Quartz Capex To Depreciation vs Net Income Per Share Analysis
QZM Stock | CAD 0.36 0.02 5.88% |
Quartz Mountain financial indicator trend analysis is much more than just breaking down Quartz Mountain Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quartz Mountain Resources is a good investment. Please check the relationship between Quartz Mountain Capex To Depreciation and its Net Income Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quartz Mountain Resources. 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.
Capex To Depreciation vs Net Income Per Share
Capex To Depreciation vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quartz Mountain Resources Capex To Depreciation account and Net Income Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Quartz Mountain's Capex To Depreciation and Net Income Per Share is -0.21. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Quartz Mountain Resources, assuming nothing else is changed. The correlation between historical values of Quartz Mountain's Capex To Depreciation and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Quartz Mountain Resources are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Capex To Depreciation i.e., Quartz Mountain's Capex To Depreciation and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Net Income Per Share
Most indicators from Quartz Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quartz Mountain Resources 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 Quartz Mountain Resources. 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. At this time, Quartz Mountain's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.7 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (9.97) in 2024.
Quartz Mountain fundamental ratios Correlations
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Quartz Mountain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quartz Mountain fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 218.6K | 598.6K | 842.6K | 863.6K | 3.0M | 3.2M | |
Total Current Liabilities | 80.0K | 93.7K | 299.5K | 50.5K | 322.9K | 306.7K | |
Total Stockholder Equity | 138.6K | 463.5K | 510.3K | 790.7K | 2.7M | 2.8M | |
Net Debt | (206.5K) | (157.6K) | (280.5K) | (64.7K) | (74.4K) | (78.1K) | |
Retained Earnings | (27.6M) | (27.7M) | (28.7M) | (29.6M) | (32.1M) | (33.7M) | |
Cash | 206.5K | 206.4K | 321.8K | 97.5K | 1.9M | 2.0M | |
Cash And Short Term Investments | 206.5K | 206.4K | 321.8K | 97.5K | 87.7K | 83.3K | |
Net Receivables | 4.8K | 3.3K | 17.9K | 4.0K | 3.6K | 3.4K | |
Common Stock Shares Outstanding | 19.2M | 26.9M | 37.2M | 43.2M | 58.9M | 61.8M | |
Liabilities And Stockholders Equity | 218.6K | 598.6K | 842.6K | 863.6K | 777.2K | 616.7K | |
Total Liab | 80.0K | 135.0K | 332.3K | 72.9K | 333.0K | 316.4K | |
Total Current Assets | 218.6K | 211.6K | 340.4K | 121.4K | 2.0M | 2.1M | |
Common Stock | 27.2M | 27.6M | 28.4M | 29.0M | 33.3M | 30.1M | |
Accounts Payable | 4.2K | 24.4K | 170.7K | 23.1K | 226.1K | 237.4K | |
Other Current Assets | 7.2K | 1.8K | 791.0 | 19.9K | 17.9K | 18.8K | |
Other Current Liab | 75.8K | 61.8K | 120.2K | 17.0K | 19.6K | 18.6K | |
Net Tangible Assets | (3.0M) | 138.6K | 463.5K | 510.3K | 586.8K | 616.1K | |
Net Invested Capital | 138.6K | 463.5K | 510.3K | 790.7K | 2.7M | 2.8M | |
Net Working Capital | 138.6K | 117.8K | 40.9K | 70.9K | 1.7M | 1.8M | |
Capital Stock | 27.2M | 27.6M | 28.4M | 29.0M | 33.3M | 31.2M |
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When running Quartz Mountain's price analysis, check to measure Quartz Mountain'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 Quartz Mountain is operating at the current time. Most of Quartz Mountain's value examination focuses on studying past and present price action to predict the probability of Quartz Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quartz Mountain's price. Additionally, you may evaluate how the addition of Quartz Mountain to your portfolios can decrease your overall portfolio volatility.