Quality Industrial (QIND) Convertible Debt (2022 - 2024)
Quality Industrial (QIND) recorded quarterly Convertible Debt of $2.5 million in Q1 2024, up 9.04% quarter-over-quarter from $2.3 million in Q4 2023, and up 93.76% on a YoY basis from $1.3 million in Q2 2023.
Quality Industrial (QIND) Convertible Debt (2022 - 2024) Analysis & Trends
Quality Industrial's Convertible Debt history runs 3 years deep, the most recent figure standing at $2.5 million for Q1 2024.
- In Q1 2024, Convertible Debt rose 93.76% year-over-year to $2.5 million; the TTM figure through Mar 2024 stood at $2.5 million (up 93.76% YoY), while the FY2023 annual figure was $2.3 million, up 110.01% from the prior year.
- Convertible Debt was $2.5 million for Q1 2024 at Quality Industrial, up from $2.3 million in the prior quarter.
- In the past five years, Convertible Debt ranged from a high of $2.5 million in Q1 2024 to a low of $1.1 million in Q3 2022.
- Historically, Convertible Debt has averaged $1.8 million across 3 years, with a median of $2.1 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Convertible Debt soared 113.07% in 2023, then jumped 93.76% in 2024.
- A 3-year view of Convertible Debt shows it stood at $1.1 million in 2022, then surged by 110.01% to $2.3 million in 2023, then advanced by 9.04% to $2.5 million in 2024.
- The last three Convertible Debt figures came in at $2.5 million (Q1 2024), $2.3 million (Q4 2023), and $2.3 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn |
| 10 | Quality Industrial | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 2.52 Mn |
| Dec 31, 2023 | 2.31 Mn |
| Sep 30, 2023 | 2.34 Mn |
| Jun 30, 2023 | 2.07 Mn |
| Mar 31, 2023 | 1.30 Mn |
| Dec 31, 2022 | 1.10 Mn |
| Sep 30, 2022 | 1.10 Mn |