QC Copper Net Income vs. Current Ratio
| QCCU Stock | CAD 0.12 0.00 0.00% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -6.6 M | Current Value -6.3 M | Quarterly Volatility 2.8 M |
For QC Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of QC Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well QC Copper and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between QC Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of QC Copper and over time as well as its relative position and ranking within its peers.
QCCU |
QC Copper Current Ratio vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining QC Copper's current stock value. Our valuation model uses many indicators to compare QC Copper value to that of its competitors to determine the firm's financial worth. QC Copper and is rated third in net income category among its peers. It is rated second in current ratio category among its peers . QC Copper reported Net Loss of (6.59 Million) in 2023. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the QC Copper's earnings, one of the primary drivers of an investment's value.QCCU Current Ratio vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
QC Copper |
| = | (7.32 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
QC Copper |
| = | 3.90 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
QCCU Current Ratio Comparison
QC Copper is currently under evaluation in current ratio category among its peers.
QC Copper Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in QC Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, QC Copper will eventually generate negative long term returns. The profitability progress is the general direction of QC Copper's change in net profit over the period of time. It can combine multiple indicators of QC Copper, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -4.5 M | -4.7 M | |
| Net Loss | -6.6 M | -6.3 M | |
| Income Before Tax | -6.6 M | -6.3 M | |
| Total Other Income Expense Net | -3 M | -2.9 M | |
| Net Loss | -3.5 M | -3.3 M | |
| Net Loss | -6.6 M | -6.3 M | |
| Income Tax Expense | -2.4 M | -2.2 M | |
| Net Interest Income | 346.9 K | 247.9 K | |
| Interest Income | 346.9 K | 247.9 K | |
| Change To Netincome | -4.1 M | -4.3 M | |
| Net Loss | (0.05) | (0.05) | |
| Income Quality | 0.69 | 0.73 | |
| Net Income Per E B T | 0.96 | 0.82 |
QCCU Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on QC Copper. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of QC Copper position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the QC Copper's important profitability drivers and their relationship over time.
Use QC Copper in pair-trading
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 QC Copper 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 QC Copper will appreciate offsetting losses from the drop in the long position's value.QC Copper Pair Trading
QC Copper and Pair Trading Analysis
The ability to find closely correlated positions to QC Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QC Copper 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 QC Copper - 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 QC Copper and to buy it.
The correlation of QC Copper 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 QC Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QC Copper 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 QC Copper 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.Use Investing Themes to Complement your QC Copper position
In addition to having QC Copper in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Semiconductor Thematic Idea Now
Semiconductor
Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Semiconductor Theme or any other thematic opportunities.
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Additional Tools for QCCU Stock Analysis
When running QC Copper's price analysis, check to measure QC Copper'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 QC Copper is operating at the current time. Most of QC Copper's value examination focuses on studying past and present price action to predict the probability of QC Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move QC Copper's price. Additionally, you may evaluate how the addition of QC Copper to your portfolios can decrease your overall portfolio volatility.