Quest Resource Holding Corp
Buy, Hold or Sell?

Let's analyse Quest Resource Holding Corp together

Penke I guess you are interested in Quest Resource Holding Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Quest Resource Holding Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Quest Resource Holding Corp

I send you an email if I find something interesting about Quest Resource Holding Corp.

Quick analysis of Quest Resource Holding Corp (30 sec.)

What can you expect buying and holding a share of Quest Resource Holding Corp? (30 sec.)

How much money do you get?

$0.00

When do you have the money?

1 year

How often do you get paid?

2.5%

What is your share worth?

Current worth

$3.27

Expected worth in 1 year

$3.02

How sure are you?

42.5%

+ What do you gain per year?

Total Gains per Share

$-0.26

Return On Investment

-2.7%

For what price can you sell your share?

Current Price per Share

$9.38

Expected price per share

$7.7 - $9.9287

How sure are you?

50%

1. Valuation of Quest Resource Holding Corp (5 min.)

Live pricePrice per Share (EOD)

$9.38

Book Value per Share

$3.27

Intrinsic Value Per Share

$-8.20 - $-6.60

Total Value Per Share

$-4.93 - $-3.33

My calculation of the intrinsic value of Quest Resource Holding Corp is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($-0.02) 3Y: ($-0.02) TTM: ($-0.04)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.01) 3Y: ($-0.01) TTM: ($-0.02)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$-0.21	$-0.16	$-0.30 - $-0.22
2	$-0.61	$-0.45	$-0.52 - $-0.36
3	$-1.16	$-0.86	$-0.73 - $-0.50
4	$-1.87	$-1.39	$-0.95 - $-0.64
5	$-2.70	$-2.03	$-1.17 - $-0.78
6	$-3.64	$-2.76	$-1.38 - $-0.92
7	$-4.67	$-3.60	$-1.60 - $-1.06
8	$-5.78	$-4.51	$-1.82 - $-1.21
9	$-6.96	$-5.52	$-2.04 - $-1.35
10	$-8.20	$-6.60	$-2.25 - $-1.49

2. Growth of Quest Resource Holding Corp (5 min.)

Is Quest Resource Holding Corp growing?

	Current year	Previous year	Grow	Grow %
How rich?	$66.2m	$72.1m	-$4m	-5.9%

How much money is Quest Resource Holding Corp making?

	Current year	Previous year	Grow	Grow %
Making money	-$1.8m	-$1.5m	-$310.7k	-17.0%
Net Profit Margin	-2.5%	-2.3%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Quest Resource Holding Corp (5 min.)

4. Comparing to competitors in the Waste Management industry (5 min.)

Industry Rankings (Waste Management)

Richest
#76 / 131

Most Revenue
#71 / 131

Most Profit
#104 / 131

Most Efficient
#98 / 131

What can you expect buying and holding a share of Quest Resource Holding Corp? (5 min.)

Welcome investor! Quest Resource Holding Corp's management wants to use your money to grow the business. In return you get a share of Quest Resource Holding Corp.

What can you expect buying and holding a share of Quest Resource Holding Corp?

First you should know what it really means to hold a share of Quest Resource Holding Corp. And how you can make/lose money.

Speculation

The Price per Share of Quest Resource Holding Corp is $9.38. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Quest Resource Holding Corp.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Quest Resource Holding Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $3.27. Based on the TTM, the Book Value Change Per Share is $-0.06 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.03 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Quest Resource Holding Corp.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	-0.11	-1.2%	-0.09	-1.0%	-0.08	-0.8%	-0.03	-0.3%	-0.06	-0.6%
Usd Book Value Change Per Share	-0.08	-0.9%	-0.06	-0.7%	-0.03	-0.3%	0.01	0.1%	0.01	0.2%
Usd Dividend Per Share	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.00	0.0%
Usd Total Gains Per Share	-0.08	-0.9%	-0.06	-0.7%	-0.03	-0.3%	0.01	0.1%	0.01	0.2%
Usd Price Per Share	7.33	-	6.85	-	6.20	-	4.57	-	3.17	-
Price to Earnings Ratio	-15.94	-	-21.63	-	-7.43	-	52.92	-	25.11	-
Price-to-Total Gains Ratio	-86.65	-	-156.66	-	-35.66	-	80.30	-	4,157.56	-
Price to Book Ratio	2.24	-	2.03	-	1.75	-	1.34	-	0.96	-
Price-to-Total Gains Ratio	-86.65	-	-156.66	-	-35.66	-	80.30	-	4,157.56	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	9.38
Number of shares	106

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.00	0.00
Usd Book Value Change Per Share	-0.06	0.01
Usd Total Gains Per Share	-0.06	0.01
Gains per Quarter (106 shares)	-6.78	1.43
Gains per Year (106 shares)	-27.12	5.71

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	0	-27	-37	0	6	-4
2	0	-54	-64	0	11	2
3	0	-81	-91	0	17	8
4	0	-108	-118	0	23	14
5	0	-136	-145	0	29	20
6	0	-163	-172	0	34	26
7	0	-190	-199	0	40	32
8	0	-217	-226	0	46	38
9	0	-244	-253	0	51	44
10	0	-271	-280	0	57	50

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	0.0	4.0	0.0	0.0%	4.0	8.0	0.0	33.3%	9.0	11.0	0.0	45.0%	10.0	30.0	0.0	25.0%	11.0	51.0	0.0	17.7%
Book Value Change Per Share	0.0	4.0	0.0	0.0%	4.0	8.0	0.0	33.3%	12.0	8.0	0.0	60.0%	17.0	23.0	0.0	42.5%	26.0	34.0	2.0	41.9%
Dividend per Share	0.0	0.0	4.0	0.0%	0.0	0.0	12.0	0.0%	1.0	0.0	19.0	5.0%	1.0	0.0	39.0	2.5%	1.0	0.0	61.0	1.6%
Total Gains per Share	0.0	4.0	0.0	0.0%	4.0	8.0	0.0	33.3%	12.0	8.0	0.0	60.0%	17.0	23.0	0.0	42.5%	26.0	34.0	2.0	41.9%

Fundamentals of Quest Resource Holding Corp

About Quest Resource Holding Corp

https://www.qrhc.com
Waste Management
195
3481 Plano Parkway, The Colony, TX, United States, 75056
Google Maps Bing Maps

Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. The company provides disposal and recycling services for motor oil and automotive lubricants, oil filters, scrap tires, oily water, goods destruction, food waste, meat renderings, cooking oil and grease trap waste, plastics, cardboard, metal, glass, mixed paper, construction debris, as well as a large variety of regulated and non-regulated solid, liquid, and gas wastes. It offers antifreeze and windshield washer fluid, dumpster and compacting equipment, and other minor ancillary services. In addition, the company offers landfill diversion services. Its services focus on the waste streams and recyclables from big box, grocers, and other retailers; automotive maintenance, quick lube, dealerships, and collision repair; transportation, logistics, and internal fleet operators; manufacturing plants; multi-family and commercial properties; restaurant chains and food operations; and construction and demolition projects. The company markets its services to automotive, manufacturing, hospitality and retail, construction and demolition, and commercial and multi-family property management industries through direct sales force and strategic partnerships. The company was formerly known as Infinity Resources Holdings Corp. and changed its name to Quest Resource Holding Corporation in October 2013. Quest Resource Holding Corporation is headquartered in The Colony, Texas.

Fundamental data was last updated by Penke on 2024-04-09 08:46:05.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is just able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Quest Resource Holding Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Quest Resource Holding Corp earns for each $1 of revenue.

Above 10% is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
A Net Profit Margin of -3.4% means that $-0.03 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Quest Resource Holding Corp:

The MRQ is -3.4%. The company is making a loss. -1
The TTM is -2.5%. The company is making a loss. -1

Trends

Current period		Compared to		+/-
MRQ	-3.4%	TTM	-2.5%	-0.8%
TTM	-2.5%	YOY	-2.3%	-0.2%
TTM	-2.5%	5Y	-0.5%	-2.1%
5Y	-0.5%	10Y	-2.4%	+1.9%

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
MRQ	-3.4%	3.4%	-6.8%
TTM	-2.5%	3.8%	-6.3%
YOY	-2.3%	4.7%	-7.0%
5Y	-0.5%	3.6%	-4.1%
10Y	-2.4%	3.0%	-5.4%

Measures how much net profit Quest Resource Holding Corp earns for each $1 of revenue.

Revenue is the amount of profit Quest Resource Holding Corp generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Quest Resource Holding Corp earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
Can be used to compare companies within the Waste Management industry.

You typically want a high profit margin. This means that for each $1 in sales, Quest Resource Holding Corp makes more profit. This shows the investor how efficiently Quest Resource Holding Corp is operating in general and compared to other companies in the same industry. Quest Resource Holding Corp operates in the Waste Management industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Quest Resource Holding Corp. If profit margins remain low (compared to the Waste Management industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Quest Resource Holding Corp is -0.03. This means that Quest Resource Holding Corp earned $-0.03 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Waste Management industry is 3.4%.
What is the trend?
The trend is important because it shows you how Quest Resource Holding Corp is performing over time. The most recent quarter might be important if Quest Resource Holding Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Quest Resource Holding Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Quest Resource Holding Corp with other companies in the same industry (Waste Management).
Net profit margin should rise over the years.
Can be influenced when Quest Resource Holding Corp sells assets (profit will increase while costs remain the same).
It won’t show what part of Quest Resource Holding Corp is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Quest Resource Holding Corp

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Quest Resource Holding Corp = -2,330
Total revenue MRQ Quest Resource Holding Corp = 69,341
$-2,330 / $69,341 = -0.03 or -3.4%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Quest Resource Holding Corp is using its assets to generate profit.

Above 5% is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
-1.3% Return on Assets means that Quest Resource Holding Corp generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Quest Resource Holding Corp:

The MRQ is -1.3%. Using its assets, the company is very inefficient in making profit. -2
The TTM is -1.0%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-1.3%	TTM	-1.0%	-0.3%
TTM	-1.0%	YOY	-0.8%	-0.2%
TTM	-1.0%	5Y	-0.2%	-0.8%
5Y	-0.2%	10Y	-0.9%	+0.7%

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
MRQ	-1.3%	1.0%	-2.3%
TTM	-1.0%	1.1%	-2.1%
YOY	-0.8%	1.4%	-2.2%
5Y	-0.2%	1.3%	-1.5%
10Y	-0.9%	1.2%	-2.1%

Shows how efficient Quest Resource Holding Corp is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Quest Resource Holding Corp is using its resources to generate profit. If the return on assets (-1.3%) from Quest Resource Holding Corp are higher than the Waste Management mean (1.0%) that means Quest Resource Holding Corp is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Quest Resource Holding Corp is -1.3%. This means the company generated $-0.01 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Waste Management industry is 1.0%.
What is the trend?
The trend is important because it shows you how Quest Resource Holding Corp is performing over time. The most recent quarter might be important if Quest Resource Holding Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Quest Resource Holding Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Quest Resource Holding Corp

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Quest Resource Holding Corp = -2,330
Total assets MRQ (balance sheet) from Quest Resource Holding Corp = 177,119
-2,330 / 177,119 = -0.01 or -1.3%

ROA is an important ratio as it will tell you how effectively Quest Resource Holding Corp is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Quest Resource Holding Corp is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
-3.5% Return on Equity means Quest Resource Holding Corp generated $-0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Quest Resource Holding Corp:

The MRQ is -3.5%. Using its investors money, the company is very inefficient in making profit. -2
The TTM is -2.7%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-3.5%	TTM	-2.7%	-0.8%
TTM	-2.7%	YOY	-2.1%	-0.6%
TTM	-2.7%	5Y	-0.8%	-1.9%
5Y	-0.8%	10Y	-1.6%	+0.9%

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
MRQ	-3.5%	3.2%	-6.7%
TTM	-2.7%	2.9%	-5.6%
YOY	-2.1%	4.0%	-6.1%
5Y	-0.8%	3.7%	-4.5%
10Y	-1.6%	2.9%	-4.5%

Shows how efficient Quest Resource Holding Corp is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Waste Management industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Quest Resource Holding Corp is -3.5%. This means Quest Resource Holding Corp generated $-0.04 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Waste Management industry is 3.2%.
What is the trend?
The trend is important because it shows you how Quest Resource Holding Corp is performing over time. The most recent quarter might be important if Quest Resource Holding Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Quest Resource Holding Corp up to 10 years back (depending if Quest Resource Holding Corp existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Quest Resource Holding Corp

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Quest Resource Holding Corp = -2,330
Shareholders equity (balance sheet) MRQ Quest Resource Holding Corp = 66,281
-2,330 / 66,281 = -0.04 or -3.5%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Quest Resource Holding Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Quest Resource Holding Corp is operating .

Measures how much profit Quest Resource Holding Corp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
An Operating Margin of 0.5% means the company generated $0.00 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Quest Resource Holding Corp:

The MRQ is 0.5%. The company is operating inefficient. -1
The TTM is 1.2%. The company is operating less efficient.

Trends

Current period		Compared to		+/-
MRQ	0.5%	TTM	1.2%	-0.7%
TTM	1.2%	YOY	0.3%	+0.8%
TTM	1.2%	5Y	1.5%	-0.3%
5Y	1.5%	10Y	-1.0%	+2.5%

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
MRQ	0.5%	6.0%	-5.5%
TTM	1.2%	5.7%	-4.5%
YOY	0.3%	7.9%	-7.6%
5Y	1.5%	7.0%	-5.5%
10Y	-1.0%	6.6%	-7.6%

Measures how efficient Quest Resource Holding Corp is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Quest Resource Holding Corp is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Quest Resource Holding Corp is 0.5%. This means that Quest Resource Holding Corp earned $0.00 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Waste Management industry is 6.0%.
What is the trend?
The trend is important because it shows you how Quest Resource Holding Corp is performing over time. The most recent quarter might be important if Quest Resource Holding Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Quest Resource Holding Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Quest Resource Holding Corp

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Quest Resource Holding Corp = 326
Total revenue MRQ Quest Resource Holding Corp = 69,341
$326 / $69,341 = 0.00 or 0.5%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Quest Resource Holding Corp is keeping operating costs low.

Below 1 is considered healthy (always compare to Waste Management industry mean).
An Operation Ratio of 1.00 means that the operating costs are $1.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Quest Resource Holding Corp:

The MRQ is 0.995. The company is less efficient in keeping operating costs low.
The TTM is 0.988. The company is less efficient in keeping operating costs low.

