Quick Total Current Assets vs Total Liab Analysis

QUICKHEAL

628.15 4.55 0.72%

Quick Heal financial indicator trend analysis is much more than just breaking down Quick Heal Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quick Heal Technologies is a good investment. Please check the relationship between Quick Heal Total Current Assets and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quick Heal Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Total Current Assets vs Total Liab

Total Current Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quick Heal Technologies Total Current Assets account and Total Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between Quick Heal's Total Current Assets and Total Liab is 0.61. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Quick Heal Technologies, assuming nothing else is changed. The correlation between historical values of Quick Heal's Total Current Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Quick Heal Technologies are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Assets i.e., Quick Heal's Total Current Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Quick Heal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quick Heal Technologies 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 Quick Heal Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

The current year's Issuance Of Capital Stock is expected to grow to about 74.3 M, whereas Selling General Administrative is forecasted to decline to about 140.5 M.

	2022	2023	2024	2025 (projected)
Gross Profit	2.7B	1.2B	1.1B	2.0B
Total Revenue	2.8B	2.9B	3.4B	3.2B

Gross Profit Total Revenue

Quick Heal fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Net Tangible Assets	Property Plant Equipment	Good Will
Total Assets		0.38	0.64	1.0	0.69	-0.24	0.75	0.41	0.24	0.83	0.53	0.05	0.97	0.67	0.35	0.84	0.39	0.04	0.29	0.66	0.98	-0.13	0.8	0.98	0.48	0.85
Other Current Liab	0.38		0.41	0.35	0.02	0.27	0.5	0.23	-0.29	0.32	0.14	-0.19	0.26	0.61	-0.27	0.39	-0.07	0.28	0.08	0.44	0.37	-0.45	0.48	0.3	-0.29	0.58
Total Current Liabilities	0.64	0.41		0.56	0.39	-0.64	0.43	0.76	0.62	0.63	0.03	-0.32	0.51	0.64	-0.24	0.19	0.26	0.54	0.22	1.0	0.59	-0.34	0.7	0.54	0.09	0.78
Total Stockholder Equity	1.0	0.35	0.56		0.7	-0.18	0.76	0.35	0.18	0.82	0.56	0.1	0.98	0.63	0.41	0.88	0.39	-0.02	0.29	0.58	0.98	-0.09	0.77	0.99	0.5	0.81
Property Plant And Equipment Net	0.69	0.02	0.39	0.7		-0.39	0.22	0.07	0.4	0.89	0.68	0.56	0.66	0.0	0.64	0.46	0.88	0.17	0.28	0.4	0.57	0.39	0.78	0.64	0.89	0.39
Net Debt	-0.24	0.27	-0.64	-0.18	-0.39		0.21	-0.26	-1.0	-0.33	-0.06	0.04	-0.23	0.06	0.02	0.27	-0.28	-0.58	-0.29	-0.62	-0.19	0.0	-0.28	-0.21	-0.4	-0.28
Retained Earnings	0.75	0.5	0.43	0.76	0.22	0.21		0.57	-0.23	0.48	0.04	-0.16	0.71	0.88	0.02	0.8	-0.03	-0.27	-0.11	0.45	0.79	-0.29	0.53	0.74	-0.05	0.68
