Quartz Roic vs Invested Capital 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 Roic and its Invested Capital 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.

Roic vs Invested Capital

Roic vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quartz Mountain Resources Roic account and Invested Capital. At this time, the significance of the direction appears to have no relationship.

The correlation between Quartz Mountain's Roic and Invested Capital is 0.05. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Invested Capital 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 Roic and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Quartz Mountain Resources are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Roic i.e., Quartz Mountain's Roic and Invested Capital go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

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Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Quartz Mountain Resources. There are two different methods for calculating Quartz Mountain Resources invested capital: operating approach and financing approach. Understanding Quartz Mountain invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Non Current Liabilities Total	Inventory	Other Current Assets	Other Current Liab	Non Currrent Assets Other	Short Long Term Debt Total	Net Tangible Assets	Short Long Term Debt	Short Term Debt
Total Assets		0.15	0.36	0.47	-0.67	0.75	0.84	0.58	0.22	0.84	0.81	-0.11	0.52	0.18	0.84	-0.25	0.67	0.86	-0.26	-0.16	0.04	0.63	0.61	0.11	0.7	0.66
Total Current Liabilities	0.15		-0.87	-0.27	-0.08	-0.19	0.26	-0.16	0.16	0.26	0.1	-0.71	0.73	0.99	0.24	-0.75	-0.09	0.4	-0.35	-0.43	0.99	0.21	0.36	-0.89	0.16	0.29
Total Stockholder Equity	0.36	-0.87		0.48	-0.3	0.57	0.19	0.41	-0.03	0.19	0.31	0.62	-0.45	-0.85	0.21	0.59	0.43	0.02	0.19	0.35	-0.91	0.05	-0.07	0.9	0.2	0.05
Property Plant And Equipment Net	0.47	-0.27	0.48		0.19	0.28	-0.04	0.96	0.34	-0.04	-0.03	0.6	-0.06	-0.23	-0.03	0.37	-0.13	0.22	-0.15	0.46	-0.3	0.44	0.01	0.59	0.19	0.1
Net Debt	-0.67	-0.08	-0.3	0.19		-0.74	-0.93	0.14	-0.09	-0.93	-0.88	0.24	-0.37	-0.06	-0.93	0.27	-0.91	-0.53	0.15	0.23	0.02	-0.05	-0.39	0.05	-0.47	-0.46
Retained Earnings	0.75	-0.19	0.57	0.28	-0.74		0.74	0.32	0.44	0.74	0.74	0.18	0.21	-0.18	0.75	-0.01	0.67	0.53	-0.36	0.07	-0.27	0.28	0.18	0.38	0.31	0.24
Cash	0.84	0.26	0.19	-0.04	-0.93	0.74		0.05	0.12	1.0	0.9	-0.36	0.57	0.26	1.0	-0.41	0.85	0.79	-0.22	-0.34	0.15	0.26	0.61	-0.14	0.62	0.62
Non Current Assets Total	0.58	-0.16	0.41	0.96	0.14	0.32	0.05		0.3	0.05	0.12	0.42	0.07	-0.1	0.06	0.23	-0.05	0.37	-0.16	0.32	-0.19	0.67	0.15	0.46	0.32	0.25
Other Assets	0.22	0.16	-0.03	0.34	-0.09	0.44	0.12	0.3		0.12	0.04	0.43	0.15	0.17	0.12	-0.23	-0.13	0.11	-0.92	0.41	0.17	0.05	-0.45	0.17	-0.48	-0.48