Trends

Current period		Compared to		+/-
MRQ	0.995	TTM	0.988	+0.007
TTM	0.988	YOY	0.997	-0.008
TTM	0.988	5Y	0.988	+0.000
5Y	0.988	10Y	1.011	-0.023

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
MRQ	0.995	1.472	-0.477
TTM	0.988	1.421	-0.433
YOY	0.997	1.395	-0.398
5Y	0.988	1.293	-0.305
10Y	1.011	1.190	-0.179

Measures how efficient Quest Resource Holding Corp is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Quest Resource Holding Corp is 99.5%. This means that Quest Resource Holding Corp earned $1.00 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Waste Management industry is 1.47.
What is the trend?
The trend is important because it shows you how Quest Resource Holding Corp is performing over time. The most recent quarter might be important if Quest Resource Holding Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Quest Resource Holding Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Quest Resource Holding Corp

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(60,243 +8,772) \ 69,341 = 1.00

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Quest Resource Holding Corp.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Quest Resource Holding Corp is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Waste Management industry mean).
A Current Ratio of 1.35 means the company has $1.35 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Quest Resource Holding Corp:

The MRQ is 1.349. The company is just able to pay all its short-term debts.
The TTM is 1.321. The company is just able to pay all its short-term debts.

Trends

Current period		Compared to		+/-
MRQ	1.349	TTM	1.321	+0.028
TTM	1.321	YOY	1.424	-0.103
TTM	1.321	5Y	1.399	-0.078
5Y	1.399	10Y	1.257	+0.142

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
MRQ	1.349	1.259	+0.090
TTM	1.321	1.278	+0.043
YOY	1.424	1.233	+0.191
5Y	1.399	1.270	+0.129
10Y	1.257	1.231	+0.026

Measures if Quest Resource Holding Corp is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Waste Management industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Quest Resource Holding Corp if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Quest Resource Holding Corp is 1.35. This means Quest Resource Holding Corp has $1.35 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Waste Management industry is 1.26.
What is the trend?
The trend is important because it shows you how Quest Resource Holding Corp is performing over time. The most recent quarter might be important if Quest Resource Holding Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Quest Resource Holding Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Quest Resource Holding Corp

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
60,613 \ 44,925) = 1.35

The current ratio measures if Quest Resource Holding Corp is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Quest Resource Holding Corp is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Quest Resource Holding Corp does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Quest Resource Holding Corp is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Quest Resource Holding Corp is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
A Quick Ratio of 1.30 means the company can pay off $1.30 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Quest Resource Holding Corp:

The MRQ is 1.302. The company is able to pay all its short-term debts with the most liquid assets. +1
The TTM is 1.259. The company is able to pay all its short-term debts with the most liquid assets. +1

Trends

Current period		Compared to		+/-
MRQ	1.302	TTM	1.259	+0.043
TTM	1.259	YOY	1.361	-0.103
TTM	1.259	5Y	1.328	-0.069
5Y	1.328	10Y	1.193	+0.135

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
MRQ	1.302	0.741	+0.561
TTM	1.259	0.780	+0.479
YOY	1.361	0.835	+0.526
5Y	1.328	0.885	+0.443
10Y	1.193	0.927	+0.266

Measures if Quest Resource Holding Corp is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Quest Resource Holding Corp can pay off its short term debts. This shows if Quest Resource Holding Corp can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Quest Resource Holding Corp is 1.30. This means that Quest Resource Holding Corp can pay off $1.30 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Waste Management industry is 0.74.
What is the trend?
The trend is important because it shows you how Quest Resource Holding Corp is performing over time. The most recent quarter might be important if Quest Resource Holding Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Quest Resource Holding Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Quest Resource Holding Corp

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Quest Resource Holding Corp: (324 + 0 +58,147) / 44,925 = 1.30

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Quest Resource Holding Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Quest Resource Holding Corp assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Quest Resource Holding Corp to Waste Management industry mean.
A Debt to Asset Ratio of 0.63 means that Quest Resource Holding Corp assets are financed with 62.6% credit (debt) and the remaining percentage (100% - 62.6%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Quest Resource Holding Corp:

The MRQ is 0.626. The company is able to pay all its debts by selling its assets. +1
The TTM is 0.608. The company is able to pay all its debts by selling its assets. +1

Trends

Current period		Compared to		+/-
MRQ	0.626	TTM	0.608	+0.018
TTM	0.608	YOY	0.606	+0.002
TTM	0.608	5Y	0.428	+0.180
5Y	0.428	10Y	0.380	+0.047

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
MRQ	0.626	0.598	+0.028
TTM	0.608	0.600	+0.008
YOY	0.606	0.586	+0.020
5Y	0.428	0.595	-0.167
10Y	0.380	0.569	-0.189

Measures how much % of Quest Resource Holding Corp assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Quest Resource Holding Corp than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Quest Resource Holding Corp to Waste Management industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Quest Resource Holding Corp is 0.63. This means means that Quest Resource Holding Corp is financed with 62.6% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Waste Management industry is 125.9%.
What is the trend?
The trend is important because it shows you how Quest Resource Holding Corp is performing over time. The most recent quarter might be important if Quest Resource Holding Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Quest Resource Holding Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Quest Resource Holding Corp has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Quest Resource Holding Corp

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
110,838 \ 177,119 = 62.6% or 0.63.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Quest Resource Holding Corp is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Quest Resource Holding Corp to the Waste Management industry mean.
A Debt to Equity ratio of 167.2% means that company has $1.67 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Quest Resource Holding Corp:

The MRQ is 1.672. The company is just able to pay all its debts with equity.
The TTM is 1.552. The company is just able to pay all its debts with equity.

Trends

Current period		Compared to		+/-
MRQ	1.672	TTM	1.552	+0.120
TTM	1.552	YOY	1.540	+0.012
TTM	1.552	5Y	0.911	+0.641
5Y	0.911	10Y	0.713	+0.198

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
MRQ	1.672	1.562	+0.110
TTM	1.552	1.572	-0.020
YOY	1.540	1.436	+0.104
5Y	0.911	1.543	-0.632
10Y	0.713	1.602	-0.889

Measures if Quest Resource Holding Corp is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Quest Resource Holding Corp is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Quest Resource Holding Corp is 1.67. This means that Quest Resource Holding Corp can pay off $1.67 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Waste Management industry is 1.56.
What is the trend?
The trend is important because it shows you how Quest Resource Holding Corp is performing over time. The most recent quarter might be important if Quest Resource Holding Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Quest Resource Holding Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Quest Resource Holding Corp

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
110,838 \ 66,281 = 1.67 or 167.2%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Quest Resource Holding Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Quest Resource Holding Corp generates.

Above 15 is considered overpriced but always compare Quest Resource Holding Corp to the Waste Management industry mean.
A PE ratio of -15.94 means the investor is paying $-15.94 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Quest Resource Holding Corp:

The EOD is -20.394. Based on the earnings, the company is expensive. -2
The MRQ is -15.937. Based on the earnings, the company is expensive. -2
The TTM is -21.630. Based on the earnings, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-20.394	MRQ	-15.937	-4.457
MRQ	-15.937	TTM	-21.630	+5.692
TTM	-21.630	YOY	-7.430	-14.200
TTM	-21.630	5Y	52.917	-74.547
5Y	52.917	10Y	25.115	+27.803

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
EOD	-20.394	9.941	-30.335
MRQ	-15.937	9.671	-25.608
TTM	-21.630	10.306	-31.936
YOY	-7.430	12.944	-20.374
5Y	52.917	11.225	+41.692
10Y	25.115	13.015	+12.100

Measures how much money you pay for each share for every $1 in earnings Quest Resource Holding Corp generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Quest Resource Holding Corp to the Waste Management industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Quest Resource Holding Corp is -15.94. This means the investor is paying $-15.94 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Waste Management industry is 9.67.
What is the trend?
The trend is important because it shows you how Quest Resource Holding Corp is performing over time. The most recent quarter might be important if Quest Resource Holding Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Quest Resource Holding Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Quest Resource Holding Corp

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 20,264 = EPS
PE ratio MRQ = -15.94

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Quest Resource Holding Corp:

The EOD is -5.481. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -4.283. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is -125.466. Based on how much money comes from the company's main activities, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-5.481	MRQ	-4.283	-1.198
MRQ	-4.283	TTM	-125.466	+121.183
TTM	-125.466	YOY	-17.270	-108.196
TTM	-125.466	5Y	59.362	-184.828
5Y	59.362	10Y	-8.980	+68.342

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
EOD	-5.481	-1.239	-4.242
MRQ	-4.283	-1.561	-2.722
TTM	-125.466	-2.557	-122.909
YOY	-17.270	-1.915	-15.355
5Y	59.362	0.025	+59.337
10Y	-8.980	-1.875	-7.105

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Quest Resource Holding Corp is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Waste Management industry mean).
A PB ratio of 2.24 means the investor is paying $2.24 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Quest Resource Holding Corp:

The EOD is 2.868. Based on the equity, the company is underpriced. +1
The MRQ is 2.241. Based on the equity, the company is underpriced. +1
The TTM is 2.033. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	2.868	MRQ	2.241	+0.627
MRQ	2.241	TTM	2.033	+0.208
TTM	2.033	YOY	1.751	+0.282
TTM	2.033	5Y	1.344	+0.689
5Y	1.344	10Y	0.957	+0.387

Compared to industry (Waste Management)

Period	Company	Industry (mean)	+/-
EOD	2.868	1.261	+1.607
MRQ	2.241	1.390	+0.851
TTM	2.033	1.391	+0.642
YOY	1.751	1.677	+0.074
5Y	1.344	1.503	-0.159
10Y	0.957	2.008	-1.051

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Quest Resource Holding Corp.

3.1. Institutions holding Quest Resource Holding Corp

Institutions are holding 37.468% of the shares of Quest Resource Holding Corp.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Wynnefield Capital Inc	13.4106	7.662	2703773	108084	4.164
2023-12-31	Vanguard Group Inc	3.9755	0.0001	801509	0	0
2023-12-31	Punch & Associates Inv Mgmt Inc	2.0146	0.1741	406175	0	0
2023-12-31	Arnhold & S. Bleichroeder Advisers, LLC	1.7207	0.0061	346908	-19724	-5.3798
2023-12-31	Rice Hall James & Associates, LLC	1.6824	0.144	339191	-17458	-4.895
2023-12-31	Renaissance Technologies Corp	1.4726	0.0034	296892	-8183	-2.6823
2023-12-31	Skylands Capital, LLC	1.3919	0.3028	280624	-21726	-7.1857
2023-12-31	Manatuck Hill Partners LLC	1.1259	0.7012	227000	-20200	-8.1715
2023-12-31	Kennedy Capital Management Inc	0.8912	0.0288	179681	179681	0
2023-12-31	Dimensional Fund Advisors, Inc.	0.7624	0.0003	153709	8488	5.8449
2023-12-31	Geode Capital Management, LLC	0.6825	0.0001	137609	5780	4.3845
2023-12-31	Perritt Capital Management Inc.	0.681	0.563	137300	-4000	-2.8309
2023-12-31	Victory Capital Management Inc.	0.634	0.001	127816	-4085	-3.097
2023-12-31	Ameriprise Financial Inc	0.6009	0.0003	121142	-18405	-13.1891
2023-12-31	Susquehanna International Group, LLP	0.5065	0.0001	102125	87343	590.874
2023-12-31	Ancora Advisors LLC	0.4733	0.0164	95429	57159	149.3572
2023-12-31	BlackRock Inc	0.3626	0	73114	3269	4.6804
2023-12-31	Millennium Management LLC	0.2633	0.0002	53087	53087	0
2023-12-31	Qube Research & Technologies	0.247	0.0007	49792	47206	1825.4447
2023-12-31	State Street Corporation	0.218	0	43947	0	0
Total		33.1169	9.6046	6676823	+436316	+6.5%

3.2. Funds holding Quest Resource Holding Corp

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.7694	0.0003	558617	0	0
2024-02-29	First Eagle Small Cap Opportunity I	1.6077	0.1288	324300	558	0.1724
2023-12-31	First Eagle US Small Cap Strategy	1.6024	0.1403	323217	-12906	-3.8397
2024-03-31	Coeli Circulus Am Sm Cp I Fdr SEK Acc	1.5021	2.0378	302993	21819	7.76
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.019	0.0014	205544	0	0
2024-03-31	Coeli Circulus I Founder SEK	0.8375	1.8483	168939	17009	11.1953
2023-12-31	Kennedy Micro Cap	0.7287	0.2273	146994	146994	0
2023-12-31	Perritt MicroCap Opportunities Investor	0.5007	1.3568	101000	-4000	-3.8095
2024-02-29	Fidelity Extended Market Index	0.3782	0.0014	76288	-370	-0.4827
2024-02-29	Rice Hall James Micro Cap Equity	0.3156	1.0766	63656	0	0
2024-03-29	Dimensional US Targeted Value ETF	0.2281	0.0039	46001	0	0
2023-12-31	Ancora/Thelen Small Mid Cap Core	0.2248	0.086	45350	45350	0
2024-03-28	iShares Micro-Cap ETF	0.1865	0.0351	37612	0	0
2023-12-31	Perritt Ultra MicroCap	0.1765	2.3561	35600	0	0
2023-12-31	THB Micro Cap	0.1731	0.6729	34910	0	0
2023-12-31	Kennedy Micro Cap Opportunities	0.1596	0.4585	32187	32187	0
2023-12-31	Ancora/Thelen Small Cap Core	0.1565	0.3245	31560	31560	0
2024-02-29	Rice Hall James Micro Cap Instl	0.1526	1.0723	30775	-3446	-10.0698
2023-09-30	BlackRock Extended Mkt Composite	0.1237	0.0013	24943	24943	0
2024-03-31	Avanza Impact by Circulus	0.1202	1.9185	24253	0	0
Total		12.9629	13.7481	2614739	+299698	+11.5%

3.3. Insider Transactions

Insiders are holding 28.235% of the shares of Quest Resource Holding Corp.

