Quartz Short Long Term Debt Total vs Cash 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 Short Long Term Debt Total and its Cash 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.

Short Long Term Debt Total vs Cash

Short Long Term Debt Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quartz Mountain Resources Short Long Term Debt Total account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Quartz Mountain's Short Long Term Debt Total and Cash is 0.61. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Cash 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 Short Long Term Debt Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Quartz Mountain Resources are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Long Term Debt Total i.e., Quartz Mountain's Short Long Term Debt Total and Cash go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt Total

Cash

Cash refers to the most liquid asset of Quartz Mountain Resources, which is listed under current asset account on Quartz Mountain Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Quartz Mountain customers. The amounts must be unrestricted with restricted cash listed in a different Quartz Mountain account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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

0.150.360.47-0.670.750.840.580.220.840.81-0.110.520.180.84-0.250.670.86-0.26-0.160.040.630.610.110.70.66
0.15-0.87-0.27-0.08-0.190.26-0.160.160.260.1-0.710.730.990.24-0.75-0.090.4-0.35-0.430.990.210.36-0.890.160.29
0.36-0.870.48-0.30.570.190.41-0.030.190.310.62-0.45-0.850.210.590.430.020.190.35-0.910.05-0.070.90.20.05
0.47-0.270.480.190.28-0.040.960.34-0.04-0.030.6-0.06-0.23-0.030.37-0.130.22-0.150.46-0.30.440.010.590.190.1
-0.67-0.08-0.30.19-0.74-0.930.14-0.09-0.93-0.880.24-0.37-0.06-0.930.27-0.91-0.530.150.230.02-0.05-0.390.05-0.47-0.46
0.75-0.190.570.28-0.740.740.320.440.740.740.180.21-0.180.75-0.010.670.53-0.360.07-0.270.280.180.380.310.24
0.840.260.19-0.04-0.930.740.050.121.00.9-0.360.570.261.0-0.410.850.79-0.22-0.340.150.260.61-0.140.620.62
0.58-0.160.410.960.140.320.050.30.050.120.420.07-0.10.060.23-0.050.37-0.160.32-0.190.670.150.460.320.25
0.220.16-0.030.34-0.090.440.120.30.120.040.430.150.170.12-0.23-0.130.11-0.920.410.170.05-0.450.17-0.48-0.48
0.840.260.19-0.04-0.930.741.00.050.120.9-0.360.570.261.0-0.410.850.79-0.22-0.340.150.260.61-0.140.620.62
0.810.10.31-0.03-0.880.740.90.120.040.9-0.290.420.120.92-0.280.920.72-0.1-0.260.020.470.55-0.080.610.6
-0.11-0.710.620.60.240.18-0.360.420.43-0.36-0.29-0.58-0.7-0.350.68-0.2-0.41-0.150.79-0.68-0.24-0.640.83-0.49-0.59
0.520.73-0.45-0.06-0.370.210.570.070.150.570.42-0.580.760.56-0.640.230.7-0.28-0.450.690.40.59-0.590.390.47
0.180.99-0.85-0.23-0.06-0.180.26-0.10.170.260.12-0.70.760.25-0.75-0.080.46-0.35-0.440.990.290.41-0.880.180.31
0.840.240.21-0.03-0.930.751.00.060.121.00.92-0.350.560.25-0.390.870.79-0.21-0.330.130.290.61-0.130.620.62
-0.25-0.750.590.370.27-0.01-0.410.23-0.23-0.41-0.280.68-0.64-0.75-0.39-0.11-0.450.520.57-0.73-0.25-0.280.63-0.12-0.2
0.67-0.090.43-0.13-0.910.670.85-0.05-0.130.850.92-0.20.23-0.080.87-0.110.540.07-0.28-0.180.20.470.040.560.54
0.860.40.020.22-0.530.530.790.370.110.790.72-0.410.70.460.79-0.450.54-0.21-0.370.320.620.82-0.230.660.68
-0.26-0.350.19-0.150.15-0.36-0.22-0.16-0.92-0.22-0.1-0.15-0.28-0.35-0.210.520.07-0.21-0.14-0.35-0.110.340.010.40.39
-0.16-0.430.350.460.230.07-0.340.320.41-0.34-0.260.79-0.45-0.44-0.330.57-0.28-0.37-0.14-0.4-0.21-0.540.5-0.43-0.48
0.040.99-0.91-0.30.02-0.270.15-0.190.170.150.02-0.680.690.990.13-0.73-0.180.32-0.35-0.40.20.28-0.90.070.2
0.630.210.050.44-0.050.280.260.670.050.260.47-0.240.40.290.29-0.250.20.62-0.11-0.210.20.48-0.080.540.53
0.610.36-0.070.01-0.390.180.610.15-0.450.610.55-0.640.590.410.61-0.280.470.820.34-0.540.280.48-0.380.870.9
0.11-0.890.90.590.050.38-0.140.460.17-0.14-0.080.83-0.59-0.88-0.130.630.04-0.230.010.5-0.9-0.08-0.38-0.14-0.29
0.70.160.20.19-0.470.310.620.32-0.480.620.61-0.490.390.180.62-0.120.560.660.4-0.430.070.540.87-0.140.99
0.660.290.050.1-0.460.240.620.25-0.480.620.6-0.590.470.310.62-0.20.540.680.39-0.480.20.530.9-0.290.99
Click cells to compare fundamentals

Quartz Mountain Account Relationship Matchups

Quartz Mountain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets218.6K598.6K842.6K863.6K777.2K616.7K
Total Current Liabilities80.0K93.7K299.5K50.5K58.1K55.2K
Total Stockholder Equity138.6K463.5K510.3K790.7K711.6K747.2K
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)
Cash206.5K206.4K321.8K97.5K87.7K83.3K
Cash And Short Term Investments206.5K206.4K321.8K97.5K87.7K83.3K
Net Receivables4.8K3.3K17.9K4.0K3.6K3.4K
Common Stock Shares Outstanding19.2M26.9M37.2M43.2M49.7M52.2M
Liabilities And Stockholders Equity218.6K598.6K842.6K863.6K777.2K616.7K
Total Liab80.0K135.0K332.3K72.9K83.8K79.6K
Total Current Assets218.6K211.6K340.4K121.4K109.3K103.8K
Common Stock27.2M27.6M28.4M29.0M33.3M30.1M
Accounts Payable4.2K24.4K170.7K23.1K20.8K19.8K
Other Current Assets7.2K1.8K791.019.9K17.9K18.8K
Other Current Liab75.8K61.8K120.2K17.0K19.6K18.6K
Net Tangible Assets(3.0M)138.6K463.5K510.3K586.8K616.1K
Net Invested Capital138.6K463.5K510.3K790.7K909.3K954.8K
Net Working Capital138.6K117.8K40.9K70.9K81.5K85.6K
Capital Stock27.2M27.6M28.4M29.0M33.3M30.3M

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