Quantum Depreciation And Amortization vs Net Receivables Analysis

QBT Stock   0.80  0.10  11.11%   
Quantum Blockchain financial indicator trend analysis is much more than just breaking down Quantum Blockchain prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quantum Blockchain is a good investment. Please check the relationship between Quantum Blockchain Depreciation And Amortization and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum Blockchain Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Depreciation And Amortization vs Net Receivables

Depreciation And Amortization vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantum Blockchain Depreciation And Amortization account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Quantum Blockchain's Depreciation And Amortization and Net Receivables is 0.12. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Quantum Blockchain Technologies, assuming nothing else is changed. The correlation between historical values of Quantum Blockchain's Depreciation And Amortization and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Quantum Blockchain Technologies are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Depreciation And Amortization i.e., Quantum Blockchain's Depreciation And Amortization and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Net Receivables

Most indicators from Quantum Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quantum Blockchain 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum Blockchain Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Quantum Blockchain's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.

Quantum Blockchain fundamental ratios Correlations

0.920.860.890.90.620.530.850.110.980.240.13-0.63-0.210.90.46-0.01-0.120.420.68-0.830.540.07-0.21-0.720.47
0.920.930.70.750.640.320.870.130.890.06-0.03-0.42-0.080.950.50.2-0.190.450.73-0.870.64-0.09-0.29-0.620.35
0.860.930.590.740.80.230.680.050.85-0.02-0.11-0.44-0.110.970.380.3-0.360.350.87-0.660.82-0.14-0.24-0.670.17
0.890.70.590.870.270.780.780.280.860.460.45-0.73-0.390.610.49-0.29-0.060.430.34-0.720.170.31-0.15-0.690.73
0.90.750.740.870.640.50.65-0.010.890.560.42-0.65-0.20.780.39-0.060.010.420.68-0.590.470.4-0.27-0.780.44
0.620.640.80.270.64-0.130.32-0.430.640.03-0.22-0.30.120.850.110.31-0.080.210.97-0.320.86-0.06-0.13-0.52-0.27
0.530.320.230.780.5-0.130.420.60.50.320.51-0.83-0.790.20.34-0.61-0.150.21-0.03-0.38-0.110.23-0.1-0.680.83
0.850.870.680.780.650.320.420.080.780.20.12-0.40.010.730.69-0.020.010.610.35-0.960.230.08-0.13-0.380.59
0.110.130.050.28-0.01-0.430.60.080.15-0.20.13-0.2-0.62-0.07-0.12-0.14-0.43-0.3-0.22-0.15-0.07-0.25-0.34-0.350.48
0.980.890.850.860.890.640.50.780.150.160.05-0.58-0.220.890.290.04-0.120.260.72-0.790.6-0.02-0.25-0.720.36
0.240.06-0.020.460.560.030.320.2-0.20.160.9-0.360.00.030.46-0.290.370.54-0.02-0.06-0.280.96-0.11-0.30.51
0.13-0.03-0.110.450.42-0.220.510.120.130.050.9-0.41-0.24-0.130.47-0.440.130.47-0.210.06-0.380.92-0.19-0.350.71
-0.63-0.42-0.44-0.73-0.65-0.3-0.83-0.4-0.2-0.58-0.36-0.410.7-0.43-0.440.590.14-0.38-0.330.34-0.16-0.28-0.120.79-0.58
-0.21-0.08-0.11-0.39-0.20.12-0.790.01-0.62-0.220.0-0.240.7-0.03-0.030.430.450.08-0.020.02-0.030.05-0.060.6-0.45
0.90.950.970.610.780.850.20.73-0.070.890.03-0.13-0.43-0.030.370.25-0.190.370.89-0.730.8-0.11-0.25-0.650.14
0.460.50.380.490.390.110.340.69-0.120.290.460.47-0.44-0.030.37-0.22-0.030.930.09-0.51-0.070.480.12-0.250.67
-0.010.20.3-0.29-0.060.31-0.61-0.02-0.140.04-0.29-0.440.590.430.25-0.22-0.23-0.10.35-0.050.5-0.34-0.120.21-0.49
-0.12-0.19-0.36-0.060.01-0.08-0.150.01-0.43-0.120.370.130.140.45-0.19-0.03-0.230.12-0.22-0.01-0.370.34-0.050.22-0.03
0.420.450.350.430.420.210.210.61-0.30.260.540.47-0.380.080.370.93-0.10.120.15-0.430.00.560.18-0.230.54
0.680.730.870.340.680.97-0.030.35-0.220.72-0.02-0.21-0.33-0.020.890.090.35-0.220.15-0.380.93-0.13-0.24-0.62-0.2
-0.83-0.87-0.66-0.72-0.59-0.32-0.38-0.96-0.15-0.79-0.060.060.340.02-0.73-0.51-0.05-0.01-0.43-0.38-0.270.120.120.35-0.45
0.540.640.820.170.470.86-0.110.23-0.070.6-0.28-0.38-0.16-0.030.8-0.070.5-0.370.00.93-0.27-0.36-0.31-0.54-0.29
0.07-0.09-0.140.310.4-0.060.230.08-0.25-0.020.960.92-0.280.05-0.110.48-0.340.340.56-0.130.12-0.36-0.09-0.20.49
-0.21-0.29-0.24-0.15-0.27-0.13-0.1-0.13-0.34-0.25-0.11-0.19-0.12-0.06-0.250.12-0.12-0.050.18-0.240.12-0.31-0.090.4-0.21
-0.72-0.62-0.67-0.69-0.78-0.52-0.68-0.38-0.35-0.72-0.3-0.350.790.6-0.65-0.250.210.22-0.23-0.620.35-0.54-0.20.4-0.48
0.470.350.170.730.44-0.270.830.590.480.360.510.71-0.58-0.450.140.67-0.49-0.030.54-0.2-0.45-0.290.49-0.21-0.48
Click cells to compare fundamentals

