Qualys Free Cash Flow vs Change To Inventory Analysis

QLYS Stock

USD 147.12 2.50 1.67%

Qualys financial indicator trend analysis is much more than just breaking down Qualys Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qualys Inc is a good investment. Please check the relationship between Qualys Free Cash Flow and its Change To Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualys Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Free Cash Flow vs Change To Inventory

Free Cash Flow vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qualys Inc Free Cash Flow account and Change To Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Qualys' Free Cash Flow and Change To Inventory is -0.62. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Qualys Inc, assuming nothing else is changed. The correlation between historical values of Qualys' Free Cash Flow and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Qualys Inc are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Free Cash Flow i.e., Qualys' Free Cash Flow and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Most indicators from Qualys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qualys Inc 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 Qualys Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Selling General Administrative is likely to drop to about 36 M in 2024. Tax Provision is likely to drop to about 13.2 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	321.7M	386.9M	447.0M	469.3M
Total Revenue	411.2M	489.7M	554.5M	582.2M

Gross Profit Total Revenue

Qualys fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		0.7	0.36	0.52	0.54	0.83	0.63	0.49	-0.36	0.16	0.08	0.43	0.7	0.42	0.72	0.49	0.47	0.91	-0.24	0.57	0.71	0.43	0.29	0.69	0.35	0.45
Total Assets	0.7		0.77	0.92	0.94	0.95	0.9	0.84	-0.48	-0.1	-0.19	0.67	0.97	0.85	0.99	0.84	0.86	0.78	0.38	0.91	0.93	0.91	0.57	0.99	0.82	0.65
Short Long Term Debt Total	0.36	0.77		0.72	0.75	0.64	0.89	0.7	-0.18	-0.18	-0.43	0.51	0.82	0.85	0.69	0.69	0.79	0.4	0.71	0.75	0.64	0.82	0.45	0.72	0.92	0.45
Other Current Liab	0.52	0.92	0.72		0.99	0.78	0.76	0.88	-0.59	-0.39	-0.15	0.74	0.85	0.88	0.9	0.88	0.85	0.63	0.45	0.92	0.91	0.97	0.62	0.94	0.88	0.61
Total Current Liabilities	0.54	0.94	0.75	0.99		0.8	0.78	0.89	-0.6	-0.39	-0.19	0.77	0.86	0.9	0.92	0.89	0.86	0.64	0.46	0.94	0.93	0.98	0.64	0.95	0.9	0.57
Total Stockholder Equity	0.83	0.95	0.64	0.78	0.8		0.88	0.72	-0.4	0.13	-0.1	0.56	0.93	0.7	0.96	0.72	0.74	0.89	0.16	0.8	0.86	0.74	0.47	0.93	0.63	0.64
Property Plant And Equipment Net	0.63	0.9	0.89	0.76	0.78	0.88		0.69	-0.17	0.11	-0.25	0.46	0.97	0.79	0.85	0.69	0.8	0.65	0.51	0.8	0.75	0.8	0.38	0.84	0.79	0.67
Current Deferred Revenue	0.49	0.84	0.7	0.88	0.89	0.72	0.69		-0.76	-0.55	-0.21	0.92	0.77	0.95	0.83	1.0	0.91	0.59	0.41	0.83	0.84	0.88	0.86	0.86	0.83	0.5