Date	Owner	Type	Amount	Price
2024-03-13	Wynnefield Partners Small Cap	BUY	14918	6.94
2023-12-20	Audrey Dunning	BUY	2000	6.99
2023-12-14	David P Sweitzer	SELL	21033	6.66
2023-12-13	Brett Wade Johnston	BUY	3000	6.16
2023-12-12	S. Ray Hatch	BUY	2000	6.26
2023-12-06	Wynnefield Partners Small Cap	BUY	898	6.91
2023-12-04	Wynnefield Partners Small Cap	BUY	100	6.97
2023-10-30	Wynnefield Partners Small Cap	BUY	2625	7.25
2023-10-27	Wynnefield Partners Small Cap	BUY	1563	7.25
2023-10-25	Wynnefield Partners Small Cap	BUY	1011	7.25
2023-10-23	Wynnefield Partners Small Cap	BUY	1115	7.25
2023-10-19	Wynnefield Partners Small Cap	BUY	10240	7.24
2023-10-17	Wynnefield Partners Small Cap	BUY	200	7.25
2023-10-12	Wynnefield Partners Small Cap	BUY	1276	7.25
2023-10-02	Wynnefield Partners Small Cap	BUY	4173	7.24
2023-09-22	David P Sweitzer	SELL	23646	7.52
2023-09-07	Wynnefield Partners Small Cap	BUY	276	7.25
2023-08-30	Wynnefield Partners Small Cap	BUY	2440	7.25
2023-08-17	Wynnefield Partners Small Cap	BUY	1315	7.24
2023-08-15	Wynnefield Partners Small Cap	BUY	6362	7.24

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Quest Resource Holding Corp compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-0.085	-0.064	-24%	-0.031	-64%	0.013	-728%	0.015	-669%
Book Value Per Share	-	-	3.271	3.374	-3%	3.526	-7%	3.328	-2%	3.303	-1%
Current Ratio	-	-	1.349	1.321	+2%	1.424	-5%	1.399	-4%	1.257	+7%
Debt To Asset Ratio	-	-	0.626	0.608	+3%	0.606	+3%	0.428	+46%	0.380	+64%
Debt To Equity Ratio	-	-	1.672	1.552	+8%	1.540	+9%	0.911	+84%	0.713	+135%
Dividend Per Share	-	-	-	-	0%	-	0%	0.000	-100%	0.000	-100%
Eps	-	-	-0.115	-0.090	-22%	-0.076	-34%	-0.027	-76%	-0.055	-52%
Free Cash Flow Per Share	-	-	-0.428	-0.040	-91%	-0.047	-89%	-0.001	-100%	-0.019	-96%
Free Cash Flow To Equity Per Share	-	-	-0.027	-0.114	+325%	0.049	-155%	0.043	-163%	0.021	-230%
Gross Profit Margin	-	-	1.000	1.000	0%	1.003	0%	1.001	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	-6.596	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-8.203	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	-0.161	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-0.210	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	-0.864	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-1.164	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	-2.027	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-2.697	-	-	-	-	-	-	-	-
Market Cap	189207732.000	+21%	148535120.000	138293351.000	+7%	126216164.473	+18%	92808308.585	+60%	64340311.030	+131%
Net Profit Margin	-	-	-0.034	-0.025	-24%	-0.023	-32%	-0.005	-85%	-0.024	-29%
Operating Margin	-	-	0.005	0.012	-60%	0.003	+37%	0.015	-69%	-0.010	+307%
Operating Ratio	-	-	0.995	0.988	+1%	0.997	0%	0.988	+1%	1.011	-2%
Pb Ratio	2.868	+22%	2.241	2.033	+10%	1.751	+28%	1.344	+67%	0.957	+134%
Pe Ratio	-20.394	-28%	-15.937	-21.630	+36%	-7.430	-53%	52.917	-130%	25.115	-163%
Price Per Share	9.380	+22%	7.330	6.848	+7%	6.198	+18%	4.565	+61%	3.172	+131%
Price To Free Cash Flow Ratio	-5.481	-28%	-4.283	-125.466	+2829%	-17.270	+303%	59.362	-107%	-8.980	+110%
Price To Total Gains Ratio	-110.878	-28%	-86.645	-156.658	+81%	-35.658	-59%	80.298	-208%	4157.565	-102%
Quick Ratio	-	-	1.302	1.259	+3%	1.361	-4%	1.328	-2%	1.193	+9%
Return On Assets	-	-	-0.013	-0.010	-21%	-0.008	-37%	-0.002	-83%	-0.009	-29%
Return On Equity	-	-	-0.035	-0.027	-24%	-0.021	-40%	-0.008	-78%	-0.016	-53%
Total Gains Per Share	-	-	-0.085	-0.064	-24%	-0.031	-64%	0.013	-728%	0.015	-669%
Usd Book Value	-	-	66281372.000	68138469.000	-3%	72143254.000	-8%	67594991.800	-2%	66867631.250	-1%
Usd Book Value Change Per Share	-	-	-0.085	-0.064	-24%	-0.031	-64%	0.013	-728%	0.015	-669%
Usd Book Value Per Share	-	-	3.271	3.374	-3%	3.526	-7%	3.328	-2%	3.303	-1%
Usd Dividend Per Share	-	-	-	-	0%	-	0%	0.000	-100%	0.000	-100%
Usd Eps	-	-	-0.115	-0.090	-22%	-0.076	-34%	-0.027	-76%	-0.055	-52%
Usd Free Cash Flow	-	-	-8669953.000	-814755.250	-91%	-1008840.000	-88%	-39924.050	-100%	-390726.050	-95%
Usd Free Cash Flow Per Share	-	-	-0.428	-0.040	-91%	-0.047	-89%	-0.001	-100%	-0.019	-96%
Usd Free Cash Flow To Equity Per Share	-	-	-0.027	-0.114	+325%	0.049	-155%	0.043	-163%	0.021	-230%
Usd Market Cap	189207732.000	+21%	148535120.000	138293351.000	+7%	126216164.473	+18%	92808308.585	+60%	64340311.030	+131%
Usd Price Per Share	9.380	+22%	7.330	6.848	+7%	6.198	+18%	4.565	+61%	3.172	+131%
Usd Profit	-	-	-2330009.000	-1822808.000	-22%	-1512103.250	-35%	-533436.900	-77%	-1114633.350	-52%
Usd Revenue	-	-	69341229.000	72094487.250	-4%	71009562.250	-2%	46288585.350	+50%	42353409.175	+64%
Usd Total Gains Per Share	-	-	-0.085	-0.064	-24%	-0.031	-64%	0.013	-728%	0.015	-669%
	EOD	+5 -3	MRQ	TTM	+8 -25	YOY	+6 -28	5Y	+6 -30	10Y	+9 -27

4.2. Fundamental Score

Let's check the fundamental score of Quest Resource Holding Corp based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	-20.394
Price to Book Ratio (EOD)	Between	0-1	2.868
Net Profit Margin (MRQ)	Greater than	0	-0.034
Operating Margin (MRQ)	Greater than	0	0.005
Quick Ratio (MRQ)	Greater than	1	1.302
Current Ratio (MRQ)	Greater than	1	1.349
Debt to Asset Ratio (MRQ)	Less than	1	0.626
Debt to Equity Ratio (MRQ)	Less than	1	1.672
Return on Equity (MRQ)	Greater than	0.15	-0.035
Return on Assets (MRQ)	Greater than	0.05	-0.013
Total			4/10 (40.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of Quest Resource Holding Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	63.284
Ma 20	Greater than	Ma 50	8.944
Ma 50	Greater than	Ma 100	7.862
Ma 100	Greater than	Ma 200	7.401
Open	Greater than	Close	9.030
Total			4/5 (80.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

		2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Long-term Assets Other		574	272	846	-244	602	27	629	-26,366	-25,737

Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	177,119
Total Liabilities	110,838
Total Stockholder Equity	66,281

	As reported
Total Liabilities	110,838
Total Stockholder Equity	+ 66,281
Total Assets	= 177,119

Assets

Total Assets	177,119
Total Current Assets	60,613
Long-term Assets	116,506

Total Current Assets

Total Current Assets (as reported)	60,613
Cash And Cash Equivalents	324
Net Receivables	58,147
Other Current Assets	2,142
Total Current Assets (calculated)	60,613
+/-	0

Long-term Assets

Long-term Assets (as reported)	116,506
Property Plant Equipment	3,992
Goodwill	85,828
Intangible Assets	26,051
Other Assets	0
Long-term Assets (calculated)	115,871
+/-	634

Liabilities & Shareholders' Equity

Total Current Liabilities	44,925
Long-term Liabilities	65,913
Total Stockholder Equity	66,281

Total Current Liabilities

Total Current Liabilities (as reported)	44,925
Short-term Debt	1,653
Short Long Term Debt	1,159
Accounts payable	38,600
Other Current Liabilities	3,162
Total Current Liabilities (calculated)	44,574
+/-	351

Long-term Liabilities

Long-term Liabilities (as reported)	65,913
Long term Debt	64,638
Capital Lease Obligations	1,769
Long-term Liabilities (calculated)	66,407
+/-	494

Total Stockholder Equity

Total Stockholder Equity (as reported)	66,281
Common Stock	20
Retained Earnings	-110,048
Other Stockholders Equity	176,309
Total Stockholder Equity (calculated)	66,281
+/-	0

Other

Capital Stock	20
Cash and Short Term Investments	324
Common Stock Shares Outstanding	20,264
Current Deferred Revenue	1,510
Liabilities and Stockholders Equity	177,119
Net Debt	67,242
Net Invested Capital	132,078
Net Working Capital	15,688
Property Plant and Equipment Gross	6,924
Short Long Term Debt Total	67,566

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

> Total Assets

2
2
51
110
110
102
249
173
173
276
462
320
276
287
439
74
74
5,300
5,125
4,619
99,190
100,647
99,076
103,460
110,126
107,677
106,246
106,579
109,044
109,009
111,059
110,203
107,529
108,069
105,224
100,523
88,459
83,516
83,516
83,268
81,764
81,587
84,438
82,494
80,294
80,656
81,683
80,847
84,589
102,229
108,418
112,925
113,904
175,666
182,768
182,289
186,268
181,491
177,085
170,631
170,440
177,119

177,119

170,440

170,631

177,085

181,491

186,268

182,289

182,768

175,666

113,904

112,925

108,418

102,229

84,589

80,847

81,683

80,656

80,294

82,494

84,438

81,587

81,764

83,268

83,516

88,459

100,523

105,224

108,069

107,529

110,203

111,059

109,009

109,044

106,579

106,246

107,677

110,126

103,460

99,076

100,647

99,190

4,619

5,125

5,300

439

287

276

320

462

276

173

249

102

110

> Total Current Assets

2
2
18
110
110
102
233
52
52
66
236
84
21
22
158
59
59
700
479
392
21,706
23,931
23,229
28,143
35,294
33,471
32,685
33,599
36,110
37,235
40,002
39,367
37,182
38,827
37,108
33,529
22,630
18,827
18,827
20,747
19,646
19,800
20,946
19,354
17,545
18,421
19,910
19,329
22,921
26,006
32,661
35,400
36,482
50,329
56,492
57,740
62,222
57,765
55,791
51,610
53,548
60,613

60,613

53,548

51,610

55,791

57,765

62,222

57,740

56,492

50,329

36,482

35,400

32,661

26,006

22,921

19,329

19,910

18,421

17,545

19,354

20,946

19,800

19,646

20,747

18,827

22,630

33,529

37,108

38,827

37,182

39,367

40,002

37,235

36,110

33,599

32,685

33,471

35,294

28,143

23,229

23,931

21,706

392

479

700

158

236

233

102

110

Cash And Cash Equivalents

1
1
8
0
0
0
119
44
44
49
214
66
5
5
15
51
51
500
314
193
3,630
2,677
1,082
3,197
6,689
3,155
3,312
542
5,054
2,990
3,910
2,025
1,874
1,328
2,128
1,399
1,116
1,055
1,055
1,081
1,048
2,122
2,065
2,088
2,069
3,411
3,350
3,964
6,427
7,516
10,754
10,048
9,100
8,428
7,922
4,217
7,094
9,564
9,805
2,980
870
324

324

870

2,980

9,805

9,564

7,094

4,217

7,922

8,428

9,100

10,048

10,754

7,516

6,427

3,964

3,350

3,411

2,069

2,088

2,065

2,122

1,048

1,081

1,055

1,116

1,399

2,128

1,328

1,874

2,025

3,910

2,990

5,054

542

3,312

3,155

6,689

3,197

1,082

2,677

3,630

193

314

500

214

119

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,048
4,048
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

4,048

Net Receivables

0
0
108
108
110
102
95
0
110
102
0
0
0
0
0
0
0
200
115
166
17,709
20,849
21,593
24,220
28,037
29,632
28,622
31,904
29,786
33,299
35,124
35,567
32,205
34,828
32,812
30,086
20,030
16,263
16,264
17,878
17,153
16,712
17,733
15,893
14,237
13,900
15,185
13,942
15,151
17,421
20,723
23,851
25,919
39,949
46,562
50,649
52,062
45,891
43,579
45,477
49,932
58,147

58,147

49,932

45,477

43,579

45,891

52,062

50,649

46,562

39,949

25,919

23,851

20,723

17,421

15,151

13,942

15,185

13,900

14,237

15,893

17,733

16,712

17,153

17,878

16,264

16,263

20,030

30,086

32,812

34,828

32,205

35,567

35,124

33,299

29,786

31,904

28,622

29,632

28,037

24,220

21,593

20,849

17,709

166

115

200

102

110

102

110

108

Other Current Assets

2
1
11
1
110
102
18
0
7
16
22
15
14
17
136
0
0
38
47
30
367
402
546
726
568
653
752
1,152
1,271
892
968
1,775
3,103
2,671
2,167
2,044
1,484
1,508
1,508
1,788
1,445
966
1,147
1,373
1,239
1,110
1,375
1,423
1,343
1,069
1,184
1,501
1,463
1,953
2,008
2,873
3,066
2,310
2,407
3,154
2,746
2,142

2,142

2,746

3,154

2,407

2,310

3,066

2,873

2,008

1,953

1,463

1,501

1,184

1,069

1,343

1,423

1,375

1,110

1,239

1,373

1,147

966

1,445

1,788

1,508

1,484

2,044

2,167

2,671

3,103

1,775

968

892

1,271

1,152

752

653

568

726

546

402

367

136

102

110

> Long-term Assets

0
0
32
0
0
0
16
0
122
211
226
236
255
265
281
15
15
0
4,646
4,228
77,484
76,716
75,848
75,317
74,832
74,206
73,561
72,980
72,934
71,774
71,057
70,836
70,347
69,242
68,116
66,993
65,830
64,689
64,689
62,521
62,118
61,787
63,492
63,140
62,749
62,235
61,773
61,519
61,667
76,223
75,757
77,525
77,422
125,337
126,277
124,549
124,046
123,726
121,294
119,021
116,892
116,506

116,506

116,892

119,021

121,294

123,726

124,046

124,549

126,277

125,337

77,422

77,525

75,757

76,223

61,667

61,519

61,773

62,235

62,749

63,140

63,492

61,787

62,118

62,521

64,689

65,830

66,993

68,116

69,242

70,347

70,836

71,057

71,774

72,934

72,980

73,561

74,206

74,832

75,317

75,848

76,716

77,484

4,228

4,646

281

265

255

236

226

211

122

Property Plant Equipment

0
0
32
0
0
0
16
5
5
5
4
4
4
3
3
5
5
157
146
133
707
645
583
556
525
753
628
623
1,253
1,308
1,383
1,477
1,438
2,415
1,246
1,148
1,042
1,320
1,320
795
699
968
2,557
2,407
2,688
2,436
1,967
1,948
1,814
3,384
2,947
2,719
2,729
5,596
4,342
3,589
5,033
5,911
5,539
4,488
4,237
3,992

