Quartz Shareholders Equity Per Share vs Tangible Book Value Per Share Analysis

QZM Stock  CAD 0.36  0.02  5.88%   
Quartz Mountain financial indicator trend analysis is much more than just breaking down Quartz Mountain Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quartz Mountain Resources is a good investment. Please check the relationship between Quartz Mountain Shareholders Equity Per Share and its Tangible Book Value Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quartz Mountain Resources. 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.

Shareholders Equity Per Share vs Tangible Book Value Per Share

Shareholders Equity Per Share vs Tangible Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quartz Mountain Resources Shareholders Equity Per Share account and Tangible Book Value Per Share. At this time, the significance of the direction appears to have totally related.
The correlation between Quartz Mountain's Shareholders Equity Per Share and Tangible Book Value Per Share is 1.0. Overlapping area represents the amount of variation of Shareholders Equity Per Share that can explain the historical movement of Tangible Book Value Per Share in the same time period over historical financial statements of Quartz Mountain Resources, assuming nothing else is changed. The correlation between historical values of Quartz Mountain's Shareholders Equity Per Share and Tangible Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Shareholders Equity Per Share of Quartz Mountain Resources are associated (or correlated) with its Tangible Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tangible Book Value Per Share has no effect on the direction of Shareholders Equity Per Share i.e., Quartz Mountain's Shareholders Equity Per Share and Tangible Book Value Per Share go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Shareholders Equity Per Share

Tangible Book Value Per Share

Most indicators from Quartz Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quartz Mountain Resources 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 Quartz Mountain Resources. 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.
At this time, Quartz Mountain's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.7 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (9.97) in 2024.

Quartz Mountain fundamental ratios Correlations

-0.150.670.74-0.40.010.910.740.40.470.490.490.16-0.130.910.310.680.47-0.150.39-0.250.380.220.420.350.29
-0.15-0.83-0.28-0.070.18-0.11-0.170.190.250.09-0.650.730.99-0.1-0.72-0.260.4-0.35-0.40.990.210.35-0.880.150.28
0.67-0.830.61-0.19-0.130.610.510.090.080.20.77-0.47-0.820.60.730.59-0.070.180.53-0.880.0-0.170.90.08-0.06
0.74-0.280.610.19-0.280.440.960.36-0.06-0.050.66-0.09-0.240.430.430.130.17-0.130.51-0.330.4-0.030.610.150.06
-0.4-0.07-0.190.19-0.71-0.610.15-0.09-0.93-0.880.23-0.37-0.05-0.630.27-0.81-0.530.150.230.02-0.05-0.390.05-0.47-0.46
0.010.18-0.13-0.28-0.710.07-0.140.060.770.72-0.530.430.190.1-0.620.330.62-0.34-0.560.140.330.42-0.120.450.44
0.91-0.110.610.44-0.610.070.40.370.60.570.390.19-0.111.00.270.820.42-0.120.32-0.220.10.210.290.280.24
0.74-0.170.510.960.15-0.140.40.320.020.10.50.04-0.120.40.290.150.33-0.140.38-0.220.630.110.490.280.21
0.40.190.090.36-0.090.060.370.320.120.040.430.150.190.35-0.230.030.11-0.920.410.170.05-0.450.17-0.48-0.48
0.470.250.08-0.06-0.930.770.60.020.120.9-0.350.570.250.62-0.410.720.79-0.22-0.340.150.260.61-0.140.620.62
0.490.090.2-0.05-0.880.720.570.10.040.9-0.280.420.120.61-0.280.820.72-0.1-0.260.020.470.55-0.080.610.6
0.49-0.650.770.660.23-0.530.390.50.43-0.35-0.28-0.55-0.650.370.710.17-0.4-0.120.8-0.66-0.23-0.610.8-0.47-0.57
0.160.73-0.47-0.09-0.370.430.190.040.150.570.42-0.550.760.2-0.640.080.7-0.28-0.450.690.40.59-0.590.390.47
-0.130.99-0.82-0.24-0.050.19-0.11-0.120.190.250.12-0.650.76-0.1-0.73-0.260.46-0.35-0.410.990.290.4-0.870.170.3
0.91-0.10.60.43-0.630.11.00.40.350.620.610.370.2-0.10.250.840.45-0.120.3-0.210.130.230.280.30.27
0.31-0.720.730.430.27-0.620.270.29-0.23-0.41-0.280.71-0.64-0.730.250.22-0.460.520.57-0.73-0.25-0.280.63-0.12-0.2
0.68-0.260.590.13-0.810.330.820.150.030.720.820.170.08-0.260.840.220.410.10.05-0.350.130.310.250.430.38
0.470.4-0.070.17-0.530.620.420.330.110.790.72-0.40.70.460.45-0.460.41-0.21-0.380.320.620.82-0.240.660.68
-0.15-0.350.18-0.130.15-0.34-0.12-0.14-0.92-0.22-0.1-0.12-0.28-0.35-0.120.520.1-0.21-0.14-0.35-0.110.340.010.40.39
0.39-0.40.530.510.23-0.560.320.380.41-0.34-0.260.8-0.45-0.410.30.570.05-0.38-0.14-0.4-0.21-0.540.5-0.43-0.48
-0.250.99-0.88-0.330.020.14-0.22-0.220.170.150.02-0.660.690.99-0.21-0.73-0.350.32-0.35-0.40.20.28-0.90.070.2
0.380.210.00.4-0.050.330.10.630.050.260.47-0.230.40.290.13-0.250.130.62-0.11-0.210.20.48-0.080.540.53
0.220.35-0.17-0.03-0.390.420.210.11-0.450.610.55-0.610.590.40.23-0.280.310.820.34-0.540.280.48-0.380.870.9
0.42-0.880.90.610.05-0.120.290.490.17-0.14-0.080.8-0.59-0.870.280.630.25-0.240.010.5-0.9-0.08-0.38-0.14-0.29
0.350.150.080.15-0.470.450.280.28-0.480.620.61-0.470.390.170.3-0.120.430.660.4-0.430.070.540.87-0.140.99
0.290.28-0.060.06-0.460.440.240.21-0.480.620.6-0.570.470.30.27-0.20.380.680.39-0.480.20.530.9-0.290.99
Click cells to compare fundamentals

