IONQ Retained Earnings vs Net Invested Capital Analysis

IONQ Stock

USD 31.42 1.36 4.15%

IONQ financial indicator trend analysis is infinitely more than just investigating IONQ Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IONQ Inc is a good investment. Please check the relationship between IONQ Retained Earnings and its Net Invested Capital accounts. 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.

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IONQ Inc Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between IONQ's Retained Earnings and Net Invested Capital is -0.85. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of IONQ Inc, assuming nothing else is changed. The correlation between historical values of IONQ's Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of IONQ Inc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., IONQ's Retained Earnings and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from IONQ's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Tax Provision is likely to grow to about 41 K, while Enterprise Value Multiple is likely to drop (17.69).

	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

Total Operating Expenses Cost Of Revenue

IONQ fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.81	0.69	0.78	1.0	0.96	0.9	-0.45	-0.83	0.79	0.47	0.94	0.75	0.89	0.98	0.64	0.93	0.88	0.52	0.98	0.99	0.87	0.99	0.81	0.98	0.92
Short Long Term Debt Total	0.81		0.81	0.85	0.79	0.85	0.98	-0.12	-0.89	0.85	0.15	0.82	0.92	0.96	0.76	0.8	0.93	0.82	0.73	0.78	0.88	0.88	0.78	0.88	0.89	0.96
Other Current Liab	0.69	0.81		0.99	0.67	0.84	0.83	0.15	-0.97	0.99	-0.13	0.73	0.95	0.74	0.62	1.0	0.72	0.65	0.97	0.65	0.75	0.92	0.65	0.98	0.76	0.75
Total Current Liabilities	0.78	0.85	0.99		0.76	0.91	0.88	0.08	-0.99	1.0	-0.05	0.81	0.96	0.81	0.71	0.98	0.8	0.7	0.92	0.75	0.83	0.94	0.73	1.0	0.84	0.83
Total Stockholder Equity	1.0	0.79	0.67	0.76		0.96	0.88	-0.45	-0.82	0.77	0.47	0.94	0.74	0.89	0.98	0.62	0.93	0.87	0.49	0.98	0.98	0.86	0.99	0.79	0.98	0.91
Net Tangible Assets	0.96	0.85	0.84	0.91	0.96		0.91	-0.31	-0.94	0.91	0.33	0.92	0.87	0.88	0.94	0.8	0.92	0.87	0.71	0.94	0.97	0.96	0.95	0.92	0.96	0.9
Property Plant And Equipment Net	0.9	0.98	0.83	0.88	0.88	0.91		-0.13	-0.92	0.88	0.15	0.92	0.92	0.98	0.83	0.8	0.96	0.82	0.71	0.88	0.95	0.9	0.85	0.91	0.96	0.99
Net Debt	-0.45	-0.12	0.15	0.08	-0.45	-0.31	-0.13		0.02	0.05	-1.0	-0.15	0.07	-0.17	-0.59	0.2	-0.31	-0.61	0.21	-0.36	-0.34	-0.24	-0.56	0.02	-0.33	-0.19
Retained Earnings	-0.83	-0.89	-0.97	-0.99	-0.82	-0.94	-0.92	0.02		-1.0	-0.05	-0.84	-0.96	-0.85	-0.78	-0.96	-0.85	-0.77	-0.9	-0.8	-0.88	-0.97	-0.8	-1.0	-0.89	-0.87
Accounts Payable	0.79	0.85	0.99	1.0	0.77	0.91	0.88	0.05	-1.0		-0.03	0.81	0.96	0.81	0.72	0.98	0.8	0.72	0.92	0.76	0.84	0.95	0.74	1.0	0.84	0.83