3,992

4,237

4,488

5,539

5,911

5,033

3,589

4,342

5,596

2,729

2,719

2,947

3,384

1,814

1,948

1,967

2,436

2,688

2,407

2,557

968

699

795

1,320

1,042

1,148

1,246

2,415

1,438

1,477

1,383

1,308

1,253

623

628

753

525

556

583

645

707

133

146

157

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
57,937
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,337
58,208
58,208
58,208
58,208
58,208
58,208
58,208
58,208
58,208
58,208
66,310
66,310
66,795
66,795
80,622
81,165
82,349
82,479
84,258
84,258
84,258
84,258
85,828

85,828

84,258

82,479

82,349

81,165

80,622

66,795

66,310

58,208

58,337

57,937

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
97
96
96
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
247
247
247
247
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

247

Intangible Assets

0
0
0
0
0
0
40
40
40
89
105
129
147
158
175
0
0
100
129
129
18,725
17,637
16,832
16,312
15,858
15,116
14,363
13,792
13,134
11,828
11,070
10,201
9,328
8,490
7,652
6,800
5,910
5,032
5,032
3,166
2,866
2,611
2,360
2,125
1,853
1,591
1,304
1,016
914
6,529
6,206
7,711
7,263
39,119
39,717
37,614
35,581
33,557
31,497
29,673
27,768
26,051

26,051

27,768

29,673

31,497

33,557

35,581

37,614

39,717

39,119

7,263

7,711

6,206

6,529

914

1,016

1,304

1,591

1,853

2,125

2,360

2,611

2,866

3,166

5,032

5,910

6,800

7,652

8,490

9,328

10,201

11,070

11,828

13,134

13,792

14,363

15,116

15,858

16,312

16,832

17,637

18,725

129

100

175

158

147

129

105

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
4,007
0
0
0
4,403
4,500
4,094
76,777
76,070
75,264
74,761
74,307
73,673
72,933
72,357
71,681
70,466
69,674
69,359
68,909
67,900
66,870
65,846
64,787
63,732
481
351
345
354
366
153
181
60
47
99
484
47
48
54
388
862
2,751
751
706
0
0
602
0
0

602

706

751

2,751

862

388

484

181

153

366

354

345

351

481

63,732

64,787

65,846

66,870

67,900

68,909

69,359

69,674

70,466

71,681

72,357

72,933

73,673

74,307

74,761

75,264

76,070

76,777

4,094

4,500

4,403

4,007

> Total Liabilities

-2
-2
0
14
17
17
73
138
138
331
297
189
129
279
350
321
321
22,200
2,339
2,801
42,524
46,666
46,392
49,810
33,448
32,199
31,997
33,403
37,216
39,517
40,382
40,998
38,468
40,797
39,665
36,052
24,921
21,368
21,368
22,546
21,537
21,044
23,855
21,585
19,053
19,012
19,893
17,418
17,855
34,186
38,665
41,887
41,922
102,038
111,066
108,941
113,886
110,352
107,609
101,519
102,755
110,838

110,838

102,755

101,519

107,609

110,352

113,886

108,941

111,066

102,038

41,922

41,887

38,665

34,186

17,855

17,418

19,893

19,012

19,053

21,585

23,855

21,044

21,537

22,546

21,368

24,921

36,052

39,665

40,797

38,468

40,998

40,382

39,517

37,216

33,403

31,997

32,199

33,448

49,810

46,392

46,666

42,524

2,801

2,339

22,200

321

350

279

129

189

297

331

138

-2

> Total Current Liabilities

0
0
0
14
17
17
73
138
138
199
230
185
104
254
272
254
254
1,300
1,440
1,694
25,642
29,290
28,568
31,533
33,407
32,154
31,953
26,118
34,111
35,176
36,558
36,609
34,815
35,712
31,522
29,809
18,147
14,583
14,583
17,620
16,601
15,850
17,088
15,271
13,530
13,336
14,359
12,805
13,033
17,264
22,511
25,366
24,436
37,720
43,552
41,832
41,491
38,055
37,711
41,130
44,573
44,925

44,925

44,573

41,130

37,711

38,055

41,491

41,832

43,552

37,720

24,436

25,366

22,511

17,264

13,033

12,805

14,359

13,336

13,530

15,271

17,088

15,850

16,601

17,620

14,583

18,147

29,809

31,522

35,712

34,815

36,609

36,558

35,176

34,111

26,118

31,953

32,154

33,407

31,533

28,568

29,290

25,642

1,694

1,440

1,300

254

272

254

104

185

230

199

138

Short-term Debt

0
0
0
0
0
0
38
38
38
113
113
75
43
104
155
70
70
100
128
59
2,286
2,791
4,766
5,266
5,250
5,250
5,250
-25,868
-33,861
-34,847
-36,125
-36,142
-34,300
-2,361
0
6,235
6,785
6,805
-1,515
4,940
0
-1,753
595
609
624
628
632
636
640
624
1,297
1,329
1,334
1,329
2,359
1,599
1,576
1,159
1,159
1,649
1,652
1,653

1,653

1,652

1,649

1,159

1,576

1,599

2,359

1,329

1,334

1,329

1,297

624

640

636

632

628

624

609

595

-1,753

4,940

-1,515

6,805

6,785

6,235

-2,361

-34,300

-36,142

-36,125

-34,847

-33,861

-25,868

5,250

5,266

4,766

2,791

2,286

128

100

155

104

113

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,297
0
0
0
4,402
0
0
0
5,065
0
6,235
6,785
6,805
5,130
4,940
0
0
595
0
0
0
0
0
0
624
624
652
652
1,329
1,644
1,159
1,159
1,159
1,159
1,159
1,159
1,159

1,159

1,644

1,329

652

624

595

4,940

5,130

6,805

6,785

6,235

5,065

4,402

5,297

Accounts payable

0
0
0
0
2
1
0
0
0
0
0
63
62
148
112
140
140
317
355
458
20,093
23,590
21,416
23,630
27,830
26,622
26,379
25,868
33,861
34,847
36,125
36,142
34,300
35,306
29,010
27,279
16,221
14,254
14,254
15,904
14,857
15,778
14,390
12,895
10,990
13,317
12,558
10,425
10,604
12,512
17,108
20,106
18,664
26,435
31,700
31,313
29,885
32,207
30,009
33,415
37,121
38,600

38,600

37,121

33,415

30,009

32,207

29,885

31,313

31,700

26,435

18,664

20,106

17,108

12,512

10,604

10,425

12,558

13,317

10,990

12,895

14,390

15,778

14,857

15,904

14,254

16,221

27,279

29,010

35,306

34,300

36,142

36,125

34,847

33,861

25,868

26,379

26,622

27,830

23,630

21,416

23,590

20,093

458

355

317

140

112

148

Other Current Liabilities

0
0
14
14
15
15
35
0
101
86
117
46
0
2
5
44
44
814
702
882
2,994
2,674
2,043
2,155
328
282
324
25,868
33,861
34,847
36,125
36,142
34,300
2,361
2,126
2,121
1,602
329
1,515
1,590
1,650
1,753
2,052
1,744
1,900
-628
1,147
1,573
1,767
2,736
1,584
3,677
4,102
6,234
4,969
6,476
7,416
1,958
3,989
3,384
3,983
3,162

3,162

3,983

3,384

3,989

1,958

7,416

6,476

4,969

6,234

4,102

3,677

1,584

2,736

1,767

1,573

1,147

-628

1,900

1,744

2,052

1,753

1,650

1,590

1,515

329

1,602

2,121

2,126

2,361

34,300

36,142

36,125

34,847

33,861

25,868

324

282

328

2,155

2,043

2,674

2,994

882

702

814

117

101

> Long-term Liabilities

0
0
0
0
2
1
38
0
38
133
67
4
25
25
78
67
67
0
899
1,107
16,881
17,376
17,824
18,276
40
45
44
7,285
3,106
4,341
3,824
4,388
3,653
5,085
8,143
6,244
6,774
6,785
6,785
4,927
4,936
5,194
6,767
6,314
5,523
5,676
5,534
4,614
4,822
16,922
16,153
16,521
17,486
64,318
67,514
67,108
72,395
72,297
69,898
60,389
58,182
65,913

65,913

58,182

60,389

69,898

72,297

72,395

67,108

67,514

64,318

17,486

16,521

16,153

16,922

4,822

4,614

5,534

5,676

5,523

6,314

6,767

5,194

4,936

4,927

6,785

6,774

6,244

8,143

5,085

3,653

4,388

3,824

4,341

3,106

7,285

18,276

17,824

17,376

16,881

1,107

899

133

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
25
25
78
6
6
0
899
1,107
16,881
17,376
17,824
18,276
0
0
0
7,250
3,000
4,000
3,500
4,000
3,250
4,750
8,023
6,168
6,731
6,763
5,101
4,924
4,935
5,195
5,158
4,861
4,228
4,535
4,553
3,793
4,163
14,949
14,300
14,790
0
62,409
65,716
66,401
70,315
70,573
68,307
0
0
0

68,307

70,573

70,315

66,401

65,716

62,409

14,790

14,300

14,949

4,163

3,793

4,553

4,535

4,228

4,861

5,158

5,195

4,935

4,924

5,101

6,763

6,731

6,168

8,023

4,750

3,250

4,000

3,500

4,000

3,000

7,250

18,276

17,824

17,376

16,881

1,107

899

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,234
0
0
0
0
0
0
10
21
24
23
23
51
45
131
167
126
92
60
38
19
7
2
1
0
1,609
0
1,295
4
4
4
4
1,974
1,853
1,731
1,608
1,909
785
229
2,080
0
1,591
0
0
0

1,591

2,080

229

785

1,909

1,608

1,731

1,853

1,974

1,295

1,609

126

167

131

20,234

> Total Stockholder Equity

2
2
50
96
93
86
176
0
35
-55
165
131
146
9
90
-247
-247
0
2,786
1,819
56,666
53,981
52,684
53,650
76,678
75,478
74,250
73,175
71,828
69,492
70,676
69,206
69,061
67,272
65,558
64,470
63,538
62,148
62,148
60,722
60,228
60,543
60,583
60,909
61,241
61,644
61,790
63,429
66,734
68,043
69,753
71,039
71,981
73,628
71,703
73,349
72,383
71,139
69,476
69,112
67,685
66,281

66,281

67,685

69,112

69,476

71,139

72,383

73,349

71,703

73,628

71,981

71,039

69,753

68,043

66,734

63,429

61,790

61,644

61,241

60,909

60,583

60,543

60,228

60,722

62,148

63,538

64,470

65,558

67,272

69,061

69,206

70,676

69,492

71,828

73,175

74,250

75,478

76,678

53,650

52,684

53,981

56,666

1,819

2,786

-247

146

131

165

-55

176

Common Stock

7
7
12
12
12
12
35
0
35
36
38
38
39
39
40
43
43
58
65
65
96
96
96
97
112
112
112
112
112
112
119
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
18
18
19
19
19
19
19
19
19
20
20
20
20
20

119

112

Retained Earnings

-110,048

-107,718

-105,668

-104,781

-102,757

-99,429

-97,743

-98,893

-96,709

-96,168

-96,554

-97,253

-98,400

-98,524

-98,252

-99,461

-99,229

-99,264

-99,311

-99,338

-99,174

-99,267

-98,586

-96,735

-95,155

-94,075

-92,824

-90,915

-89,565

-87,161

-85,113

-82,869

-80,100

-78,447

-76,942

-75,423

-73,586

-68,841

-67,014

-65,526

-62,584

-53,333

-51,024

-47,700

-3,735

-2,379

-2,133

-1,965

-1,822

-1,633

-1,481

-1,067

-500

-72

-65

-62

-106

-6

-5

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
2,099
2,129
2,455
3,471
3,724
0
53,745
55,086
119,155
119,411
119,603
122,394
150,153
150,789
151,080
151,510
151,817
152,250
155,671
156,352
158,611
158,172
158,367
158,530
158,678
158,868
159,092
159,293
159,480
159,702
159,906
160,204
160,490
160,858
161,235
161,666
165,239
166,425
166,987
167,574
0
170,318
170,577
171,073
171,793
173,876
174,237
0
0
0

174,237

173,876

171,793

171,073

170,577

170,318

167,574

166,987

166,425

165,239

161,666

161,235

160,858

160,490

160,204

159,906

159,702

159,480

159,293

159,092

158,868

158,678

158,530

158,367

158,172

158,611

156,352

155,671

152,250

151,817

151,510

151,080

150,789

150,153

122,394

119,603

119,411

119,155

55,086

53,745

3,724

3,471

2,455

2,129

2,099

Treasury Stock

-26

Other Stockholders Equity

0
0
144
145
145
145
641
0
1,067
1,390
1,760
1,915
2,073
2,103
2,428
3,445
3,445
0
53,976
55,332
120,666
120,812
121,073
123,937
151,777
152,482
152,849
153,349
153,712
154,223
157,753
158,557
160,939
160,614
160,842
161,118
160,767
0
161,061
161,689
161,926
162,225
162,497
162,845
162,839
162,852
163,280
163,761
167,337
166,425
169,293
167,574
168,131
170,318
170,577
171,073
171,793
173,876
174,237
174,759
175,383
176,309