Quartz Mountain Account Relationship Matchups

Quartz Mountain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets218.6K598.6K842.6K863.6K3.0M3.2M
Total Current Liabilities80.0K93.7K299.5K50.5K322.9K306.7K
Total Stockholder Equity138.6K463.5K510.3K790.7K2.7M2.8M
Net Debt(206.5K)(157.6K)(280.5K)(64.7K)(74.4K)(78.1K)
Retained Earnings(27.6M)(27.7M)(28.7M)(29.6M)(32.1M)(33.7M)
Cash206.5K206.4K321.8K97.5K1.9M2.0M
Cash And Short Term Investments206.5K206.4K321.8K97.5K87.7K83.3K
Net Receivables4.8K3.3K17.9K4.0K3.6K3.4K
Common Stock Shares Outstanding19.2M26.9M37.2M43.2M58.9M61.8M
Liabilities And Stockholders Equity218.6K598.6K842.6K863.6K777.2K616.7K
Total Liab80.0K135.0K332.3K72.9K333.0K316.4K
Total Current Assets218.6K211.6K340.4K121.4K2.0M2.1M
Common Stock27.2M27.6M28.4M29.0M33.3M30.1M
Accounts Payable4.2K24.4K170.7K23.1K226.1K237.4K
Other Current Assets7.2K1.8K791.019.9K17.9K18.8K
Other Current Liab75.8K61.8K120.2K17.0K19.6K18.6K
Net Tangible Assets(3.0M)138.6K463.5K510.3K586.8K616.1K
Net Invested Capital138.6K463.5K510.3K790.7K2.7M2.8M
Net Working Capital138.6K117.8K40.9K70.9K1.7M1.8M
Capital Stock27.2M27.6M28.4M29.0M33.3M31.2M

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Additional Tools for Quartz Stock Analysis

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