Queste Total Stockholder Equity vs Total Current Assets 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 Total Stockholder Equity and its Total Current Assets 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.

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Queste Communications Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Queste Communications' Total Stockholder Equity and Total Current Assets is 0.53. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets 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' Total Stockholder Equity and Total 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 Total Stockholder Equity of Queste Communications are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Queste Communications' Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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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