176,309

175,383

174,759

174,237

173,876

171,793

171,073

170,577

170,318

168,131

167,574

169,293

166,425

167,337

163,761

163,280

162,852

162,839

162,845

162,497

162,225

161,926

161,689

161,061

160,767

161,118

160,842

160,614

160,939

158,557

157,753

154,223

153,712

153,349

152,849

152,482

151,777

123,937

121,073

120,812

120,666

55,332

53,976

3,445

2,428

2,103

2,073

1,915

1,760

1,390

1,067

641

145

144

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31
Accounts Payable	38,600	32,207	26,435	12,512	13,317	15,778	14,254	35,306	34,847	26,622	23,590	317	63	63	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	0	0	0	0	-1,994	-2,524	-2,193	-2,443	-1,974	-1,693	-1,401	-2	-2	0	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	1,769	2,214	1,993	668	628	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	20	20	19	18	15	15	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	173,876	170,318	166,425	160,858	159,702	158,868	158,172	152,250	150,789	0	0	3,471	0	0	0	0
Cash	324	9,564	8,428	7,516	3,411	2,122	1,055	1,328	2,990	3,155	2,677	486	66	44	0	0	1
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	324	9,564	8,428	7,516	3,411	2,122	1,055	1,328	2,990	3,155	2,677	486	66	44	0	0	1
Common Stock	20	20	19	18	15	15	15	15	112	112	96	58	38	35	12	12	7
Common Stock Shares Outstanding	20,123	19,474	20,735	16,756	15,347	15,311	15,281	14,738	13,962	12,569	9,632	7,124	915	473	239	239	2
Common Stock Total Equity	0	20	19	18	15	15	15	15	112	112	96	43	38	35	12	12	7
Current Deferred Revenue	1,510	2,731	3,722	1,393	19	72	329	406	329	282	235	166	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	85,828	84,258	80,622	66,310	58,208	58,208	58,337	58,337	58,337	58,337	58,337	0	0	0	0	0	0
Intangible Assets	26,051	33,557	39,119	6,529	1,591	2,611	5,032	8,490	11,828	15,116	17,637	129	129	40	40	0	0
Inventory	0	0	-1	0	0	0	0	0	54	31	3	4	4	4	0	0	0
Liabilities And Stockholders Equity	177,119	181,491	175,666	102,229	80,656	81,587	83,516	108,069	109,009	107,677	100,647	5,262	320	173	110	110	3
Long Term Debt	64,638	70,573	62,409	14,949	4,535	5,195	6,763	4,750	4,000	24	17,376	686	6	0	0	0	0
Long Term Debt Total	0	70,573	62,409	14,949	4,535	5,195	6,763	4,750	4,000	0	0	0	6	0	0	0	0
Long Term Investments	0	0	0	0	247	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	67,242	62,168	55,310	8,056	1,124	3,072	5,708	3,422	1,010	2,095	17,490	372	13	-7	0	0	-1
Net Invested Capital	132,078	142,871	137,367	83,616	66,179	65,737	68,911	0	0	0	0	0	0	0	0	0	0
Net Receivables	58,147	45,891	39,949	17,421	13,900	16,712	16,264	34,828	33,299	29,632	20,849	174	0	0	108	108	0
Net Tangible Assets	0	-46,675	-46,112	-4,796	1,845	-277	-1,221	445	-673	2,025	0	0	-247	0	0	0	0
Net Working Capital	15,688	19,710	12,609	8,743	5,084	3,950	4,244	3,115	2,059	1,317	-5,359	-600	-100	-86	96	96	0
Non Current Assets Total	116,506	123,726	125,337	76,223	62,235	61,787	64,689	69,242	71,774	74,206	76,716	4,560	236	122	0	0	0
Non Current Liabilities Other	0	1,724	1,909	1,974	1,141	0	22	336	341	45	0	0	67	0	0	0	0
Non Current Liabilities Total	65,913	72,297	64,318	16,922	5,676	5,194	6,785	5,085	4,341	45	17,376	20,919	4	38	0	0	0
Non Currrent Assets Other	314	574	1,109	293	307	354	363	1,074	300	220	96	221	103	77	7	0	0
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	0	862	47	60	354	363	1,074	300	219	96	226	1,121	0	0	0	0
Other Current Assets	2,142	2,310	1,953	1,069	1,110	966	1,508	2,671	892	653	402	38	15	7	1	1	2
Other Current Liab	3,162	1,958	6,234	2,736	-628	1,753	1,515	2,361	34,847	282	2,674	648	46	101	14	14	0
Other Liab	0	0	1,909	1,974	4	0	19	127	51	21	0	20,234	0	0	0	0	0
Other Stockholder Equity	176,309	173,876	170,318	166,425	160,858	162,225	161,061	160,614	154,223	152,482	120,812	30,708	1,915	1,067	145	145	0
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	1,375	0	0	0	0
Property Plant And Equipment Gross	6,924	7,509	6,259	3,384	2,130	615	957	1,341	1,308	534	645	5	4	5	5	0	0
Property Plant And Equipment Net	3,992	5,911	5,596	3,384	2,436	968	1,320	2,415	1,308	753	645	157	4	5	0	0	0
Property Plant Equipment	0	5,911	5,597	3,384	2,436	968	1,320	2,415	1,609	753	646	157	5	0	0	0	0
Retained Earnings	-110,048	-102,757	-96,709	-98,400	-99,229	-99,174	-96,735	-90,915	-82,869	-75,423	-65,526	-47,726	-1,822	-1,067	-62	-62	-5
Retained Earnings Total Equity	0	-102,757	-96,709	-98,400	-99,229	-99,174	-96,735	-90,915	-82,869	-75,423	0	0	3,735	0	0	0	0
Short Long Term Debt	1,159	1,159	1,329	624	0	0	6,805	5,065	4,402	5,297	0	0	0	0	0	0	0
Short Long Term Debt Total	67,566	71,732	63,738	15,572	4,535	5,194	6,763	4,750	4,000	5,250	20,167	857	79	38	38	0	0
Short Term Debt	1,653	1,159	1,329	624	628	-1,753	-1,515	-2,361	-34,847	5,250	2,791	171	75	38	38	0	0
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	177,119	181,491	175,666	102,229	80,656	81,587	83,516	108,069	109,009	107,677	100,647	5,262	320	173	110	110	3
Total Current Assets	60,613	57,765	50,329	26,006	18,421	19,800	18,827	38,827	37,235	33,471	23,931	702	84	52	110	110	3
Total Current Liabilities	44,925	38,055	37,720	17,264	13,336	15,850	14,583	35,712	35,176	32,154	29,290	1,302	185	138	14	14	0
Total Liab	110,838	110,352	102,038	34,186	19,012	21,044	21,368	40,797	39,517	32,199	46,666	22,222	189	138	14	14	-3
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	66,281	71,139	73,628	68,043	61,644	60,543	62,148	67,272	69,492	75,478	53,981	-16,960	131	35	96	96	3
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	-26	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30
Accounts Payable	38,600	37,121	33,415	30,009	32,207	29,885	31,313	31,700	26,435	18,664	20,106	17,108	12,512	10,604	10,425	12,558	13,317	10,990	12,895	14,390	15,778	14,857	15,904	14,254	14,254	16,221	27,279	29,010	35,306	34,300	36,142	36,125	34,847	33,861	25,868	26,379	26,622	27,830	23,630	21,416	23,590	20,093	458	355	317	140	140	112	148	62	63	0	0	0	0	0	1	2	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	0	0	0	0	0	0	0	0	0	0	0	-2,305	0	-2,098	-2,095	-2,045	-1,994	-2,349	-2,640	-2,591	-2,524	-2,447	-2,397	-2,193	-2,193	-2,089	-2,588	-2,475	-2,443	-2,328	-2,205	-2,082	-1,974	-1,895	-1,839	-1,769	-1,693	-1,624	-1,543	-1,470	-1,401	-1,512	-246	-231	-200	-2	-2	0	0	0	0	0	0	0	0	0	0	0	0	-1	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	1,769	1,889	2,012	2,086	2,214	2,267	918	1,728	1,993	682	677	673	668	640	636	632	628	1,919	2,062	2,204	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	25	29	33	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	20	20	20	20	20	19	19	19	19	19	19	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	0	0	174,237	173,876	171,793	171,073	170,577	170,318	0	167,574	166,987	166,425	165,239	161,666	161,235	160,858	160,490	160,204	159,906	159,702	159,480	159,293	159,092	158,868	158,678	158,530	158,367	158,172	158,611	156,352	155,671	152,250	151,817	151,510	151,080	150,789	150,153	122,394	119,603	119,411	119,155	55,086	53,745	0	3,724	3,471	2,455	2,129	2,099	0	0	0	0	0	0	0	0	0	0	0	0
Cash	324	870	2,980	9,805	9,564	7,094	4,217	7,922	8,428	9,100	10,048	10,754	7,516	6,427	3,964	3,350	3,411	2,069	2,088	2,065	2,122	1,048	1,081	1,055	1,055	1,116	1,399	2,128	1,328	1,874	2,025	3,910	2,990	5,054	542	3,312	3,155	6,689	3,197	1,082	2,677	3,630	193	314	500	51	51	15	5	5	66	214	49	44	44	119	0	0	0	8	1	1
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	324	870	2,980	9,805	9,564	7,094	4,217	7,922	8,428	9,100	10,048	10,754	7,516	6,427	3,964	3,350	3,411	2,069	2,088	2,065	2,122	1,048	1,081	1,055	1,055	1,116	1,399	2,128	1,328	1,874	2,025	3,910	2,990	5,054	542	3,312	3,155	6,689	3,197	1,082	2,677	3,630	193	314	0	51	51	15	5	5	66	214	49	44	0	119	0	0	0	8	1	1
Common Stock	20	20	20	20	20	19	19	19	19	19	19	19	18	18	15	15	15	15	15	15	15	15	15	15	15	15	15	15	15	15	15	119	112	112	112	112	112	112	97	96	96	96	65	65	58	43	43	40	39	39	38	38	36	35	0	35	12	12	12	12	7	7
Common Stock Shares Outstanding	20,264	20,060	19,962	19,932	19,922	19,368	21,349	19,245	19,185	21,308	20,501	19,413	18,801	17,290	15,468	15,397	15,417	15,399	15,362	15,329	15,321	15,313	15,308	15,292	15,292	15,281	15,276	15,273	15,268	14,854	14,840	13,983	13,983	13,964	13,961	13,952	13,950	12,250	12,081	11,978	11,978	11,067	8,167	7,245	25,550	980	980	980	973	969	918	918	901	895	895	471	360	75	279	279	185	185
Common Stock Total Equity	0	0	0	20	20	19	19	19	19	0	19	19	18	18	15	15	15	15	15	15	15	15	15	15	15	15	15	15	15	15	15	119	112	112	112	112	112	112	97	96	96	96	65	100	100	43	43	40	39	39	38	38	36	35	35	35	12	12	12	12	7	7
Current Deferred Revenue	1,510	1,817	2,682	2,554	2,731	2,614	2,445	4,523	3,722	336	254	2,523	1,393	22	171	23	19	16	23	52	72	94	126	329	0	324	408	386	406	515	467	434	329	249	250	324	282	328	482	343	235	269	296	255	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	85,828	84,258	84,258	84,258	84,258	82,479	82,349	81,165	80,622	66,795	66,795	66,310	66,310	58,208	58,208	58,208	58,208	58,208	58,208	58,208	58,208	58,208	58,208	58,337	58,337	58,337	58,337	58,337	58,337	58,337	58,337	58,337	58,337	58,337	58,337	58,337	58,337	58,337	58,337	58,337	58,337	57,937	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	26,051	27,768	29,673	31,497	33,557	35,581	37,614	39,717	39,119	7,263	7,711	6,206	6,529	914	1,016	1,304	1,591	1,853	2,125	2,360	2,611	2,866	3,166	5,032	5,032	5,910	6,800	7,652	8,490	9,328	10,201	11,070	11,828	13,134	13,792	14,363	15,116	15,858	16,312	16,832	17,637	18,725	129	129	100	0	0	175	158	147	129	105	89	40	40	40	0	0	0	0	0	0
Inventory	0	0	0	0	0	0	0	0	-1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	11	11	11	0	16	181	54	54	13	14	31	31	0	0	8	3	0	3	3	4	7	7	7	0	2	4	0	0	0	0	0	-102	-110	0	0	0	0
Liabilities And Stockholders Equity	177,119	170,440	170,631	177,085	181,491	186,268	182,289	182,768	175,666	113,904	112,925	108,418	102,229	84,589	80,847	81,683	80,656	80,294	82,494	84,438	81,587	81,764	83,268	83,516	83,516	88,459	100,523	105,224	108,069	107,529	110,203	111,059	109,009	109,044	106,579	106,246	107,677	110,126	103,460	99,076	100,647	99,190	4,619	5,125	5,200	74	74	439	287	276	320	462	276	173	173	249	102	110	110	51	2	2
Long Term Debt	64,638	56,786	58,868	68,307	70,573	70,315	66,401	65,716	62,409	15,878	14,790	14,300	14,949	4,163	3,793	4,553	4,535	4,228	4,861	5,158	5,195	4,935	4,924	5,101	6,763	6,731	6,168	8,023	4,750	3,250	4,000	3,500	4,000	3,000	7,250	19	24	31	18,251	17,795	17,376	16,881	1,107	899	686	6	6	78	25	25	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	0	0	68,307	70,573	70,315	66,401	65,716	62,409	0	14,790	14,300	14,949	4,163	3,793	4,553	4,535	4,228	4,861	5,158	5,195	4,935	4,924	5,101	6,763	6,731	6,168	8,023	4,750	3,250	4,000	3,500	4,000	3,000	7,250	0	0	0	18,276	17,824	17,376	16,881	1,107	899	0	6	6	78	25	25	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	247	247	247	247	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	96	96	97	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	67,242	58,963	59,059	59,661	62,168	66,647	64,260	61,167	55,310	8,111	6,071	4,843	8,056	-1,625	465	1,835	1,124	3,454	4,836	5,296	3,072	3,887	3,843	5,708	5,708	5,615	4,769	5,895	3,422	1,376	1,975	-410	1,010	-2,054	6,708	1,938	2,095	-1,439	20,346	21,508	17,490	15,537	973	712	300	85	85	218	123	63	13	-34	196	-7	-7	-82	0	0	0	-8	-1	-1
Net Invested Capital	132,078	125,630	129,138	138,942	142,871	143,856	140,909	139,062	137,367	88,511	86,480	84,677	83,616	70,896	67,222	66,343	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	58,147	49,932	45,477	43,579	45,891	52,062	50,649	46,562	39,949	25,919	23,851	20,723	17,421	15,151	13,942	15,185	13,900	14,237	15,893	17,733	16,712	17,153	17,878	16,264	16,263	20,030	30,086	32,812	34,828	32,205	35,567	35,124	33,299	29,786	31,904	28,622	29,632	28,037	24,220	21,593	20,849	17,709	166	115	200	0	0	0	0	0	0	0	102	110	0	95	102	110	108	108	0	0
Net Tangible Assets	0	0	-44,819	-46,279	-46,675	-45,678	-46,614	-49,179	-46,112	-2,076	-3,467	-2,763	-4,796	7,611	4,204	2,277	1,845	1,180	576	14	-277	-847	-653	-1,187	-1,221	-710	-667	-431	445	1,396	667	1,269	-673	357	1,046	1,549	2,025	2,483	-20,999	-22,485	-21,993	-19,996	1,690	2,658	0	-254	-247	90	9	146	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	15,688	8,975	10,480	18,080	19,710	20,731	15,908	12,940	12,609	12,046	10,034	10,150	8,743	9,889	6,524	5,551	5,085	4,015	4,083	3,858	3,950	3,045	3,127	4,244	4,244	4,483	3,721	5,586	3,115	2,367	2,758	3,443	2,059	2,000	7,481	733	1,317	1,887	-3,390	-5,340	-5,359	-3,936	-1,302	-961	-600	-195	-195	-114	-231	-84	-100	6	-133	-86	-86	160	86	93	96	18	0	0
Non Current Assets Total	116,506	116,892	119,021	121,294	123,726	124,046	124,549	126,277	125,337	77,422	77,525	75,757	76,223	61,667	61,519	61,773	62,235	62,749	63,140	63,492	61,787	62,118	62,521	64,689	64,689	65,830	66,993	68,116	69,242	70,347	70,836	71,057	71,774	72,934	72,980	73,561	74,206	74,832	75,317	75,848	76,716	77,484	4,228	4,646	0	15	15	281	265	255	236	226	211	122	0	16	0	0	0	32	0	0
Non Current Liabilities Other	0	0	0	1,591	1,724	4	707	1,798	1,909	1,609	1,731	1,853	1,974	660	821	981	1,141	1,295	1,452	1,609	0	1	2	9	22	44	76	121	336	403	388	324	341	106	35	44	45	40	0	0	0	0	0	0	0	44	67	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	65,913	58,182	60,389	69,898	72,297	72,395	67,108	67,514	64,318	17,486	16,521	16,153	16,922	4,822	4,614	5,534	5,676	5,523	6,314	6,767	5,194	4,936	4,927	6,785	6,785	6,774	6,244	8,143	5,085	3,653	4,388	3,824	4,341	3,106	7,285	44	45	40	18,276	17,824	17,376	16,881	1,107	899	0	67	67	78	25	25	4	67	133	38	0	38	1	2	0	0	0	0
Non Currrent Assets Other	-25,737	629	602	846	574	953	998	1,053	1,109	635	300	294	293	730	346	294	307	427	399	366	354	345	351	481	0	540	708	881	1,074	1,243	821	266	300	210	228	232	220	112	112	96	96	109	133	143	200	10	10	103	103	104	103	117	117	77	7	-40	0	0	0	0	0	0
