Ionq Inc Stock Return On Equity

IONQ Stock

USD 31.80 0.98 2.99%

IONQ Inc fundamentals help investors to digest information that contributes to IONQ's financial success or failures. It also enables traders to predict the movement of IONQ Stock. The fundamental analysis module provides a way to measure IONQ's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IONQ stock.

		Last Reported	Projected for Next Year
	Return On Equity	(0.33)	(0.34)

As of 11/25/2024, Return On Equity is likely to drop to -0.34.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

IONQ Inc Company Return On Equity Analysis

IONQ's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current IONQ Return On Equity

-0.37

Most of IONQ's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, IONQ Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

IONQ Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for IONQ is extremely important. It helps to project a fair market value of IONQ Stock properly, considering its historical fundamentals such as Return On Equity. Since IONQ's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of IONQ's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of IONQ's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Invested Capital	Capital Stock	Net Working Capital	Short Term Debt
Total Assets		1.0	0.96	-0.45	-0.83	0.79	0.64	0.87	0.99	0.81	0.98	0.92	0.87	0.99	0.98	0.98	0.93
Total Stockholder Equity	1.0		0.96	-0.45	-0.82	0.77	0.62	0.86	0.99	0.79	0.98	0.91	0.85	1.0	0.98	0.98	0.94
Net Tangible Assets	0.96	0.96		-0.31	-0.94	0.91	0.8	0.96	0.95	0.92	0.96	0.9	0.9	0.98	0.98	0.96	0.89
Net Debt	-0.45	-0.45	-0.31		0.02	0.05	0.2	-0.24	-0.56	0.02	-0.33	-0.19	0.02	-0.42	-0.31	-0.55	-0.48
Retained Earnings	-0.83	-0.82	-0.94	0.02		-1.0	-0.96	-0.97	-0.8	-1.0	-0.89	-0.87	-0.94	-0.85	-0.92	-0.82	-0.7
Accounts Payable	0.79	0.77	0.91	0.05	-1.0		0.98	0.95	0.74	1.0	0.84	0.83	0.92	0.81	0.88	0.77	0.66
Net Receivables	0.64	0.62	0.8	0.2	-0.96	0.98		0.9	0.6	0.97	0.72	0.72	0.85	0.67	0.76	0.63	0.49
Total Liab	0.87	0.86	0.96	-0.24	-0.97	0.95	0.9		0.87	0.96	0.89	0.85	0.87	0.89	0.92	0.89	0.75
Total Current Assets	0.99	0.99	0.95	-0.56	-0.8	0.74	0.6	0.87		0.77	0.96	0.87	0.8	0.98	0.96	0.99	0.92
Intangible Assets	0.81	0.79	0.92	0.02	-1.0	1.0	0.97	0.96	0.77		0.86	0.86	0.93	0.83	0.89	0.79	0.69
Common Stock	0.98	0.98	0.96	-0.33	-0.89	0.84	0.72	0.89	0.96	0.86		0.96	0.93	0.97	0.99	0.95	0.87
Property Plant Equipment	0.92	0.91	0.9	-0.19	-0.87	0.83	0.72	0.85	0.87	0.86	0.96		0.92	0.91	0.94	0.87	0.79
Current Deferred Revenue	0.87	0.85	0.9	0.02	-0.94	0.92	0.85	0.87	0.8	0.93	0.93	0.92		0.86	0.94	0.79	0.7
Net Invested Capital	0.99	1.0	0.98	-0.42	-0.85	0.81	0.67	0.89	0.98	0.83	0.97	0.91	0.86		0.98	0.99	0.95
Capital Stock	0.98	0.98	0.98	-0.31	-0.92	0.88	0.76	0.92	0.96	0.89	0.99	0.94	0.94	0.98		0.96	0.88
Net Working Capital	0.98	0.98	0.96	-0.55	-0.82	0.77	0.63	0.89	0.99	0.79	0.95	0.87	0.79	0.99	0.96		0.93
Short Term Debt	0.93	0.94	0.89	-0.48	-0.7	0.66	0.49	0.75	0.92	0.69	0.87	0.79	0.7	0.95	0.88	0.93

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

Predict IONQ

Return On Equity Over Time

IONQ Total Stockholder Equity

Total Stockholder Equity

387.67 Million

At this time, IONQ's Total Stockholder Equity is relatively stable compared to the past year.

Based on the latest financial disclosure, IONQ Inc has a Return On Equity of -0.3673. This is 96.95% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is 18.48% higher than that of the company.

IONQ Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IONQ's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IONQ could also be used in its relative valuation, which is a method of valuing IONQ by comparing valuation metrics of similar companies.

IONQ is currently under evaluation in return on equity category among its peers.

IONQ ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, IONQ's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to IONQ's managers, analysts, and investors.

Environmental

Governance

Social

IONQ Fundamentals

	Return On Equity	-0.37
	Return On Asset	-0.25
	Operating Margin	(4.29) %
	Current Valuation	6.6 B
	Shares Outstanding	216.39 M
	Shares Owned By Insiders	9.83 %
	Shares Owned By Institutions	36.89 %
	Number Of Shares Shorted	39.3 M
	Price To Book	15.79 X
	Price To Sales	183.65 X
	Revenue	22.04 M
	Gross Profit	1.1 M
	EBITDA	(147.38 M)
	Net Income	(157.77 M)
	Cash And Equivalents	423.35 M
	Cash Per Share	2.12 X
	Total Debt	8.11 M
	Debt To Equity	0.01 %
	Current Ratio	30.11 X
	Book Value Per Share	2.02 X
	Cash Flow From Operations	(78.81 M)
	Short Ratio	2.24 X
	Earnings Per Share	(0.82) X
	Price To Earnings To Growth	(1.01) X
	Target Price	18.58
	Number Of Employees	324
	Beta	1.89
	Market Capitalization	6.88 B
	Total Asset	555.43 M
	Retained Earnings	(352.07 M)
	Working Capital	352.82 M
	Net Asset	555.43 M

About IONQ Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze IONQ Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IONQ using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IONQ Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with IONQ

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IONQ position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IONQ will appreciate offsetting losses from the drop in the long position's value.

Moving together with IONQ Stock

0.89	EHGO	Eshallgo Class A	Pair Corr
0.65	ERIC	Telefonaktiebolaget Fiscal Year End 28th of January 2025	Pair Corr

Moving against IONQ Stock

0.87	CDW	CDW Corp	Pair Corr
0.73	SMCI	Super Micro Computer Trending	Pair Corr
0.64	JNPR	Juniper Networks	Pair Corr
0.59	NTIP	Network 1 Technologies	Pair Corr
0.31	NNDM	Nano Dimension	Pair Corr

The ability to find closely correlated positions to IONQ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IONQ when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IONQ - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IONQ Inc to buy it.

The correlation of IONQ is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IONQ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IONQ Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for IONQ can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for IONQ Stock Analysis

When running IONQ's price analysis, check to measure IONQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IONQ is operating at the current time. Most of IONQ's value examination focuses on studying past and present price action to predict the probability of IONQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IONQ's price. Additionally, you may evaluate how the addition of IONQ to your portfolios can decrease your overall portfolio volatility.

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