QBTS Net Income vs Cost Of Revenue 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 Net Income and its Cost Of Revenue 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.

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of D Wave Quantum Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between D Wave's Net Income and Cost Of Revenue is -0.92. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue 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 Net Income and Cost Of Revenue 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 D Wave Quantum are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., D Wave's Net Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

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

Cost Of Revenue

Cost of Revenue is found on D Wave Quantum income statement and represents the costs associated with goods and services D Wave provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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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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.