Net Debt	-0.36	-0.48	-0.18	-0.59	-0.6	-0.4	-0.17	-0.76		0.69	0.04	-0.93	-0.32	-0.56	-0.53	-0.74	-0.46	-0.49	0.07	-0.58	-0.66	-0.52	-0.74	-0.56	-0.45	-0.04
Retained Earnings	0.16	-0.1	-0.18	-0.39	-0.39	0.13	0.11	-0.55	0.69		0.12	-0.68	0.04	-0.48	-0.09	-0.53	-0.35	0.05	-0.19	-0.29	-0.25	-0.39	-0.61	-0.17	-0.45	0.14
Accounts Payable	0.08	-0.19	-0.43	-0.15	-0.19	-0.1	-0.25	-0.21	0.04	0.12		-0.19	-0.17	-0.23	-0.2	-0.21	-0.15	0.07	-0.48	-0.09	-0.1	-0.27	-0.27	-0.2	-0.37	0.1
Cash	0.43	0.67	0.51	0.74	0.77	0.56	0.46	0.92	-0.93	-0.68	-0.19		0.56	0.8	0.69	0.9	0.69	0.55	0.2	0.75	0.77	0.72	0.84	0.72	0.7	0.2
Non Current Assets Total	0.7	0.97	0.82	0.85	0.86	0.93	0.97	0.77	-0.32	0.04	-0.17	0.56		0.83	0.92	0.77	0.86	0.72	0.45	0.86	0.86	0.86	0.48	0.92	0.78	0.74
Non Currrent Assets Other	0.42	0.85	0.85	0.88	0.9	0.7	0.79	0.95	-0.56	-0.48	-0.23	0.8	0.83		0.8	0.95	0.97	0.51	0.58	0.84	0.79	0.92	0.77	0.84	0.92	0.57
Cash And Short Term Investments	0.72	0.99	0.69	0.9	0.92	0.96	0.85	0.83	-0.53	-0.09	-0.2	0.69	0.92	0.8		0.83	0.8	0.82	0.29	0.88	0.92	0.88	0.59	1.0	0.77	0.59
Net Receivables	0.49	0.84	0.69	0.88	0.89	0.72	0.69	1.0	-0.74	-0.53	-0.21	0.9	0.77	0.95	0.83		0.92	0.6	0.41	0.82	0.83	0.87	0.87	0.86	0.82	0.52
Good Will	0.47	0.86	0.79	0.85	0.86	0.74	0.8	0.91	-0.46	-0.35	-0.15	0.69	0.86	0.97	0.8	0.92		0.53	0.55	0.78	0.75	0.88	0.75	0.83	0.82	0.72
Common Stock Total Equity	0.91	0.78	0.4	0.63	0.64	0.89	0.65	0.59	-0.49	0.05	0.07	0.55	0.72	0.51	0.82	0.6	0.53		-0.26	0.65	0.77	0.52	0.42	0.79	0.43	0.44
Non Current Liabilities Total	-0.24	0.38	0.71	0.45	0.46	0.16	0.51	0.41	0.07	-0.19	-0.48	0.2	0.45	0.58	0.29	0.41	0.55	-0.26		0.42	0.25	0.62	0.27	0.34	0.67	0.34
Other Current Assets	0.57	0.91	0.75	0.92	0.94	0.8	0.8	0.83	-0.58	-0.29	-0.09	0.75	0.86	0.84	0.88	0.82	0.78	0.65	0.42		0.89	0.92	0.5	0.91	0.88	0.49
Other Stockholder Equity	0.71	0.93	0.64	0.91	0.93	0.86	0.75	0.84	-0.66	-0.25	-0.1	0.77	0.86	0.79	0.92	0.83	0.75	0.77	0.25	0.89		0.88	0.59	0.94	0.77	0.48
Total Liab	0.43	0.91	0.82	0.97	0.98	0.74	0.8	0.88	-0.52	-0.39	-0.27	0.72	0.86	0.92	0.88	0.87	0.88	0.52	0.62	0.92	0.88		0.62	0.91	0.94	0.57
Property Plant And Equipment Gross	0.29	0.57	0.45	0.62	0.64	0.47	0.38	0.86	-0.74	-0.61	-0.27	0.84	0.48	0.77	0.59	0.87	0.75	0.42	0.27	0.5	0.59	0.62		0.61	0.57	0.34
Total Current Assets	0.69	0.99	0.72	0.94	0.95	0.93	0.84	0.86	-0.56	-0.17	-0.2	0.72	0.92	0.84	1.0	0.86	0.83	0.79	0.34	0.91	0.94	0.91	0.61		0.82	0.59
Short Term Debt	0.35	0.82	0.92	0.88	0.9	0.63	0.79	0.83	-0.45	-0.45	-0.37	0.7	0.78	0.92	0.77	0.82	0.82	0.43	0.67	0.88	0.77	0.94	0.57	0.82		0.39
Intangible Assets	0.45	0.65	0.45	0.61	0.57	0.64	0.67	0.5	-0.04	0.14	0.1	0.2	0.74	0.57	0.59	0.52	0.72	0.44	0.34	0.49	0.48	0.57	0.34	0.59	0.39

