QMC Non Currrent Assets Other vs Common Stock Shares Outstanding Analysis

QMC Stock  CAD 0.06  0.01  8.33%   
QMC Quantum financial indicator trend analysis is much more than just breaking down QMC Quantum Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QMC Quantum Minerals is a good investment. Please check the relationship between QMC Quantum Non Currrent Assets Other and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QMC Quantum Minerals. 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.

Non Currrent Assets Other vs Common Stock Shares Outstanding

Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QMC Quantum Minerals Non Currrent Assets Other account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between QMC Quantum's Non Currrent Assets Other and Common Stock Shares Outstanding is 0.77. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of QMC Quantum Minerals, assuming nothing else is changed. The correlation between historical values of QMC Quantum's Non Currrent Assets Other and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of QMC Quantum Minerals are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., QMC Quantum's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from QMC Quantum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QMC Quantum Minerals 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 QMC Quantum Minerals. 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.
Selling General Administrative is likely to drop to about 279 K in 2024. Issuance Of Capital Stock is likely to drop to about 299.2 K in 2024
 2021 2022 2023 2024 (projected)
Interest Expense431.0180.0162.0153.9
Depreciation And Amortization12.3K9.4K10.8K10.6K

QMC Quantum fundamental ratios Correlations

0.860.940.98-0.12-0.870.350.980.35-0.080.85-0.610.680.860.40.540.630.87-0.270.390.53-0.810.820.530.90.86
0.860.650.90.17-0.750.080.890.07-0.220.75-0.590.431.00.130.50.590.81-0.030.390.52-0.590.50.520.790.74
0.940.650.89-0.3-0.820.480.890.480.030.79-0.530.750.650.520.490.560.78-0.390.340.47-0.830.920.470.840.81
0.980.90.890.07-0.850.161.00.15-0.090.84-0.60.70.90.210.60.60.87-0.310.350.57-0.740.760.570.880.88
-0.120.17-0.30.070.09-0.930.07-0.94-0.06-0.050.020.060.17-0.880.34-0.03-0.05-0.040.090.270.26-0.340.27-0.110.1
-0.87-0.75-0.82-0.850.09-0.35-0.84-0.350.33-0.960.35-0.42-0.75-0.37-0.59-0.8-0.850.28-0.45-0.640.9-0.82-0.65-0.96-0.88
0.350.080.480.16-0.93-0.350.161.0-0.050.31-0.110.040.080.98-0.150.30.260.030.2-0.05-0.510.53-0.050.360.14
0.980.890.891.00.07-0.840.160.15-0.090.83-0.60.710.890.210.590.60.85-0.310.350.57-0.740.760.570.880.88
0.350.070.480.15-0.94-0.351.00.15-0.050.3-0.10.040.070.98-0.150.30.260.030.19-0.06-0.510.52-0.060.350.13
-0.08-0.220.03-0.09-0.060.33-0.05-0.09-0.05-0.29-0.170.34-0.220.03-0.29-0.44-0.19-0.11-0.35-0.490.25-0.1-0.5-0.3-0.21
0.850.750.790.84-0.05-0.960.310.830.3-0.29-0.370.460.750.340.550.860.77-0.280.410.57-0.860.790.590.920.86
-0.61-0.59-0.53-0.60.020.35-0.11-0.6-0.1-0.17-0.37-0.53-0.59-0.2-0.35-0.05-0.53-0.04-0.21-0.280.21-0.16-0.28-0.26-0.18
0.680.430.750.70.06-0.420.040.710.040.340.46-0.530.430.090.310.150.46-0.560.040.15-0.370.610.160.450.59
0.861.00.650.90.17-0.750.080.890.07-0.220.75-0.590.430.130.50.590.81-0.030.390.52-0.590.50.520.790.74
0.40.130.520.21-0.88-0.370.980.210.980.030.34-0.20.090.13-0.040.320.320.080.340.02-0.560.530.020.370.15
0.540.50.490.60.34-0.59-0.150.59-0.15-0.290.55-0.350.310.5-0.040.380.74-0.190.720.96-0.560.440.960.530.55
0.630.590.560.6-0.03-0.80.30.60.3-0.440.86-0.050.150.590.320.380.490.00.470.47-0.840.660.490.80.74
0.870.810.780.87-0.05-0.850.260.850.26-0.190.77-0.530.460.810.320.740.49-0.170.520.72-0.750.70.720.840.75
-0.27-0.03-0.39-0.31-0.040.280.03-0.310.03-0.11-0.28-0.04-0.56-0.030.08-0.190.0-0.170.2-0.150.12-0.46-0.15-0.29-0.43
0.390.390.340.350.09-0.450.20.350.19-0.350.41-0.210.040.390.340.720.470.520.20.74-0.580.320.740.390.32
0.530.520.470.570.27-0.64-0.050.57-0.06-0.490.57-0.280.150.520.020.960.470.72-0.150.74-0.60.441.00.590.56
-0.81-0.59-0.83-0.740.260.9-0.51-0.74-0.510.25-0.860.21-0.37-0.59-0.56-0.56-0.84-0.750.12-0.58-0.6-0.89-0.61-0.9-0.82
0.820.50.920.76-0.34-0.820.530.760.52-0.10.79-0.160.610.50.530.440.660.7-0.460.320.44-0.890.440.880.87
0.530.520.470.570.27-0.65-0.050.57-0.06-0.50.59-0.280.160.520.020.960.490.72-0.150.741.0-0.610.440.590.56
0.90.790.840.88-0.11-0.960.360.880.35-0.30.92-0.260.450.790.370.530.80.84-0.290.390.59-0.90.880.590.95
0.860.740.810.880.1-0.880.140.880.13-0.210.86-0.180.590.740.150.550.740.75-0.430.320.56-0.820.870.560.95
Click cells to compare fundamentals

