Quantum Net Income vs Total Operating Expenses 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 Net Income and its Total Operating Expenses 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.

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantum Blockchain Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Quantum Blockchain's Net Income and Total Operating Expenses is -0.44. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses 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 Net Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Quantum Blockchain Technologies are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Quantum Blockchain's Net Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Quantum Blockchain financial statement analysis. It represents the amount of money remaining after all of Quantum Blockchain Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Current Liabilities Total	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Short Term Investments	Net Receivables	Inventory	Intangible Assets
Total Assets		0.9	0.86	0.89	0.9	0.63	0.55	0.8	0.09	0.98	0.25	0.14	-0.62	0.38	-0.31	0.9	0.47	0.03	-0.06	0.69	-0.83	0.54	0.08	-0.19	-0.73	0.48
Other Current Liab	0.9		0.81	0.8	0.88	0.57	0.43	0.76	0.02	0.83	0.47	0.37	-0.5	0.61	-0.17	0.84	0.68	0.04	-0.01	0.62	-0.77	0.46	0.35	-0.3	-0.68	0.56
Total Current Liabilities	0.86	0.81		0.59	0.73	0.79	0.24	0.7	0.04	0.85	-0.01	-0.11	-0.41	0.28	-0.05	0.96	0.38	0.34	-0.33	0.87	-0.66	0.83	-0.13	-0.23	-0.66	0.17
Total Stockholder Equity	0.89	0.8	0.59		0.87	0.29	0.79	0.68	0.25	0.86	0.46	0.45	-0.72	0.39	-0.55	0.62	0.5	-0.25	0.0	0.35	-0.72	0.18	0.32	-0.12	-0.7	0.74
Property Plant And Equipment Net	0.9	0.88	0.73	0.87		0.65	0.52	0.53	-0.03	0.9	0.56	0.42	-0.64	0.37	-0.33	0.78	0.4	-0.02	0.06	0.68	-0.59	0.48	0.41	-0.25	-0.79	0.46
Net Debt	0.63	0.57	0.79	0.29	0.65		-0.1	0.33	-0.44	0.65	0.05	-0.21	-0.34	0.19	0.16	0.85	0.13	0.35	-0.03	0.97	-0.33	0.86	-0.05	-0.11	-0.53	-0.25
Retained Earnings	0.55	0.43	0.24	0.79	0.52	-0.1		0.36	0.56	0.52	0.33	0.51	-0.81	0.17	-0.87	0.22	0.36	-0.55	-0.09	0.0	-0.39	-0.09	0.24	-0.08	-0.69	0.83
Accounts Payable	0.8	0.76	0.7	0.68	0.53	0.33	0.36		0.09	0.73	-0.02	-0.05	-0.33	0.55	-0.05	0.73	0.66	0.06	-0.08	0.37	-0.92	0.32	-0.11	-0.08	-0.33	0.51
Cash	0.09	0.02	0.04	0.25	-0.03	-0.44	0.56	0.09		0.13	-0.2	0.12	-0.11	-0.41	-0.56	-0.09	-0.13	-0.13	-0.44	-0.23	-0.13	-0.08	-0.26	-0.35	-0.32	0.46
Non Current Assets Total	0.98	0.83	0.85	0.86	0.9	0.65	0.52	0.73	0.13		0.17	0.05	-0.58	0.21	-0.32	0.9	0.3	0.08	-0.07	0.72	-0.79	0.6	-0.01	-0.23	-0.73	0.38
