QMC Tangible Book Value Per Share vs Income Quality 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 Tangible Book Value Per Share and its Income Quality 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.

Tangible Book Value Per Share vs Income Quality

Tangible Book Value Per Share vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QMC Quantum Minerals Tangible Book Value Per Share account and Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between QMC Quantum's Tangible Book Value Per Share and Income Quality is -0.16. Overlapping area represents the amount of variation of Tangible Book Value Per Share that can explain the historical movement of Income Quality 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 Tangible Book Value Per Share and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tangible Book Value Per Share of QMC Quantum Minerals are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Tangible Book Value Per Share i.e., QMC Quantum's Tangible Book Value Per Share and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Tangible Book Value Per Share

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

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 Expense	431.0	180.0	162.0	153.9
Depreciation And Amortization	12.3K	9.4K	10.8K	10.6K

Interest Expense Depreciation And Amortization

QMC Quantum fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Non Currrent Assets Other	Inventory	Other Current Assets	Short Term Debt	Accounts Payable	Net Tangible Assets	Short Long Term Debt	Common Stock	Property Plant Equipment
Total Assets		0.86	0.94	0.98	-0.12	-0.87	0.35	0.98	0.35	-0.08	0.85	-0.61	0.68	0.86	0.4	0.54	0.63	0.87	-0.27	0.39	0.53	-0.81	0.82	0.53	0.9	0.86
Total Current Liabilities	0.86		0.65	0.9	0.17	-0.75	0.08	0.89	0.07	-0.22	0.75	-0.59	0.43	1.0	0.13	0.5	0.59	0.81	-0.03	0.39	0.52	-0.59	0.5	0.52	0.79	0.74
Total Stockholder Equity	0.94	0.65		0.89	-0.3	-0.82	0.48	0.89	0.48	0.03	0.79	-0.53	0.75	0.65	0.52	0.49	0.56	0.78	-0.39	0.34	0.47	-0.83	0.92	0.47	0.84	0.81
Property Plant And Equipment Net	0.98	0.9	0.89		0.07	-0.85	0.16	1.0	0.15	-0.09	0.84	-0.6	0.7	0.9	0.21	0.6	0.6	0.87	-0.31	0.35	0.57	-0.74	0.76	0.57	0.88	0.88
Net Debt	-0.12	0.17	-0.3	0.07		0.09	-0.93	0.07	-0.94	-0.06	-0.05	0.02	0.06	0.17	-0.88	0.34	-0.03	-0.05	-0.04	0.09	0.27	0.26	-0.34	0.27	-0.11	0.1
Retained Earnings	-0.87	-0.75	-0.82	-0.85	0.09		-0.35	-0.84	-0.35	0.33	-0.96	0.35	-0.42	-0.75	-0.37	-0.59	-0.8	-0.85	0.28	-0.45	-0.64	0.9	-0.82	-0.65	-0.96	-0.88
Cash	0.35	0.08	0.48	0.16	-0.93	-0.35		0.16	1.0	-0.05	0.31	-0.11	0.04	0.08	0.98	-0.15	0.3	0.26	0.03	0.2	-0.05	-0.51	0.53	-0.05	0.36	0.14
Non Current Assets Total	0.98	0.89	0.89	1.0	0.07	-0.84	0.16		0.15	-0.09	0.83	-0.6	0.71	0.89	0.21	0.59	0.6	0.85	-0.31	0.35	0.57	-0.74	0.76	0.57	0.88	0.88
Cash And Short Term Investments	0.35	0.07	0.48	0.15	-0.94	-0.35	1.0	0.15		-0.05	0.3	-0.1	0.04	0.07	0.98	-0.15	0.3	0.26	0.03	0.19	-0.06	-0.51	0.52	-0.06	0.35	0.13
Net Receivables	-0.08	-0.22	0.03	-0.09	-0.06	0.33	-0.05	-0.09	-0.05		-0.29	-0.17	0.34	-0.22	0.03	-0.29	-0.44	-0.19	-0.11	-0.35	-0.49	0.25	-0.1	-0.5	-0.3	-0.21
Common Stock Shares Outstanding	0.85	0.75	0.79	0.84	-0.05	-0.96	0.31	0.83	0.3	-0.29		-0.37	0.46	0.75	0.34	0.55	0.86	0.77	-0.28	0.41	0.57	-0.86	0.79	0.59	0.92	0.86
Short Term Investments	-0.61	-0.59	-0.53	-0.6	0.02	0.35	-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	-0.28	0.21	-0.16	-0.28	-0.26	-0.18
Other Stockholder Equity	0.68	0.43	0.75	0.7	0.06	-0.42	0.04	0.71	0.04	0.34	0.46	-0.53		0.43	0.09	0.31	0.15	0.46	-0.56	0.04	0.15	-0.37	0.61	0.16	0.45	0.59
Total Liab	0.86	1.0	0.65	0.9	0.17	-0.75	0.08	0.89	0.07	-0.22	0.75	-0.59	0.43		0.13	0.5	0.59	0.81	-0.03	0.39	0.52	-0.59	0.5	0.52	0.79	0.74
Total Current Assets	0.4	0.13	0.52	0.21	-0.88	-0.37	0.98	0.21	0.98	0.03	0.34	-0.2	0.09	0.13		-0.04	0.32	0.32	0.08	0.34	0.02	-0.56	0.53	0.02	0.37	0.15
Short Long Term Debt Total	0.54	0.5	0.49	0.6	0.34	-0.59	-0.15	0.59	-0.15	-0.29	0.55	-0.35	0.31	0.5	-0.04		0.38	0.74	-0.19	0.72	0.96	-0.56	0.44	0.96	0.53	0.55
Other Current Liab	0.63	0.59	0.56	0.6	-0.03	-0.8	0.3	0.6	0.3	-0.44	0.86	-0.05	0.15	0.59	0.32	0.38		0.49	0.0	0.47	0.47	-0.84	0.66	0.49	0.8	0.74
Non Currrent Assets Other	0.87	0.81	0.78	0.87	-0.05	-0.85	0.26	0.85	0.26	-0.19	0.77	-0.53	0.46	0.81	0.32	0.74	0.49		-0.17	0.52	0.72	-0.75	0.7	0.72	0.84	0.75
Inventory	-0.27	-0.03	-0.39	-0.31	-0.04	0.28	0.03	-0.31	0.03	-0.11	-0.28	-0.04	-0.56	-0.03	0.08	-0.19	0.0	-0.17		0.2	-0.15	0.12	-0.46	-0.15	-0.29	-0.43
Other Current Assets	0.39	0.39	0.34	0.35	0.09	-0.45	0.2	0.35	0.19	-0.35	0.41	-0.21	0.04	0.39	0.34	0.72	0.47	0.52	0.2		0.74	-0.58	0.32	0.74	0.39	0.32
Short Term Debt	0.53	0.52	0.47	0.57	0.27	-0.64	-0.05	0.57	-0.06	-0.49	0.57	-0.28	0.15	0.52	0.02	0.96	0.47	0.72	-0.15	0.74		-0.6	0.44	1.0	0.59	0.56
Accounts Payable	-0.81	-0.59	-0.83	-0.74	0.26	0.9	-0.51	-0.74	-0.51	0.25	-0.86	0.21	-0.37	-0.59	-0.56	-0.56	-0.84	-0.75	0.12	-0.58	-0.6		-0.89	-0.61	-0.9	-0.82
Net Tangible Assets	0.82	0.5	0.92	0.76	-0.34	-0.82	0.53	0.76	0.52	-0.1	0.79	-0.16	0.61	0.5	0.53	0.44	0.66	0.7	-0.46	0.32	0.44	-0.89		0.44	0.88	0.87
Short Long Term Debt	0.53	0.52	0.47	0.57	0.27	-0.65	-0.05	0.57	-0.06	-0.5	0.59	-0.28	0.16	0.52	0.02	0.96	0.49	0.72	-0.15	0.74	1.0	-0.61	0.44		0.59	0.56
Common Stock	0.9	0.79	0.84	0.88	-0.11	-0.96	0.36	0.88	0.35	-0.3	0.92	-0.26	0.45	0.79	0.37	0.53	0.8	0.84	-0.29	0.39	0.59	-0.9	0.88	0.59		0.95
Property Plant Equipment	0.86	0.74	0.81	0.88	0.1	-0.88	0.14	0.88	0.13	-0.21	0.86	-0.18	0.59	0.74	0.15	0.55	0.74	0.75	-0.43	0.32	0.56	-0.82	0.87	0.56	0.95