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	0	602	0	0	706	751	2,751	862	388	54	48	47	484	99	47	60	181	153	366	354	345	351	481	63,732	64,787	65,846	66,870	67,900	68,909	69,359	69,674	70,466	71,681	72,357	72,933	73,673	74,307	74,761	75,264	76,070	76,777	4,094	4,500	4,403	0	0	0	4,007	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Assets	2,142	2,746	3,154	2,407	2,310	3,066	2,873	2,008	1,953	1,463	1,501	1,184	1,069	1,343	1,423	1,375	1,110	1,239	1,373	1,147	966	1,445	1,788	1,508	1,508	1,484	2,044	2,167	2,671	3,103	1,775	968	892	1,271	1,152	752	653	568	726	546	402	367	30	47	38	0	0	136	17	14	15	22	16	7	0	18	102	110	1	11	1	2
Other Current Liab	3,162	3,983	3,384	3,989	1,958	7,416	6,476	4,969	6,234	4,102	3,677	1,584	2,736	1,767	1,573	1,147	-628	1,900	1,744	2,052	1,753	1,650	1,590	1,515	329	1,602	2,121	2,126	2,361	34,300	36,142	36,125	34,847	33,861	25,868	324	282	328	2,155	2,043	2,674	2,994	882	702	814	44	44	5	2	0	46	117	86	101	0	35	15	15	14	14	0	0
Other Liab	0	0	0	1,591	0	2,080	229	785	1,909	1,608	1,731	1,853	1,974	4	4	4	4	1,295	0	1,609	0	1	2	7	19	38	60	92	126	167	131	45	51	23	23	24	21	10	0	0	0	0	0	0	20,234	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	176,309	175,383	174,759	174,237	173,876	171,793	171,073	170,577	170,318	168,131	167,574	169,293	166,425	167,337	163,761	163,280	162,852	162,839	162,845	162,497	162,225	161,926	161,689	161,061	0	160,767	161,118	160,842	160,614	160,939	158,557	157,753	154,223	153,712	153,349	152,849	152,482	151,777	123,937	121,073	120,812	120,666	55,332	53,976	0	3,445	3,445	2,428	2,103	2,073	1,915	1,760	1,390	1,067	0	641	145	145	145	144	0	0
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,375	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	6,924	7,322	7,423	7,430	7,509	7,360	0	0	0	0	2,719	2,947	3,384	1,814	1,948	1,967	2,130	2,260	2,407	2,557	615	699	795	957	957	1,042	1,148	1,246	1,341	1,438	1,477	1,383	1,308	1,253	623	628	534	525	556	583	645	707	133	200	200	5	5	3	3	4	4	4	5	5	5	16	0	0	0	32	0	0
Property Plant And Equipment Net	3,992	4,237	4,488	5,539	5,911	5,033	3,589	4,342	5,596	2,729	2,719	2,947	3,384	1,814	1,948	1,967	2,436	2,688	2,407	2,557	968	699	795	1,320	0	1,042	1,148	1,246	2,415	1,438	1,477	1,383	1,308	1,253	623	628	753	525	556	583	645	707	133	146	0	5	5	3	3	4	4	4	5	5	0	16	0	0	0	32	0	0
Property Plant Equipment	0	0	4,488	5,539	5,911	5,986	4,587	5,395	5,597	3,364	3,019	3,241	3,384	2,545	1,948	2,260	2,436	2,688	2,806	2,923	968	1,044	1,146	1,344	1,320	1,582	1,856	2,126	2,415	2,682	2,298	1,650	1,609	1,463	850	860	753	637	556	583	646	707	133	146	157	6	5	3	3	4	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	-110,048	-107,718	-105,668	-104,781	-102,757	-99,429	-97,743	-98,893	-96,709	-96,168	-96,554	-97,253	-98,400	-98,524	-98,252	-99,461	-99,229	-99,264	-99,311	-99,338	-99,174	-99,267	-98,586	-96,735	-96,735	-95,155	-94,075	-92,824	-90,915	-89,565	-87,161	-85,113	-82,869	-80,100	-78,447	-76,942	-75,423	-73,586	-68,841	-67,014	-65,526	-62,584	-53,333	-51,024	-47,700	-3,735	-3,735	-2,379	-2,133	-1,965	-1,822	-1,633	-1,481	-1,067	-1,067	-500	-72	-65	-62	-106	-6	-5
Retained Earnings Total Equity	0	0	0	-104,781	-102,757	-99,429	-97,743	-98,893	-96,709	0	-96,554	-97,253	-98,400	-98,524	-98,252	-99,461	-99,229	-99,264	-99,311	-99,338	-99,174	-99,267	-98,586	-98,048	-96,735	-95,155	-94,075	-92,824	-90,915	-89,565	-87,161	-85,113	-82,869	-80,100	-78,447	-76,942	-75,423	-73,586	-68,841	-67,014	-65,526	-62,584	-53,333	-51,024	0	3,960	3,735	2,379	2,133	1,965	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	1,159	1,159	1,159	1,159	1,159	1,159	1,159	1,644	1,329	652	652	624	624	0	0	0	0	0	0	595	0	0	4,940	5,130	6,805	6,785	6,235	0	5,065	0	0	0	4,402	0	0	0	5,297	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	67,566	59,833	62,039	69,466	71,732	73,741	68,478	69,088	63,738	17,211	16,118	15,597	15,572	4,802	4,428	5,185	4,535	5,523	6,923	7,361	5,194	4,935	4,924	6,763	6,763	6,731	6,168	8,023	4,750	3,250	4,000	3,500	4,000	3,000	7,250	5,250	5,250	5,250	23,543	22,590	20,167	19,167	1,165	1,026	800	137	137	233	129	68	79	180	245	38	38	38	0	0	0	0	0	0
Short Term Debt	1,653	1,652	1,649	1,159	1,159	1,576	1,599	2,359	1,329	1,334	1,329	1,297	624	640	636	632	628	624	609	595	-1,753	0	4,940	-1,515	6,805	6,785	6,235	0	-2,361	-34,300	-36,142	-36,125	-34,847	-33,861	-25,868	5,250	5,250	5,250	5,266	4,766	2,791	2,286	59	128	100	70	70	155	104	43	75	113	113	38	38	38	0	0	0	0	0	0
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,048	4,048	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	177,119	170,440	170,631	177,085	181,491	186,268	182,289	182,768	175,666	113,904	112,925	108,418	102,229	84,589	80,847	81,683	80,656	80,294	82,494	84,438	81,587	81,764	83,268	83,516	83,516	88,459	100,523	105,224	108,069	107,529	110,203	111,059	109,009	109,044	106,579	106,246	107,677	110,126	103,460	99,076	100,647	99,190	4,619	5,125	5,300	74	74	439	287	276	320	462	276	173	173	249	102	110	110	51	2	2
Total Current Assets	60,613	53,548	51,610	55,791	57,765	62,222	57,740	56,492	50,329	36,482	35,400	32,661	26,006	22,921	19,329	19,910	18,421	17,545	19,354	20,946	19,800	19,646	20,747	18,827	18,827	22,630	33,529	37,108	38,827	37,182	39,367	40,002	37,235	36,110	33,599	32,685	33,471	35,294	28,143	23,229	23,931	21,706	392	479	700	59	59	158	22	21	84	236	66	52	52	233	102	110	110	18	2	2
Total Current Liabilities	44,925	44,573	41,130	37,711	38,055	41,491	41,832	43,552	37,720	24,436	25,366	22,511	17,264	13,033	12,805	14,359	13,336	13,530	15,271	17,088	15,850	16,601	17,620	14,583	14,583	18,147	29,809	31,522	35,712	34,815	36,609	36,558	35,176	34,111	26,118	31,953	32,154	33,407	31,533	28,568	29,290	25,642	1,694	1,440	1,300	254	254	272	254	104	185	230	199	138	138	73	17	17	14	0	0	0
Total Liab	110,838	102,755	101,519	107,609	110,352	113,886	108,941	111,066	102,038	41,922	41,887	38,665	34,186	17,855	17,418	19,893	19,012	19,053	21,585	23,855	21,044	21,537	22,546	21,368	21,368	24,921	36,052	39,665	40,797	38,468	40,998	40,382	39,517	37,216	33,403	31,997	32,199	33,448	49,810	46,392	46,666	42,524	2,801	2,339	22,200	321	321	350	279	129	189	297	331	138	138	73	17	17	14	0	-2	-2
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	66,281	67,685	69,112	69,476	71,139	72,383	73,349	71,703	73,628	71,981	71,039	69,753	68,043	66,734	63,429	61,790	61,644	61,241	60,909	60,583	60,543	60,228	60,722	62,148	62,148	63,538	64,470	65,558	67,272	69,061	69,206	70,676	69,492	71,828	73,175	74,250	75,478	76,678	53,650	52,684	53,981	56,666	1,819	2,786	0	-247	-247	90	9	146	131	165	-55	35	0	176	86	93	96	50	2	2
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-26	-26	-26	-26	-26	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31
Begin Period Cash Flow	9,564	8,428	7,516	3,411	2,122	1,055	1,328	2,990	3,155	2,677	486	1,274	44	22	1	1	0
Capital Expenditures	1,897	1,695	636	506	301	240	315	830	1,645	1,020	215	15	89	45	45	0	0
Cash And Cash Equivalents Changes	0	1,136	912	4,105	1,289	1,067	-273	-1,662	-165	478	2,191	0	-15	0	0	0	0
Cash Flows Other Operating	0	-745	124	-161	-143	559	827	-1,451	-344	-403	-24,793	0	10	0	0	0	0
Change In Cash	-9,240	1,136	912	4,105	1,289	1,067	-273	-1,662	-165	478	2,191	-788	22	22	0	0	1
Change In Working Capital	-8,246	-10,558	-4,358	-1,192	-310	549	-2,429	-2,823	3,968	-9,240	1,569	258	-48	88	-13	-13	-2
Change Receivables	0	-4,175	-11,682	-2,311	2,752	-1,534	17,913	-1,989	-3,932	-9,224	-5,247	0	0	0	0	0	0
Change To Account Receivables	-13,712	-4,175	-11,682	-2,311	2,752	-1,534	17,913	-1,989	-3,932	-9,224	-5,247	-106	224	0	-14	-14	0
Change To Inventory	0	0	-7,199	-1,280	2,920	799	827	-1,451	-344	-403	1	0	-4	-4	0	0	0
Change To Liabilities	0	-5,637	7,199	1,280	-2,920	1,524	-21,169	617	8,244	387	6,625	380	76	0	0	0	0
Change To Netincome	0	3,021	1,595	1,777	1,146	1,879	2,362	2,308	1,565	3,753	28,656	0	1,043	0	0	0	0
Change To Operating Activities	0	-1,072	-1,555	16	-98	799	827	-1,382	-313	-371	0	0	0	0	0	0	0
Depreciation	10,282	9,966	2,765	1,276	1,402	2,885	4,157	4,169	4,572	3,827	1,818	69	1	50	0	0	0
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	324	9,564	8,428	7,516	3,411	2,122	1,055	1,328	2,990	3,155	2,677	486	66	44	0	0	1
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-3,259	-4,035	1,930	2,592	1,975	2,729	-1,968	-5,221	1,014	-9,579	-4,659	-3,835	-446	-273	-70	-70	-7
Investments	-1,191	-4,331	-16,928	-506	-301	-240	-315	-830	0	0	1,114	0	-2	0	0	0	0
Issuance Of Capital Stock	0	0	0	3,048	0	40	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	6,874	14,639	-1,597	-756	-1,702	1,662	630	-1,289	-8,520	1,477	0	143	0	0	0	0
Net Income	-7,291	-6,048	1,691	1,034	-55	-2,439	-5,820	-8,046	-7,446	-9,898	-17,799	-42,151	-755	-1,000	-57	-57	-5
Other Cashflows From Financing Activities	84,430	83,836	84,695	70,132	99,404	100,479	108,337	23,540	8,700	2,500	1,533	1,990	232	450	14	14	2
Other Cashflows From Investing Activities	0	-3,495	-16,383	-62	-156	-196	-255	-361	-970	-840	4,108	0	129	0	0	0	0
Other Non Cash Items	30,889	3,015	873	201	94	94	78	1,849	1,316	3,104	4,763	35,168	445	634	634	0	0
Sale Purchase Of Stock	0	933	526	3,048	71	40	33	2,889	110	18,577	0	0	26	0	0	0	0
Stock Based Compensation	1,312	1,284	1,382	1,488	1,086	794	1,710	1,849	1,316	1,548	2,393	1,905	409	409	0	0	0
Total Cash From Financing Activities	-5,981	7,807	15,274	1,514	-686	-1,661	1,695	3,560	-1,179	10,057	1,477	2,347	508	453	164	164	7
Total Cash From Operating Activities	-1,362	-2,340	2,566	3,098	2,276	2,968	-1,652	-4,391	2,659	-8,559	-4,443	-3,820	-357	-228	-70	-70	-7
Total Cashflows From Investing Activities	0	-4,331	-16,928	-506	-301	-240	-315	-830	-1,645	-1,020	5,158	11	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30
Begin Period Cash Flow	870	2,980	9,805	9,564	7,094	4,217	7,922	8,428	9,100	10,048	10,754	7,516	6,427	3,964	3,350	3,411	2,069	2,088	2,065	2,122	1,048	1,081	1,084	1,116	1,116	1,399	2,128	1,328	1,874	2,025	3,910	2,990	5,054	542	3,312	3,155	6,689	3,197	1,082	2,677	3,630	193	314	486	17	15	15	5	5	66	214	49	33	119	119	0	0	0	8	1	1	1
Capital Expenditures	640	422	594	241	436	545	391	323	121	297	60	159	202	82	183	39	91	74	95	41	37	55	88	67	67	50	89	109	107	134	266	323	84	843	396	321	58	472	406	84	192	17	2	4	13	44	44	17	11	19	23	16	24	29	29	0	0	0	0	0	0	0
Cash And Cash Equivalents Changes	0	0	0	242	2,470	2,876	-3,704	-506	0	0	-706	3,238	1,089	2,463	614	-61	1,342	-19	22	-57	1,074	-33	-3	28	-60	-283	-729	800	-546	-152	-1,885	920	-2,064	4,512	-2,770	157	-3,535	3,493	2,115	-1,595	-953	3,437	-122	-172	0	-34	460	-246	-168	-62	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	-68	1,216	-1,744	-288	71	0	0	-323	-116	493	-454	48	-248	258	119	-306	-213	451	326	-305	87	152	519	-123	278	183	-285	-1,362	13	233	-100	-396	-81	-224	145	-180	-144	-26,395	65	17	1,520	0	0	10	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	-546	-2,110	-6,825	242	2,470	2,876	-3,704	-506	-672	-948	-706	3,238	1,089	2,463	614	-61	1,342	-19	22	-57	1,074	-33	-3	-60	-60	-283	-729	800	-546	-152	-1,885	920	-2,064	4,512	-2,770	157	-3,535	3,493	2,115	-1,595	-953	3,437	-122	-172	-777	36	36	10	1	-62	-147	164	16	-75	-75	119	0	-8	-8	7	0	0
Change In Working Capital	-9,355	-1,257	707	1,658	1,703	-2,541	-8,229	-1,490	-2,167	-3,301	-665	1,776	1,169	-1,335	-461	-565	364	2	-240	-437	83	-782	-535	313	-239	-1,306	539	-1,976	-1,772	1,223	-1,693	-580	-2,500	9,970	-4,240	738	-3,430	-1,823	-361	-3,626	-79	1,057	290	301	-374	141	141	-159	87	0	-51	26	32	66	-247	21	0	2	-5	-9	1	1
Change Receivables	0	0	0	2,069	8,905	-1,825	-4,558	-6,698	0	0	-3,048	-3,336	-968	-1,239	1,213	-1,317	323	1,656	1,855	-1,081	361	-121	-814	-961	3,733	9,856	2,407	1,916	-2,814	3,263	-472	-1,966	-3,774	2,118	-3,286	1,010	-1,995	-3,817	-2,627	-785	-3,202	-2,052	-52	60	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-8,461	-5,095	-2,225	2,069	8,905	-1,825	-4,558	-6,698	-3,241	-2,056	-3,048	-3,336	-968	-1,239	1,213	-1,317	323	1,656	1,855	-1,081	361	-121	-814	3,733	3,733	9,856	2,407	1,916	-2,814	3,263	-472	-1,966	-3,774	2,118	-3,286	1,010	-1,995	-3,817	-2,627	-785	-3,202	-2,052	-52	60	-106	53	0	0	224	2	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	0	-4,320	-3,304	0	0	543	798	-4,418	-501	0	0	-5,037	1,036	0	0	-251	2,952	0	0	-194	-1,782	0	0	17,635	0	0	0	278	730	0	0	13	-7,041	0	0	-81	-3	0	8	-4	-3	3	0	1	-3	3	5	-7	2	1	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	3,304	-342	-8,418	-543	-3,383	5,137	2,179	-1,032	2,694	5,228	1,644	358	-1,722	1,000	-217	-1,772	-1,788	857	-729	-987	584	2,656	-3,573	-11,682	-1,745	-4,170	859	-1,755	140	1,373	1,042	7,952	-559	-191	-1,211	1,852	2,438	-2,692	3,142	3,041	325	185	380	-53	78	0	496	-2	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	689	542	879	825	797	521	425	314	513	344	417	521	431	408	342	285	254	264	280	1,033	303	264	202	557	888	714	156	893	579	680	627	309	343	285	824	2,307	418	204	23,753	3,908	687	308	0	127	995	0	0	49	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	-372	-1,533	1,185	-174	-2,873	790	-1,105	-214	-311	75	672	-305	-100	-251	249	-31	-122	-194	471	349	-108	87	785	499	-155	278	-1,382	0	0	0	-313	0	0	0	-371	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	2,513	2,438	2,539	2,509	2,425	2,554	2,550	2,437	1,225	583	481	476	405	176	349	348	346	354	343	359	376	452	1,027	1,031	1,031	1,046	1,039	1,042	1,043	1,052	1,047	1,028	1,631	989	972	979	965	957	953	952	937	851	15	15	70	0	0	0	0	0	-30	25	6	50	0	0	0	0	0	1	0	0