Click cells to compare fundamentals

Qualys Account Relationship Matchups

Qualys fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	41.3M	40.8M	40.1M	39.3M	37.6M	35.6M
Total Assets	675.6M	736.8M	814.6M	700.9M	812.6M	497.4M
Short Long Term Debt Total	51.7M	57.4M	48.5M	42.2M	28.7M	26.4M
Other Current Liab	22.8M	29.8M	32.5M	42.6M	43.1M	22.2M
Total Current Liabilities	223.5M	255.7M	304.3M	352.2M	389.2M	194.7M
Total Stockholder Equity	386.8M	404.5M	436.7M	289.1M	368.2M	255.6M
Property Plant And Equipment Net	101.1M	109.7M	98.9M	81.2M	55.0M	57.1M
Current Deferred Revenue	192.2M	213.5M	257.9M	293.7M	333.3M	349.9M
Net Debt	(35.9M)	(16.8M)	(88.8M)	(131.5M)	(176.4M)	(167.6M)
Retained Earnings	23.2M	3.6M	(41.7M)	(221.4M)	(228.1M)	(216.7M)
Accounts Payable	848K	731K	1.3M	2.8M	988K	1.8M
Cash	87.6M	74.1M	137.3M	173.7M	205.2M	215.4M
Non Current Assets Total	280.0M	261.5M	268.2M	227.6M	212.6M	159.3M
Non Currrent Assets Other	16.3M	18.1M	19.0M	21.6M	21.1M	22.1M
Cash And Short Term Investments	298.9M	356.0M	405.3M	321.3M	427.1M	250.8M
Net Receivables	78.0M	100.2M	109.0M	121.8M	146.2M	153.5M
Liabilities And Stockholders Equity	675.6M	736.8M	814.6M	700.9M	812.6M	497.4M
Non Current Liabilities Total	65.3M	76.6M	73.6M	59.6M	55.2M	47.0M
Other Current Assets	18.7M	19.1M	32.1M	30.2M	26.7M	16.1M
Other Stockholder Equity	362.4M	401.4M	477.3M	512.5M	597.9M	322.0M
Total Liab	288.8M	332.3M	377.8M	411.8M	444.4M	241.8M
Property Plant And Equipment Gross	101.1M	109.7M	61.9M	81.2M	273.5M	287.2M
Total Current Assets	395.6M	475.3M	546.4M	473.3M	600.0M	338.1M
Accumulated Other Comprehensive Income	1.2M	(484K)	1.0M	(1.9M)	(1.7M)	(1.6M)
Short Term Debt	7.7M	11.7M	12.6M	13.1M	11.9M	7.0M
Intangible Assets	16.8M	12.0M	6.5M	12.8M	9.7M	8.5M
Other Liab	21.3M	30.9M	37.7M	30.5M	35.1M	23.1M
Other Assets	33.1M	33.9M	44.1M	67.0M	77.0M	80.9M
Property Plant Equipment	60.6M	64.9M	98.9M	47.4M	54.5M	49.9M
Net Tangible Assets	362.6M	385.0M	422.7M	268.9M	309.2M	288.7M
Retained Earnings Total Equity	23.2M	3.6M	(41.7M)	(221.4M)	(199.3M)	(189.3M)
Short Term Investments	211.3M	281.9M	268.0M	147.6M	221.9M	184.6M
Capital Surpluse	362.4M	401.4M	477.3M	512.5M	589.4M	341.7M
Capital Lease Obligations	51.7M	57.4M	48.5M	42.2M	28.7M	36.3M
Deferred Long Term Liab	6.5M	6.9M	8.4M	10.1M	9.1M	9.2M
Non Current Liabilities Other	388K	30.5M	4.9M	7.0M	6.7M	7.2M
Long Term Investments	119.5M	98.5M	111.2M	59.2M	56.6M	75.6M

Pair Trading with Qualys

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 Qualys 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 Qualys will appreciate offsetting losses from the drop in the long position's value.

Moving against Qualys Stock

0.47

EEFT

Euronet Worldwide

Pair Corr

The ability to find closely correlated positions to Qualys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qualys 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 Qualys - 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 Qualys Inc to buy it.

The correlation of Qualys 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 Qualys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qualys Inc 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 Qualys 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.

Pair Correlation Correlation Matching

When determining whether Qualys Inc is a strong investment it is important to analyze Qualys' 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 Qualys' future performance. For an informed investment choice regarding Qualys Stock, refer to the following important reports:

How To Invest In Qualys

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Is Qualys Stock a good investment?

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What is Qualys' Net Worth?

Details

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualys Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Qualys Stock analysis

When running Qualys' price analysis, check to measure Qualys' 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 Qualys is operating at the current time. Most of Qualys' value examination focuses on studying past and present price action to predict the probability of Qualys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qualys' price. Additionally, you may evaluate how the addition of Qualys to your portfolios can decrease your overall portfolio volatility.

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Is Qualys' 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 Qualys. If investors know Qualys 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 Qualys 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

0.364

Earnings Share

4.31

Revenue Per Share

15.456

Quarterly Revenue Growth

0.116

Return On Assets

0.1404

The market value of Qualys Inc is measured differently than its book value, which is the value of Qualys that is recorded on the company's balance sheet. Investors also form their own opinion of Qualys' value that differs from its market value or its book value, called intrinsic value, which is Qualys' 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 Qualys' market value can be influenced by many factors that don't directly affect Qualys' 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 Qualys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualys' 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.

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Qualys Free Cash Flow vs Change To Inventory Analysis

Free Cash Flow vs Change To Inventory

Free Cash Flow vs Change To Inventory Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change To Inventory

Qualys fundamental ratios Correlations

Qualys Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Qualys fundamental ratios Accounts

Pair Trading with Qualys

Moving against Qualys Stock

Complementary Tools for Qualys Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Current Deferred Revenue
Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Total Liab	+ 0.98	Total Current Liabilities

Cash	- 0.93	Net Debt
Net Debt	- 0.76	Current Deferred Revenue
Property Plant And Equipment Gross	- 0.74	Net Debt
Net Receivables	- 0.74	Net Debt
Cash	- 0.68	Retained Earnings
Other Stockholder Equity	- 0.66	Net Debt