Queste Change In Working Capital vs Investments Analysis

QUE Stock   0.05  0.00  0.00%   
Queste Communications financial indicator trend analysis is much more than just breaking down Queste Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Queste Communications is a good investment. Please check the relationship between Queste Communications Change In Working Capital and its Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Queste Communications. 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.

Change In Working Capital vs Investments

Change In Working Capital vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Queste Communications Change In Working Capital account and Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Queste Communications' Change In Working Capital and Investments is 0.05. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Investments in the same time period over historical financial statements of Queste Communications, assuming nothing else is changed. The correlation between historical values of Queste Communications' Change In Working Capital and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Queste Communications are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change In Working Capital i.e., Queste Communications' Change In Working Capital and Investments go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Queste Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Queste Communications 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 Queste Communications. 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.
Tax Provision is likely to gain to about 1.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 88.1 K in 2024.
 2023 2024 (projected)
Cost Of Revenue10.6K10.0K
Research Development25.0K23.7K

Queste Communications fundamental ratios Correlations

0.080.080.820.49-0.450.75-0.130.450.760.270.750.24-0.190.31-0.15-0.010.490.760.07-0.190.25-0.41-0.180.220.5
0.081.0-0.4-0.40.0-0.04-0.420.0-0.430.04-0.160.96-0.79-0.48-0.950.83-0.40.44-0.26-0.790.95-0.23-0.930.94-0.41
0.081.0-0.4-0.41-0.02-0.03-0.380.02-0.440.04-0.160.96-0.78-0.49-0.960.83-0.410.45-0.23-0.780.95-0.24-0.940.95-0.42
0.82-0.4-0.40.63-0.580.80.20.580.840.30.82-0.220.380.440.28-0.380.630.530.40.38-0.26-0.390.25-0.220.65
0.49-0.4-0.410.630.030.61-0.01-0.030.82-0.370.16-0.350.160.620.44-0.411.0-0.07-0.040.16-0.34-0.480.43-0.321.0
-0.450.0-0.02-0.580.03-0.67-0.42-1.0-0.1-0.5-0.74-0.18-0.380.250.170.160.03-0.7-0.79-0.38-0.020.330.22-0.180.0
0.75-0.04-0.030.80.61-0.670.120.670.620.150.620.130.140.22-0.05-0.230.610.580.40.140.02-0.56-0.070.140.63
-0.13-0.42-0.380.2-0.01-0.420.120.41-0.1-0.010.14-0.250.61-0.150.22-0.42-0.01-0.050.680.61-0.34-0.030.17-0.220.01
0.450.00.020.58-0.03-1.00.670.410.10.50.740.180.38-0.25-0.17-0.16-0.030.70.790.380.02-0.33-0.220.180.0
0.76-0.43-0.440.840.82-0.10.62-0.10.1-0.010.5-0.320.10.770.41-0.350.820.22-0.120.1-0.27-0.320.39-0.330.83
0.270.040.040.3-0.37-0.50.15-0.010.5-0.010.570.180.15-0.16-0.220.16-0.370.550.340.150.160.12-0.250.17-0.35
0.75-0.16-0.160.820.16-0.740.620.140.740.50.570.00.310.130.03-0.110.160.80.50.31-0.06-0.090.0-0.030.18
0.240.960.96-0.22-0.35-0.180.13-0.250.18-0.320.180.0-0.73-0.45-0.990.78-0.350.59-0.12-0.740.98-0.33-0.990.99-0.35
-0.19-0.79-0.780.380.16-0.380.140.610.380.10.150.31-0.730.060.68-0.660.16-0.210.711.0-0.830.090.67-0.710.18
0.31-0.48-0.490.440.620.250.22-0.15-0.250.77-0.160.13-0.450.060.52-0.190.62-0.17-0.460.07-0.350.070.51-0.470.61
-0.15-0.95-0.960.280.440.17-0.050.22-0.170.41-0.220.03-0.990.680.52-0.80.44-0.550.080.68-0.960.290.99-0.980.44
-0.010.830.83-0.38-0.410.16-0.23-0.42-0.16-0.350.16-0.110.78-0.66-0.19-0.8-0.410.36-0.38-0.660.83-0.06-0.790.76-0.42
0.49-0.4-0.410.631.00.030.61-0.01-0.030.82-0.370.16-0.350.160.620.44-0.41-0.07-0.040.16-0.34-0.480.43-0.321.0
0.760.440.450.53-0.07-0.70.58-0.050.70.220.550.80.59-0.21-0.17-0.550.36-0.070.32-0.210.53-0.26-0.580.56-0.05
0.07-0.26-0.230.4-0.04-0.790.40.680.79-0.120.340.5-0.120.71-0.460.08-0.38-0.040.320.71-0.29-0.210.05-0.09-0.02
-0.19-0.79-0.780.380.16-0.380.140.610.380.10.150.31-0.741.00.070.68-0.660.16-0.210.71-0.840.090.67-0.710.18
0.250.950.95-0.26-0.34-0.020.02-0.340.02-0.270.16-0.060.98-0.83-0.35-0.960.83-0.340.53-0.29-0.84-0.27-0.960.96-0.35
-0.41-0.23-0.24-0.39-0.480.33-0.56-0.03-0.33-0.320.12-0.09-0.330.090.070.29-0.06-0.48-0.26-0.210.09-0.270.31-0.39-0.48
-0.18-0.93-0.940.250.430.22-0.070.17-0.220.39-0.250.0-0.990.670.510.99-0.790.43-0.580.050.67-0.960.31-0.980.43
0.220.940.95-0.22-0.32-0.180.14-0.220.18-0.330.17-0.030.99-0.71-0.47-0.980.76-0.320.56-0.09-0.710.96-0.39-0.98-0.32
0.5-0.41-0.420.651.00.00.630.010.00.83-0.350.18-0.350.180.610.44-0.421.0-0.05-0.020.18-0.35-0.480.43-0.32
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Queste Communications Account Relationship Matchups

