Quipt Home Medical Stock Today

QIPT Stock   3.56  0.13  3.79%   

Performance

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Odds Of Distress

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Quipt Home is selling at 3.56 as of the 1st of December 2024; that is 3.79% up since the beginning of the trading day. The stock's open price was 3.43. Quipt Home has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Quipt Home Medical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
Category
Healthcare
Classification
Health Care
Quipt Home is entity of Canada. It is traded as Stock on TO exchange. The company has 43.09 M outstanding shares of which 384.01 K shares are at this time shorted by private and institutional investors with about 17.84 days to cover all short positions. More on Quipt Home Medical

Quipt Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Quipt Home's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Quipt Home or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President ChairmanGregory Crawford
Thematic Ideas
(View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Furniture, Drugs, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Quipt Home's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Quipt Home's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Quipt Home can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Quipt Home's financial leverage. It provides some insight into what part of Quipt Home's total assets is financed by creditors.
Liquidity
Quipt Home cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Quipt Home Medical has accumulated 97.96 M in total debt. Debt can assist Quipt Home until it has trouble settling it off, either with new capital or with free cash flow. So, Quipt Home's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Quipt Home Medical sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Quipt to invest in growth at high rates of return. When we think about Quipt Home's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(282,957)
Quipt Home Medical (QIPT) is traded on Toronto Exchange in Canada and employs 9 people. Quipt Home is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 153.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Quipt Home's market, we take the total number of its shares issued and multiply it by Quipt Home's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Quipt Home Medical operates under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 43.09 M outstanding shares of which 384.01 K shares are at this time shorted by private and institutional investors with about 17.84 days to cover all short positions. Quipt Home generates positive cash flow from operations, but has no cash available
Check Quipt Home Probability Of Bankruptcy
Ownership Allocation
Quipt Home owns a total of 43.09 Million outstanding shares. Over half of Quipt Home's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Quipt Home. Please watch out for any change in the institutional holdings of Quipt Home Medical as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Quipt Ownership Details

Quipt Home Medical Risk Profiles

Although Quipt Home's alpha and beta are two of the key measurements used to evaluate Quipt Home's performance over the market, the standard measures of volatility play an important role as well.

Quipt Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Quipt Home without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Quipt Home Corporate Management

Elected by the shareholders, the Quipt Home's board of directors comprises two types of representatives: Quipt Home inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Quipt. The board's role is to monitor Quipt Home's management team and ensure that shareholders' interests are well served. Quipt Home's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Quipt Home's outside directors are responsible for providing unbiased perspectives on the board's policies.
Cole StevensVP RelationsProfile
Hardik MehtaChief OfficerProfile
William ZehnderChief RelationsProfile
Robert LLBCorporate SecretaryProfile
Mark MilesVice TechnologyProfile
David BachelderExecutive OperationsProfile
When determining whether Quipt Home Medical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Quipt Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Quipt Home Medical Stock. Highlighted below are key reports to facilitate an investment decision about Quipt Home Medical Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quipt Home Medical. 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.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Please note, there is a significant difference between Quipt Home's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quipt Home is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quipt Home'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.