Quorum Information Technologies Stock Current Asset
QIS Stock | CAD 0.85 0.01 1.16% |
Quorum Information Technologies fundamentals help investors to digest information that contributes to Quorum Information's financial success or failures. It also enables traders to predict the movement of Quorum Stock. The fundamental analysis module provides a way to measure Quorum Information's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Quorum Information stock.
At this time, Quorum Information's Non Current Assets Total are fairly stable compared to the past year. Other Current Assets is likely to climb to about 778.6 K in 2024, whereas Total Current Assets are likely to drop slightly above 5.3 M in 2024. Quorum | Current Asset |
Quorum Information Technologies Company Current Asset Analysis
Quorum Information's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Quorum Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Quorum Information is extremely important. It helps to project a fair market value of Quorum Stock properly, considering its historical fundamentals such as Current Asset. Since Quorum Information's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quorum Information's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quorum Information's interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Quorum Total Assets
Total Assets |
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In accordance with the recently published financial statements, Quorum Information Technologies has a Current Asset of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The current asset for all Canada stocks is 100.0% higher than that of the company.
Quorum Information Current Valuation Drivers
We derive many important indicators used in calculating different scores of Quorum Information from analyzing Quorum Information's financial statements. These drivers represent accounts that assess Quorum Information's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Quorum Information's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 80.7M | 76.0M | 82.3M | 57.8M | 45.5M | 25.9M | |
Enterprise Value | 84.6M | 79.9M | 88.1M | 68.0M | 54.8M | 57.6M |
Quorum Fundamentals
Return On Equity | 0.0053 | ||||
Return On Asset | 0.0384 | ||||
Profit Margin | 0 % | ||||
Operating Margin | 0.08 % | ||||
Current Valuation | 70.75 M | ||||
Shares Outstanding | 73.58 M | ||||
Shares Owned By Insiders | 19.58 % | ||||
Shares Owned By Institutions | 57.55 % | ||||
Number Of Shares Shorted | 276 | ||||
Price To Earning | 280.00 X | ||||
Price To Book | 2.21 X | ||||
Price To Sales | 1.57 X | ||||
Revenue | 40.26 M | ||||
Gross Profit | 18.66 M | ||||
EBITDA | 6.55 M | ||||
Net Income | 233.95 K | ||||
Cash And Equivalents | 9.33 M | ||||
Cash Per Share | 0.13 X | ||||
Total Debt | 12.94 M | ||||
Debt To Equity | 0.44 % | ||||
Current Ratio | 3.20 X | ||||
Book Value Per Share | 0.39 X | ||||
Cash Flow From Operations | 4.62 M | ||||
Short Ratio | 0.77 X | ||||
Target Price | 1.0 | ||||
Beta | 0.2 | ||||
Market Capitalization | 63.28 M | ||||
Total Asset | 45.83 M | ||||
Retained Earnings | (7.35 M) | ||||
Working Capital | 4.16 M | ||||
Net Asset | 45.83 M |
About Quorum Information Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Quorum Information Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quorum Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quorum Information Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Quorum Stock Analysis
When running Quorum Information's price analysis, check to measure Quorum Information'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 Quorum Information is operating at the current time. Most of Quorum Information's value examination focuses on studying past and present price action to predict the probability of Quorum Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quorum Information's price. Additionally, you may evaluate how the addition of Quorum Information to your portfolios can decrease your overall portfolio volatility.