Quantum Long Term Debt Total vs Long Term Debt Analysis

QMCO Stock  USD 17.97  0.80  4.66%   
Quantum financial indicator trend analysis is much more than just breaking down Quantum prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quantum is a good investment. Please check the relationship between Quantum Long Term Debt Total and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Quantum Stock, please use our How to Invest in Quantum guide.

Long Term Debt Total vs Long Term Debt

Long Term Debt Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantum Long Term Debt Total account and Long Term Debt. At this time, the significance of the direction appears to have totally related.
The correlation between Quantum's Long Term Debt Total and Long Term Debt is 1.0. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Quantum, assuming nothing else is changed. The correlation between historical values of Quantum's Long Term Debt Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Quantum are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Long Term Debt Total i.e., Quantum's Long Term Debt Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt Total

Long Term Debt

Long-term debt is a debt that Quantum has held for over one year. Long-term debt appears on Quantum balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Quantum balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Quantum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quantum 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 Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Quantum Stock, please use our How to Invest in Quantum guide.At this time, Quantum's Selling General Administrative is very stable compared to the past year. As of the 14th of December 2024, Tax Provision is likely to grow to about 804.1 K, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit147.0M133.9M124.9M242.5M
Total Revenue372.8M412.8M311.6M296.0M

Quantum fundamental ratios Correlations

0.430.510.160.160.360.110.660.87-0.150.660.69-0.180.610.870.38-0.010.68-0.320.970.460.340.340.480.850.2
0.430.28-0.060.270.23-0.290.130.430.150.130.40.450.340.380.00.420.36-0.230.380.090.0-0.270.430.33-0.15
0.510.28-0.46-0.190.61-0.54-0.040.390.31-0.040.79-0.570.20.430.050.470.770.160.51-0.24-0.16-0.230.780.360.36
0.16-0.06-0.460.29-0.820.820.650.24-0.310.65-0.420.26-0.42-0.060.41-0.64-0.58-0.010.10.450.450.46-0.750.240.25
0.160.27-0.190.29-0.05-0.110.120.560.210.12-0.370.260.050.150.190.22-0.050.23-0.060.63-0.30.1-0.090.110.03
0.360.230.61-0.82-0.05-0.65-0.330.280.12-0.330.69-0.310.730.56-0.10.560.85-0.190.370.01-0.25-0.20.880.16-0.19
0.11-0.29-0.540.82-0.11-0.650.590.0-0.630.59-0.290.17-0.20.010.38-0.88-0.53-0.320.160.370.720.62-0.750.190.06
0.660.13-0.040.650.12-0.330.590.57-0.241.00.09-0.060.170.320.23-0.470.07-0.150.640.30.40.65-0.20.720.44
0.870.430.390.240.560.280.00.570.130.570.37-0.150.450.70.470.090.55-0.010.720.640.060.360.350.650.32
-0.150.150.31-0.310.210.12-0.63-0.240.13-0.24-0.11-0.35-0.2-0.29-0.030.390.250.8-0.28-0.24-0.6-0.140.27-0.20.41
0.660.13-0.040.650.12-0.330.591.00.57-0.240.09-0.060.170.320.23-0.470.07-0.150.640.30.40.65-0.20.720.44
0.690.40.79-0.42-0.370.69-0.290.090.37-0.110.09-0.290.580.710.020.290.82-0.370.78-0.080.17-0.160.810.54-0.03
-0.180.45-0.570.260.26-0.310.17-0.06-0.15-0.35-0.06-0.290.04-0.050.010.08-0.44-0.54-0.180.140.2-0.31-0.26-0.2-0.58
0.610.340.2-0.420.050.73-0.20.170.45-0.20.170.580.040.750.00.250.72-0.590.640.320.140.090.660.47-0.37
0.870.380.43-0.060.150.560.010.320.7-0.290.320.71-0.050.750.370.110.69-0.520.870.550.420.120.580.71-0.2
0.380.00.050.410.19-0.10.380.230.47-0.030.230.020.010.00.37-0.30.01-0.080.290.580.570.3-0.140.150.07
-0.010.420.47-0.640.220.56-0.88-0.470.090.39-0.470.290.080.250.11-0.30.40.05-0.06-0.23-0.58-0.790.7-0.11-0.19
0.680.360.77-0.58-0.050.85-0.530.070.550.250.070.82-0.440.720.690.010.4-0.080.670.04-0.130.030.910.510.09
-0.32-0.230.16-0.010.23-0.19-0.32-0.15-0.010.8-0.15-0.37-0.54-0.59-0.52-0.080.05-0.08-0.45-0.21-0.610.11-0.14-0.220.62
0.970.380.510.1-0.060.370.160.640.72-0.280.640.78-0.180.640.870.29-0.060.67-0.450.330.450.290.50.860.11
0.460.09-0.240.450.630.010.370.30.64-0.240.3-0.080.140.320.550.58-0.230.04-0.210.330.320.39-0.140.3-0.21
0.340.0-0.160.45-0.3-0.250.720.40.06-0.60.40.170.20.140.420.57-0.58-0.13-0.610.450.320.28-0.250.29-0.25
0.34-0.27-0.230.460.1-0.20.620.650.36-0.140.65-0.16-0.310.090.120.3-0.790.030.110.290.390.28-0.380.370.44
0.480.430.78-0.75-0.090.88-0.75-0.20.350.27-0.20.81-0.260.660.58-0.140.70.91-0.140.5-0.14-0.25-0.380.31-0.11
0.850.330.360.240.110.160.190.720.65-0.20.720.54-0.20.470.710.15-0.110.51-0.220.860.30.290.370.310.21
0.2-0.150.360.250.03-0.190.060.440.320.410.44-0.03-0.58-0.37-0.20.07-0.190.090.620.11-0.21-0.250.44-0.110.21
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Quantum Account Relationship Matchups

