Quest Long Term Debt vs Net Working Capital Analysis
QRHC Stock | USD 6.98 0.03 0.43% |
Quest Resource financial indicator trend analysis is much more than just breaking down Quest Resource Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quest Resource Holding is a good investment. Please check the relationship between Quest Resource Long Term Debt and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quest Resource Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Long Term Debt vs Net Working Capital
Long Term Debt vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quest Resource Holding Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Quest Resource's Long Term Debt and Net Working Capital is 0.92. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Quest Resource Holding, assuming nothing else is changed. The correlation between historical values of Quest Resource's Long Term Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Quest Resource Holding are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., Quest Resource's Long Term Debt and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Quest Resource Holding has held for over one year. Long-term debt appears on Quest Resource Holding balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Quest Resource Holding balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Net Working Capital
Most indicators from Quest Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quest Resource Holding 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 Quest Resource Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At present, Quest Resource's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 17.20, whereas Tax Provision is forecasted to decline to about 180.2 K.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 155.7M | 284.0M | 288.4M | 302.8M | Depreciation And Amortization | 3.0M | 10.4M | 9.9M | 10.4M |
Quest Resource fundamental ratios Correlations
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Quest Resource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quest Resource fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 80.7M | 102.2M | 175.7M | 181.5M | 177.1M | 186.0M | |
Other Current Liab | (627.9K) | 2.7M | 6.2M | 4.6M | 2.7M | 3.8M | |
Total Current Liabilities | 13.3M | 17.3M | 37.7M | 38.1M | 44.9M | 47.2M | |
Total Stockholder Equity | 61.6M | 68.0M | 73.6M | 71.1M | 66.3M | 47.2M | |
Net Debt | 1.1M | 8.1M | 55.3M | 62.2M | 67.2M | 70.6M | |
Retained Earnings | (99.2M) | (98.4M) | (96.7M) | (102.8M) | (110.0M) | (104.5M) | |
Accounts Payable | 13.3M | 12.5M | 26.4M | 28.7M | 38.6M | 40.5M | |
Cash | 3.4M | 7.5M | 8.4M | 9.6M | 324.0K | 307.8K | |
Cash And Short Term Investments | 3.4M | 7.5M | 8.4M | 9.6M | 324.0K | 307.8K | |
Net Receivables | 13.9M | 17.4M | 39.9M | 45.9M | 58.1M | 61.1M | |
Common Stock Total Equity | 15.4K | 18.4K | 19.0K | 19.7K | 17.7K | 29.3K | |
Common Stock Shares Outstanding | 15.3M | 16.8M | 20.7M | 19.5M | 20.1M | 11.4M | |
Liabilities And Stockholders Equity | 80.7M | 102.2M | 175.7M | 181.5M | 177.1M | 186.0M | |
Inventory | 245.0 | (266.0) | (238.0) | (566.0) | (650.9) | (618.35) | |
Other Current Assets | 1.1M | 1.1M | 2.0M | 2.3M | 2.1M | 2.2M | |
Total Liab | 19.0M | 34.2M | 102.0M | 110.4M | 110.8M | 116.4M | |
Total Current Assets | 18.4M | 26.0M | 50.3M | 57.8M | 60.6M | 63.6M | |
Other Stockholder Equity | 160.9M | 166.4M | 170.3M | 173.9M | 176.3M | 121.3M | |
Short Long Term Debt Total | 5.2M | 15.6M | 63.7M | 71.7M | 67.6M | 70.9M | |
Non Currrent Assets Other | 306.6K | 293.3K | 1.1M | 574.0K | 387.9K | 393.6K | |
Non Current Liabilities Total | 5.7M | 16.9M | 64.3M | 72.3M | 65.9M | 69.2M | |
Property Plant And Equipment Gross | 2.1M | 3.4M | 6.3M | 7.5M | 6.9M | 7.3M | |
Short Term Debt | 627.9K | 624K | 1.3M | 1.6M | 1.7M | 2.9M | |
Intangible Assets | 1.6M | 6.5M | 39.1M | 33.6M | 26.1M | 27.4M | |
Property Plant And Equipment Net | 2.4M | 3.4M | 5.6M | 5.9M | 4.0M | 2.3M | |
Non Current Assets Total | 62.2M | 76.2M | 125.3M | 123.7M | 116.5M | 72.5M | |
Net Tangible Assets | 1.8M | (4.8M) | (46.1M) | (46.7M) | (42.0M) | (39.9M) | |
Other Assets | 60K | 46.7K | 862.4K | 1.0 | 0.9 | 0.86 | |
Long Term Debt | 4.5M | 14.9M | 62.4M | 70.6M | 64.6M | 67.9M | |
Retained Earnings Total Equity | (99.2M) | (98.4M) | (96.7M) | (102.8M) | (92.5M) | (97.1M) | |
Long Term Debt Total | 4.5M | 14.9M | 62.4M | 70.6M | 81.2M | 85.2M | |
Capital Surpluse | 160.9M | 166.4M | 170.3M | 173.9M | 200.0M | 160.0M | |
Non Current Liabilities Other | 1.1M | 2.0M | 1.9M | 1.7M | 2.0M | 2.1M | |
Property Plant Equipment | 2.4M | 3.4M | 5.6M | 5.9M | 6.8M | 7.1M | |
Other Liab | 353.0 | 4.2K | 2.0M | 1.9M | 1.7M | 2.2M | |
Current Deferred Revenue | 19K | 1.4M | 3.7M | 2.7M | 1.5M | 1.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Quest Resource Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quest Resource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quest Resource Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quest Resource Holding Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quest Resource Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quest Resource. If investors know Quest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quest Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.667 | Earnings Share (0.38) | Revenue Per Share 14.016 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0146 |
The market value of Quest Resource Holding is measured differently than its book value, which is the value of Quest that is recorded on the company's balance sheet. Investors also form their own opinion of Quest Resource's value that differs from its market value or its book value, called intrinsic value, which is Quest Resource's 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 Quest Resource's market value can be influenced by many factors that don't directly affect Quest Resource's 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 Quest Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quest Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quest Resource'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.