Qurate Accumulated Depreciation vs Net Tangible Assets Analysis

QRTEA Stock  USD 0.77  0.02  2.67%   
Qurate Retail financial indicator trend analysis is much more than just breaking down Qurate Retail Series prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qurate Retail Series is a good investment. Please check the relationship between Qurate Retail Accumulated Depreciation and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qurate Retail Series. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Accumulated Depreciation vs Net Tangible Assets

Accumulated Depreciation vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qurate Retail Series Accumulated Depreciation account and Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Qurate Retail's Accumulated Depreciation and Net Tangible Assets is -0.63. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Qurate Retail Series, assuming nothing else is changed. The correlation between historical values of Qurate Retail's Accumulated Depreciation and Net Tangible 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 Accumulated Depreciation of Qurate Retail Series are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accumulated Depreciation i.e., Qurate Retail's Accumulated Depreciation and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Qurate Retail Series fixed asset that has been charged to Qurate Retail expense since that asset was acquired and made available for Qurate Retail use. The accumulated depreciation account is Qurate Retail Series asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Qurate Retail Series.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Qurate Retail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qurate Retail Series 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 Qurate Retail Series. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At present, Qurate Retail's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.86, whereas Selling General Administrative is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit4.8B3.7B2.5B3.5B
Total Revenue14.0B12.1B10.9B10.6B

Qurate Retail fundamental ratios Correlations

-0.550.210.74-0.040.07-0.150.2-0.020.090.060.050.290.4-0.29-0.1-0.080.15-0.030.950.03-0.160.150.55-0.110.47
-0.55-0.12-0.71-0.13-0.10.68-0.12-0.27-0.27-0.12-0.190.25-0.36-0.150.23-0.22-0.06-0.01-0.640.290.68-0.17-0.250.450.2
0.21-0.12-0.330.210.810.190.06-0.42-0.060.80.580.77-0.50.510.650.590.790.580.010.210.190.81-0.540.6-0.3
0.74-0.71-0.33-0.2-0.39-0.380.130.420.11-0.31-0.14-0.430.67-0.3-0.61-0.19-0.19-0.460.85-0.15-0.38-0.340.78-0.710.4
-0.04-0.130.21-0.20.53-0.370.33-0.030.670.31-0.150.260.120.330.610.34-0.050.72-0.05-0.61-0.370.53-0.560.49-0.61
0.07-0.10.81-0.390.53-0.070.39-0.170.10.890.40.68-0.30.560.730.610.460.74-0.13-0.11-0.070.96-0.750.69-0.56
-0.150.680.19-0.38-0.37-0.07-0.3-0.36-0.37-0.050.080.37-0.46-0.140.09-0.210.33-0.21-0.320.541.0-0.17-0.020.240.48
0.2-0.120.060.130.330.39-0.30.080.00.37-0.120.070.190.30.20.360.160.290.18-0.44-0.30.35-0.20.15-0.31
-0.02-0.27-0.420.42-0.03-0.17-0.360.080.04-0.13-0.1-0.630.530.03-0.60.05-0.54-0.470.08-0.19-0.36-0.220.2-0.62-0.06
0.09-0.27-0.060.110.670.1-0.370.00.04-0.07-0.29-0.010.19-0.050.170.01-0.170.290.17-0.82-0.370.07-0.090.11-0.25
0.06-0.120.8-0.310.310.89-0.050.37-0.13-0.070.480.54-0.220.640.570.730.620.58-0.11-0.04-0.050.86-0.670.53-0.5
0.05-0.190.58-0.14-0.150.40.08-0.12-0.1-0.290.480.29-0.170.530.230.560.390.21-0.110.30.080.51-0.360.14-0.25
0.290.250.77-0.430.260.680.370.07-0.63-0.010.540.29-0.430.050.760.150.50.630.050.250.360.7-0.390.870.03
0.4-0.36-0.50.670.12-0.3-0.460.190.530.19-0.22-0.17-0.43-0.13-0.32-0.01-0.55-0.160.5-0.33-0.46-0.210.41-0.440.1
-0.29-0.150.51-0.30.330.56-0.140.30.03-0.050.640.530.05-0.130.440.950.470.47-0.34-0.18-0.130.56-0.70.16-0.74
-0.10.230.65-0.610.610.730.090.2-0.60.170.570.230.76-0.320.440.430.360.95-0.26-0.090.10.75-0.740.9-0.46
-0.08-0.220.59-0.190.340.61-0.210.360.050.010.730.560.15-0.010.950.430.520.48-0.14-0.22-0.210.63-0.620.19-0.68
0.15-0.060.79-0.19-0.050.460.330.16-0.54-0.170.620.390.5-0.550.470.360.520.250.030.170.330.43-0.30.32-0.13
-0.03-0.010.58-0.460.720.74-0.210.29-0.470.290.580.210.63-0.160.470.950.480.25-0.14-0.26-0.210.8-0.720.79-0.6
0.95-0.640.010.85-0.05-0.13-0.320.180.080.17-0.11-0.110.050.5-0.34-0.26-0.140.03-0.14-0.08-0.34-0.040.68-0.30.45
0.030.290.21-0.15-0.61-0.110.54-0.44-0.19-0.82-0.040.30.25-0.33-0.18-0.09-0.220.17-0.26-0.080.55-0.060.180.030.46
-0.160.680.19-0.38-0.37-0.071.0-0.3-0.36-0.37-0.050.080.36-0.46-0.130.1-0.210.33-0.21-0.340.55-0.17-0.030.240.46
0.15-0.170.81-0.340.530.96-0.170.35-0.220.070.860.510.7-0.210.560.750.630.430.8-0.04-0.06-0.17-0.710.7-0.57
0.55-0.25-0.540.78-0.56-0.75-0.02-0.20.2-0.09-0.67-0.36-0.390.41-0.7-0.74-0.62-0.3-0.720.680.18-0.03-0.71-0.680.81
-0.110.450.6-0.710.490.690.240.15-0.620.110.530.140.87-0.440.160.90.190.320.79-0.30.030.240.7-0.68-0.28
0.470.2-0.30.4-0.61-0.560.48-0.31-0.06-0.25-0.5-0.250.030.1-0.74-0.46-0.68-0.13-0.60.450.460.46-0.570.81-0.28
Click cells to compare fundamentals

