Quartz Other Current Liab vs Non Current Liabilities Total Analysis
QZM Stock | CAD 0.39 0.01 2.63% |
Quartz Mountain financial indicator trend analysis is much more than just breaking down Quartz Mountain Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quartz Mountain Resources is a good investment. Please check the relationship between Quartz Mountain Other Current Liab and its Non Current Liabilities Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quartz Mountain Resources. 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.
Other Current Liab vs Non Current Liabilities Total
Other Current Liab vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quartz Mountain Resources Other Current Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Quartz Mountain's Other Current Liab and Non Current Liabilities Total is 0.32. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Quartz Mountain Resources, assuming nothing else is changed. The correlation between historical values of Quartz Mountain's Other Current Liab and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Quartz Mountain Resources are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Liab i.e., Quartz Mountain's Other Current Liab and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Liab
Non Current Liabilities Total
Most indicators from Quartz Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quartz Mountain Resources 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 Quartz Mountain Resources. 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, Quartz Mountain's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 8.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 393.9 K in 2024.
Quartz Mountain fundamental ratios Correlations
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Quartz Mountain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quartz Mountain fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 218.6K | 598.6K | 842.6K | 863.6K | 777.2K | 616.7K | |
Total Current Liabilities | 80.0K | 93.7K | 299.5K | 50.5K | 58.1K | 55.2K | |
Total Stockholder Equity | 138.6K | 463.5K | 510.3K | 790.7K | 711.6K | 747.2K | |
Net Debt | (206.5K) | (157.6K) | (280.5K) | (64.7K) | (74.4K) | (78.1K) | |
Retained Earnings | (27.6M) | (27.7M) | (28.7M) | (29.6M) | (26.7M) | (28.0M) | |
Cash | 206.5K | 206.4K | 321.8K | 97.5K | 87.7K | 83.3K | |
Cash And Short Term Investments | 206.5K | 206.4K | 321.8K | 97.5K | 87.7K | 83.3K | |
Net Receivables | 4.8K | 3.3K | 17.9K | 4.0K | 3.6K | 3.4K | |
Common Stock Shares Outstanding | 19.2M | 26.9M | 37.2M | 43.2M | 49.7M | 52.2M | |
Liabilities And Stockholders Equity | 218.6K | 598.6K | 842.6K | 863.6K | 777.2K | 616.7K | |
Total Liab | 80.0K | 135.0K | 332.3K | 72.9K | 83.8K | 79.6K | |
Total Current Assets | 218.6K | 211.6K | 340.4K | 121.4K | 109.3K | 103.8K | |
Common Stock | 27.2M | 27.6M | 28.4M | 29.0M | 33.3M | 30.1M | |
Accounts Payable | 4.2K | 24.4K | 170.7K | 23.1K | 20.8K | 19.8K | |
Other Current Assets | 7.2K | 1.8K | 791.0 | 19.9K | 17.9K | 18.8K | |
Other Current Liab | 75.8K | 61.8K | 120.2K | 17.0K | 19.6K | 18.6K | |
Net Tangible Assets | (3.0M) | 138.6K | 463.5K | 510.3K | 586.8K | 616.1K | |
Net Invested Capital | 138.6K | 463.5K | 510.3K | 790.7K | 909.3K | 954.8K | |
Net Working Capital | 138.6K | 117.8K | 40.9K | 70.9K | 81.5K | 85.6K | |
Capital Stock | 27.2M | 27.6M | 28.4M | 29.0M | 33.3M | 30.3M |
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When running Quartz Mountain's price analysis, check to measure Quartz Mountain'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 Quartz Mountain is operating at the current time. Most of Quartz Mountain's value examination focuses on studying past and present price action to predict the probability of Quartz Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quartz Mountain's price. Additionally, you may evaluate how the addition of Quartz Mountain to your portfolios can decrease your overall portfolio volatility.