QVCC Good Will vs Total Current Liabilities Analysis

QVCC Stock  USD 12.37  0.20  1.59%   
QVCC financial indicator trend analysis is much more than just breaking down QVCC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QVCC is a good investment. Please check the relationship between QVCC Good Will and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QVCC. 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.
For information on how to trade QVCC Stock refer to our How to Trade QVCC Stock guide.

Good Will vs Total Current Liabilities

Good Will vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QVCC Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between QVCC's Good Will and Total Current Liabilities is 0.71. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of QVCC, assuming nothing else is changed. The correlation between historical values of QVCC's Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of QVCC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., QVCC's Good Will and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Liabilities

Total Current Liabilities is an item on QVCC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of QVCC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from QVCC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QVCC 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 QVCC. 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.
For information on how to trade QVCC Stock refer to our How to Trade QVCC Stock guide.At present, QVCC's Enterprise Value Multiple is projected to slightly grow based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Revenue11.4B9.9B9.4B9.9B
Interest Expense241M228M229M195.4M

QVCC fundamental ratios Correlations

0.970.490.760.940.660.950.960.651.0-0.390.650.990.980.970.990.920.930.970.990.250.950.760.21-0.380.73
0.970.440.70.850.491.00.890.460.97-0.360.460.970.931.00.960.830.910.980.930.30.90.710.31-0.460.71
0.490.440.930.260.440.420.470.480.49-0.160.480.470.470.440.460.50.350.610.490.10.460.410.08-0.170.39
0.760.70.930.560.620.680.760.640.75-0.270.640.730.710.70.730.770.660.830.760.260.750.650.21-0.340.65
0.940.850.260.560.710.830.930.710.93-0.370.710.910.950.870.930.890.880.840.940.170.880.70.06-0.230.66
0.660.490.440.620.710.440.720.970.64-0.140.970.660.660.530.650.810.680.590.750.160.780.520.06-0.170.5
0.951.00.420.680.830.440.870.410.96-0.360.410.960.910.990.940.80.890.970.910.30.870.70.32-0.470.69
0.960.890.470.760.930.720.870.740.96-0.480.740.930.930.910.970.980.940.920.970.280.960.830.21-0.390.8
0.650.460.480.640.710.970.410.740.63-0.221.00.630.650.50.640.820.650.570.740.080.750.58-0.03-0.120.53
1.00.970.490.750.930.640.960.960.63-0.380.630.980.980.980.980.910.930.980.980.260.940.750.21-0.380.73
-0.39-0.36-0.16-0.27-0.37-0.14-0.36-0.48-0.22-0.38-0.22-0.32-0.36-0.38-0.48-0.46-0.4-0.37-0.40.28-0.4-0.430.180.05-0.34
0.650.460.480.640.710.970.410.741.00.63-0.220.630.650.50.640.820.650.570.740.080.750.58-0.03-0.120.53
0.990.970.470.730.910.660.960.930.630.98-0.320.630.970.980.980.890.910.970.980.260.940.680.23-0.370.67
0.980.930.470.710.950.660.910.930.650.98-0.360.650.970.940.970.870.850.930.970.150.880.640.07-0.220.6
0.971.00.440.70.870.530.990.910.50.98-0.380.50.980.940.970.850.920.980.950.280.910.710.3-0.450.7
0.990.960.460.730.930.650.940.970.640.98-0.480.640.980.970.970.920.930.960.990.230.950.750.21-0.390.72
0.920.830.50.770.890.810.80.980.820.91-0.460.820.890.870.850.920.950.880.950.290.970.860.24-0.430.83
0.930.910.350.660.880.680.890.940.650.93-0.40.650.910.850.920.930.950.90.940.390.980.860.4-0.570.86
0.970.980.610.830.840.590.970.920.570.98-0.370.570.970.930.980.960.880.90.960.290.920.740.29-0.450.73
0.990.930.490.760.940.750.910.970.740.98-0.40.740.980.970.950.990.950.940.960.240.970.750.2-0.370.72
0.250.30.10.260.170.160.30.280.080.260.280.080.260.150.280.230.290.390.290.240.330.520.92-0.840.61
0.950.90.460.750.880.780.870.960.750.94-0.40.750.940.880.910.950.970.980.920.970.330.80.32-0.490.8
0.760.710.410.650.70.520.70.830.580.75-0.430.580.680.640.710.750.860.860.740.750.520.80.51-0.70.99
0.210.310.080.210.060.060.320.21-0.030.210.18-0.030.230.070.30.210.240.40.290.20.920.320.51-0.960.6
-0.38-0.46-0.17-0.34-0.23-0.17-0.47-0.39-0.12-0.380.05-0.12-0.37-0.22-0.45-0.39-0.43-0.57-0.45-0.37-0.84-0.49-0.7-0.96-0.76
0.730.710.390.650.660.50.690.80.530.73-0.340.530.670.60.70.720.830.860.730.720.610.80.990.6-0.76
Click cells to compare fundamentals

QVCC Account Relationship Matchups

QVCC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.9B16.6B16.1B12.4B11.7B9.0B
Short Long Term Debt Total5.3B5.1B5.2B5.3B4.9B2.9B
Other Current Liab963M1.7B1.2B1.1B962M751.1M
Total Current Liabilities2.0B2.8B2.5B2.0B2.3B1.4B
Total Stockholder Equity6.7B8.0B7.6B4.5B4.3B4.3B
Property Plant And Equipment Net1.4B1.4B1.1B891M937M945.0M
Net Debt4.7B4.5B4.7B5.0B4.5B2.5B
Accounts Payable913M1.1B1.3B832M838M630.1M
Cash561M682M510M357M307M354.3M
Non Current Assets Total11.1B12.9B12.4B9.5B9.1B6.8B
Non Currrent Assets Other104M1.2B(8.8B)(5.7B)1.8B1.9B
Cash And Short Term Investments561M682M510M357M307M354.3M
Net Receivables1.7B1.5B1.4B1.2B1.2B904.9M
Good Will6.0B6.0B6.0B3.5B3.2B3.1B
Liabilities And Stockholders Equity14.9B16.6B16.1B12.4B11.7B9.0B
Non Current Liabilities Total6.1B5.6B6.0B5.8B5.1B3.2B
Inventory1.2B1.1B1.4B1.0B860M705.1M
Other Current Assets295M397M412M299M279M180.0M
Other Stockholder Equity9.2B10.7B10.7B10.9B10.9B6.3B
Total Liab8.1B8.4B8.4B7.8B7.4B4.6B
Total Current Assets3.8B3.7B3.7B2.9B2.6B2.1B
Short Term Debt2M43M47M37M451M473.6M
Intangible Assets3.6B3.5B3.5B3.3B3.2B1.7B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether QVCC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of QVCC'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 Qvcc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qvcc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QVCC. 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.
For information on how to trade QVCC Stock refer to our How to Trade QVCC Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Oil & Gas Exploration & Production 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 QVCC. If investors know QVCC 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 QVCC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of QVCC is measured differently than its book value, which is the value of QVCC that is recorded on the company's balance sheet. Investors also form their own opinion of QVCC's value that differs from its market value or its book value, called intrinsic value, which is QVCC'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 QVCC's market value can be influenced by many factors that don't directly affect QVCC'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 QVCC's value and its price as these two are different measures arrived at by different means. Investors typically determine if QVCC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QVCC'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.