QIPT Stock | | | USD 2.82 0.08 2.92% |
Quipt Home financial indicator trend analysis is much more than just breaking down Quipt Home Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quipt Home Medical is a good investment. Please check the relationship between Quipt Home Interest Expense and its Selling And Marketing Expenses accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quipt Home Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Interest Expense vs Selling And Marketing Expenses
Interest Expense vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Quipt Home Medical Interest Expense account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Quipt Home's Interest Expense and Selling And Marketing Expenses is 0.8. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Quipt Home Medical, assuming nothing else is changed. The correlation between historical values of Quipt Home's Interest Expense and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Quipt Home Medical are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Interest Expense i.e., Quipt Home's Interest Expense and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Selling And Marketing Expenses
Most indicators from Quipt Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quipt Home Medical 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 Quipt Home Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, Quipt Home's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 80.3
K in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 6.75 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 139.9M | 221.7M | 255.0M | 267.8M | Interest Expense | 2.1M | 6.6M | 7.6M | 8.0M |
Quipt Home fundamental ratios Correlations
Click cells to compare fundamentals
Quipt Home Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quipt Home fundamental ratios Accounts
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Additional Tools for Quipt Stock Analysis
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measure Quipt Home's 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 Quipt Home is operating at the current time. Most of Quipt Home's value examination focuses on studying past and present price action to
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