Questerre Energy Gross Profit vs. Price To Sales
| QEC Stock | CAD 0.24 0.01 4.00% |
Gross Profit | First Reported 2003-09-30 | Previous Quarter 2.3 M | Current Value 1.3 M | Quarterly Volatility 1.9 M |
For Questerre Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Questerre Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Questerre Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Questerre Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Questerre Energy over time as well as its relative position and ranking within its peers.
Questerre |
Questerre Energy Price To Sales vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Questerre Energy's current stock value. Our valuation model uses many indicators to compare Questerre Energy value to that of its competitors to determine the firm's financial worth. Questerre Energy is rated third in gross profit category among its peers. It is currently regarded as top stock in price to sales category among its peers . The ratio of Gross Profit to Price To Sales for Questerre Energy is about 10,474,818 . At this time, Questerre Energy's Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Questerre Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Questerre Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Questerre Price To Sales vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Questerre Energy |
| = | 31.61 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Questerre Energy |
| = | 3.02 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Questerre Price To Sales Comparison
Questerre Energy is currently under evaluation in price to sales category among its peers.
Questerre Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Questerre Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Questerre Energy will eventually generate negative long term returns. The profitability progress is the general direction of Questerre Energy's change in net profit over the period of time. It can combine multiple indicators of Questerre Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -20 K | -21 K | |
| Operating Income | 540 K | 513 K | |
| Income Before Tax | -23.7 M | -22.5 M | |
| Total Other Income Expense Net | -24.2 M | -23 M | |
| Net Loss | -23.7 M | -22.5 M | |
| Income Tax Expense | 1.2 M | 1.3 M | |
| Net Loss | -23.7 M | -24.9 M | |
| Net Income Applicable To Common Shares | 16.2 M | 17 M | |
| Interest Income | 1.6 M | 1.1 M | |
| Net Interest Income | 1.6 M | 1.7 M | |
| Change To Netincome | 2.3 M | 2.2 M | |
| Net Loss | (0.06) | (0.06) | |
| Income Quality | (0.69) | (0.65) | |
| Net Income Per E B T | 0.90 | 0.62 |
Questerre Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Questerre Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Questerre Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Questerre Energy's important profitability drivers and their relationship over time.
Use Questerre Energy in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Questerre Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Questerre Energy will appreciate offsetting losses from the drop in the long position's value.Questerre Energy Pair Trading
Questerre Energy Pair Trading Analysis
The ability to find closely correlated positions to Questerre Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Questerre Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Questerre Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Questerre Energy to buy it.
The correlation of Questerre Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Questerre Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Questerre Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Questerre Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Questerre Energy position
In addition to having Questerre Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies involved in production of aluminum. The Aluminum theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aluminum Theme or any other thematic opportunities.
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Other Information on Investing in Questerre Stock
To fully project Questerre Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Questerre Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Questerre Energy's income statement, its balance sheet, and the statement of cash flows.