Quipt Total Assets from 2010 to 2026
| QIPT Stock | 4.91 0.02 0.41% |
Total Assets | First Reported 2001-09-30 | Previous Quarter 236.1 M | Current Value 425.4 M | Quarterly Volatility 90.1 M |
Check Quipt Home financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quipt Home's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.7 M, Ebitda of 58.3 M or Income Tax Expense of 318.5 K, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0 or PTB Ratio of 1.62. Quipt financial statements analysis is a perfect complement when working with Quipt Home Valuation or Volatility modules.
Quipt | Total Assets |
Latest Quipt Home's Total Assets Growth Pattern
Below is the plot of the Total Assets of Quipt Home Medical over the last few years. Total assets refers to the total amount of Quipt Home assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Quipt Home Medical books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Quipt Home's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quipt Home's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 425.45 M | 10 Years Trend |
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Total Assets |
| Timeline |
Quipt Total Assets Regression Statistics
| Arithmetic Mean | 159,894,186 | |
| Geometric Mean | 60,538,638 | |
| Coefficient Of Variation | 105.70 | |
| Mean Deviation | 132,190,980 | |
| Median | 108,573,000 | |
| Standard Deviation | 169,005,944 | |
| Sample Variance | 28563T | |
| Range | 513.6M | |
| R-Value | 0.84 | |
| Mean Square Error | 8801.5T | |
| R-Squared | 0.71 | |
| Significance | 0.000021 | |
| Slope | 28,222,911 | |
| Total Sum of Squares | 457008.1T |
Quipt Total Assets History
About Quipt Home Financial Statements
Quipt Home investors utilize fundamental indicators, such as Total Assets, to predict how Quipt Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Assets | 489.3 M | 513.7 M | |
| Intangibles To Total Assets | 0.41 | 0.43 |
Pair Trading with Quipt Home
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 Quipt Home 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 Quipt Home will appreciate offsetting losses from the drop in the long position's value.Moving against Quipt Stock
| 0.6 | MSFT | Microsoft CDR Earnings Call This Week | PairCorr |
| 0.6 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.54 | AAPL | Apple CDR Earnings Call This Week | PairCorr |
| 0.54 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to Quipt Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quipt Home 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 Quipt Home - 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 Quipt Home Medical to buy it.
The correlation of Quipt Home 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 Quipt Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quipt Home Medical 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 Quipt Home 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.Check out the analysis of Quipt Home Correlation against competitors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.