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	324	870	2,980	9,805	9,564	7,094	4,217	7,922	8,428	9,100	10,048	10,754	7,516	6,427	3,964	3,350	3,411	2,069	2,088	2,065	2,122	1,048	1,081	1,055	1,055	1,116	1,399	2,128	1,328	1,874	2,025	3,910	2,990	5,054	542	3,312	3,155	6,689	3,197	1,082	2,677	3,630	193	314	-760	51	51	15	5	5	66	214	49	44	44	119	0	0	0	8	1	1
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-8,670	-72	2,746	2,737	1,542	-1,067	-3,797	-715	-921	-2,114	1,170	3,795	2,051	-771	1,368	-56	1,018	639	313	5	819	-10	192	-78	-78	-810	1,151	-2,230	-2,029	629	-2,382	-1,440	-3,095	8,771	-4,825	163	-3,536	-1,686	-766	-3,591	-1,509	-1,094	-1,101	-953	-3,690	-217	-217	-99	-83	-92	-147	-111	-95	92	92	-340	-7	-2	38	-108	0	0
Investments	-640	-422	-594	-241	66	-545	-391	-3,461	-14,092	-297	-2,380	-159	-202	-82	-183	-39	-91	-74	-95	-41	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-4,236	4,550	500	300	0	0	-2	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	-9,731	-2,558	-31	3,729	-77	3,346	14,188	935	364	-811	-994	186	-784	-5	283	-657	-321	-61	233	-23	-213	-1,699	-4	527	-1,892	3,030	1,470	-781	470	-529	981	-4,259	1,994	-6	-5	-11,007	496	1,996	538	-23	480	482	0	78	118	0	0	25	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-2,330	-2,051	-887	-2,024	-3,328	-1,686	1,150	-2,184	-541	386	699	1,147	124	-67	1,209	-232	34	47	27	-164	93	-681	-539	-1,580	-1,580	-1,080	-1,251	-1,909	-1,350	-2,404	-2,048	-2,244	-2,769	-1,654	-1,504	-1,519	-1,838	-4,745	-1,827	-1,488	-2,941	-9,251	-2,309	-3,298	-40,320	-1,356	-1,356	-246	-168	-143	-189	-152	-251	-629	-629	-361	-7	-3	44	-100	-1	-1
Other Cashflows From Financing Activities	15,121	23,527	23,069	17,076	21,452	22,882	21,066	18,604	36,316	19,387	16,012	13,615	7,993	15,776	22,732	23,631	23,125	24,342	26,482	25,526	25,661	25,943	26,957	26,633	-67	42,949	32,285	6,483	7,013	5,750	5,527	5,250	4,250	2,450	2,061	0	-58	-472	2,885	1,971	544	4,538	500	439	19,564	-36	-36	124	101	-19	225	25	136	434	-64	13	0	2	14	14	0	0
Other Cashflows From Investing Activities	0	0	0	-212	274	-320	-250	-3,199	0	0	-2,341	-43	-31	-10	-10	-11	-33	-24	-58	-41	-37	-54	-55	-51	-47	-46	-73	-89	-89	-56	-55	-161	-229	-259	-331	-151	20	-421	-360	-77	4,104	5	0	0	0	0	110	0	0	19	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	16,096	292	292	536	893	740	796	587	258	202	202	212	139	16	-1	23	23	23	23	23	23	23	23	23	23	23	23	8	-34	794	550	539	384	306	340	285	400	2,195	457	452	462	2,357	219	1,725	36,940	-312	954	-246	8	-143	146	6	143	634	0	-121	0	0	-1	1	0	0
Sale Purchase Of Stock	0	0	0	63	533	307	92	0	0	0	41	253	0	3,048	0	0	71	30	30	0	40	0	0	0	0	0	0	0	2,862	0	27	0	49	61	61	0	6	16,186	2,385	0	0	55,000	0	380	380	35	325	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	363	289	362	298	285	413	327	259	240	326	506	310	387	324	400	377	327	285	269	204	200	187	183	169	0	357	569	614	-34	794	550	539	384	306	340	285	424	543	418	163	256	564	789	784	0	-352	0	303	0	49	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	8,124	-2,038	-9,571	-2,495	426	3,943	92	3,346	14,220	1,167	444	-557	-961	3,234	-754	-5	324	-657	-291	-61	255	-23	-195	17	17	527	-1,880	3,030	1,483	-781	497	2,360	1,030	-4,259	2,055	-6	1	5,179	2,881	1,996	538	-23	480	482	2,240	252	252	109	83	30	-25	275	136	439	439	13	0	2	15	15	0	0
Total Cash From Operating Activities	-8,030	350	3,340	2,977	1,978	-521	-3,406	-392	-800	-1,817	1,230	3,954	2,253	-689	1,551	-17	1,110	713	408	46	856	45	280	-11	-11	-760	1,239	-2,121	-1,922	763	-2,116	-1,116	-3,010	9,614	-4,429	484	-3,478	-1,214	-360	-3,507	-1,318	-1,077	-1,099	-949	-3,680	-260	-260	-83	-72	-73	-124	-95	-71	121	121	-340	-7	-2	38	-108	0	0
Total Cashflows From Investing Activities	0	0	-594	-241	66	-545	-391	-3,461	-14,092	-297	-2,380	-159	-202	-82	-183	-39	-91	-74	-95	-41	-37	-55	-88	-60	-67	-50	-89	-109	-107	-134	-266	-323	-84	-843	-396	-321	-58	-472	-406	-84	-174	4,538	498	296	11	-2	18	0	0	-19	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31
Cost Of Revenue	248,217	235,182	126,894	79,605	80,253	86,943	122,633	169,402	156,498	160,186	62,431	36	5	5	0	0	0
Depreciation And Amortization	10,282	9,650	2,353	1,164	1,315	2,701	3,987	4,044	4,572	3,827	1,818	69	1	1,240	0	0	0
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	4,449	1,406	4,623	2,158	595	-2,001	-5,352	-7,805	-7,228	-3,943	13,232	-21,086	-707	-944	-57	-57	-5
Ebitda	14,730	11,056	6,976	3,322	1,910	700	-1,365	-3,761	-2,656	-116	15,050	-21,017	-706	296	-57	0	-5
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	40,161	48,856	28,821	19,055	18,726	16,863	15,713	14,409	13,641	14,268	5,074	1,110	4	4	0	0	0
Income Before Tax	-6,904	-5,875	2,012	1,288	164	-2,439	-5,820	-8,046	-7,446	-9,898	-17,799	-41,210	-755	-1,564	-57	0	-5
Income Tax Expense	387	173	321	254	219	438	468	241	218	1,659	26,836	941	30	-7	57	0	5
Interest Expense	9,729	7,281	2,495	702	431	438	468	241	218	5,955	4,196	997	49	64	57	0	5
Interest Income	0	0	0	0	432	438	468	241	218	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-7,291	-6,048	1,691	1,034	-55	-2,439	-5,820	-8,046	-7,446	-9,898	-17,799	-42,151	-755	-1,000	-57	-57	-5
Net Income Applicable To Common Shares	0	-6,048	1,691	829	-55	-2,439	-5,820	-8,046	-7,446	-9,898	-17,799	0	-1,913	0	0	0	0
Net Income From Continuing Ops	-8,289	-6,048	1,691	1,034	-55	-2,439	-5,820	-8,046	-7,446	-9,898	-17,799	0	-1,721	0	0	0	0
Net Interest Income	-9,631	-7,281	-2,495	-702	-432	-438	-468	-241	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	-168	0	0	0	0	0	0	667	0	13	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	26,850	0	0	0	0	0	0
Operating Income	4,449	1,406	4,623	2,158	595	-2,001	-5,352	-7,805	-7,228	-3,943	-12,805	-23,445	-725	-944	-57	-57	-5
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	283,929	282,632	151,092	97,910	98,384	105,807	143,698	191,616	177,367	178,397	76,924	6,953	734	324	57	57	5
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	9,911	9,966	2,765	1,276	1,402	2,885	4,157	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	191	191	0	0	0	0
Selling And Marketing Expenses	0	39	42	51	20	0	0	0	0	0	0	94	48	12	12	0	0
Selling General Administrative	38,074	37,761	21,687	17,090	16,796	16,163	17,078	18,170	16,300	14,384	12,675	1,358	681	312	57	57	5
Tax Provision	344	173	321	254	219	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	35,712	47,450	24,198	18,305	18,131	18,864	21,065	22,214	20,869	18,211	14,493	6,917	729	324	57	57	5
Total Other Income Expense Net	-11,353	-7,281	-2,611	-870	-431	-438	-468	-241	-218	-1,659	-2,719	-17,163	-30	-620	-620	0	0
Total Revenue	288,378	284,038	155,715	98,660	98,979	103,806	138,346	183,811	170,139	174,454	67,505	1,146	9	9	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30
Cost Of Revenue	60,243	57,995	60,992	61,484	51,497	61,175	62,236	60,274	37,670	30,514	30,048	28,662	22,077	19,144	17,595	20,789	18,297	19,154	20,696	22,106	20,844	21,450	23,501	19,452	19,453	27,904	36,923	38,354	41,366	42,562	43,189	42,285	40,812	40,049	38,914	36,723	43,223	43,130	39,006	34,828	36,049	26,233	109	40	20	9	9	3	5	3	4	1	0	0	0	0	0	0	0	0	0	0
Depreciation And Amortization	2,513	2,438	2,539	2,425	2,342	2,554	2,550	2,437	1,145	583	481	476	346	176	349	348	333	330	343	359	328	452	1,027	987	1,031	1,046	1,039	1,042	1,004	1,052	1,047	1,028	1,631	989	972	979	965	957	953	952	937	851	15	15	70	0	0	0	0	0	-30	25	6	-50	0	-10	0	0	-1	1	0	0
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	326	469	1,840	788	-1,410	377	2,900	-461	359	1,037	1,342	1,770	772	266	1,321	-200	176	221	196	3	195	-575	-433	-1,473	-1,473	-954	-1,130	-1,795	-1,285	-2,341	-1,991	-2,187	-2,714	-1,581	-1,462	-1,470	-1,802	-592	-936	-613	21,363	-3,124	-2,017	-2,989	-21,670	-1,338	-1,335	-226	-161	-125	-136	-128	-246	88	0	-222	0	0	45	-100	0	0
Ebitda	2,839	2,906	4,379	3,213	932	2,932	5,450	1,976	1,504	1,620	1,823	2,246	1,118	442	1,669	147	509	551	538	362	523	-122	594	-486	-442	92	-92	-753	-281	-1,290	-944	-1,159	-1,083	-592	-490	-491	-837	365	17	339	22,300	-2,273	-2,002	-2,974	-21,600	-1,338	-1,335	-226	-161	-125	-167	-103	-240	38	38	-233	-7	-3	44	-99	-1	-1
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	9,098	12,430	13,505	12,630	10,756	12,183	14,668	11,248	8,719	6,853	6,810	6,440	5,581	4,557	4,375	4,543	4,662	4,772	4,750	4,543	4,417	4,471	4,428	3,053	3,052	4,027	4,448	4,186	3,673	3,595	3,655	3,486	3,420	3,519	3,417	3,286	3,575	3,851	3,509	3,332	1,841	2,666	293	274	1,030	23	23	30	12	8	3	0	0	0	0	0	0	0	0	0	0	0
Income Before Tax	-2,593	-1,940	-716	-1,655	-3,634	-1,535	1,311	-2,017	-482	494	792	1,209	314	25	1,233	-284	89	102	82	-109	93	-681	-539	-1,580	-1,580	-1,080	-1,251	-1,909	-1,350	-2,404	-2,048	-2,244	-2,769	-1,654	-1,504	-1,519	-1,838	-4,745	-1,827	-1,488	-2,941	-9,251	-2,309	-3,298	-39,380	-1,913	-1,272	-246	-168	-143	-189	-152	-251	222	0	-736	-7	-3	-57	-100	-1	-1
Income Tax Expense	-263	111	171	369	-306	152	161	167	59	108	93	62	190	92	24	-53	54	55	55	55	102	106	105	107	0	127	120	114	65	62	57	57	55	73	42	49	36	1,659	890	875	23,430	3,406	189	1,298	940	-3	0	-3	-3	-3	44	-5	-4	617	0	-3	7	3	-44	100	1	1
Interest Expense	2,322	2,408	2,556	2,443	2,224	1,912	1,589	1,557	841	543	550	561	458	73	87	84	87	119	114	112	102	106	105	107	107	127	120	114	65	62	57	57	55	73	42	49	36	2,494	890	875	875	2,721	292	308	986	21	21	23	10	21	9	29	9	50	50	10	7	3	44	0	1	1
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	84	87	119	114	112	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-2,330	-2,051	-887	-2,024	-3,328	-1,686	1,150	-2,184	-541	386	699	1,147	124	-67	1,209	-232	35	47	27	-164	93	-681	-539	-1,580	-1,580	-1,080	-1,251	-1,909	-1,350	-2,404	-2,048	-2,244	-2,769	-1,654	-1,504	-1,519	-1,838	-4,745	-1,827	-1,488	-2,941	-9,251	-2,309	-3,298	-40,320	-1,356	-1,356	-246	-168	-143	-189	-152	-251	-629	-629	-240	-7	-3	44	-100	-1	-1
Net Income Applicable To Common Shares	0	0	-887	-2,024	-3,328	-1,686	1,150	-2,184	-541	386	699	1,147	124	-272	1,209	-232	34	47	27	-164	93	-681	-539	-1,313	-1,580	-1,080	-1,251	-1,909	-1,350	-2,404	-2,048	-2,244	-2,769	-1,654	-1,504	-1,519	-1,838	-4,745	-1,827	-1,488	-12,193	0	-2,309	-3,298	0	-225	-1,356	-246	-168	-143	0	0	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	-2,330	-2,051	-887	-2,024	-3,328	-1,686	1,150	-2,184	-541	386	699	1,147	124	-67	1,209	-232	34	47	27	-164	93	-681	-539	-1,313	-1,580	-1,080	-1,251	-1,909	-1,350	-2,404	-2,048	-2,244	-2,769	-1,654	-1,504	-1,519	-1,838	-4,745	-1,827	-1,488	-12,193	0	-2,309	-3,298	0	-202	-1,272	-200	-148	-101	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	-2,322	-2,408	-2,556	-2,443	-2,223	-1,912	-1,589	-1,557	-841	-543	-550	-561	-458	-73	-87	-84	-87	-119	-114	-112	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	-168	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	88	0	103	476	0	0	3	3	3	3	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	26,850	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	326	469	1,840	788	-1,410	377	2,900	-461	475	1,037	1,342	1,770	772	116	63	-200	176	221	196	3	195	-575	-433	-1,473	-1,473	-954	-1,130	-1,795	-1,285	-2,341	-1,991	-2,187	-2,714	-1,581	-1,462	-1,470	-1,802	-592	-936	-613	-2,067	-6,618	-2,120	-2,000	-21,670	-1,338	-1,338	-226	-161	-125	-185	-128	-246	88	38	-222	-7	-3	44	-100	-1	-1
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	69,015	69,957	72,657	73,326	63,663	72,981	74,005	71,983	45,914	36,330	35,516	33,332	26,886	23,585	21,907	25,532	22,783	23,705	25,250	26,646	25,066	26,495	28,362	23,978	23,979	32,884	42,501	44,335	46,324	48,499	48,835	47,958	46,947	45,149	43,792	41,479	48,600	47,573	43,451	38,773	39,977	32,111	2,522	2,313	22,710	1,370	1,370	260	179	136	193	129	246	38	38	233	7	3	44	100	1	1
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	2,463	2,438	2,539	2,425	7,412	2,554	2,550	2,437	1,225	583	481	476	405	176	349	348	346	354	343	359	376	452	1,027	1,031	1,031	1,046	1,039	1,042	1,043	1,052	1,047	1,028	1,631	989	972	979	965	957	953	952	937	851	15	15	70	0	0	0	0	0	-30	25	6	0	0	0	0	0	0	1	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	19	191	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	39	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	22,752	22,752	32	32	28	18	16	15	15	6	38	38	28	0	0	0	0	0	0
Selling General Administrative	9,420	9,620	9,212	9,417	9,785	9,333	9,298	9,344	7,098	5,308	5,060	4,263	4,463	4,291	3,978	4,409	4,153	4,221	4,227	4,214	3,894	4,639	3,879	3,752	3,538	3,978	4,582	4,980	3,954	4,923	4,637	4,655	4,507	4,110	3,906	3,777	4,412	3,487	3,492	2,994	2,990	5,027	2,399	27,952	27,952	1,022	1,022	228	156	117	174	113	240	0	0	205	7	3	43	99	1	1
Tax Provision	-263	111	171	369	-306	152	161	167	59	108	93	62	190	92	24	-53	55	55	55	55	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	8,772	11,962	11,665	11,842	12,166	11,806	11,769	11,709	8,244	5,816	5,469	4,670	4,809	4,441	4,312	4,743	4,486	4,551	4,554	4,540	4,222	5,045	4,861	4,526	4,525	4,980	5,578	5,981	4,958	5,937	5,645	5,674	6,134	5,100	4,879	4,756	5,377	4,444	4,445	3,945	3,928	5,878	2,414	2,274	22,690	1,362	1,362	256	174	133	188	128	246	-38	-38	233	7	3	-44	100	1	1
Total Other Income Expense Net	-2,919	-2,408	-2,556	-2,443	-2,224	-1,912	-1,589	-1,557	-116	-543	-550	-561	-458	-18	1,258	-84	-87	-119	-114	-112	-102	-106	-105	-107	-468	-127	-120	-114	-65	-62	-57	-57	-55	-73	-42	-49	-36	-1,659	-890	-875	20	-3,318	103	476	11	-575	0	-19	-6	125	185	-24	-498	-10	0	-514	0	0	-158	0	0	0
Total Revenue	69,341	70,425	74,497	74,114	62,253	73,358	76,905	71,522	46,389	37,367	36,858	35,102	27,658	23,701	21,969	25,332	22,959	23,926	25,445	26,649	25,261	25,920	27,929	22,505	22,505	31,931	41,371	42,540	45,039	46,157	46,844	45,771	44,232	43,568	42,330	40,009	46,798	46,981	42,514	38,160	37,890	28,899	402	313	1,050	32	32	34	17	11	8	1	0	0	0	0	0	0	0	0	0	0

