QuantaSing Net Receivables vs Net Debt Analysis
| QSG Stock | 2.26 0.36 13.74% |
QuantaSing Group financial indicator trend analysis is much more than just breaking down QuantaSing Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QuantaSing Group is a good investment. Please check the relationship between QuantaSing Group Net Receivables and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuantaSing Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Net Receivables vs Net Debt
Net Receivables vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QuantaSing Group Net Receivables account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between QuantaSing Group's Net Receivables and Net Debt is 0.96. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt in the same time period over historical financial statements of QuantaSing Group Limited, assuming nothing else is changed. The correlation between historical values of QuantaSing Group's Net Receivables and Net Debt 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 Receivables of QuantaSing Group Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., QuantaSing Group's Net Receivables and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Receivables
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.Most indicators from QuantaSing Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QuantaSing Group 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 QuantaSing Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. The QuantaSing Group's current Issuance Of Capital Stock is estimated to increase to about 284.3 M, while Tax Provision is projected to decrease to roughly 15.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 387K | 5.3M | 6.1M | 6.4M | Tax Provision | 18.4M | 21.7M | 24.9M | 15.1M |
QuantaSing Group fundamental ratios Correlations
Click cells to compare fundamentals
QuantaSing Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Information and Resources on Investing in QuantaSing Stock
When determining whether QuantaSing Group is a strong investment it is important to analyze QuantaSing Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact QuantaSing Group's future performance. For an informed investment choice regarding QuantaSing Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuantaSing Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Hotels, Restaurants & Leisure space 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 QuantaSing Group. If investors know QuantaSing 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 QuantaSing Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.5 | Revenue Per Share 65.56 | Quarterly Revenue Growth 0.247 | Return On Assets 0.0975 | Return On Equity 1.9676 |
The market value of QuantaSing Group is measured differently than its book value, which is the value of QuantaSing that is recorded on the company's balance sheet. Investors also form their own opinion of QuantaSing Group's value that differs from its market value or its book value, called intrinsic value, which is QuantaSing Group'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 QuantaSing Group's market value can be influenced by many factors that don't directly affect QuantaSing Group'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 QuantaSing Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if QuantaSing Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QuantaSing Group'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.