Quartz Total Stockholder Equity vs Non Current Liabilities Total Analysis

QZM Stock

CAD 0.38 0.02 5.00%

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 Total Stockholder Equity 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.

Total Stockholder Equity vs Non Current Liabilities Total

Total Stockholder Equity 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 Total Stockholder Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Quartz Mountain's Total Stockholder Equity and Non Current Liabilities Total is -0.07. Overlapping area represents the amount of variation of Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity i.e., Quartz Mountain's Total Stockholder Equity and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.7 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (9.97) 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	0.67	0.74	-0.4	0.01	0.91	0.74	0.4	0.47	0.49	0.49	0.16	-0.13	0.91	0.31	0.68	0.47	-0.15	0.39	-0.25	0.38	0.22	0.42	0.35	0.29
Total Current Liabilities	-0.15		-0.83	-0.28	-0.07	0.18	-0.11	-0.17	0.19	0.25	0.09	-0.65	0.73	0.99	-0.1	-0.72	-0.26	0.4	-0.35	-0.4	0.99	0.21	0.35	-0.88	0.15	0.28
Total Stockholder Equity	0.67	-0.83		0.61	-0.19	-0.13	0.61	0.51	0.09	0.08	0.2	0.77	-0.47	-0.82	0.6	0.73	0.59	-0.07	0.18	0.53	-0.88	0.0	-0.17	0.9	0.08	-0.06
Property Plant And Equipment Net	0.74	-0.28	0.61		0.19	-0.28	0.44	0.96	0.36	-0.06	-0.05	0.66	-0.09	-0.24	0.43	0.43	0.13	0.17	-0.13	0.51	-0.33	0.4	-0.03	0.61	0.15	0.06
Net Debt	-0.4	-0.07	-0.19	0.19		-0.71	-0.61	0.15	-0.09	-0.93	-0.88	0.23	-0.37	-0.05	-0.63	0.27	-0.81	-0.53	0.15	0.23	0.02	-0.05	-0.39	0.05	-0.47	-0.46
Retained Earnings	0.01	0.18	-0.13	-0.28	-0.71		0.07	-0.14	0.06	0.77	0.72	-0.53	0.43	0.19	0.1	-0.62	0.33	0.62	-0.34	-0.56	0.14	0.33	0.42	-0.12	0.45	0.44
Cash	0.91	-0.11	0.61	0.44	-0.61	0.07		0.4	0.37	0.6	0.57	0.39	0.19	-0.11	1.0	0.27	0.82	0.42	-0.12	0.32	-0.22	0.1	0.21	0.29	0.28	0.24
Non Current Assets Total	0.74	-0.17	0.51	0.96	0.15	-0.14	0.4		0.32	0.02	0.1	0.5	0.04	-0.12	0.4	0.29	0.15	0.33	-0.14	0.38	-0.22	0.63	0.11	0.49	0.28	0.21
Other Assets	0.4	0.19	0.09	0.36	-0.09	0.06	0.37	0.32		0.12	0.04	0.43	0.15	0.19	0.35	-0.23	0.03	0.11	-0.92	0.41	0.17	0.05	-0.45	0.17	-0.48	-0.48
Cash And Short Term Investments	0.47	0.25	0.08	-0.06	-0.93	0.77	0.6	0.02	0.12		0.9	-0.35	0.57	0.25	0.62	-0.41	0.72	0.79	-0.22	-0.34	0.15	0.26	0.61	-0.14	0.62	0.62
Net Receivables	0.49	0.09	0.2	-0.05	-0.88	0.72	0.57	0.1	0.04	0.9		-0.28	0.42	0.12	0.61	-0.28	0.82	0.72	-0.1	-0.26	0.02	0.47	0.55	-0.08	0.61	0.6
Common Stock Shares Outstanding	0.49	-0.65	0.77	0.66	0.23	-0.53	0.39	0.5	0.43	-0.35	-0.28		-0.55	-0.65	0.37	0.71	0.17	-0.4	-0.12	0.8	-0.66	-0.23	-0.61	0.8	-0.47	-0.57
Other Stockholder Equity	0.16	0.73	-0.47	-0.09	-0.37	0.43	0.19	0.04	0.15	0.57	0.42	-0.55		0.76	0.2	-0.64	0.08	0.7	-0.28	-0.45	0.69	0.4	0.59	-0.59	0.39	0.47
