Quantum Numbers Stock Current Asset
QNC Stock | CAD 0.40 0.22 122.22% |
Quantum Numbers fundamentals help investors to digest information that contributes to Quantum Numbers' financial success or failures. It also enables traders to predict the movement of Quantum Stock. The fundamental analysis module provides a way to measure Quantum Numbers' 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 Quantum Numbers stock.
At this time, Quantum Numbers' Other Current Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 444.2 K in 2024, whereas Total Current Assets are likely to drop slightly above 882.3 K in 2024. Quantum | Current Asset |
Quantum Numbers Company Current Asset Analysis
Quantum Numbers' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Quantum Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Quantum Numbers is extremely important. It helps to project a fair market value of Quantum Stock properly, considering its historical fundamentals such as Current Asset. Since Quantum Numbers' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quantum Numbers' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quantum Numbers' interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Quantum Total Assets
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In accordance with the recently published financial statements, Quantum Numbers has a Current Asset of 0.0. This is 100.0% lower than that of the Semiconductors & Semiconductor Equipment sector and 100.0% lower than that of the Information Technology industry. The current asset for all Canada stocks is 100.0% higher than that of the company.
Quantum Numbers Current Valuation Drivers
We derive many important indicators used in calculating different scores of Quantum Numbers from analyzing Quantum Numbers' financial statements. These drivers represent accounts that assess Quantum Numbers' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Quantum Numbers' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 6.6M | 11.5M | 6.1M | 16.6M | 15.0M | 15.7M | |
Enterprise Value | 5.7M | 11.2M | 6.1M | 15.7M | 14.1M | 14.8M |
Quantum Fundamentals
Return On Equity | -1.41 | ||||
Return On Asset | -0.64 | ||||
Current Valuation | 26.09 M | ||||
Shares Outstanding | 150.5 M | ||||
Shares Owned By Insiders | 4.25 % | ||||
Number Of Shares Shorted | 1.68 K | ||||
Price To Book | 67.55 X | ||||
EBITDA | (2.25 M) | ||||
Net Income | (2.39 M) | ||||
Cash And Equivalents | 560.24 K | ||||
Cash Per Share | 0.01 X | ||||
Total Debt | 40 K | ||||
Current Ratio | 21.21 X | ||||
Book Value Per Share | 0.01 X | ||||
Cash Flow From Operations | (2.08 M) | ||||
Earnings Per Share | (0.02) X | ||||
Beta | 1.78 | ||||
Market Capitalization | 60.2 M | ||||
Total Asset | 1.65 M | ||||
Retained Earnings | (13.16 M) | ||||
Working Capital | 1.11 M | ||||
Net Asset | 1.65 M |
About Quantum Numbers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Quantum Numbers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quantum Numbers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quantum Numbers 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.
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Additional Tools for Quantum Stock Analysis
When running Quantum Numbers' price analysis, check to measure Quantum Numbers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quantum Numbers is operating at the current time. Most of Quantum Numbers' value examination focuses on studying past and present price action to predict the probability of Quantum Numbers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantum Numbers' price. Additionally, you may evaluate how the addition of Quantum Numbers to your portfolios can decrease your overall portfolio volatility.