Quantum Medical Transport Stock Current Liabilities
| DRWN Stock | USD 0.0001 0.00 0.00% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Quantum Medical's long-term financial health and intrinsic value.
Quantum |
Quantum Medical Transport Company Current Liabilities Analysis
Quantum Medical's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
| Competition |
In accordance with the recently published financial statements, Quantum Medical Transport has a Current Liabilities of 0.0. This is 100.0% lower than that of the Health Care Providers & Services sector and about the same as Health Care (which currently averages 0.0) industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
Quantum Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quantum Medical's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Quantum Medical could also be used in its relative valuation, which is a method of valuing Quantum Medical by comparing valuation metrics of similar companies.Quantum Medical is currently under evaluation in current liabilities category among its peers.
Quantum Fundamentals
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 113.44 K | |||
| Shares Outstanding | 450.27 M | |||
| Price To Sales | 0.0004 X | |||
| Revenue | 1.31 M | |||
| Gross Profit | 1.1 M | |||
| Net Income | 222.84 K | |||
| Cash And Equivalents | 12.85 K | |||
| Total Debt | 474.4 K | |||
| Debt To Equity | 0.75 % | |||
| Current Ratio | 0.15 X | |||
| Cash Flow From Operations | 10.31 K | |||
| Beta | 47.38 | |||
| Market Capitalization | 450 | |||
| Total Asset | 1.3 M | |||
| Z Score | 1.0 | |||
| Net Asset | 1.3 M |
About Quantum Medical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Quantum Medical Transport's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quantum Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quantum Medical Transport 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 Quantum Medical
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 Quantum Medical 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 Quantum Medical will appreciate offsetting losses from the drop in the long position's value.Moving against Quantum Pink Sheet
| 0.55 | IBM | International Business | PairCorr |
| 0.39 | STI | Solidion Technology | PairCorr |
| 0.35 | NNAX | New Momentum | PairCorr |
The ability to find closely correlated positions to Quantum Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quantum Medical 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 Quantum Medical - 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 Quantum Medical Transport to buy it.
The correlation of Quantum Medical 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 Quantum Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quantum Medical Transport 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 Quantum Medical 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.Other Information on Investing in Quantum Pink Sheet
Quantum Medical financial ratios help investors to determine whether Quantum Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Quantum with respect to the benefits of owning Quantum Medical security.