Quartz Common Stock Shares Outstanding vs Net Debt Analysis
QZM Stock | CAD 0.37 0.01 2.78% |
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 Common Stock Shares Outstanding and its Net Debt 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.
Common Stock Shares Outstanding vs Net Debt
Common Stock Shares Outstanding vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quartz Mountain Resources Common Stock Shares Outstanding account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Quartz Mountain's Common Stock Shares Outstanding and Net Debt is 0.23. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Debt 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 Common Stock Shares Outstanding and Net 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 Common Stock Shares Outstanding of Quartz Mountain Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock Shares Outstanding i.e., Quartz Mountain's Common Stock Shares Outstanding and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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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