Accounts Payable	0.41	0.23	0.76	0.35	0.07	-0.26	0.57		0.25	0.36	-0.35	-0.45	0.27	0.73	-0.4	0.14	0.03	0.08	-0.1	0.76	0.4	-0.37	0.44	0.32	-0.26	0.54
Cash	0.24	-0.29	0.62	0.18	0.4	-1.0	-0.23	0.25		0.32	0.08	-0.01	0.22	-0.07	0.02	-0.27	0.3	0.55	0.29	0.6	0.19	0.03	0.27	0.2	0.42	0.26
Non Current Assets Total	0.83	0.32	0.63	0.82	0.89	-0.33	0.48	0.36	0.32		0.52	0.27	0.73	0.35	0.31	0.55	0.78	0.3	0.15	0.65	0.7	0.09	0.95	0.76	0.62	0.7
Non Currrent Assets Other	0.53	0.14	0.03	0.56	0.68	-0.06	0.04	-0.35	0.08	0.52		0.39	0.59	-0.07	0.71	0.55	0.51	0.03	0.63	0.06	0.49	0.27	0.43	0.54	0.72	0.25
Other Assets	0.05	-0.19	-0.32	0.1	0.56	0.04	-0.16	-0.45	-0.01	0.27	0.39		0.09	-0.49	0.71	0.1	0.62	-0.3	-0.04	-0.32	-0.03	0.57	0.13	0.06	0.69	-0.29
Cash And Short Term Investments	0.97	0.26	0.51	0.98	0.66	-0.23	0.71	0.27	0.22	0.73	0.59	0.09		0.59	0.47	0.88	0.31	-0.06	0.36	0.53	0.98	-0.08	0.67	0.99	0.53	0.76
Net Receivables	0.67	0.61	0.64	0.63	0.0	0.06	0.88	0.73	-0.07	0.35	-0.07	-0.49	0.59		-0.24	0.61	-0.21	-0.07	0.04	0.66	0.73	-0.57	0.44	0.63	-0.29	0.79
Common Stock Shares Outstanding	0.35	-0.27	-0.24	0.41	0.64	0.02	0.02	-0.4	0.02	0.31	0.71	0.71	0.47	-0.24		0.47	0.52	-0.43	0.29	-0.23	0.34	0.6	0.17	0.41	0.78	-0.06
Short Term Investments	0.84	0.39	0.19	0.88	0.46	0.27	0.8	0.14	-0.27	0.55	0.55	0.1	0.88	0.61	0.47		0.17	-0.35	0.22	0.22	0.88	-0.08	0.52	0.88	0.32	0.62
Inventory	0.39	-0.07	0.26	0.39	0.88	-0.28	-0.03	0.03	0.3	0.78	0.51	0.62	0.31	-0.21	0.52	0.17		0.19	0.05	0.26	0.22	0.53	0.68	0.33	0.75	0.16
Other Current Assets	0.04	0.28	0.54	-0.02	0.17	-0.58	-0.27	0.08	0.55	0.3	0.03	-0.3	-0.06	-0.07	-0.43	-0.35	0.19		0.11	0.53	-0.05	-0.12	0.4	-0.04	0.01	0.31
Other Stockholder Equity	0.29	0.08	0.22	0.29	0.28	-0.29	-0.11	-0.1	0.29	0.15	0.63	-0.04	0.36	0.04	0.29	0.22	0.05	0.11		0.22	0.32	-0.2	0.07	0.31	0.4	0.15
Total Liab	0.66	0.44	1.0	0.58	0.4	-0.62	0.45	0.76	0.6	0.65	0.06	-0.32	0.53	0.66	-0.23	0.22	0.26	0.53	0.22		0.61	-0.35	0.72	0.56	0.09	0.8
Total Current Assets	0.98	0.37	0.59	0.98	0.57	-0.19	0.79	0.4	0.19	0.7	0.49	-0.03	0.98	0.73	0.34	0.88	0.22	-0.05	0.32	0.61		-0.19	0.68	0.99	0.39	0.83
Intangible Assets	-0.13	-0.45	-0.34	-0.09	0.39	0.0	-0.29	-0.37	0.03	0.09	0.27	0.57	-0.08	-0.57	0.6	-0.08	0.53	-0.12	-0.2	-0.35	-0.19		0.09	-0.13	0.46	-0.48
Common Stock	0.8	0.48	0.7	0.77	0.78	-0.28	0.53	0.44	0.27	0.95	0.43	0.13	0.67	0.44	0.17	0.52	0.68	0.4	0.07	0.72	0.68	0.09		0.7	0.43	0.72
Net Tangible Assets	0.98	0.3	0.54	0.99	0.64	-0.21	0.74	0.32	0.2	0.76	0.54	0.06	0.99	0.63	0.41	0.88	0.33	-0.04	0.31	0.56	0.99	-0.13	0.7		0.49	0.81
Property Plant Equipment	0.48	-0.29	0.09	0.5	0.89	-0.4	-0.05	-0.26	0.42	0.62	0.72	0.69	0.53	-0.29	0.78	0.32	0.75	0.01	0.4	0.09	0.39	0.46	0.43	0.49		0.1
Good Will	0.85	0.58	0.78	0.81	0.39	-0.28	0.68	0.54	0.26	0.7	0.25	-0.29	0.76	0.79	-0.06	0.62	0.16	0.31	0.15	0.8	0.83	-0.48	0.72	0.81	0.1

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Quick Heal Account Relationship Matchups

