Quantum Property Plant Equipment vs Total Assets 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 Property Plant Equipment and its Total Assets 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.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantum Blockchain Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Quantum Blockchain's Property Plant Equipment and Total Assets is 0.28. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets 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 Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Quantum Blockchain Technologies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Quantum Blockchain's Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant Equipment

Total Assets

Total assets refers to the total amount of Quantum Blockchain assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Quantum Blockchain books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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
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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.