QuinStreet Accounts Payable vs Total Assets Analysis

QNST Stock  USD 18.45  0.04  0.22%   
QuinStreet financial indicator trend analysis is much more than just breaking down QuinStreet prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QuinStreet is a good investment. Please check the relationship between QuinStreet Accounts Payable and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuinStreet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy QuinStreet Stock please use our How to Invest in QuinStreet guide.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QuinStreet Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between QuinStreet's Accounts Payable and Total Assets is 0.44. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of QuinStreet, assuming nothing else is changed. The correlation between historical values of QuinStreet's Accounts Payable and Total 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 Accounts Payable of QuinStreet are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., QuinStreet's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents QuinStreet obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of QuinStreet are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of QuinStreet assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in QuinStreet books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from QuinStreet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QuinStreet 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 QuinStreet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy QuinStreet Stock please use our How to Invest in QuinStreet guide.At this time, QuinStreet's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.06 in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (310.43).
 2021 2022 2023 2024 (projected)
Interest Expense1.1M790K711K675.5K
Depreciation And Amortization17.0M19.2M17.2M14.1M

QuinStreet fundamental ratios Correlations

0.44-0.56-0.230.880.560.740.6-0.6-0.74-0.30.960.610.230.320.40.190.920.030.88-0.51-0.250.88-0.030.60.62
0.440.360.00.670.970.540.520.02-0.030.620.440.750.93-0.440.440.80.450.820.440.410.030.360.790.520.88
-0.560.360.25-0.390.24-0.4-0.360.810.860.84-0.62-0.110.55-0.64-0.130.47-0.580.74-0.470.910.48-0.490.65-0.360.07
-0.230.00.25-0.09-0.01-0.17-0.370.410.160.16-0.18-0.060.110.090.060.17-0.110.15-0.120.150.0-0.090.13-0.37-0.03
0.880.67-0.39-0.090.730.890.69-0.59-0.68-0.020.920.780.50.160.570.430.910.230.76-0.26-0.390.740.330.690.78
0.560.970.24-0.010.730.550.53-0.02-0.170.460.540.810.87-0.330.480.810.550.750.610.230.020.540.660.530.93
0.740.54-0.4-0.170.890.550.57-0.57-0.610.00.820.580.430.160.570.250.830.140.57-0.17-0.420.560.360.570.58
0.60.52-0.36-0.370.690.530.57-0.67-0.47-0.080.580.640.27-0.040.040.250.510.180.55-0.2-0.030.480.171.00.58
-0.60.020.810.41-0.59-0.02-0.57-0.670.810.5-0.68-0.410.24-0.25-0.220.14-0.60.47-0.420.60.55-0.420.24-0.67-0.22
-0.74-0.030.860.16-0.68-0.17-0.61-0.470.810.64-0.83-0.560.2-0.43-0.46-0.03-0.790.47-0.720.80.59-0.730.35-0.47-0.39
-0.30.620.840.16-0.020.460.0-0.080.50.64-0.290.120.8-0.750.180.52-0.260.81-0.40.950.17-0.450.91-0.080.27
0.960.44-0.62-0.180.920.540.820.58-0.68-0.83-0.290.650.240.310.520.210.97-0.020.83-0.52-0.430.830.030.580.63
0.610.75-0.11-0.060.780.810.580.64-0.41-0.560.120.650.53-0.240.560.80.620.310.7-0.1-0.30.650.390.640.95
0.230.930.550.110.50.870.430.270.240.20.80.240.53-0.510.430.740.270.910.180.630.090.130.910.270.69
0.32-0.44-0.640.090.16-0.330.16-0.04-0.25-0.43-0.750.31-0.24-0.51-0.09-0.530.34-0.530.34-0.74-0.180.4-0.63-0.04-0.28
0.40.44-0.130.060.570.480.570.04-0.22-0.460.180.520.560.43-0.090.450.520.050.34-0.05-0.760.330.350.040.51
0.190.80.470.170.430.810.250.250.14-0.030.520.210.80.74-0.530.450.210.660.370.380.010.330.660.250.86
0.920.45-0.58-0.110.910.550.830.51-0.6-0.79-0.260.970.620.270.340.520.210.020.8-0.49-0.420.790.060.510.63
0.030.820.740.150.230.750.140.180.470.470.81-0.020.310.91-0.530.050.660.020.040.720.450.00.840.180.54
0.880.44-0.47-0.120.760.610.570.55-0.42-0.72-0.40.830.70.180.340.340.370.80.04-0.59-0.10.99-0.140.550.71
-0.510.410.910.15-0.260.23-0.17-0.20.60.80.95-0.52-0.10.63-0.74-0.050.38-0.490.72-0.590.31-0.610.81-0.20.05
-0.250.030.480.0-0.390.02-0.42-0.030.550.590.17-0.43-0.30.09-0.18-0.760.01-0.420.45-0.10.31-0.110.02-0.03-0.12
0.880.36-0.49-0.090.740.540.560.48-0.42-0.73-0.450.830.650.130.40.330.330.790.00.99-0.61-0.11-0.180.480.64
-0.030.790.650.130.330.660.360.170.240.350.910.030.390.91-0.630.350.660.060.84-0.140.810.02-0.180.170.51
0.60.52-0.36-0.370.690.530.571.0-0.67-0.47-0.080.580.640.27-0.040.040.250.510.180.55-0.2-0.030.480.170.58
0.620.880.07-0.030.780.930.580.58-0.22-0.390.270.630.950.69-0.280.510.860.630.540.710.05-0.120.640.510.58
Click cells to compare fundamentals