Quantum Blockchain Account Relationship Matchups

Quantum Blockchain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7M6.2M7.0M6.1M5.9M5.6M
Other Current Liab191K210K1.3M528K885K1.5M
Total Current Liabilities4.1M334K9.8M675K8.4M8.0M
Total Stockholder Equity(1.1M)(2.4M)(2.8M)(3.2M)(2.5M)(2.4M)
Net Debt8.4M8.2M7.3M7.7M5.4M5.6M
Retained Earnings(64M)(65.7M)(71.9M)(76.0M)(80.2M)(76.2M)
Accounts Payable205K124K128K147K85K80.8K
Non Current Assets Total1.1M980K1.0M963K574K545.3K
Non Currrent Assets Other(1.1K)(980.0)874.1K736.3K403K382.9K
Cash And Short Term Investments1.1M979.0K1.0M463K2.1M2.2M
Common Stock Shares Outstanding618.9M662.4M948.2M989.5M1.1B1.2B
Liabilities And Stockholders Equity7.7M6.2M7.0M6.1M5.9M5.6M
Other Stockholder Equity61.0M55.9M66.3M64.4M68.4M50.1M
Total Liab8.8M8.5M9.8M9.3M8.4M10.5M
Total Current Assets6.6M5.2M5.9M5.1M5.3M6.6M
Non Current Liabilities Total6.0M4.7M8.2M8.5M8.6M0.0
Other Current Assets6.6K5.2M4.8M4.6M3.2M3.8M
Short Long Term Debt Total8.4M8.2M8.4M8.1M7.5M10.0M
Short Term Debt343K3.8M8.4M7.5M8.6M9.3M
Short Term Investments1.1M979.0K874.1K736.3K662.6K629.5K
Net Receivables5.09.058K14K12.6K12.0K
Accumulated Other Comprehensive Income8.4K8.8K11.4K13.8K14.2M14.9M
Net Tangible Assets225K(1.6M)(2.4M)(2.8M)(2.5M)(2.4M)
Net Invested Capital7.3M5.8M5.5M4.9M4.9M5.3M
Short Long Term Debt343K3.8M0.08.4M7.5M4.2M
Net Working Capital2.5M4.9M(3.9M)4.4M(3.1M)(3.0M)

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Other Information on Investing in Quantum Stock

Balance Sheet is a snapshot of the financial position of Quantum Blockchain at a specified time, usually calculated after every quarter, six months, or one year. Quantum Blockchain Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Quantum Blockchain and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Quantum currently owns. An asset can also be divided into two categories, current and non-current.