| GQC Stock | | | CAD 0.28 0.01 3.45% |
GoldQuest Mining financial indicator trend analysis is much more than just examining GoldQuest Mining Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GoldQuest Mining Corp is a good investment. Please check the relationship between GoldQuest Mining Net Receivables and its Total Current Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoldQuest Mining Corp. 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.
Net Receivables vs Total Current Assets
Net Receivables vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GoldQuest Mining Corp Net Receivables account and
Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between GoldQuest Mining's Net Receivables and Total Current Assets is 0.01. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of GoldQuest Mining Corp, assuming nothing else is changed. The correlation between historical values of GoldQuest Mining's Net Receivables and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of GoldQuest Mining Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Receivables i.e., GoldQuest Mining's Net Receivables and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.01 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Receivables
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from GoldQuest Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GoldQuest Mining Corp 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoldQuest Mining Corp. 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, GoldQuest Mining's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 19.4
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 51.21 in 2024.
GoldQuest Mining fundamental ratios Correlations
Click cells to compare fundamentals
GoldQuest Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GoldQuest Mining fundamental ratios Accounts
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