Total Liab	-0.13	0.99	-0.82	-0.24	-0.05	0.19	-0.11	-0.12	0.19	0.25	0.12	-0.65	0.76		-0.1	-0.73	-0.26	0.46	-0.35	-0.41	0.99	0.29	0.4	-0.87	0.17	0.3
Total Current Assets	0.91	-0.1	0.6	0.43	-0.63	0.1	1.0	0.4	0.35	0.62	0.61	0.37	0.2	-0.1		0.25	0.84	0.45	-0.12	0.3	-0.21	0.13	0.23	0.28	0.3	0.27
Common Stock	0.31	-0.72	0.73	0.43	0.27	-0.62	0.27	0.29	-0.23	-0.41	-0.28	0.71	-0.64	-0.73	0.25		0.22	-0.46	0.52	0.57	-0.73	-0.25	-0.28	0.63	-0.12	-0.2
Accounts Payable	0.68	-0.26	0.59	0.13	-0.81	0.33	0.82	0.15	0.03	0.72	0.82	0.17	0.08	-0.26	0.84	0.22		0.41	0.1	0.05	-0.35	0.13	0.31	0.25	0.43	0.38
Non Current Liabilities Total	0.47	0.4	-0.07	0.17	-0.53	0.62	0.42	0.33	0.11	0.79	0.72	-0.4	0.7	0.46	0.45	-0.46	0.41		-0.21	-0.38	0.32	0.62	0.82	-0.24	0.66	0.68
Inventory	-0.15	-0.35	0.18	-0.13	0.15	-0.34	-0.12	-0.14	-0.92	-0.22	-0.1	-0.12	-0.28	-0.35	-0.12	0.52	0.1	-0.21		-0.14	-0.35	-0.11	0.34	0.01	0.4	0.39
Other Current Assets	0.39	-0.4	0.53	0.51	0.23	-0.56	0.32	0.38	0.41	-0.34	-0.26	0.8	-0.45	-0.41	0.3	0.57	0.05	-0.38	-0.14		-0.4	-0.21	-0.54	0.5	-0.43	-0.48
Other Current Liab	-0.25	0.99	-0.88	-0.33	0.02	0.14	-0.22	-0.22	0.17	0.15	0.02	-0.66	0.69	0.99	-0.21	-0.73	-0.35	0.32	-0.35	-0.4		0.2	0.28	-0.9	0.07	0.2
Non Currrent Assets Other	0.38	0.21	0.0	0.4	-0.05	0.33	0.1	0.63	0.05	0.26	0.47	-0.23	0.4	0.29	0.13	-0.25	0.13	0.62	-0.11	-0.21	0.2		0.48	-0.08	0.54	0.53
Short Long Term Debt Total	0.22	0.35	-0.17	-0.03	-0.39	0.42	0.21	0.11	-0.45	0.61	0.55	-0.61	0.59	0.4	0.23	-0.28	0.31	0.82	0.34	-0.54	0.28	0.48		-0.38	0.87	0.9
Net Tangible Assets	0.42	-0.88	0.9	0.61	0.05	-0.12	0.29	0.49	0.17	-0.14	-0.08	0.8	-0.59	-0.87	0.28	0.63	0.25	-0.24	0.01	0.5	-0.9	-0.08	-0.38		-0.14	-0.29
Short Long Term Debt	0.35	0.15	0.08	0.15	-0.47	0.45	0.28	0.28	-0.48	0.62	0.61	-0.47	0.39	0.17	0.3	-0.12	0.43	0.66	0.4	-0.43	0.07	0.54	0.87	-0.14		0.99
Short Term Debt	0.29	0.28	-0.06	0.06	-0.46	0.44	0.24	0.21	-0.48	0.62	0.6	-0.57	0.47	0.3	0.27	-0.2	0.38	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	3.0M	3.2M
Total Current Liabilities	80.0K	93.7K	299.5K	50.5K	322.9K	306.7K
Total Stockholder Equity	138.6K	463.5K	510.3K	790.7K	2.7M	2.8M
Net Debt	(206.5K)	(157.6K)	(280.5K)	(64.7K)	(74.4K)	(78.1K)
Retained Earnings	(27.6M)	(27.7M)	(28.7M)	(29.6M)	(32.1M)	(33.7M)
Cash	206.5K	206.4K	321.8K	97.5K	1.9M	2.0M
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	58.9M	61.8M
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	333.0K	316.4K
Total Current Assets	218.6K	211.6K	340.4K	121.4K	2.0M	2.1M
Common Stock	27.2M	27.6M	28.4M	29.0M	33.3M	30.1M
Accounts Payable	4.2K	24.4K	170.7K	23.1K	226.1K	237.4K
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	2.7M	2.8M
Net Working Capital	138.6K	117.8K	40.9K	70.9K	1.7M	1.8M
Capital Stock	27.2M	27.6M	28.4M	29.0M	33.3M	31.2M

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