Quest Historical Income Statement
| QRHC Stock | USD 9.69 0.14 1.47% |
Historical analysis of Quest Resource income statement accounts such as EBIT of 4.7 M, Ebitda of 15.5 M, Total Operating Expenses of 37.5 M or Income Tax Expense of 367.6 K can show how well Quest Resource Holding performed in making a profits. Evaluating Quest Resource income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Quest Resource's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Quest Resource Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Quest Resource Holding is a good buy for the upcoming year.
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About Quest Income Statement Analysis
Quest Resource Holding Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Quest Resource shareholders. The income statement also shows Quest investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Quest Resource Income Statement Chart
Quest Resource Holding Income Statement is one of the three primary financial statements used for reporting Quest's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Quest Resource Holding revenue and expense. Quest Resource Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Quest Resource's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 298.1 M, whereas Income Before Tax is projected to grow to (6.6 M). Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Quest Resource Holding. It is also known as Quest Resource overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Cost Of Revenue
Cost of Revenue is found on Quest Resource Holding income statement and represents the costs associated with goods and services Quest Resource provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Quest Resource's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Quest Resource Holding current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Quest Resource Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. At present, Quest Resource's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 298.1 M, whereas Income Before Tax is projected to grow to (6.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 155.7M | 284.0M | 288.4M | 302.8M | Depreciation And Amortization | 2.4M | 9.7M | 10.3M | 10.8M |
Quest Resource income statement Correlations
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Quest Resource Account Relationship Matchups
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Quest Resource income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 431K | 702K | 2.5M | 7.3M | 9.7M | 10.2M | |
| Selling General Administrative | 16.8M | 17.1M | 21.7M | 37.8M | 35.7M | 37.5M | |
| Other Operating Expenses | 98.4M | 97.9M | 151.1M | 282.6M | 283.9M | 298.1M | |
| Operating Income | 595K | 2.2M | 4.6M | 1.4M | 4.4M | 4.7M | |
| Ebit | 595K | 2.2M | 4.6M | 1.4M | 4.4M | 4.7M | |
| Ebitda | 1.9M | 3.3M | 7.0M | 11.1M | 14.7M | 15.5M | |
| Total Operating Expenses | 18.1M | 18.3M | 24.2M | 47.5M | 35.7M | 37.5M | |
| Income Before Tax | 164K | 1.3M | 2.0M | (5.9M) | (6.9M) | (6.6M) | |
| Total Other Income Expense Net | (431K) | (870K) | (2.6M) | (7.3M) | (11.4M) | (10.8M) | |
| Net Income | (55K) | 1.0M | 1.7M | (6.0M) | (7.3M) | (6.9M) | |
| Income Tax Expense | 219K | 254K | 321K | 173K | 386.9K | 367.6K | |
| Selling And Marketing Expenses | 20.4K | 51.2K | 41.9K | 39.0K | 40.2K | 38.5K | |
| Depreciation And Amortization | 1.3M | 1.2M | 2.4M | 9.7M | 10.3M | 10.8M | |
| Total Revenue | 99.0M | 98.7M | 155.7M | 284.0M | 288.4M | 302.8M | |
| Gross Profit | 18.7M | 19.1M | 28.8M | 48.9M | 40.2M | 42.2M | |
| Cost Of Revenue | 80.3M | 79.6M | 126.9M | 235.2M | 248.2M | 260.6M | |
| Net Income From Continuing Ops | (55.2K) | 1.0M | 1.7M | (6.0M) | (8.3M) | (8.7M) | |
| Net Income Applicable To Common Shares | (55.2K) | 829.4K | 1.7M | (6.0M) | (7.0M) | (7.3M) | |
| Tax Provision | 219.1K | 254.0K | 321.2K | 172.6K | 344.0K | 180.2K | |
| Net Interest Income | (431.6K) | (701.9K) | (2.5M) | (7.3M) | (9.6M) | (9.1M) | |
| Reconciled Depreciation | 1.4M | 1.3M | 2.8M | 10.0M | 9.9M | 5.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Quest Resource Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quest Resource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quest Resource Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quest Resource Holding Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quest Resource Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Quest Resource Holding information on this page should be used as a complementary analysis to other Quest Resource's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running Quest Resource's price analysis, check to measure Quest Resource'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 Quest Resource is operating at the current time. Most of Quest Resource's value examination focuses on studying past and present price action to predict the probability of Quest Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest Resource's price. Additionally, you may evaluate how the addition of Quest Resource to your portfolios can decrease your overall portfolio volatility.
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Is Quest Resource'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 Quest Resource. If investors know Quest 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 Quest Resource 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 0.667 | Earnings Share (0.29) | Revenue Per Share 14.179 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0194 |
The market value of Quest Resource Holding is measured differently than its book value, which is the value of Quest that is recorded on the company's balance sheet. Investors also form their own opinion of Quest Resource's value that differs from its market value or its book value, called intrinsic value, which is Quest Resource'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 Quest Resource's market value can be influenced by many factors that don't directly affect Quest Resource'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 Quest Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quest Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quest Resource'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.