Qurate Retail Account Relationship Matchups

Qurate Retail fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.3B17.0B16.2B12.6B11.4B13.2B
Other Current Liab180M231M244M1.3B1.0B1.1B
Total Current Liabilities4.0B4.7B4.2B3.1B2.6B2.8B
Total Stockholder Equity4.8B3.6B2.9B412M385M365.8M
Other Liab2.0B2.1B2.1B1.6B1.9B1.3B
Accounts Payable1.1B1.3B1.4B976M895M837.8M
Cash673M806M587M1.3B1.1B604.3M
Other Assets206M549M602M310M356.5M371.7M
Long Term Debt5.9B5.2B5.7B5.5B4.7B5.1B
Good Will6.6B6.6B6.3B3.5B3.2B3.0B
Inventory1.4B1.3B1.6B1.3B1.0B1.2B
Other Current Assets636M473M235M210M194M192.3M
Total Liab12.3B13.3B13.2B12.0B10.9B11.8B
Intangible Assets10.7B3.9B3.8B6.8B3.2B6.3B
Property Plant Equipment1.4B1.3B1.1B1.2B1.3B1.2B
Short Long Term Debt Total7.4B6.9B7.0B6.9B7.3B7.0B
Property Plant And Equipment Net1.4B1.3B1.1B1.2B1.1B1.2B
Current Deferred Revenue1.2B1.2B1.4B1.2B1.1B1.1B
Net Debt6.7B6.7B6.1B6.4B5.6B6.2B
Non Current Assets Total12.7B12.4B11.8B8.3B7.7B10.2B
Non Currrent Assets Other(1.1B)549M602M310M151M158.6M
Cash And Short Term Investments673M806M587M1.3B1.1B592.7M
Net Receivables1.9B2.0B2.0B1.4B1.3B1.5B
Common Stock Shares Outstanding424M421M415M380M387M436.8M
Liabilities And Stockholders Equity17.3B17.0B16.2B12.6B11.4B13.0B
Non Current Liabilities Total8.3B8.6B9.0B8.9B8.3B8.8B
Property Plant And Equipment Gross2.8B1.3B2.6B1.2B2.1B2.1B
Total Current Assets4.6B4.6B4.4B4.3B3.7B3.8B
Short Term Debt1.6B1.8B1.3B828M682M704.3M
Retained Earnings4.9B3.5B3.0B337M196M205.8M
Noncontrolling Interest In Consolidated Entity132M135M136M113M101.7M96.6M
Retained Earnings Total Equity4.9B3.5B3.0B337M387.6M368.2M
Deferred Long Term Liab1.7B1.4B1.4B1.4B1.3B1.8B
Net Tangible Assets(5.9B)(7.0B)(7.2B)(6.4B)(5.8B)(5.5B)

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When determining whether Qurate Retail Series offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qurate Retail'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 Qurate Retail Series Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qurate Retail Series Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qurate Retail Series. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Qurate Retail Series information on this page should be used as a complementary analysis to other Qurate Retail'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 Stocks Directory module to find actively traded stocks across global markets.

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Is Qurate Retail'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 Qurate Retail. If investors know Qurate 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 Qurate Retail 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
(0.48)
Earnings Share
(0.42)
Revenue Per Share
27.265
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0326
The market value of Qurate Retail Series is measured differently than its book value, which is the value of Qurate that is recorded on the company's balance sheet. Investors also form their own opinion of Qurate Retail's value that differs from its market value or its book value, called intrinsic value, which is Qurate Retail'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 Qurate Retail's market value can be influenced by many factors that don't directly affect Qurate Retail'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 Qurate Retail's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qurate Retail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qurate Retail'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.