Qantas Fundamentals

QABSY
 Stock
  

USD 15.16  0.37  2.38%   

Qantas Airways ADR fundamentals help investors to digest information that contributes to Qantas Airways' financial success or failures. It also enables traders to predict the movement of Qantas OTC Stock. The fundamental analysis module provides a way to measure Qantas Airways' 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 Qantas Airways otc stock. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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Qantas Current Asset Analysis

Qantas Airways' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset 
 = 
Cash 
Deposits 
Liquid Assets 
More About Current Asset | All Equity Analysis

Current Qantas Airways Current Asset

    
  4.66 B  
Most of Qantas Airways' fundamental indicators, such as Current Asset, 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, Qantas Airways ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Compare to competition

In accordance with the recently published financial statements, Qantas Airways ADR has a Current Asset of 4.66 B. This is 285.5% higher than that of the Industrials sector and 31.53% higher than that of the Airlines industry. The current asset for all United States stocks is 50.15% higher than that of the company.

Qantas Airways ADR Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Qantas Airways's current stock value. Our valuation model uses many indicators to compare Qantas Airways value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Qantas Airways competition to find correlations between indicators driving Qantas Airways's intrinsic value. More Info.
Qantas Airways ADR is rated fourth in retained earnings category among related companies. It is currently regarded as top stock in number of employees category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Qantas Airways by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Qantas Airways' OTC Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Qantas Airways' earnings, one of the primary drivers of an investment's value.

Qantas Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Qantas Airways' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Qantas Airways could also be used in its relative valuation, which is a method of valuing Qantas Airways by comparing valuation metrics of similar companies.
Qantas Airways is currently under evaluation in beta category among related companies.
Let's try to break down what Qantas's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Qantas Airways will likely underperform.

Qantas Fundamentals

About Qantas Airways Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Qantas Airways ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Qantas Airways using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Qantas Airways ADR 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.
Qantas Airways Limited provides air transportation services in Australia and internationally. Qantas Airways Limited was founded in 1920 and is based in Mascot, Australia. Qantas Airways operates under Airlines classification in the United States and is traded on OTC Exchange. It employs 22000 people.

Qantas Airways Investors Sentiment

The influence of Qantas Airways' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Qantas. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Qantas Airways in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Qantas Airways' short interest history, or implied volatility extrapolated from Qantas Airways options trading.

Current Sentiment - QABSY

Qantas Airways ADR Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in Qantas Airways ADR. What is your perspective on investing in Qantas Airways ADR? Are you bullish or bearish?
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Please see Qantas Airways Piotroski F Score and Qantas Airways Altman Z Score analysis. Note that the Qantas Airways ADR information on this page should be used as a complementary analysis to other Qantas Airways' 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Qantas OTC Stock analysis

When running Qantas Airways ADR price analysis, check to measure Qantas Airways' 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 Qantas Airways is operating at the current time. Most of Qantas Airways' value examination focuses on studying past and present price action to predict the probability of Qantas Airways' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Qantas Airways' price. Additionally, you may evaluate how the addition of Qantas Airways to your portfolios can decrease your overall portfolio volatility.
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Is Qantas Airways' 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 Qantas Airways. If investors know Qantas 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 Qantas Airways 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 YOY
0.036
Market Capitalization
5.9 B
Quarterly Revenue Growth YOY
0.32
Return On Assets
-0.0572
Return On Equity
-2.9
The market value of Qantas Airways ADR is measured differently than its book value, which is the value of Qantas that is recorded on the company's balance sheet. Investors also form their own opinion of Qantas Airways' value that differs from its market value or its book value, called intrinsic value, which is Qantas Airways' 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 Qantas Airways' market value can be influenced by many factors that don't directly affect Qantas Airways' 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 Qantas Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine Qantas Airways value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qantas Airways' 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.