Quantum Income Before Tax vs Net Interest Income Analysis

QBT Stock   1.13  0.08  7.62%   
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 Income Before Tax and its Net Interest Income 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.

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantum Blockchain Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Quantum Blockchain's Income Before Tax and Net Interest Income is -0.16. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income 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 Income Before Tax and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Quantum Blockchain Technologies are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Quantum Blockchain's Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Quantum Blockchain income statement and is an important metric when analyzing Quantum Blockchain profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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

0.90.860.890.90.630.550.80.090.980.250.14-0.620.38-0.310.90.470.03-0.060.69-0.830.540.08-0.19-0.730.48
0.90.810.80.880.570.430.760.020.830.470.37-0.50.61-0.170.840.680.04-0.010.62-0.770.460.35-0.3-0.680.56
0.860.810.590.730.790.240.70.040.85-0.01-0.11-0.410.28-0.050.960.380.34-0.330.87-0.660.83-0.13-0.23-0.660.17
0.890.80.590.870.290.790.680.250.860.460.45-0.720.39-0.550.620.5-0.250.00.35-0.720.180.32-0.12-0.70.74
0.90.880.730.870.650.520.53-0.030.90.560.42-0.640.37-0.330.780.4-0.020.060.68-0.590.480.41-0.25-0.790.46
0.630.570.790.290.65-0.10.33-0.440.650.05-0.21-0.340.190.160.850.130.35-0.030.97-0.330.86-0.05-0.11-0.53-0.25
0.550.430.240.790.52-0.10.360.560.520.330.51-0.810.17-0.870.220.36-0.55-0.090.0-0.39-0.090.24-0.08-0.690.83
0.80.760.70.680.530.330.360.090.73-0.02-0.05-0.330.55-0.050.730.660.06-0.080.37-0.920.32-0.11-0.08-0.330.51
0.090.020.040.25-0.03-0.440.560.090.13-0.20.12-0.11-0.41-0.56-0.09-0.13-0.13-0.44-0.23-0.13-0.08-0.26-0.35-0.320.46
0.980.830.850.860.90.650.520.730.130.170.05-0.580.21-0.320.90.30.08-0.070.72-0.790.6-0.01-0.23-0.730.38
0.250.47-0.010.460.560.050.33-0.02-0.20.170.9-0.350.54-0.20.040.46-0.280.37-0.01-0.06-0.270.96-0.1-0.310.52
0.140.37-0.110.450.42-0.210.51-0.050.120.050.9-0.380.46-0.4-0.120.47-0.460.14-0.210.06-0.380.92-0.18-0.360.71
-0.62-0.5-0.41-0.72-0.64-0.34-0.81-0.33-0.11-0.58-0.35-0.38-0.350.68-0.43-0.430.46-0.03-0.340.34-0.17-0.27-0.150.77-0.56
0.380.610.280.390.370.190.170.55-0.410.210.540.46-0.350.120.320.95-0.190.210.09-0.41-0.10.580.18-0.120.51
-0.31-0.17-0.05-0.55-0.330.16-0.87-0.05-0.56-0.32-0.2-0.40.680.12-0.03-0.060.60.130.050.120.07-0.130.080.61-0.6
0.90.840.960.620.780.850.220.73-0.090.90.04-0.12-0.430.32-0.030.380.27-0.140.9-0.730.81-0.1-0.23-0.650.15
0.470.680.380.50.40.130.360.66-0.130.30.460.47-0.430.95-0.060.38-0.220.00.1-0.52-0.060.480.13-0.260.67
0.030.040.34-0.25-0.020.35-0.550.06-0.130.08-0.28-0.460.46-0.190.60.27-0.22-0.170.35-0.070.5-0.34-0.10.13-0.48
-0.06-0.01-0.330.00.06-0.03-0.09-0.08-0.44-0.070.370.14-0.030.210.13-0.140.0-0.17-0.18-0.03-0.330.35-0.010.150.01
0.690.620.870.350.680.970.00.37-0.230.72-0.01-0.21-0.340.090.050.90.10.35-0.18-0.380.93-0.13-0.22-0.63-0.18
-0.83-0.77-0.66-0.72-0.59-0.33-0.39-0.92-0.13-0.79-0.060.060.34-0.410.12-0.73-0.52-0.07-0.03-0.38-0.280.110.110.35-0.46
0.540.460.830.180.480.86-0.090.32-0.080.6-0.27-0.38-0.17-0.10.070.81-0.060.5-0.330.93-0.28-0.35-0.3-0.55-0.27
0.080.35-0.130.320.41-0.050.24-0.11-0.26-0.010.960.92-0.270.58-0.13-0.10.48-0.340.35-0.130.11-0.35-0.09-0.20.49
-0.19-0.3-0.23-0.12-0.25-0.11-0.08-0.08-0.35-0.23-0.1-0.18-0.150.180.08-0.230.13-0.1-0.01-0.220.11-0.3-0.090.37-0.2
-0.73-0.68-0.66-0.7-0.79-0.53-0.69-0.33-0.32-0.73-0.31-0.360.77-0.120.61-0.65-0.260.130.15-0.630.35-0.55-0.20.37-0.49
0.480.560.170.740.46-0.250.830.510.460.380.520.71-0.560.51-0.60.150.67-0.480.01-0.18-0.46-0.270.49-0.2-0.49
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Quantum Blockchain Account Relationship Matchups

Quantum Blockchain fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.2M7.0M6.1M5.9M6.8M6.4M
Other Current Liab210K1.3M528K885K1.0M1.8M
Total Current Liabilities334K9.8M675K8.4M9.7M8.0M
Total Stockholder Equity(2.4M)(2.8M)(3.2M)(2.5M)(2.3M)(2.2M)
Net Debt8.2M7.3M7.7M5.4M6.2M5.6M
Retained Earnings(65.7M)(71.9M)(76.0M)(80.2M)(72.1M)(75.8M)
Accounts Payable124K128K147K85K97.8K92.9K
Non Current Assets Total980K1.0M963K574K516.6K490.8K
Non Currrent Assets Other(980.0)874.1K736.3K403K362.7K344.6K
Cash And Short Term Investments979.0K1.0M463K2.1M1.9M2.2M
Common Stock Shares Outstanding662.4M948.2M989.5M1.1B1.3B1.3B
Liabilities And Stockholders Equity6.2M7.0M6.1M5.9M6.8M6.4M
Other Current Assets5.2M4.8M4.6M3.2M3.7M3.8M
Other Stockholder Equity55.9M66.3M64.4M68.4M78.7M51.6M
Total Liab8.5M9.8M9.3M8.4M9.7M10.5M
Total Current Assets5.2M5.9M5.1M5.3M6.1M6.6M
Non Current Liabilities Total6.0M4.7M8.2M8.5M8.6M0.0
Short Long Term Debt Total8.2M8.4M8.1M7.5M8.6M10.0M
Short Term Debt343K3.8M8.4M7.5M8.6M9.3M
Short Term Investments1.1M979.0K874.1K736.3K662.6K629.5K
Net Receivables5K9.058K14K12.6K12.0K
Accumulated Other Comprehensive Income8.8K11.4K13.8K14.2M12.8M13.4M
Net Tangible Assets225K(1.6M)(2.4M)(2.8M)(2.5M)(2.4M)
Net Invested Capital5.8M5.5M4.9M4.9M4.4M5.3M
Short Long Term Debt3.8M0.08.4M7.5M8.6M9.0M
Net Working Capital4.9M(3.9M)4.4M(3.1M)(2.8M)(2.7M)

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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.