QBTS Capital Lease Obligations vs Cash And Short Term Investments Analysis
QBTS Stock | USD 2.93 0.96 48.73% |
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 Capital Lease Obligations and its Cash And Short Term Investments 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.
Capital Lease Obligations vs Cash And Short Term Investments
Capital Lease Obligations vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of D Wave Quantum Capital Lease Obligations account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between D Wave's Capital Lease Obligations and Cash And Short Term Investments is -0.13. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Cash And Short Term Investments 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 Capital Lease Obligations and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of D Wave Quantum are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Capital Lease Obligations i.e., D Wave's Capital Lease Obligations and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Lease Obligations
D Wave Quantum capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to D Wave asset purchases. For example, D Wave can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as D Wave control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of D Wave Quantum balance sheet. This account contains D Wave investments that will expire within one year. These investments include stocks and bonds that can be liquidated by D Wave Quantum fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 Expense | 1.7M | 4.6M | 37K | 35.2K | Depreciation And Amortization | 2.6M | 228.5K | 1.8M | 1.5M |
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Additional Tools for QBTS Stock Analysis
When running D Wave's price analysis, check to measure D Wave's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy D Wave is operating at the current time. Most of D Wave's value examination focuses on studying past and present price action to predict the probability of D Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move D Wave's price. Additionally, you may evaluate how the addition of D Wave to your portfolios can decrease your overall portfolio volatility.