QuinStreet Net Debt vs Property Plant Equipment Analysis

QNST Stock  USD 18.44  0.01  0.05%   
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 Net Debt and its Property Plant Equipment 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.

Net Debt vs Property Plant Equipment

Net Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QuinStreet Net Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between QuinStreet's Net Debt and Property Plant Equipment is -0.47. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of QuinStreet, assuming nothing else is changed. The correlation between historical values of QuinStreet's Net Debt and Property Plant Equipment 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 Debt of QuinStreet are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Debt i.e., QuinStreet's Net Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant Equipment

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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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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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