QBTS Accounts Payable vs Other Current Liab Analysis

QBTS Stock  USD 2.89  0.04  1.37%   
D Wave financial indicator trend analysis is much more than just examining D Wave Quantum latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether D Wave Quantum is a good investment. Please check the relationship between D Wave Accounts Payable and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in D Wave Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of D Wave Quantum Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between D Wave's Accounts Payable and Other Current Liab is 0.26. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of D Wave Quantum, assuming nothing else is changed. The correlation between historical values of D Wave's Accounts Payable and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of D Wave Quantum are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., D Wave's Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents D Wave obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of D Wave Quantum are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Liab

Most indicators from D Wave's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into D Wave Quantum 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 D Wave Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Selling General Administrative is likely to drop to about 22.6 M in 2024. Issuance Of Capital Stock is likely to drop to about 259.4 K in 2024
 2021 2022 2023 2024 (projected)
Interest Expense1.7M4.6M37K35.2K
Depreciation And Amortization2.6M228.5K1.8M1.5M

D Wave fundamental ratios Correlations

0.17-0.07-0.490.16-0.06-0.460.49-0.14-0.08-0.810.94-0.460.09-0.060.250.940.42-0.330.18-0.440.23-0.72-0.010.2-0.01
0.17-0.960.14-0.930.820.75-0.750.94-0.99-0.330.430.750.890.891.00.43-0.780.811.00.76-0.910.310.820.90.88
-0.07-0.96-0.080.97-0.8-0.850.83-0.970.950.26-0.37-0.85-0.76-0.87-0.95-0.370.87-0.91-0.96-0.860.91-0.47-0.86-0.96-0.86
-0.490.14-0.08-0.310.630.28-0.450.25-0.310.79-0.390.280.240.540.1-0.39-0.290.230.140.3-0.270.010.450.050.55
0.16-0.930.97-0.31-0.87-0.930.94-1.00.950.02-0.15-0.93-0.77-0.93-0.9-0.150.95-0.96-0.93-0.940.96-0.56-0.89-0.9-0.91
-0.060.82-0.80.63-0.870.71-0.80.83-0.90.190.220.710.690.990.80.22-0.730.750.820.74-0.770.180.950.790.99
-0.460.75-0.850.28-0.930.71-0.980.93-0.780.17-0.161.00.60.780.69-0.16-1.00.990.751.0-0.920.810.760.750.74
0.49-0.750.83-0.450.94-0.8-0.98-0.920.8-0.290.18-0.98-0.61-0.85-0.690.180.98-0.97-0.74-0.990.9-0.73-0.82-0.73-0.81
-0.140.94-0.970.25-1.00.830.93-0.92-0.95-0.080.160.930.80.910.910.16-0.940.960.940.93-0.970.580.860.890.88
-0.08-0.990.95-0.310.95-0.9-0.780.8-0.950.18-0.34-0.78-0.88-0.96-0.97-0.340.81-0.83-0.99-0.790.92-0.31-0.88-0.89-0.95
-0.81-0.330.260.790.020.190.17-0.29-0.080.18-0.750.17-0.290.09-0.39-0.75-0.150.07-0.330.170.060.240.1-0.270.08
0.940.43-0.37-0.39-0.150.22-0.160.180.16-0.34-0.75-0.160.220.230.491.00.12-0.010.43-0.13-0.02-0.540.320.520.27
-0.460.75-0.850.28-0.930.711.0-0.980.93-0.780.17-0.160.590.780.69-0.16-1.00.990.751.0-0.910.810.760.750.74
0.090.89-0.760.24-0.770.690.6-0.610.8-0.88-0.290.220.590.770.890.22-0.620.60.890.58-0.870.240.560.60.75
-0.060.89-0.870.54-0.930.990.78-0.850.91-0.960.090.230.780.770.870.23-0.80.820.890.8-0.850.280.950.841.0
0.251.0-0.950.1-0.90.80.69-0.690.91-0.97-0.390.490.690.890.870.49-0.720.761.00.7-0.880.250.790.890.86
0.940.43-0.37-0.39-0.150.22-0.160.180.16-0.34-0.751.0-0.160.220.230.490.12-0.010.43-0.13-0.02-0.540.320.520.27
0.42-0.780.87-0.290.95-0.73-1.00.98-0.940.81-0.150.12-1.0-0.62-0.8-0.720.12-0.99-0.78-1.00.93-0.79-0.78-0.78-0.76
-0.330.81-0.910.23-0.960.750.99-0.970.96-0.830.07-0.010.990.60.820.76-0.01-0.990.810.99-0.910.740.820.840.78
0.181.0-0.960.14-0.930.820.75-0.740.94-0.99-0.330.430.750.890.891.00.43-0.780.810.76-0.910.310.820.90.88
-0.440.76-0.860.3-0.940.741.0-0.990.93-0.790.17-0.131.00.580.80.7-0.13-1.00.990.76-0.910.780.790.780.76
0.23-0.910.91-0.270.96-0.77-0.920.9-0.970.920.06-0.02-0.91-0.87-0.85-0.88-0.020.93-0.91-0.91-0.91-0.63-0.74-0.76-0.82
-0.720.31-0.470.01-0.560.180.81-0.730.58-0.310.24-0.540.810.240.280.25-0.54-0.790.740.310.78-0.630.260.310.21
-0.010.82-0.860.45-0.890.950.76-0.820.86-0.880.10.320.760.560.950.790.32-0.780.820.820.79-0.740.260.910.95
0.20.9-0.960.05-0.90.790.75-0.730.89-0.89-0.270.520.750.60.840.890.52-0.780.840.90.78-0.760.310.910.84
-0.010.88-0.860.55-0.910.990.74-0.810.88-0.950.080.270.740.751.00.860.27-0.760.780.880.76-0.820.210.950.84
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D Wave Account Relationship Matchups

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