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QMC Quantum Account Relationship Matchups

QMC Quantum fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.0M	5.6M	5.7M	6.2M	7.1M	4.4M
Total Current Liabilities	2.4M	2.1M	2.4M	2.9M	3.3M	1.9M
Total Stockholder Equity	2.7M	3.5M	3.3M	3.3M	3.8M	2.5M
Property Plant And Equipment Net	4.8M	5.0M	5.3M	5.8M	6.6M	4.0M
Net Debt	352.1K	(338.3K)	(82.8K)	(70.5K)	(81.0K)	(85.1K)
Retained Earnings	(10.3M)	(13.2M)	(13.6M)	(13.9M)	(12.5M)	(11.9M)
Cash	10.4K	481.6K	256.1K	261.6K	300.8K	271.2K
Non Current Assets Total	4.8M	5.0M	5.3M	5.8M	6.6M	4.0M
Cash And Short Term Investments	10.9K	482.0K	256.4K	261.8K	301.1K	274.0K
Net Receivables	1.8K	5.3K	64.1K	15.4K	13.9K	13.2K
Common Stock Shares Outstanding	68.4M	80.0M	87.0M	90.5M	104.1M	109.3M
Short Term Investments	300.0	475.0	350.0	200.0	180.0	171.0
Liabilities And Stockholders Equity	5.0M	5.6M	5.7M	6.2M	7.1M	4.4M
Other Stockholder Equity	3.2M	3.5M	3.8M	3.6M	4.2M	3.3M
Total Liab	2.4M	2.1M	2.4M	2.9M	3.3M	1.9M
Total Current Assets	283.7K	568.5K	389.2K	371.4K	427.1K	417.4K
Accumulated Other Comprehensive Income	(4.7K)	(4.5K)	(4.7K)	(4.8K)	(4.3K)	(4.5K)
Other Current Liab	2.0M	2.0M	2.3M	2.7M	3.1M	3.2M
Other Current Assets	271.0K	81.3K	68.7K	94.2K	108.3K	102.3K
Accounts Payable	834.1K	879.3K	767.4K	797.5K	717.8K	906.5K
Net Tangible Assets	3.1M	2.7M	3.5M	3.3M	3.8M	2.7M
Property Plant Equipment	4.6M	4.8M	5.0M	5.3M	6.1M	4.3M
Net Invested Capital	3.1M	3.6M	3.4M	3.5M	4.0M	3.4M
Net Working Capital	(2.1M)	(1.6M)	(2.1M)	(2.5M)	(2.2M)	(2.4M)

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