Qualigen Therapeutics Stock Total Debt
| QLGN Stock | USD 4.10 0.06 1.49% |
Qualigen Therapeutics fundamentals help investors to digest information that contributes to Qualigen Therapeutics' financial success or failures. It also enables traders to predict the movement of Qualigen Stock. The fundamental analysis module provides a way to measure Qualigen Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Qualigen Therapeutics stock.
Qualigen |
Qualigen Therapeutics Company Total Debt Analysis
Qualigen Therapeutics' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Qualigen Therapeutics Total Debt | 1.3 M |
Most of Qualigen Therapeutics' fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Qualigen Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Qualigen Total Debt Historical Pattern
Today, most investors in Qualigen Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Qualigen Therapeutics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Qualigen Therapeutics total debt as a starting point in their analysis.
Qualigen Therapeutics Total Debt |
| Timeline |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, Qualigen Therapeutics has a Total Debt of 1.3 M. This is 99.95% lower than that of the Biotechnology sector and 99.6% lower than that of the Health Care industry. The total debt for all United States stocks is 99.98% higher than that of the company.
Qualigen Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Qualigen Therapeutics' direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Qualigen Therapeutics could also be used in its relative valuation, which is a method of valuing Qualigen Therapeutics by comparing valuation metrics of similar companies.Qualigen Therapeutics is currently under evaluation in total debt category among its peers.
Qualigen Therapeutics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Qualigen Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Qualigen Therapeutics' managers, analysts, and investors.Environmental | Governance | Social |
Qualigen Therapeutics Institutional Holders
Institutional Holdings refers to the ownership stake in Qualigen Therapeutics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Qualigen Therapeutics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Qualigen Therapeutics' value.| Shares | Jpmorgan Chase & Co | 2024-06-30 | 252 | Bank Of America Corp | 2024-06-30 | 52.0 | Signaturefd, Llc | 2024-09-30 | 20.0 | Archer Investment Corporation | 2024-06-30 | 16.0 | Royal Bank Of Canada | 2024-06-30 | 4.0 | Wells Fargo & Co | 2024-06-30 | 0.0 | Tower Research Capital Llc | 2024-09-30 | 0.0 | Fidelity Management And Research Company | 2024-06-30 | 0.0 | Renaissance Technologies Corp | 2024-09-30 | 0.0 | Ubs Group Ag | 2024-06-30 | 69.5 K | Geode Capital Management, Llc | 2024-06-30 | 30.2 K |
Qualigen Fundamentals
| Return On Equity | -8.42 | ||||
| Return On Asset | -0.75 | ||||
| Current Valuation | 3.92 M | ||||
| Shares Outstanding | 736.43 K | ||||
| Shares Owned By Insiders | 3.77 % | ||||
| Shares Owned By Institutions | 1.77 % | ||||
| Number Of Shares Shorted | 100.24 K | ||||
| Price To Book | 0.41 X | ||||
| Price To Sales | 0.39 X | ||||
| Revenue | 5.2 M | ||||
| Gross Profit | 680.8 K | ||||
| EBITDA | (11.3 M) | ||||
| Net Income | (12.48 M) | ||||
| Cash And Equivalents | 6.62 M | ||||
| Cash Per Share | 1.57 X | ||||
| Total Debt | 1.3 M | ||||
| Debt To Equity | 0.16 % | ||||
| Current Ratio | 2.13 X | ||||
| Book Value Per Share | (19.61) X | ||||
| Cash Flow From Operations | (10.3 M) | ||||
| Short Ratio | 0.11 X | ||||
| Earnings Per Share | 3,635 X | ||||
| Target Price | 5.0 | ||||
| Beta | 0.14 | ||||
| Market Capitalization | 2.87 M | ||||
| Total Asset | 2.03 M | ||||
| Retained Earnings | (116.8 M) | ||||
| Working Capital | (2.97 M) | ||||
| Net Asset | 2.03 M |
About Qualigen Therapeutics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Qualigen Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Qualigen Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Qualigen Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Qualigen Therapeutics
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 Qualigen Therapeutics 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 Qualigen Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving together with Qualigen Stock
Moving against Qualigen Stock
| 0.84 | GILD | Gilead Sciences | PairCorr |
| 0.83 | BMY | Bristol Myers Squibb | PairCorr |
| 0.61 | ESPR | Esperion Therapeutics | PairCorr |
| 0.54 | DYAI | Dyadic International | PairCorr |
The ability to find closely correlated positions to Qualigen Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qualigen Therapeutics 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 Qualigen Therapeutics - 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 Qualigen Therapeutics to buy it.
The correlation of Qualigen Therapeutics 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 Qualigen Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qualigen Therapeutics 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 Qualigen Therapeutics 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.Check out Qualigen Therapeutics Piotroski F Score and Qualigen Therapeutics Altman Z Score analysis. To learn how to invest in Qualigen Stock, please use our How to Invest in Qualigen Therapeutics guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qualigen Therapeutics. If investors know Qualigen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qualigen Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.6 K | Revenue Per Share 1.034 | Quarterly Revenue Growth 0.137 | Return On Assets (0.75) | Return On Equity (8.42) |
The market value of Qualigen Therapeutics is measured differently than its book value, which is the value of Qualigen that is recorded on the company's balance sheet. Investors also form their own opinion of Qualigen Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Qualigen Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qualigen Therapeutics' market value can be influenced by many factors that don't directly affect Qualigen Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qualigen Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualigen Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualigen Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.