QBTS Reconciled Depreciation vs Ebit 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 Reconciled Depreciation and its Ebit 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.

Reconciled Depreciation vs Ebit

Reconciled Depreciation vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of D Wave Quantum Reconciled Depreciation account and Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between D Wave's Reconciled Depreciation and Ebit is 0.97. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Ebit 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 Reconciled Depreciation and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of D Wave Quantum are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Reconciled Depreciation i.e., D Wave's Reconciled Depreciation and Ebit go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Reconciled Depreciation

Ebit

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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