Quick Heal fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.3B	7.2B	4.9B	5.1B	5.9B	6.8B
Other Current Liab	240.3M	209.4M	233.3M	313.1M	360.1M	204.6M
Total Current Liabilities	740.1M	861.9M	719.4M	733M	843.0M	706.4M
Total Stockholder Equity	7.5B	6.3B	4.2B	4.4B	5.0B	6.1B
Property Plant And Equipment Net	1.4B	1.1B	975.6M	866.7M	780.0M	1.1B
Net Debt	(164.2M)	(78.3M)	(115.8M)	(375.1M)	(431.4M)	(452.9M)
Retained Earnings	5.8B	5.0B	3.0B	3.7B	4.2B	4.0B
Accounts Payable	499.8M	652.5M	486.1M	398.8M	458.6M	414.8M
Cash	164.2M	78.3M	115.8M	375.1M	337.6M	312.8M
Non Current Assets Total	2.0B	1.8B	1.7B	1.5B	1.7B	2.1B
Non Currrent Assets Other	10K	4.6M	6.5M	178.5M	160.7M	152.6M
Other Assets	206.8M	149.9M	100K	6.5M	5.9M	5.6M
Cash And Short Term Investments	4.7B	3.5B	1.9B	2.2B	2.5B	3.4B
Net Receivables	1.6B	1.8B	1.2B	1.3B	1.5B	1.2B
Common Stock Shares Outstanding	64.3M	59.7M	56.1M	54.1M	48.6M	50.6M
Short Term Investments	4.5B	3.5B	1.8B	1.8B	2.1B	3.0B
Liabilities And Stockholders Equity	8.3B	7.2B	4.9B	5.1B	5.9B	6.8B
Inventory	33.4M	47.9M	45M	28M	25.2M	42.4M
Other Current Assets	180K	400K	67.8M	92.7M	83.4M	87.6M
Other Stockholder Equity	620.8M	49.5M	26.6M	(328.3M)	(295.5M)	(280.7M)
Total Liab	752.0M	882.5M	735.9M	756.3M	869.7M	723.8M
Total Current Assets	6.3B	5.3B	3.2B	3.6B	4.2B	4.8B
Accumulated Other Comprehensive Income	473.1M	617.7M	642.7M	487.8M	561.0M	589.0M
Intangible Assets	52.8M	57.4M	29.2M	14.9M	13.4M	12.7M
Common Stock	642.1M	580.1M	530.7M	535.1M	615.4M	645.2M
Net Tangible Assets	6.3B	7.5B	6.2B	4.2B	4.8B	6.4B
Property Plant Equipment	1.5B	1.4B	1.1B	975.6M	878.0M	1.2B
Non Current Liabilities Total	11.9M	20.6M	16.5M	23.3M	21.0M	20.0M
Other Liab	24.3M	11.9M	20.6M	16.5M	14.9M	17.3M
Current Deferred Revenue	21.6M	23.1M	25.3M	21M	18.9M	26.0M
Capital Surpluse	593.8M	594.3M	23M	100K	90K	85.5K
Short Term Debt	23.1M	25.3M	21M	(21M)	(24.2M)	(22.9M)
Cash And Equivalents	28.4M	630K	163.7M	2.7M	2.4M	2.3M
Net Invested Capital	7.5B	6.3B	4.2B	4.4B	3.9B	5.0B
Net Working Capital	5.6B	4.5B	2.5B	2.9B	2.6B	3.5B
Capital Stock	642.1M	580.1M	530.7M	535.1M	481.6M	484.8M
Property Plant And Equipment Gross	2.7B	2.4B	2.3B	866.7M	780.0M	741.0M

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Balance Sheet is a snapshot of the financial position of Quick Heal Technologies at a specified time, usually calculated after every quarter, six months, or one year. Quick Heal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Quick Heal 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 Quick currently owns. An asset can also be divided into two categories, current and non-current.

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Quick Total Current Assets vs Total Liab Analysis

Total Current Assets vs Total Liab

Total Current Assets vs Total Liab Correlation Analysis

Correlation Coefficient

Total Current Assets

Total Liab

Quick Heal fundamental ratios Correlations

Quick Heal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Quick Heal fundamental ratios Accounts

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Other Information on Investing in Quick Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Cash And Short Term Investments
Net Tangible Assets	+ 0.99	Total Current Assets
Total Current Assets	+ 0.98	Total Assets

Cash	- 1.0	Net Debt
Net Debt	- 0.64	Total Current Liabilities
Total Liab	- 0.62	Net Debt
Other Current Assets	- 0.58	Net Debt
Intangible Assets	- 0.57	Net Receivables
Net Receivables	- 0.49	Other Assets