IONQ Historical Income Statement
| IONQ Stock | USD 32.21 1.56 5.09% |
Historical analysis of IONQ income statement accounts such as Selling General Administrative of 53.3 M or Selling And Marketing Expenses of 19.2 M can show how well IONQ Inc performed in making a profits. Evaluating IONQ income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IONQ's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining IONQ Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether IONQ Inc is a good buy for the upcoming year.
IONQ |
About IONQ Income Statement Analysis
IONQ Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to IONQ shareholders. The income statement also shows IONQ investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
IONQ Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts IONQ Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of IONQ Inc. It is also known as IONQ overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from IONQ's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into IONQ Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IONQ Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, IONQ's Research Development is relatively stable compared to the past year. As of 11/28/2024, Cost Of Revenue is likely to grow to about 8.5 M, though EBITDA is likely to grow to (140 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 39.7M | 93.9M | 171.7M | 180.3M | Cost Of Revenue | 1.0M | 2.9M | 8.1M | 8.5M |
IONQ income statement Correlations
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IONQ Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
| 0.7 | KN | Knowles Cor | PairCorr |
| 0.79 | EBON | Ebang International | PairCorr |
| 0.61 | BAERW | Bridger Aerospace | PairCorr |
| 0.66 | HPQ | HP Inc | PairCorr |
Moving against IONQ Stock
| 0.88 | CDW | CDW Corp | PairCorr |
| 0.86 | AVNW | Aviat Networks | PairCorr |
| 0.73 | JNPR | Juniper Networks | PairCorr |
| 0.64 | AUDC | AudioCodes | PairCorr |
| 0.6 | HLIT | Harmonic | PairCorr |
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.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.