Questerre Days Of Inventory On Hand vs Pb Ratio Analysis

QEC Stock  CAD 0.24  0.01  4.00%   
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 Days Of Inventory On Hand and its Pb Ratio 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.

Days Of Inventory On Hand vs Pb Ratio

Days Of Inventory On Hand vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Questerre Energy Days Of Inventory On Hand account and Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Questerre Energy's Days Of Inventory On Hand and Pb Ratio is -0.08. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Pb Ratio 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 Days Of Inventory On Hand and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Questerre Energy are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Days Of Inventory On Hand i.e., Questerre Energy's Days Of Inventory On Hand and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Of Inventory On Hand

Pb Ratio

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 1st of December 2024, Enterprise Value Over EBITDA is likely to grow to 3.39, while Selling General Administrative is likely to drop about 4.9 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses2.9M6.3M6.5M7.4M
Cost Of Revenue19.7M30.0M28.7M14.8M

Questerre Energy fundamental ratios Correlations

0.180.640.990.75-0.3-0.10.40.90.40.610.490.310.160.250.680.260.410.60.530.190.37-0.660.550.46-0.32
0.18-0.170.24-0.32-0.660.280.7-0.130.7-0.09-0.09-0.09-0.430.86-0.18-0.30.71-0.10.11-0.06-0.19-0.140.040.77-0.17
0.64-0.170.560.650.21-0.16-0.050.72-0.050.410.270.050.32-0.040.81-0.07-0.040.40.820.490.83-0.690.45-0.01-0.12
0.990.240.560.67-0.4-0.010.480.850.480.530.410.230.110.310.570.230.490.530.490.130.28-0.630.580.52-0.36
0.75-0.320.650.670.36-0.43-0.270.94-0.270.720.720.630.45-0.30.880.51-0.250.710.420.180.55-0.50.2-0.09-0.04
-0.3-0.660.21-0.40.36-0.33-0.970.13-0.970.070.180.290.34-0.780.340.09-0.970.060.16-0.030.520.0-0.44-0.790.32
-0.10.28-0.16-0.01-0.43-0.330.3-0.250.31-0.81-0.82-0.77-0.470.3-0.58-0.770.28-0.830.17-0.13-0.09-0.110.290.14-0.09
0.40.7-0.050.48-0.27-0.970.3-0.031.00.01-0.1-0.25-0.360.84-0.18-0.151.00.010.030.14-0.35-0.130.410.85-0.32
0.9-0.130.720.850.940.13-0.25-0.03-0.040.660.580.450.34-0.130.830.35-0.020.650.570.140.57-0.650.410.1-0.22
0.40.7-0.050.48-0.27-0.970.311.0-0.040.0-0.11-0.26-0.360.85-0.19-0.161.00.010.030.14-0.35-0.140.410.85-0.32
0.61-0.090.410.530.720.07-0.810.010.660.00.950.80.47-0.070.790.710.031.00.150.190.24-0.270.050.16-0.04
0.49-0.090.270.410.720.18-0.82-0.10.58-0.110.950.930.44-0.120.750.73-0.090.940.020.210.16-0.19-0.110.110.1
0.31-0.090.050.230.630.29-0.77-0.250.45-0.260.80.930.26-0.220.630.71-0.230.79-0.130.080.07-0.01-0.30.00.14
0.16-0.430.320.110.450.34-0.47-0.360.34-0.360.470.440.26-0.320.40.41-0.340.47-0.010.270.12-0.110.28-0.290.25
0.250.86-0.040.31-0.3-0.780.30.84-0.130.85-0.07-0.12-0.22-0.32-0.16-0.270.86-0.070.120.08-0.22-0.170.20.89-0.01
0.68-0.180.810.570.880.34-0.58-0.180.83-0.190.790.750.630.4-0.160.36-0.170.780.560.430.69-0.540.17-0.010.0
0.26-0.3-0.070.230.510.09-0.77-0.150.35-0.160.710.730.710.41-0.270.36-0.140.74-0.44-0.12-0.240.22-0.11-0.04-0.03
0.410.71-0.040.49-0.25-0.970.281.0-0.021.00.03-0.09-0.23-0.340.86-0.17-0.140.030.040.14-0.35-0.150.410.87-0.3
0.6-0.10.40.530.710.06-0.830.010.650.011.00.940.790.47-0.070.780.740.030.120.180.22-0.240.050.16-0.05
0.530.110.820.490.420.160.170.030.570.030.150.02-0.13-0.010.120.56-0.440.040.120.210.85-0.740.230.11-0.1
0.19-0.060.490.130.18-0.03-0.130.140.140.140.190.210.080.270.080.43-0.120.140.180.210.22-0.290.380.020.07
0.37-0.190.830.280.550.52-0.09-0.350.57-0.350.240.160.070.12-0.220.69-0.24-0.350.220.850.22-0.580.07-0.29-0.08
-0.66-0.14-0.69-0.63-0.50.0-0.11-0.13-0.65-0.14-0.27-0.19-0.01-0.11-0.17-0.540.22-0.15-0.24-0.74-0.29-0.58-0.44-0.320.11
0.550.040.450.580.2-0.440.290.410.410.410.05-0.11-0.30.280.20.17-0.110.410.050.230.380.07-0.440.24-0.18
0.460.77-0.010.52-0.09-0.790.140.850.10.850.160.110.0-0.290.89-0.01-0.040.870.160.110.02-0.29-0.320.24-0.04
-0.32-0.17-0.12-0.36-0.040.32-0.09-0.32-0.22-0.32-0.040.10.140.25-0.010.0-0.03-0.3-0.05-0.10.07-0.080.11-0.18-0.04
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Questerre Energy Account Relationship Matchups