Cash And Short Term Investments	0.84	0.26	0.19	-0.04	-0.93	0.74	1.0	0.05	0.12		0.9	-0.36	0.57	0.26	1.0	-0.41	0.85	0.79	-0.22	-0.34	0.15	0.26	0.61	-0.14	0.62	0.62
Net Receivables	0.81	0.1	0.31	-0.03	-0.88	0.74	0.9	0.12	0.04	0.9		-0.29	0.42	0.12	0.92	-0.28	0.92	0.72	-0.1	-0.26	0.02	0.47	0.55	-0.08	0.61	0.6
Common Stock Shares Outstanding	-0.11	-0.71	0.62	0.6	0.24	0.18	-0.36	0.42	0.43	-0.36	-0.29		-0.58	-0.7	-0.35	0.68	-0.2	-0.41	-0.15	0.79	-0.68	-0.24	-0.64	0.83	-0.49	-0.59
Other Stockholder Equity	0.52	0.73	-0.45	-0.06	-0.37	0.21	0.57	0.07	0.15	0.57	0.42	-0.58		0.76	0.56	-0.64	0.23	0.7	-0.28	-0.45	0.69	0.4	0.59	-0.59	0.39	0.47
Total Liab	0.18	0.99	-0.85	-0.23	-0.06	-0.18	0.26	-0.1	0.17	0.26	0.12	-0.7	0.76		0.25	-0.75	-0.08	0.46	-0.35	-0.44	0.99	0.29	0.41	-0.88	0.18	0.31
Total Current Assets	0.84	0.24	0.21	-0.03	-0.93	0.75	1.0	0.06	0.12	1.0	0.92	-0.35	0.56	0.25		-0.39	0.87	0.79	-0.21	-0.33	0.13	0.29	0.61	-0.13	0.62	0.62
Common Stock	-0.25	-0.75	0.59	0.37	0.27	-0.01	-0.41	0.23	-0.23	-0.41	-0.28	0.68	-0.64	-0.75	-0.39		-0.11	-0.45	0.52	0.57	-0.73	-0.25	-0.28	0.63	-0.12	-0.2
Accounts Payable	0.67	-0.09	0.43	-0.13	-0.91	0.67	0.85	-0.05	-0.13	0.85	0.92	-0.2	0.23	-0.08	0.87	-0.11		0.54	0.07	-0.28	-0.18	0.2	0.47	0.04	0.56	0.54
Non Current Liabilities Total	0.86	0.4	0.02	0.22	-0.53	0.53	0.79	0.37	0.11	0.79	0.72	-0.41	0.7	0.46	0.79	-0.45	0.54		-0.21	-0.37	0.32	0.62	0.82	-0.23	0.66	0.68
Inventory	-0.26	-0.35	0.19	-0.15	0.15	-0.36	-0.22	-0.16	-0.92	-0.22	-0.1	-0.15	-0.28	-0.35	-0.21	0.52	0.07	-0.21		-0.14	-0.35	-0.11	0.34	0.01	0.4	0.39
Other Current Assets	-0.16	-0.43	0.35	0.46	0.23	0.07	-0.34	0.32	0.41	-0.34	-0.26	0.79	-0.45	-0.44	-0.33	0.57	-0.28	-0.37	-0.14		-0.4	-0.21	-0.54	0.5	-0.43	-0.48
Other Current Liab	0.04	0.99	-0.91	-0.3	0.02	-0.27	0.15	-0.19	0.17	0.15	0.02	-0.68	0.69	0.99	0.13	-0.73	-0.18	0.32	-0.35	-0.4		0.2	0.28	-0.9	0.07	0.2
Non Currrent Assets Other	0.63	0.21	0.05	0.44	-0.05	0.28	0.26	0.67	0.05	0.26	0.47	-0.24	0.4	0.29	0.29	-0.25	0.2	0.62	-0.11	-0.21	0.2		0.48	-0.08	0.54	0.53
Short Long Term Debt Total	0.61	0.36	-0.07	0.01	-0.39	0.18	0.61	0.15	-0.45	0.61	0.55	-0.64	0.59	0.41	0.61	-0.28	0.47	0.82	0.34	-0.54	0.28	0.48		-0.38	0.87	0.9
Net Tangible Assets	0.11	-0.89	0.9	0.59	0.05	0.38	-0.14	0.46	0.17	-0.14	-0.08	0.83	-0.59	-0.88	-0.13	0.63	0.04	-0.23	0.01	0.5	-0.9	-0.08	-0.38		-0.14	-0.29
Short Long Term Debt	0.7	0.16	0.2	0.19	-0.47	0.31	0.62	0.32	-0.48	0.62	0.61	-0.49	0.39	0.18	0.62	-0.12	0.56	0.66	0.4	-0.43	0.07	0.54	0.87	-0.14		0.99
Short Term Debt	0.66	0.29	0.05	0.1	-0.46	0.24	0.62	0.25	-0.48	0.62	0.6	-0.59	0.47	0.31	0.62	-0.2	0.54	0.68	0.39	-0.48	0.2	0.53	0.9	-0.29	0.99

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Quartz Mountain Account Relationship Matchups

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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