Cash	0.47	0.15	-0.13	-0.05	0.47	0.33	0.15	-1.0	-0.05	-0.03		0.17	-0.04	0.2	0.61	-0.17	0.34	0.63	-0.19	0.38	0.37	0.27	0.58	0.0	0.35	0.21
Non Current Assets Total	0.94	0.82	0.73	0.81	0.94	0.92	0.92	-0.15	-0.84	0.81	0.17		0.8	0.93	0.86	0.68	0.92	0.71	0.53	0.97	0.96	0.8	0.88	0.83	0.96	0.94
Non Currrent Assets Other	0.75	0.92	0.95	0.96	0.74	0.87	0.92	0.07	-0.96	0.96	-0.04	0.8		0.88	0.69	0.94	0.86	0.71	0.88	0.74	0.82	0.93	0.71	0.98	0.82	0.87
Other Assets	0.89	0.96	0.74	0.81	0.89	0.88	0.98	-0.17	-0.85	0.81	0.2	0.93	0.88		0.83	0.71	0.98	0.8	0.59	0.9	0.94	0.84	0.85	0.84	0.95	1.0
Cash And Short Term Investments	0.98	0.76	0.62	0.71	0.98	0.94	0.83	-0.59	-0.78	0.72	0.61	0.86	0.69	0.83		0.57	0.89	0.93	0.47	0.94	0.95	0.85	1.0	0.74	0.95	0.85
Net Receivables	0.64	0.8	1.0	0.98	0.62	0.8	0.8	0.2	-0.96	0.98	-0.17	0.68	0.94	0.71	0.57		0.68	0.61	0.98	0.6	0.71	0.9	0.6	0.97	0.72	0.72
Common Stock Shares Outstanding	0.93	0.93	0.72	0.8	0.93	0.92	0.96	-0.31	-0.85	0.8	0.34	0.92	0.86	0.98	0.89	0.68		0.85	0.57	0.94	0.96	0.87	0.9	0.84	0.95	0.98
Non Current Liabilities Total	0.88	0.82	0.65	0.7	0.87	0.87	0.82	-0.61	-0.77	0.72	0.63	0.71	0.71	0.8	0.93	0.61	0.85		0.58	0.79	0.88	0.88	0.93	0.74	0.88	0.81
Inventory	0.52	0.73	0.97	0.92	0.49	0.71	0.71	0.21	-0.9	0.92	-0.19	0.53	0.88	0.59	0.47	0.98	0.57	0.58		0.45	0.59	0.85	0.49	0.9	0.6	0.6
Other Current Assets	0.98	0.78	0.65	0.75	0.98	0.94	0.88	-0.36	-0.8	0.76	0.38	0.97	0.74	0.9	0.94	0.6	0.94	0.79	0.45		0.97	0.81	0.94	0.78	0.96	0.92
Other Stockholder Equity	0.99	0.88	0.75	0.83	0.98	0.97	0.95	-0.34	-0.88	0.84	0.37	0.96	0.82	0.94	0.95	0.71	0.96	0.88	0.59	0.97		0.9	0.96	0.86	1.0	0.96
Total Liab	0.87	0.88	0.92	0.94	0.86	0.96	0.9	-0.24	-0.97	0.95	0.27	0.8	0.93	0.84	0.85	0.9	0.87	0.88	0.85	0.81	0.9		0.87	0.96	0.89	0.85
Total Current Assets	0.99	0.78	0.65	0.73	0.99	0.95	0.85	-0.56	-0.8	0.74	0.58	0.88	0.71	0.85	1.0	0.6	0.9	0.93	0.49	0.94	0.96	0.87		0.77	0.96	0.87
Intangible Assets	0.81	0.88	0.98	1.0	0.79	0.92	0.91	0.02	-1.0	1.0	0.0	0.83	0.98	0.84	0.74	0.97	0.84	0.74	0.9	0.78	0.86	0.96	0.77		0.86	0.86
Common Stock	0.98	0.89	0.76	0.84	0.98	0.96	0.96	-0.33	-0.89	0.84	0.35	0.96	0.82	0.95	0.95	0.72	0.95	0.88	0.6	0.96	1.0	0.89	0.96	0.86		0.96
Property Plant Equipment	0.92	0.96	0.75	0.83	0.91	0.9	0.99	-0.19	-0.87	0.83	0.21	0.94	0.87	1.0	0.85	0.72	0.98	0.81	0.6	0.92	0.96	0.85	0.87	0.86	0.96

Click cells to compare fundamentals

IONQ Account Relationship Matchups

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
0.66	ERIC	Telefonaktiebolaget Fiscal Year End 28th of January 2025	Pair Corr

Moving against IONQ Stock

0.86	CDW	CDW Corp	Pair Corr
0.74	SMCI	Super Micro Computer Trending	Pair Corr
0.65	NTIP	Network 1 Technologies	Pair Corr
0.6	JNPR	Juniper Networks	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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC