04 0.01 12.50% |
Qyou Media financial indicator trend analysis is much more than just breaking down Qyou Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qyou Media is a good investment. Please check the relationship between Qyou Media Accounts Payable and its Other Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qyou Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Accounts Payable vs Other Assets
Accounts Payable vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qyou Media Accounts Payable account and
Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Qyou Media's Accounts Payable and Other Assets is -0.36. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Qyou Media, assuming nothing else is changed. The correlation between historical values of Qyou Media's Accounts Payable and Other 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 Accounts Payable of Qyou Media are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Qyou Media's Accounts Payable and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.36 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Qyou Media obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Qyou Media are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Other Assets
Most indicators from Qyou Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qyou Media 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 Qyou Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, Qyou Media's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 32.7
M in 2024, despite the fact that
Tax Provision is likely to grow to (187.3
K).
Qyou Media fundamental ratios Correlations
Click cells to compare fundamentals
Qyou Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qyou Media fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Qyou Stock Analysis
When running Qyou Media's price analysis, check to
measure Qyou Media'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 Qyou Media is operating at the current time. Most of Qyou Media's value examination focuses on studying past and present price action to
predict the probability of Qyou Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qyou Media's price. Additionally, you may evaluate how the addition of Qyou Media to your portfolios can decrease your overall portfolio volatility.