QMMM Current Deferred Revenue vs Intangible Assets Analysis
QMMM Stock | 0.76 0.07 8.43% |
QMMM Holdings financial indicator trend analysis is much more than just breaking down QMMM Holdings Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QMMM Holdings Limited is a good investment. Please check the relationship between QMMM Holdings Current Deferred Revenue and its Intangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QMMM Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Current Deferred Revenue vs Intangible Assets
Current Deferred Revenue vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QMMM Holdings Limited Current Deferred Revenue account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between QMMM Holdings' Current Deferred Revenue and Intangible Assets is -0.89. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of QMMM Holdings Limited, assuming nothing else is changed. The correlation between historical values of QMMM Holdings' Current Deferred Revenue and Intangible 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 Current Deferred Revenue of QMMM Holdings Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Current Deferred Revenue i.e., QMMM Holdings' Current Deferred Revenue and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from QMMM Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QMMM Holdings Limited 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 QMMM Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, QMMM Holdings' Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.65, while Tax Provision is likely to drop 3,051.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 205.3K | 204.6K | 235.3K | 220.8K | Interest Income | 10.0 | 1.9K | 2.1K | 2.2K |
QMMM Holdings fundamental ratios Correlations
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QMMM Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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The market value of QMMM Holdings Limited is measured differently than its book value, which is the value of QMMM that is recorded on the company's balance sheet. Investors also form their own opinion of QMMM Holdings' value that differs from its market value or its book value, called intrinsic value, which is QMMM Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because QMMM Holdings' market value can be influenced by many factors that don't directly affect QMMM Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between QMMM Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if QMMM Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QMMM Holdings' 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.