QMC Roic vs Free Cash Flow Per Share Analysis

QMC Stock  CAD 0.06  0.01  8.33%   
QMC Quantum financial indicator trend analysis is much more than just breaking down QMC Quantum Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QMC Quantum Minerals is a good investment. Please check the relationship between QMC Quantum Roic and its Free Cash Flow Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QMC Quantum Minerals. 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.

Roic vs Free Cash Flow Per Share

Roic vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QMC Quantum Minerals Roic account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have very strong relationship.
The correlation between QMC Quantum's Roic and Free Cash Flow Per Share is 0.86. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of QMC Quantum Minerals, assuming nothing else is changed. The correlation between historical values of QMC Quantum's Roic and Free Cash Flow 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 Roic of QMC Quantum Minerals are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Roic i.e., QMC Quantum's Roic and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from QMC Quantum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QMC Quantum Minerals 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 QMC Quantum Minerals. 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.
Selling General Administrative is likely to drop to about 279 K in 2024. Issuance Of Capital Stock is likely to drop to about 299.2 K in 2024
 2021 2022 2023 2024 (projected)
Interest Expense431.0180.0162.0153.9
Depreciation And Amortization12.3K9.4K10.8K10.6K

QMC Quantum fundamental ratios Correlations

0.860.940.98-0.12-0.870.350.980.35-0.080.85-0.610.680.860.40.540.630.87-0.270.390.53-0.810.820.530.90.86
0.860.650.90.17-0.750.080.890.07-0.220.75-0.590.431.00.130.50.590.81-0.030.390.52-0.590.50.520.790.74
0.940.650.89-0.3-0.820.480.890.480.030.79-0.530.750.650.520.490.560.78-0.390.340.47-0.830.920.470.840.81
0.980.90.890.07-0.850.161.00.15-0.090.84-0.60.70.90.210.60.60.87-0.310.350.57-0.740.760.570.880.88
-0.120.17-0.30.070.09-0.930.07-0.94-0.06-0.050.020.060.17-0.880.34-0.03-0.05-0.040.090.270.26-0.340.27-0.110.1
-0.87-0.75-0.82-0.850.09-0.35-0.84-0.350.33-0.960.35-0.42-0.75-0.37-0.59-0.8-0.850.28-0.45-0.640.9-0.82-0.65-0.96-0.88
0.350.080.480.16-0.93-0.350.161.0-0.050.31-0.110.040.080.98-0.150.30.260.030.2-0.05-0.510.53-0.050.360.14
0.980.890.891.00.07-0.840.160.15-0.090.83-0.60.710.890.210.590.60.85-0.310.350.57-0.740.760.570.880.88
0.350.070.480.15-0.94-0.351.00.15-0.050.3-0.10.040.070.98-0.150.30.260.030.19-0.06-0.510.52-0.060.350.13
-0.08-0.220.03-0.09-0.060.33-0.05-0.09-0.05-0.29-0.170.34-0.220.03-0.29-0.44-0.19-0.11-0.35-0.490.25-0.1-0.5-0.3-0.21
0.850.750.790.84-0.05-0.960.310.830.3-0.29-0.370.460.750.340.550.860.77-0.280.410.57-0.860.790.590.920.86
-0.61-0.59-0.53-0.60.020.35-0.11-0.6-0.1-0.17-0.37-0.53-0.59-0.2-0.35-0.05-0.53-0.04-0.21-0.280.21-0.16-0.28-0.26-0.18
0.680.430.750.70.06-0.420.040.710.040.340.46-0.530.430.090.310.150.46-0.560.040.15-0.370.610.160.450.59
0.861.00.650.90.17-0.750.080.890.07-0.220.75-0.590.430.130.50.590.81-0.030.390.52-0.590.50.520.790.74
0.40.130.520.21-0.88-0.370.980.210.980.030.34-0.20.090.13-0.040.320.320.080.340.02-0.560.530.020.370.15
0.540.50.490.60.34-0.59-0.150.59-0.15-0.290.55-0.350.310.5-0.040.380.74-0.190.720.96-0.560.440.960.530.55
0.630.590.560.6-0.03-0.80.30.60.3-0.440.86-0.050.150.590.320.380.490.00.470.47-0.840.660.490.80.74
0.870.810.780.87-0.05-0.850.260.850.26-0.190.77-0.530.460.810.320.740.49-0.170.520.72-0.750.70.720.840.75
-0.27-0.03-0.39-0.31-0.040.280.03-0.310.03-0.11-0.28-0.04-0.56-0.030.08-0.190.0-0.170.2-0.150.12-0.46-0.15-0.29-0.43
0.390.390.340.350.09-0.450.20.350.19-0.350.41-0.210.040.390.340.720.470.520.20.74-0.580.320.740.390.32
0.530.520.470.570.27-0.64-0.050.57-0.06-0.490.57-0.280.150.520.020.960.470.72-0.150.74-0.60.441.00.590.56
-0.81-0.59-0.83-0.740.260.9-0.51-0.74-0.510.25-0.860.21-0.37-0.59-0.56-0.56-0.84-0.750.12-0.58-0.6-0.89-0.61-0.9-0.82
0.820.50.920.76-0.34-0.820.530.760.52-0.10.79-0.160.610.50.530.440.660.7-0.460.320.44-0.890.440.880.87
0.530.520.470.570.27-0.65-0.050.57-0.06-0.50.59-0.280.160.520.020.960.490.72-0.150.741.0-0.610.440.590.56
0.90.790.840.88-0.11-0.960.360.880.35-0.30.92-0.260.450.790.370.530.80.84-0.290.390.59-0.90.880.590.95
0.860.740.810.880.1-0.880.140.880.13-0.210.86-0.180.590.740.150.550.740.75-0.430.320.56-0.820.870.560.95
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QMC Quantum Account Relationship Matchups

