Quorum Information Technologies Stock Total Debt
| QIS Stock | CAD 0.76 0.01 1.30% |
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.
Total Debt To Capitalization is likely to climb to 0.30 in 2024. Quorum | Total Debt |
Quorum Information Technologies Company Total Debt Analysis
Quorum Information's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Quorum Information Total Debt | 839.51 K |
Most of Quorum Information's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Quorum Information Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Quorum Total Debt 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 Total Debt. 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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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Quorum Short Long Term Debt Total
Short Long Term Debt Total |
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Based on the latest financial disclosure, Quorum Information Technologies has a Total Debt of 839.51 K. This is 99.95% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The total debt for all Canada stocks is 99.98% higher than that of the company.
Quorum Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quorum Information's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quorum Information could also be used in its relative valuation, which is a method of valuing Quorum Information by comparing valuation metrics of similar companies.Quorum Information is currently under evaluation in total debt category among its peers.
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 | 0.0708 | ||||
| Return On Asset | 0.032 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 63.81 M | ||||
| Shares Outstanding | 73.54 M | ||||
| Shares Owned By Insiders | 14.51 % | ||||
| Shares Owned By Institutions | 23.18 % | ||||
| Number Of Shares Shorted | 624 | ||||
| Price To Earning | 280.00 X | ||||
| Price To Book | 2.09 X | ||||
| Price To Sales | 1.37 X | ||||
| Revenue | 40.26 M | ||||
| Gross Profit | 18.66 M | ||||
| EBITDA | 2.33 M | ||||
| Net Income | 233.95 K | ||||
| Cash And Equivalents | 9.33 M | ||||
| Cash Per Share | 0.13 X | ||||
| Total Debt | 839.51 K | ||||
| Debt To Equity | 0.44 % | ||||
| Current Ratio | 3.20 X | ||||
| Book Value Per Share | 0.38 X | ||||
| Cash Flow From Operations | 4.62 M | ||||
| Short Ratio | 0.03 X | ||||
| Earnings Per Share | 0.03 X | ||||
| Target Price | 1.5 | ||||
| Beta | 0.16 | ||||
| Market Capitalization | 54.42 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.
Pair Trading with Quorum Information
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 Quorum Information 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 Quorum Information will appreciate offsetting losses from the drop in the long position's value.Moving against Quorum Stock
The ability to find closely correlated positions to Quorum Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quorum Information 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 Quorum Information - 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 Quorum Information Technologies to buy it.
The correlation of Quorum Information 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 Quorum Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quorum Information 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 Quorum Information 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.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.