QTI Net Tangible Assets vs Other Current Assets Analysis

QTI Stock   0.50  0.03  6.38%   
QT Imaging financial indicator trend analysis is much more than just breaking down QT Imaging Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QT Imaging Holdings is a good investment. Please check the relationship between QT Imaging Net Tangible Assets and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QT Imaging Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Tangible Assets vs Other Current Assets

Net Tangible Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QT Imaging Holdings Net Tangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between QT Imaging's Net Tangible Assets and Other Current Assets is 0.09. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of QT Imaging Holdings, assuming nothing else is changed. The correlation between historical values of QT Imaging's Net Tangible Assets and Other 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 Tangible Assets of QT Imaging Holdings are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Tangible Assets i.e., QT Imaging's Net Tangible Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from QT Imaging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QT Imaging Holdings 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 QT Imaging Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
As of now, QT Imaging's Sales General And Administrative To Revenue is decreasing as compared to previous years. The QT Imaging's current Enterprise Value is estimated to increase to about 200.4 M, while Tax Provision is projected to decrease to under 339.5 K.
 2010 2022 2023 2024 (projected)
Net Interest Income6.0K1.6M1.4M1.1M
Tax Provision1.8K486.6K437.4K339.5K

QT Imaging fundamental ratios Correlations

-0.420.870.90.85-0.720.990.760.740.07-0.820.88-0.780.90.9-0.690.81-0.780.75-0.98-0.69-0.82-0.790.13-0.930.87
-0.420.07-0.32-0.640.25-0.370.270.30.83-0.04-0.2-0.15-0.3-0.33-0.310.2-0.150.280.36-0.30.74-0.02-0.950.690.07
0.870.070.850.63-0.710.90.980.970.55-0.950.9-0.960.860.85-0.940.99-0.960.97-0.9-0.94-0.54-0.92-0.35-0.671.0
0.9-0.320.850.93-0.950.950.730.710.26-0.930.99-0.881.01.0-0.790.78-0.880.72-0.96-0.8-0.87-0.940.09-0.880.87
0.85-0.640.630.93-0.890.880.460.42-0.1-0.740.88-0.650.920.93-0.510.52-0.650.44-0.9-0.52-0.99-0.750.45-0.960.65
-0.720.25-0.71-0.95-0.89-0.8-0.6-0.57-0.310.89-0.940.83-0.95-0.950.74-0.640.83-0.590.830.750.820.92-0.090.76-0.75
0.99-0.370.90.950.88-0.80.790.770.15-0.880.94-0.840.950.95-0.750.83-0.840.78-1.0-0.76-0.83-0.860.09-0.920.9
0.760.270.980.730.46-0.60.791.00.68-0.90.8-0.940.750.73-0.961.0-0.941.0-0.78-0.96-0.34-0.86-0.54-0.490.97
0.740.30.970.710.42-0.570.771.00.7-0.890.78-0.930.720.71-0.960.99-0.931.0-0.76-0.95-0.31-0.85-0.57-0.460.96
0.070.830.550.26-0.1-0.310.150.680.7-0.580.37-0.660.280.25-0.770.63-0.660.68-0.17-0.760.24-0.57-0.910.20.56
-0.82-0.04-0.95-0.93-0.740.89-0.88-0.9-0.89-0.58-0.970.99-0.94-0.930.96-0.920.99-0.890.890.960.631.00.280.68-0.96
0.88-0.20.90.990.88-0.940.940.80.780.37-0.97-0.931.00.99-0.860.84-0.930.79-0.96-0.86-0.8-0.97-0.04-0.830.92
-0.78-0.15-0.96-0.88-0.650.83-0.84-0.94-0.93-0.660.99-0.93-0.89-0.880.99-0.951.0-0.940.850.990.530.980.390.6-0.97
0.9-0.30.861.00.92-0.950.950.750.720.28-0.941.0-0.891.0-0.80.79-0.890.74-0.96-0.81-0.86-0.950.06-0.870.88
0.9-0.330.851.00.93-0.950.950.730.710.25-0.930.99-0.881.0-0.780.78-0.880.72-0.96-0.79-0.87-0.940.09-0.890.87
-0.69-0.31-0.94-0.79-0.510.74-0.75-0.96-0.96-0.770.96-0.860.99-0.8-0.78-0.960.99-0.960.761.00.380.940.540.46-0.95
0.810.20.990.780.52-0.640.831.00.990.63-0.920.84-0.950.790.78-0.96-0.951.0-0.83-0.96-0.42-0.89-0.47-0.560.99
-0.78-0.15-0.96-0.88-0.650.83-0.84-0.94-0.93-0.660.99-0.931.0-0.89-0.880.99-0.95-0.940.850.990.530.980.390.6-0.97
0.750.280.970.720.44-0.590.781.01.00.68-0.890.79-0.940.740.72-0.961.0-0.94-0.77-0.95-0.33-0.86-0.55-0.480.97
-0.980.36-0.9-0.96-0.90.83-1.0-0.78-0.76-0.170.89-0.960.85-0.96-0.960.76-0.830.85-0.770.770.850.88-0.090.92-0.9
-0.69-0.3-0.94-0.8-0.520.75-0.76-0.96-0.95-0.760.96-0.860.99-0.81-0.791.0-0.960.99-0.950.770.40.950.530.47-0.95
-0.820.74-0.54-0.87-0.990.82-0.83-0.34-0.310.240.63-0.80.53-0.86-0.870.38-0.420.53-0.330.850.40.65-0.570.97-0.56
-0.79-0.02-0.92-0.94-0.750.92-0.86-0.86-0.85-0.571.0-0.970.98-0.95-0.940.94-0.890.98-0.860.880.950.650.250.68-0.94
0.13-0.95-0.350.090.45-0.090.09-0.54-0.57-0.910.28-0.040.390.060.090.54-0.470.39-0.55-0.090.53-0.570.25-0.46-0.34
-0.930.69-0.67-0.88-0.960.76-0.92-0.49-0.460.20.68-0.830.6-0.87-0.890.46-0.560.6-0.480.920.470.970.68-0.46-0.67
0.870.071.00.870.65-0.750.90.970.960.56-0.960.92-0.970.880.87-0.950.99-0.970.97-0.9-0.95-0.56-0.94-0.34-0.67
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QT Imaging Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether QT Imaging Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of QT Imaging'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 Qt Imaging Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qt Imaging Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QT Imaging Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Asset Management & Custody Banks 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 QT Imaging. If investors know QTI 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 QT Imaging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.40)
Revenue Per Share
0.098
Quarterly Revenue Growth
537.497
Return On Assets
(0.54)
Return On Equity
(1.79)
The market value of QT Imaging Holdings is measured differently than its book value, which is the value of QTI that is recorded on the company's balance sheet. Investors also form their own opinion of QT Imaging's value that differs from its market value or its book value, called intrinsic value, which is QT Imaging'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 QT Imaging's market value can be influenced by many factors that don't directly affect QT Imaging'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 QT Imaging's value and its price as these two are different measures arrived at by different means. Investors typically determine if QT Imaging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QT Imaging'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.