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	288,378
Cost of Revenue	-248,217
Gross Profit	40,161	40,161

Operating Income (+$)
Gross Profit	40,161
Operating Expense	-35,712
Operating Income	4,449	4,449

Operating Expense (+$)
Research Development	0
Selling General Administrative	38,074
Selling And Marketing Expenses	0
Operating Expense	35,712	38,074

Net Interest Income (+$)
Interest Income	0
Interest Expense	-9,729
Other Finance Cost	-99
Net Interest Income	-9,631

Pretax Income (+$)
Operating Income	4,449
Net Interest Income	-9,631
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	-6,904	15,802 EBIT - interestExpense = -5,281 -6,904 2,438
Interest Expense	9,729
Earnings Before Interest and Taxes (EBIT)	4,449	2,825
Earnings Before Interest and Taxes (EBITDA)	14,730

After tax Income (+$)
Income Before Tax	-6,904
Tax Provision	-344
Net Income From Continuing Ops	-8,289	-7,248
Net Income	-7,291
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	283,929
Total Other Income/Expenses Net	-11,353	9,631

Technical Analysis of Quest Resource Holding Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Quest Resource Holding Corp. The general trend of Quest Resource Holding Corp is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Quest Resource Holding Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (100.0%)		Bearish trend (-100.0%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Quest Resource Holding Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 9.69 < 9.9287.

The bearish price targets are: 8.005 > 7.97 > 7.7.

Tweet this

Quest Resource Holding Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Quest Resource Holding Corp. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

MA 20 trending up: The MA 20 is trending up. +1
Close > MA 20: The price is above the MA 20. +1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending up: The MA 50 is trending up. +1
Close > MA 50: The price is above the MA 50. +1
MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close > MA 100: The price is above the MA 100. +1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Quest Resource Holding Corp Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Quest Resource Holding Corp. The current macd is 0.33529214.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Quest Resource Holding Corp price going down in the near term. -2
MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Quest Resource Holding Corp. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Quest Resource Holding Corp price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1

Quest Resource Holding Corp Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Quest Resource Holding Corp. The current adx is 35.47.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Quest Resource Holding Corp shares, leading to potential upward momentum in its price. +1
PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.

Quest Resource Holding Corp Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Quest Resource Holding Corp. The current sar is 9.4670473.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

Quest Resource Holding Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Quest Resource Holding Corp. The current rsi is 63.28. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Trending up: The RSI is trending up. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Quest Resource Holding Corp Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Quest Resource Holding Corp. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Quest Resource Holding Corp price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

Quest Resource Holding Corp Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Quest Resource Holding Corp. The current cci is 110.60.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1

Quest Resource Holding Corp Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Quest Resource Holding Corp. The current cmo is 28.51.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1

Quest Resource Holding Corp Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Quest Resource Holding Corp. The current willr is -27.35426009.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Quest Resource Holding Corp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

Quest Resource Holding Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Quest Resource Holding Corp.

Quest Resource Holding Corp Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Quest Resource Holding Corp. The current atr is 0.43666235.

Quest Resource Holding Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Quest Resource Holding Corp. The current obv is 951,259.

Quest Resource Holding Corp Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Quest Resource Holding Corp. The current mfi is 34.47.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

Quest Resource Holding Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Quest Resource Holding Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-12-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-06	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2023-12-07	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2023-12-13	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2023-12-14	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-15	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2023-12-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-01-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-01-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-10	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-11	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-01-12	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-17	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-18	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-01-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-22	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-23	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-02	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-05	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-02-06	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-02-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-08	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-02-09	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-13	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-23	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-27	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-02-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-02-29	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-01	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-04	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-07	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-11	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-12	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-13	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-14	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-15	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-18	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-19	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-21	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-22	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-03-25	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-01	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-04-02	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-04-03	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-05	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-10	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-16	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-04-19	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-22	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside

6.3. Candlestick Patterns

Quest Resource Holding Corp Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Quest Resource Holding Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	63.284
Ma 20	Greater than	Ma 50	8.944
Ma 50	Greater than	Ma 100	7.862
Ma 100	Greater than	Ma 200	7.401
Open	Greater than	Close	9.030
Total			4/5 (80.0%)

Create your own Symbol Scanner

Get notifications about Quest Resource Holding Corp

I send you an email if I find something interesting about Quest Resource Holding Corp.

Quest Resource Holding Corp Buy, Hold or Sell?

Let's analyse Quest Resource Holding Corp together

Get notifications about Quest Resource Holding Corp

Quick analysis of Quest Resource Holding Corp (30 sec.)

What can you expect buying and holding a share of Quest Resource Holding Corp? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Quest Resource Holding Corp (5 min.)

$9.38

$3.27

$-8.20 - $-6.60

$-4.93 - $-3.33

2. Growth of Quest Resource Holding Corp (5 min.)

Is Quest Resource Holding Corp growing?

How much money is Quest Resource Holding Corp making?

How much money comes from the company's main activities?

3. Financial Health of Quest Resource Holding Corp (5 min.)

4. Comparing to competitors in the Waste Management industry (5 min.)

Industry Rankings (Waste Management)

What can you expect buying and holding a share of Quest Resource Holding Corp? (5 min.)

What can you expect buying and holding a share of Quest Resource Holding Corp?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Quest Resource Holding Corp

About Quest Resource Holding Corp

Financial Health

Valuation

1.1. Profitability of Quest Resource Holding Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Waste Management)

1.1.2. Return on Assets

Trends

Compared to industry (Waste Management)

1.1.3. Return on Equity

Trends

Compared to industry (Waste Management)

1.2. Operating Efficiency of Quest Resource Holding Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Waste Management)

1.2.2. Operating Ratio

Trends

Compared to industry (Waste Management)

1.3. Liquidity of Quest Resource Holding Corp.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Waste Management)

1.3.2. Quick Ratio

Trends

Compared to industry (Waste Management)

1.4. Solvency of Quest Resource Holding Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Waste Management)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Waste Management)

2. Market Valuation of Quest Resource Holding Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Waste Management)

Quest Resource Holding Corp
Buy, Hold or Sell?