QMC Quantum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0M5.6M5.7M6.2M7.1M4.4M
Total Current Liabilities2.4M2.1M2.4M2.9M3.3M1.9M
Total Stockholder Equity2.7M3.5M3.3M3.3M3.8M2.5M
Property Plant And Equipment Net4.8M5.0M5.3M5.8M6.6M4.0M
Net Debt352.1K(338.3K)(82.8K)(70.5K)(81.0K)(85.1K)
Retained Earnings(10.3M)(13.2M)(13.6M)(13.9M)(12.5M)(11.9M)
Cash10.4K481.6K256.1K261.6K300.8K271.2K
Non Current Assets Total4.8M5.0M5.3M5.8M6.6M4.0M
Cash And Short Term Investments10.9K482.0K256.4K261.8K301.1K274.0K
Net Receivables1.8K5.3K64.1K15.4K13.9K13.2K
Common Stock Shares Outstanding68.4M80.0M87.0M90.5M104.1M109.3M
Short Term Investments300.0475.0350.0200.0180.0171.0
Liabilities And Stockholders Equity5.0M5.6M5.7M6.2M7.1M4.4M
Other Stockholder Equity3.2M3.5M3.8M3.6M4.2M3.3M
Total Liab2.4M2.1M2.4M2.9M3.3M1.9M
Total Current Assets283.7K568.5K389.2K371.4K427.1K417.4K
Accumulated Other Comprehensive Income(4.7K)(4.5K)(4.7K)(4.8K)(4.3K)(4.5K)
Other Current Liab2.0M2.0M2.3M2.7M3.1M3.2M
Other Current Assets271.0K81.3K68.7K94.2K108.3K102.3K
Accounts Payable834.1K879.3K767.4K797.5K717.8K906.5K
Net Tangible Assets3.1M2.7M3.5M3.3M3.8M2.7M
Property Plant Equipment4.6M4.8M5.0M5.3M6.1M4.3M
Net Invested Capital3.1M3.6M3.4M3.5M4.0M3.4M
Net Working Capital(2.1M)(1.6M)(2.1M)(2.5M)(2.2M)(2.4M)

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Additional Tools for QMC Stock Analysis

When running QMC Quantum's price analysis, check to measure QMC Quantum'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 QMC Quantum is operating at the current time. Most of QMC Quantum's value examination focuses on studying past and present price action to predict the probability of QMC Quantum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move QMC Quantum's price. Additionally, you may evaluate how the addition of QMC Quantum to your portfolios can decrease your overall portfolio volatility.