QuinStreet Account Relationship Matchups

QuinStreet fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding53.4M55.1M54.3M53.8M61.9M47.3M
Total Assets358.4M449.9M419.9M337.2M387.7M367.2M
Other Current Liab6.7M12.7M61.8M7.9M7.1M6.7M
Total Current Liabilities85.8M115.6M109.6M89.8M103.3M78.5M
Total Stockholder Equity255.9M295.6M286M229.8M264.3M236.6M
Other Liab7.9M30.2M20.5M16.3M18.7M9.9M
Property Plant And Equipment Net14.8M17.8M16.1M20.3M23.3M24.5M
Current Deferred Revenue73K33K341K9K8.1K7.7K
Net Debt(98.8M)(101.8M)(92.6M)(72.4M)(65.2M)(61.9M)
Retained Earnings(48.5M)(24.6M)(30.2M)(99.1M)(89.2M)(84.7M)
Accounts Payable36.8M45.2M42.4M37.9M43.6M29.0M
Cash107.5M110.3M96.4M73.7M84.7M86.6M
Non Current Assets Total172.8M243.7M237.1M186.0M167.4M145.3M
Non Currrent Assets Other522K5.1M5.9M5.8M6.7M4.1M
Other Assets49.2M48.9M50.2M5.8M6.7M6.4M
Cash And Short Term Investments107.5M110.3M96.4M73.7M66.3M70.5M
Net Receivables64.5M87.9M81.4M67.7M77.9M60.1M
Good Will82.5M80.7M117.8M121.1M109.0M92.7M
Common Stock Total Equity50K52K54K53K61.0K47.6K
Liabilities And Stockholders Equity358.4M449.9M419.9M337.2M387.7M367.2M
Non Current Liabilities Total16.6M38.8M24.3M17.5M15.8M15.0M
Other Current Assets792K546K598K9.8M8.8M5.6M
Other Stockholder Equity304.7M320.3M316.4M329.1M378.5M229.4M
Total Liab102.5M154.4M133.9M107.4M96.6M95.0M
Property Plant And Equipment Gross14.8M17.8M16.1M20.3M23.3M24.5M
Total Current Assets185.6M206.2M182.8M151.2M173.9M167.4M
Accumulated Other Comprehensive Income(237K)(255K)(261K)(266K)(239.4K)(251.4K)
Short Term Debt42.3M57.7M5.1M44.0M50.6M53.1M
Intangible Assets28.2M59.2M49.7M38.7M34.8M29.4M
Common Stock50K52K54K53K62.1K48.3K
Property Plant Equipment14.8M17.8M16.1M20.3M23.3M24.5M
Net Tangible Assets147.1M118.5M115.2M70.0M80.5M88.9M
Retained Earnings Total Equity(66.6M)(48.5M)(25.0M)(30.2M)(27.2M)(28.6M)
Capital Surpluse289.8M304.7M320.3M316.4M363.9M296.7M
Inventory12.8M7.4M4.3M1.01.151.09

Pair Trading with QuinStreet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if QuinStreet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in QuinStreet will appreciate offsetting losses from the drop in the long position's value.

Moving together with QuinStreet Stock

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Moving against QuinStreet Stock

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  0.59DLPN Dolphin EntertainmentPairCorr
  0.52VSME VS Media HoldingsPairCorr
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  0.42ADD Color Star TechnologyPairCorr
The ability to find closely correlated positions to QuinStreet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QuinStreet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back QuinStreet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling QuinStreet to buy it.
The correlation of QuinStreet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as QuinStreet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QuinStreet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for QuinStreet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether QuinStreet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if QuinStreet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Quinstreet Stock. Highlighted below are key reports to facilitate an investment decision about Quinstreet Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuinStreet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy QuinStreet Stock please use our How to Invest in QuinStreet guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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Is QuinStreet's industry 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 QuinStreet. If investors know QuinStreet 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 QuinStreet 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
1.426
Earnings Share
(1.57)
Revenue Per Share
9.987
Quarterly Revenue Growth
0.293
Return On Assets
(0.05)
The market value of QuinStreet is measured differently than its book value, which is the value of QuinStreet that is recorded on the company's balance sheet. Investors also form their own opinion of QuinStreet's value that differs from its market value or its book value, called intrinsic value, which is QuinStreet'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 QuinStreet's market value can be influenced by many factors that don't directly affect QuinStreet'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 QuinStreet's value and its price as these two are different measures arrived at by different means. Investors typically determine if QuinStreet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QuinStreet'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.