QMC Quantum Account Relationship Matchups

QMC Quantum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0M5.6M5.7M6.2M7.1M4.4M
Total Current Liabilities2.4M2.1M2.4M2.9M3.3M1.9M
Total Stockholder Equity2.7M3.5M3.3M3.3M3.8M2.5M
Property Plant And Equipment Net4.8M5.0M5.3M5.8M6.6M4.0M
Net Debt352.1K(338.3K)(82.8K)(70.5K)(81.0K)(85.1K)
Retained Earnings(10.3M)(13.2M)(13.6M)(13.9M)(12.5M)(11.9M)
Cash10.4K481.6K256.1K261.6K300.8K271.2K
Non Current Assets Total4.8M5.0M5.3M5.8M6.6M4.0M
Cash And Short Term Investments10.9K482.0K256.4K261.8K301.1K274.0K
Net Receivables1.8K5.3K64.1K15.4K13.9K13.2K
Common Stock Shares Outstanding68.4M80.0M87.0M90.5M104.1M109.3M
Short Term Investments300.0475.0350.0200.0180.0171.0
Liabilities And Stockholders Equity5.0M5.6M5.7M6.2M7.1M4.4M
Other Stockholder Equity3.2M3.5M3.8M3.6M4.2M3.3M
Total Liab2.4M2.1M2.4M2.9M3.3M1.9M
Total Current Assets283.7K568.5K389.2K371.4K427.1K417.4K
Accumulated Other Comprehensive Income(4.7K)(4.5K)(4.7K)(4.8K)(4.3K)(4.5K)
Other Current Liab2.0M2.0M2.3M2.7M3.1M3.2M
Other Current Assets271.0K81.3K68.7K94.2K108.3K102.3K
Accounts Payable834.1K879.3K767.4K797.5K717.8K906.5K
Net Tangible Assets3.1M2.7M3.5M3.3M3.8M2.7M
Property Plant Equipment4.6M4.8M5.0M5.3M6.1M4.3M
Net Invested Capital3.1M3.6M3.4M3.5M4.0M3.4M
Net Working Capital(2.1M)(1.6M)(2.1M)(2.5M)(2.2M)(2.4M)

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