Queste Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2M7.7M3.4M2.6M6.7M11.0M
Other Current Liab562.0K446.3K346.6K341.2K1.9M2.0M
Total Current Liabilities596.9K459.2K382.2K396.7K1.9M2.0M
Total Stockholder Equity551.7K4.0M1.4M897.4K2.0M1.9M
Property Plant And Equipment Net9.2K6.0K4.3K3.2K2.0K1.9K
Net Debt(352.3K)(211.7K)(23.1K)(148.2K)(1.5M)(1.5M)
Retained Earnings(11.3M)(14.1M)(16.9M)(17.8M)(6.7M)(6.3M)
Accounts Payable34.9K12.9K35.6K55.5K18.9K17.9K
Cash352.3K211.7K23.1K148.2K1.5M1.5M
Non Current Assets Total1.3M4.8M2.3M1.9M1.9M1.8M
Non Currrent Assets Other1.1M1.1M1.8M1.2M1.9M1.3M
Cash And Short Term Investments802.3K2.9M1.1M748.2K1.9M1.8M
Net Receivables29.7K96.3K16.8K1.4K3M3.2M
Liabilities And Stockholders Equity2.2M7.7M3.4M2.6M6.7M7.3M
Other Stockholder Equity371.2K567.6K(985.8K)884.7K(13.0M)(12.4M)
Total Liab596.9K824.3K787.3K801.8K2.0M1.1M
Property Plant And Equipment Gross9.2K6.0K4.3K3.2K2.0K1.9K
Total Current Assets898.5K2.9M1.1M749.6K4.9M5.5M
Accumulated Other Comprehensive Income5.6M11.9M12.1M12.4M15.5M16.2M
Other Assets1.1M1.1M1.8M1.9M6.7M7.1M
Non Current Liabilities Total526.3K596.9K365.1K405.1K91.6K87.1K
Other Current Assets(448.5K)(228.5K)(23.1K)(149.6K)3M3.2M
Property Plant Equipment9.2K6.0K4.3K3.2K2.9K2.8K
Net Tangible Assets551.7K4.0M1.4M897.4K807.7K767.3K
Long Term Investments1.6M169.8K3.0M560.6K504.6K479.4K
Net Invested Capital551.7K4.0M1.4M897.4K2.0M1.5M
Cash And Equivalents352.3K211.8K23.1K148.2K133.4K226.3K
Net Working Capital301.6K2.4M740.9K352.9K2.9M3.1M

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