Quantum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets166.0M194.9M201.6M213.7M187.6M178.2M
Other Current Liab32.5M35.4M30.0M114.3M33.9M32.2M
Total Current Liabilities158.3M159.1M157.8M152.6M249.9M207.6M
Total Stockholder Equity(198.5M)(112.2M)(126.7M)(86.9M)(121.5M)(115.4M)
Property Plant And Equipment Net21.7M19.4M24.0M26.8M21.5M20.4M
Net Debt158.6M73.3M118.0M73.7M94.3M78.1M
Retained Earnings(703.2M)(738.6M)(770.9M)(808.8M)(827.4M)(786.0M)
Cash6.4M27.4M5.2M26.0M25.7M24.4M
Non Current Assets Total30.2M38.9M56.4M60.6M55.8M53.0M
Non Currrent Assets Other3.4M10.9M9.9M15.8M19.7M27.0M
Cash And Short Term Investments6.4M27.4M5.2M26.0M25.7M24.4M
Net Receivables70.4M73.1M69.4M72.5M67.8M64.4M
Common Stock Shares Outstanding37.6M42.9M58.9M90.3M4.8M4.5M
Liabilities And Stockholders Equity166.0M194.9M201.6M213.7M187.6M178.2M
Non Current Liabilities Total206.3M148.1M170.5M147.9M59.2M56.2M
Inventory49.7M47.9M57.8M44.7M27.5M26.2M
Other Current Assets8.5M7.6M12.8M9.9M10.8M10.2M
Other Stockholder Equity505.8M626.7M645.0M702.4M707.1M366.6M
Total Liab364.5M307.2M328.3M300.5M309.1M386.1M
Total Current Assets135.8M156.1M145.2M153.1M131.8M125.2M
Accumulated Other Comprehensive Income(1.5M)(856K)(1.4M)(1.6M)(2.2M)(2.1M)
Accounts Payable36.9M35.2M34.2M35.7M26.1M24.8M
Short Long Term Debt Total165.0M100.7M123.2M99.6M120.0M199.7M
Current Deferred Revenue81.5M84.0M86.5M82.5M78.5M68.5M
Common Stock Total Equity399K570K605K936K842.4K800.3K
Short Term Debt7.3M4.4M6.1M6.4M110.4M115.9M
Common Stock399K570K605K936K959K911.1K
Net Tangible Assets(198.5M)(120.7M)(149.2M)(104.8M)(94.3M)(99.0M)
Long Term Debt146.8M90.9M17.7M16.8M15.1M14.3M
Retained Earnings Total Equity(703.2M)(738.6M)(770.9M)(808.8M)(728.0M)(764.4M)
Long Term Debt Total146.8M90.9M17.7M16.8M15.1M14.3M
Capital Surpluse505.8M626.7M645.0M722.6M831.0M585.1M
Non Current Liabilities Other10.8M44.1M9.9M10.2M11.4M15.3M
Property Plant Equipment9.0M10.1M12.9M16.6M14.9M9.8M
Other Assets8.4M10.9M9.9M15.8M1.00.95

Pair Trading with Quantum

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Quantum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Quantum will appreciate offsetting losses from the drop in the long position's value.

Moving together with Quantum Stock

  0.77EXTR Extreme NetworksPairCorr

Moving against Quantum Stock

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  0.44STX Seagate Technology PLCPairCorr
  0.44INFN InfineraPairCorr
The ability to find closely correlated positions to Quantum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quantum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Quantum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Quantum to buy it.
The correlation of Quantum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quantum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quantum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Quantum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Quantum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quantum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quantum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quantum Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Quantum Stock, please use our How to Invest in Quantum guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quantum. If investors know Quantum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quantum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(13.13)
Revenue Per Share
60.743
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.12)
The market value of Quantum is measured differently than its book value, which is the value of Quantum that is recorded on the company's balance sheet. Investors also form their own opinion of Quantum's value that differs from its market value or its book value, called intrinsic value, which is Quantum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quantum's market value can be influenced by many factors that don't directly affect Quantum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quantum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.