Questerre Capex To Operating Cash Flow vs Payables Turnover Analysis

QEC Stock  CAD 0.25  0.01  3.85%   
Questerre Energy financial indicator trend analysis is much more than just breaking down Questerre Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Questerre Energy is a good investment. Please check the relationship between Questerre Energy Capex To Operating Cash Flow and its Payables Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Questerre Energy. 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.

Capex To Operating Cash Flow vs Payables Turnover

Capex To Operating Cash Flow vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Questerre Energy Capex To Operating Cash Flow account and Payables Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Questerre Energy's Capex To Operating Cash Flow and Payables Turnover is -0.67. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Questerre Energy, assuming nothing else is changed. The correlation between historical values of Questerre Energy's Capex To Operating Cash Flow and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Operating Cash Flow of Questerre Energy are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Capex To Operating Cash Flow i.e., Questerre Energy's Capex To Operating Cash Flow and Payables Turnover go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Capex To Operating Cash Flow

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Most indicators from Questerre Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Questerre Energy 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 Questerre Energy. 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.
Questerre Energy reported last year Tax Provision of (44,000). As of the 18th of February 2025, Sales General And Administrative To Revenue is likely to grow to 0.31, while Selling General Administrative is likely to drop about 4.9 M.
 2022 2023 2024 2025 (projected)
Total Operating Expenses6.3M6.5M5.8M7.4M
Cost Of Revenue30.0M28.7M33.0M34.7M

Questerre Energy fundamental ratios Correlations

0.180.620.990.75-0.29-0.110.390.90.390.610.450.230.150.250.680.210.410.610.510.190.36-0.60.550.46-0.31
0.18-0.120.24-0.32-0.610.290.67-0.120.68-0.11-0.13-0.18-0.450.86-0.18-0.330.68-0.120.15-0.04-0.14-0.180.060.77-0.18
0.62-0.120.550.630.25-0.11-0.080.71-0.080.350.14-0.060.21-0.030.78-0.18-0.070.350.840.50.85-0.710.460.01-0.12
0.990.240.550.67-0.38-0.010.470.850.470.540.370.160.10.310.570.170.490.530.470.130.27-0.580.580.52-0.35
0.75-0.320.630.670.36-0.44-0.260.94-0.270.730.670.520.43-0.30.880.42-0.250.720.40.180.53-0.450.2-0.09-0.03
-0.29-0.610.25-0.380.36-0.3-0.960.14-0.960.040.110.140.27-0.750.34-0.02-0.960.030.22-0.010.54-0.08-0.42-0.760.31
-0.110.29-0.11-0.01-0.44-0.30.27-0.240.28-0.82-0.84-0.83-0.50.31-0.58-0.730.26-0.830.2-0.11-0.05-0.150.310.16-0.11
0.390.67-0.080.47-0.26-0.960.27-0.041.00.04-0.05-0.16-0.30.83-0.18-0.071.00.04-0.020.13-0.37-0.070.390.83-0.31
0.9-0.120.710.850.940.14-0.24-0.04-0.050.650.510.320.3-0.120.820.25-0.030.640.560.150.56-0.620.410.1-0.21
0.390.68-0.080.47-0.27-0.960.281.0-0.050.03-0.06-0.17-0.310.84-0.19-0.081.00.03-0.010.12-0.37-0.070.390.83-0.3
0.61-0.110.350.540.730.04-0.820.040.650.030.950.750.5-0.080.790.680.051.00.080.170.18-0.170.040.14-0.03
0.45-0.130.140.370.670.11-0.84-0.050.51-0.060.950.840.51-0.120.690.72-0.040.94-0.110.150.040.0-0.140.060.13
0.23-0.18-0.060.160.520.14-0.83-0.160.32-0.170.750.840.32-0.240.510.86-0.150.77-0.36-0.01-0.150.31-0.3-0.050.05
0.15-0.450.210.10.430.27-0.5-0.30.3-0.310.50.510.32-0.320.380.47-0.290.5-0.120.220.030.040.23-0.310.27
0.250.86-0.030.31-0.3-0.750.310.83-0.120.84-0.08-0.12-0.24-0.32-0.16-0.260.85-0.080.140.09-0.19-0.170.20.89-0.01
0.68-0.180.780.570.880.34-0.58-0.180.82-0.190.790.690.510.38-0.160.29-0.170.780.530.430.66-0.490.17-0.010.01
0.21-0.33-0.180.170.42-0.02-0.73-0.070.25-0.080.680.720.860.47-0.260.29-0.060.71-0.54-0.17-0.340.4-0.14-0.08-0.02
0.410.68-0.070.49-0.25-0.960.261.0-0.031.00.05-0.04-0.15-0.290.85-0.17-0.060.060.00.12-0.36-0.090.390.85-0.28
0.61-0.120.350.530.720.03-0.830.040.640.031.00.940.770.5-0.080.780.710.060.060.160.17-0.140.040.13-0.05
0.510.150.840.470.40.220.2-0.020.56-0.010.08-0.11-0.36-0.120.140.53-0.540.00.060.230.87-0.770.250.14-0.1
0.19-0.040.50.130.18-0.01-0.110.130.150.120.170.15-0.010.220.090.43-0.170.120.160.230.24-0.310.390.040.07
0.36-0.140.850.270.530.54-0.05-0.370.56-0.370.180.04-0.150.03-0.190.66-0.34-0.360.170.870.24-0.620.09-0.25-0.09
-0.6-0.18-0.71-0.58-0.45-0.08-0.15-0.07-0.62-0.07-0.170.00.310.04-0.17-0.490.4-0.09-0.14-0.77-0.31-0.62-0.44-0.330.12
0.550.060.460.580.2-0.420.310.390.410.390.04-0.14-0.30.230.20.17-0.140.390.040.250.390.09-0.440.25-0.17
0.460.770.010.52-0.09-0.760.160.830.10.830.140.06-0.05-0.310.89-0.01-0.080.850.130.140.04-0.25-0.330.25-0.05
-0.31-0.18-0.12-0.35-0.030.31-0.11-0.31-0.21-0.3-0.030.130.050.27-0.010.01-0.02-0.28-0.05-0.10.07-0.090.12-0.17-0.05
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Questerre Energy Account Relationship Matchups