Non Currrent Assets Other	0.25	0.47	-0.01	0.46	0.56	0.05	0.33	-0.02	-0.2	0.17		0.9	-0.35	0.54	-0.2	0.04	0.46	-0.28	0.37	-0.01	-0.06	-0.27	0.96	-0.1	-0.31	0.52
Cash And Short Term Investments	0.14	0.37	-0.11	0.45	0.42	-0.21	0.51	-0.05	0.12	0.05	0.9		-0.38	0.46	-0.4	-0.12	0.47	-0.46	0.14	-0.21	0.06	-0.38	0.92	-0.18	-0.36	0.71
Common Stock Shares Outstanding	-0.62	-0.5	-0.41	-0.72	-0.64	-0.34	-0.81	-0.33	-0.11	-0.58	-0.35	-0.38		-0.35	0.68	-0.43	-0.43	0.46	-0.03	-0.34	0.34	-0.17	-0.27	-0.15	0.77	-0.56
Other Current Assets	0.38	0.61	0.28	0.39	0.37	0.19	0.17	0.55	-0.41	0.21	0.54	0.46	-0.35		0.12	0.32	0.95	-0.19	0.21	0.09	-0.41	-0.1	0.58	0.18	-0.12	0.51
Other Stockholder Equity	-0.31	-0.17	-0.05	-0.55	-0.33	0.16	-0.87	-0.05	-0.56	-0.32	-0.2	-0.4	0.68	0.12		-0.03	-0.06	0.6	0.13	0.05	0.12	0.07	-0.13	0.08	0.61	-0.6
Total Liab	0.9	0.84	0.96	0.62	0.78	0.85	0.22	0.73	-0.09	0.9	0.04	-0.12	-0.43	0.32	-0.03		0.38	0.27	-0.14	0.9	-0.73	0.81	-0.1	-0.23	-0.65	0.15
Total Current Assets	0.47	0.68	0.38	0.5	0.4	0.13	0.36	0.66	-0.13	0.3	0.46	0.47	-0.43	0.95	-0.06	0.38		-0.22	0.0	0.1	-0.52	-0.06	0.48	0.13	-0.26	0.67
Common Stock	0.03	0.04	0.34	-0.25	-0.02	0.35	-0.55	0.06	-0.13	0.08	-0.28	-0.46	0.46	-0.19	0.6	0.27	-0.22		-0.17	0.35	-0.07	0.5	-0.34	-0.1	0.13	-0.48
Non Current Liabilities Total	-0.06	-0.01	-0.33	0.0	0.06	-0.03	-0.09	-0.08	-0.44	-0.07	0.37	0.14	-0.03	0.21	0.13	-0.14	0.0	-0.17		-0.18	-0.03	-0.33	0.35	-0.01	0.15	0.01
Short Long Term Debt Total	0.69	0.62	0.87	0.35	0.68	0.97	0.0	0.37	-0.23	0.72	-0.01	-0.21	-0.34	0.09	0.05	0.9	0.1	0.35	-0.18		-0.38	0.93	-0.13	-0.22	-0.63	-0.18
Current Deferred Revenue	-0.83	-0.77	-0.66	-0.72	-0.59	-0.33	-0.39	-0.92	-0.13	-0.79	-0.06	0.06	0.34	-0.41	0.12	-0.73	-0.52	-0.07	-0.03	-0.38		-0.28	0.11	0.11	0.35	-0.46
Short Term Debt	0.54	0.46	0.83	0.18	0.48	0.86	-0.09	0.32	-0.08	0.6	-0.27	-0.38	-0.17	-0.1	0.07	0.81	-0.06	0.5	-0.33	0.93	-0.28		-0.35	-0.3	-0.55	-0.27
Short Term Investments	0.08	0.35	-0.13	0.32	0.41	-0.05	0.24	-0.11	-0.26	-0.01	0.96	0.92	-0.27	0.58	-0.13	-0.1	0.48	-0.34	0.35	-0.13	0.11	-0.35		-0.09	-0.2	0.49
Net Receivables	-0.19	-0.3	-0.23	-0.12	-0.25	-0.11	-0.08	-0.08	-0.35	-0.23	-0.1	-0.18	-0.15	0.18	0.08	-0.23	0.13	-0.1	-0.01	-0.22	0.11	-0.3	-0.09		0.37	-0.2
Inventory	-0.73	-0.68	-0.66	-0.7	-0.79	-0.53	-0.69	-0.33	-0.32	-0.73	-0.31	-0.36	0.77	-0.12	0.61	-0.65	-0.26	0.13	0.15	-0.63	0.35	-0.55	-0.2	0.37		-0.49
Intangible Assets	0.48	0.56	0.17	0.74	0.46	-0.25	0.83	0.51	0.46	0.38	0.52	0.71	-0.56	0.51	-0.6	0.15	0.67	-0.48	0.01	-0.18	-0.46	-0.27	0.49	-0.2	-0.49

