Quantumscape Investments vs Change To Netincome Analysis

QS Stock  USD 5.18  0.02  0.39%   
Quantumscape Corp financial indicator trend analysis is much more than just breaking down Quantumscape Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quantumscape Corp is a good investment. Please check the relationship between Quantumscape Corp Investments and its Change To Netincome accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantumscape Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Quantumscape Stock please use our How to Invest in Quantumscape Corp guide.

Investments vs Change To Netincome

Investments vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantumscape Corp Investments account and Change To Netincome. At this time, the significance of the direction appears to have pay attention.
The correlation between Quantumscape Corp's Investments and Change To Netincome is -0.84. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Quantumscape Corp, assuming nothing else is changed. The correlation between historical values of Quantumscape Corp's Investments and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Quantumscape Corp are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Investments i.e., Quantumscape Corp's Investments and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Netincome

Most indicators from Quantumscape Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quantumscape Corp 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 Quantumscape Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Quantumscape Stock please use our How to Invest in Quantumscape Corp guide.Selling General Administrative is likely to drop to about 75.6 M in 2024. Issuance Of Capital Stock is likely to drop to about 248.1 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization14.7M36.1M42.0M24.5M
Interest Income169.1M10.9M29.2M47.1M

Quantumscape Corp fundamental ratios Correlations

0.89-0.060.79-0.950.780.960.850.760.820.980.840.870.830.89-0.410.720.890.840.790.820.920.80.870.870.6
0.89-0.030.89-0.940.920.920.940.830.880.930.890.980.870.99-0.560.780.990.590.830.910.970.830.980.980.59
-0.06-0.030.29-0.140.03-0.160.210.320.29-0.10.23-0.150.26-0.1-0.240.1-0.11-0.10.310.36-0.110.36-0.16-0.150.46
0.790.890.29-0.930.910.840.990.980.980.810.980.870.980.86-0.810.920.860.410.980.970.890.980.850.870.88
-0.95-0.94-0.14-0.93-0.91-0.95-0.96-0.91-0.93-0.96-0.96-0.92-0.95-0.930.62-0.85-0.93-0.67-0.93-0.94-0.95-0.93-0.92-0.92-0.76
0.780.920.030.91-0.910.890.940.880.90.870.920.950.910.94-0.750.910.940.340.880.860.940.860.950.950.69
0.960.92-0.160.84-0.950.890.90.830.840.980.90.960.880.94-0.590.860.940.670.850.820.980.840.950.960.66
0.850.940.210.99-0.960.940.90.960.970.880.990.920.980.92-0.750.90.920.490.960.980.940.960.910.920.82
0.760.830.320.98-0.910.880.830.960.920.780.990.830.990.81-0.870.950.810.361.00.950.860.990.810.830.94
0.820.880.290.98-0.930.90.840.970.920.830.940.850.940.85-0.720.860.850.470.930.940.870.940.830.850.81
0.980.93-0.10.81-0.960.870.980.880.780.830.860.940.850.95-0.460.770.950.750.80.820.960.80.940.940.58
0.840.890.230.98-0.960.920.90.990.990.940.860.91.00.88-0.810.950.890.460.990.960.930.990.880.90.88
0.870.98-0.150.87-0.920.950.960.920.830.850.940.90.880.99-0.630.850.990.520.830.850.990.821.01.00.6
0.830.870.260.98-0.950.910.880.980.990.940.851.00.880.86-0.830.950.870.451.00.960.910.990.860.880.9
0.890.99-0.10.86-0.930.940.940.920.810.850.950.880.990.86-0.560.81.00.560.820.870.980.810.990.990.57
-0.41-0.56-0.24-0.810.62-0.75-0.59-0.75-0.87-0.72-0.46-0.81-0.63-0.83-0.56-0.92-0.570.09-0.85-0.7-0.64-0.82-0.6-0.63-0.88
0.720.780.10.92-0.850.910.860.90.950.860.770.950.850.950.8-0.920.810.260.950.830.870.930.830.850.88
0.890.99-0.110.86-0.930.940.940.920.810.850.950.890.990.871.0-0.570.810.570.820.870.990.811.00.990.57
0.840.59-0.10.41-0.670.340.670.490.360.470.750.460.520.450.560.090.260.570.410.510.590.440.520.520.26
0.790.830.310.98-0.930.880.850.961.00.930.80.990.831.00.82-0.850.950.820.410.950.871.00.820.830.94
0.820.910.360.97-0.940.860.820.980.950.940.820.960.850.960.87-0.70.830.870.510.950.880.960.840.850.82
0.920.97-0.110.89-0.950.940.980.940.860.870.960.930.990.910.98-0.640.870.990.590.870.880.860.990.990.66
0.80.830.360.98-0.930.860.840.960.990.940.80.990.820.990.81-0.820.930.810.441.00.960.860.80.820.94
0.870.98-0.160.85-0.920.950.950.910.810.830.940.881.00.860.99-0.60.831.00.520.820.840.990.81.00.57
0.870.98-0.150.87-0.920.950.960.920.830.850.940.91.00.880.99-0.630.850.990.520.830.850.990.821.00.6
0.60.590.460.88-0.760.690.660.820.940.810.580.880.60.90.57-0.880.880.570.260.940.820.660.940.570.6
Click cells to compare fundamentals

Quantumscape Corp Account Relationship Matchups

Quantumscape Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab3.3M4.5M14.0M15.7M28.3M29.7M
Total Current Liabilities7.2M12.4M30.6M46.8M57.1M29.2M
Other Liab436K689.7M315K8.5M9.8M9.3M
Net Tangible Assets148.7M1.0B1.6B1.3B1.5B858.1M
Retained Earnings(295.9M)(1.4B)(2.0B)(2.4B)(2.9B)(2.7B)
Accounts Payable2.9M5.4M14.2M21.4M13.0M10.6M
Other Assets2.8M2.2M18.2M18.4M21.1M22.2M
Other Stockholder Equity444.4M2.3B3.6B3.8B4.2B2.6B
Total Current Assets131.2M1.0B1.5B1.1B1.1B905.6M
Common Stock24K36K43K44K49K36.1K
Property Plant Equipment38.4M55.4M234.0M384.7M442.4M464.6M

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