Questerre Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets318.1M196.2M184.3M196.5M172.3M176.0M
Other Current Liab1.06.2M8.4M484K184K174.8K
Total Current Liabilities28.0M21.7M11.8M11.2M9.7M17.9M
Total Stockholder Equity268.7M152.1M149.0M166.1M143.7M147.7M
Property Plant And Equipment Net280.0M166.9M155.0M155.5M128.4M119.2M
Net Debt1.5M5.3M(4.9M)(29.3M)(34.8M)(36.6M)
Retained Earnings(182.5M)(300.2M)(304.5M)(290.3M)(314.1M)(298.4M)
Cash15.0M10.4M8.5M29.6M35.0M33.0M
Non Current Assets Total298.3M182.3M170.6M161.3M132.9M137.5M
Cash And Short Term Investments15.0M10.4M8.5M29.6M35.0M33.4M
Common Stock Shares Outstanding417.0M427.6M428.0M430.5M428.5M264.8M
Liabilities And Stockholders Equity318.1M196.2M184.3M196.5M172.3M176.0M
Non Current Liabilities Total21.4M22.4M23.5M19.1M19.0M10.4M
Other Current Assets881K819K1.1M968K1.4M1.0M
Other Stockholder Equity21.7M23.0M24.1M26.3M27.9M26.5M
Total Liab49.4M44.1M35.3M30.4M28.7M28.3M
Property Plant And Equipment Gross280.0M166.9M307.8M318.6M327.1M343.5M
Total Current Assets19.8M13.9M13.6M35.2M39.5M38.5M
Accumulated Other Comprehensive Income(213K)(473K)(527K)296K(20K)(21K)
Common Stock415.0M415.7M429.7M429.9M494.4M370.0M
Short Long Term Debt Total16.5M15.7M3.6M283K228K216.6K
Non Currrent Assets Other7.5M7.4M7.7M1.01.151.09
Short Term Debt16.5M15.5M3.5M92K94K89.3K
Accounts Payable11.5M6.2M8.4M10.6M9.4M12.9M
Net Receivables3.9M2.7M4.0M4.6M3.0M3.2M
Short Term Investments881K819K1.1M968K1.4M1.3M
Other Liab21.4M22.2M23.3M19.0M21.8M16.5M
Net Tangible Assets266.3M152.1M149.0M166.1M149.5M142.9M
Other Assets13.0M6.8M7.5M1K1.00.95
Long Term Investments8.4M8.0M8.0M5.8M4.5M7.8M
Property Plant Equipment280.0M166.9M155.0M155.5M178.9M189.8M
Capital Surpluse21.7M23.0M24.1M26.3M30.2M23.0M
Short Long Term Debt16.4M15.4M3.4M33K36K34.2K
Long Term Debt Total18K205K155K191K219.7K230.6K
Net Invested Capital285.0M167.5M152.4M166.2M143.7M148.6M
Net Working Capital(8.2M)(7.8M)1.8M23.9M29.8M31.3M

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.