Questerre Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets196.2M184.3M196.5M172.3M198.2M176.0M
Other Current Liab6.2M8.4M484K184K165.6K157.3K
Total Current Liabilities21.7M11.8M11.2M9.7M11.1M17.9M
Total Stockholder Equity152.1M149.0M166.1M143.7M165.2M147.7M
Property Plant And Equipment Net166.9M155.0M155.5M128.4M147.7M119.2M
Net Debt5.3M(4.9M)(29.3M)(34.8M)(40.0M)(42.0M)
Retained Earnings(300.2M)(304.5M)(290.3M)(314.1M)(282.7M)(268.6M)
Cash10.4M8.5M29.6M35.0M40.3M33.0M
Non Current Assets Total182.3M170.6M161.3M132.9M152.8M137.5M
Cash And Short Term Investments10.4M8.5M29.6M35.0M40.3M33.4M
Common Stock Shares Outstanding427.6M428.0M430.5M428.5M492.8M264.8M
Liabilities And Stockholders Equity196.2M184.3M196.5M172.3M198.2M176.0M
Non Current Liabilities Total22.4M23.5M19.1M19.0M21.9M23.0M
Other Current Assets819K1.1M968K1.4M1.6M1.0M
Other Stockholder Equity23.0M24.1M26.3M27.9M25.1M23.9M
Total Liab44.1M35.3M30.4M28.7M33.0M28.3M
Property Plant And Equipment Gross166.9M307.8M318.6M327.1M376.2M395.0M
Total Current Assets13.9M13.6M35.2M39.5M45.4M38.5M
Accumulated Other Comprehensive Income(473K)(527K)296K(20K)(23K)(24.2K)
Short Long Term Debt Total15.7M3.6M283K228K262.2K249.1K
Non Currrent Assets Other7.5M7.4M7.7M1.01.151.09
Short Term Debt15.5M3.5M92K94K108.1K102.7K
Current Deferred Revenue(6.2M)(8.4M)(10.6M)1.00.90.95
Accounts Payable6.2M8.4M10.6M9.4M10.8M12.9M
Net Receivables2.7M4.0M4.6M3.0M2.7M3.2M
Short Term Investments819K1.1M968K1.4M1.6M1.6M
Other Liab21.4M22.2M23.3M19.0M21.8M16.5M
Net Tangible Assets266.3M152.1M149.0M166.1M149.5M142.9M
Other Assets6.8M7.5M1K1.00.90.86
Long Term Investments8.0M8.0M5.8M4.5M4.0M7.8M
Property Plant Equipment280.0M166.9M155.0M155.5M178.9M189.8M
Capital Surpluse21.7M23.0M24.1M26.3M30.2M23.0M
Short Long Term Debt15.4M3.4M33K36K32.4K30.8K
Long Term Debt Total18K205K155K191K219.7K230.6K
Net Invested Capital167.5M152.4M166.2M143.7M129.3M148.6M
Net Working Capital(7.8M)1.8M23.9M29.8M34.3M36.0M

Other Information on Investing in Questerre Stock

Balance Sheet is a snapshot of the financial position of Questerre Energy at a specified time, usually calculated after every quarter, six months, or one year. Questerre Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Questerre Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Questerre currently owns. An asset can also be divided into two categories, current and non-current.