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Quantum Blockchain Account Relationship Matchups

Quantum Blockchain fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.2M	7.0M	6.1M	5.9M	6.8M	6.4M
Other Current Liab	210K	1.3M	528K	885K	1.0M	1.8M
Total Current Liabilities	334K	9.8M	675K	8.4M	9.7M	8.0M
Total Stockholder Equity	(2.4M)	(2.8M)	(3.2M)	(2.5M)	(2.3M)	(2.2M)
Net Debt	8.2M	7.3M	7.7M	5.4M	6.2M	5.6M
Retained Earnings	(65.7M)	(71.9M)	(76.0M)	(80.2M)	(72.1M)	(75.8M)
Accounts Payable	124K	128K	147K	85K	97.8K	92.9K
Non Current Assets Total	980K	1.0M	963K	574K	516.6K	490.8K
Non Currrent Assets Other	(980.0)	874.1K	736.3K	403K	362.7K	344.6K
Cash And Short Term Investments	979.0K	1.0M	463K	2.1M	1.9M	2.2M
Common Stock Shares Outstanding	662.4M	948.2M	989.5M	1.1B	1.3B	1.3B
Liabilities And Stockholders Equity	6.2M	7.0M	6.1M	5.9M	6.8M	6.4M
Other Current Assets	5.2M	4.8M	4.6M	3.2M	3.7M	3.8M
Other Stockholder Equity	55.9M	66.3M	64.4M	68.4M	78.7M	51.6M
Total Liab	8.5M	9.8M	9.3M	8.4M	9.7M	10.5M
Total Current Assets	5.2M	5.9M	5.1M	5.3M	6.1M	6.6M
Non Current Liabilities Total	6.0M	4.7M	8.2M	8.5M	8.6M	0.0
Short Long Term Debt Total	8.2M	8.4M	8.1M	7.5M	8.6M	10.0M
Short Term Debt	343K	3.8M	8.4M	7.5M	8.6M	9.3M
Short Term Investments	1.1M	979.0K	874.1K	736.3K	662.6K	629.5K
Net Receivables	5K	9.0	58K	14K	12.6K	12.0K
Accumulated Other Comprehensive Income	8.8K	11.4K	13.8K	14.2M	12.8M	13.4M
Net Tangible Assets	225K	(1.6M)	(2.4M)	(2.8M)	(2.5M)	(2.4M)
Net Invested Capital	5.8M	5.5M	4.9M	4.9M	4.4M	5.3M
Short Long Term Debt	3.8M	0.0	8.4M	7.5M	8.6M	9.0M
Net Working Capital	4.9M	(3.9M)	4.4M	(3.1M)	(2.8M)	(2.7M)

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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.

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Quantum Net Income vs Total Operating Expenses Analysis

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Net Income

Total Operating Expenses

Quantum Blockchain fundamental ratios Correlations

Quantum Blockchain Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Quantum Blockchain fundamental ratios Accounts

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Non Current Assets Total	+ 0.98	Total Assets
Short Long Term Debt Total	+ 0.97	Net Debt
Total Liab	+ 0.96	Total Current Liabilities
Short Term Investments	+ 0.96	Non Currrent Assets Other
Total Current Assets	+ 0.95	Other Current Assets
Short Term Debt	+ 0.93	Short Long Term Debt Total

Current Deferred Revenue	- 0.92	Accounts Payable
Other Stockholder Equity	- 0.87	Retained Earnings
Current Deferred Revenue	- 0.83	Total Assets
Common Stock Shares Outstanding	- 0.81	Retained Earnings
Current Deferred Revenue	- 0.79	Non Current Assets Total
Inventory	- 0.79	Property Plant And Equipment Net