QS Stock | | | USD 5.04 0.03 0.59% |
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 Property Plant And Equipment Net and its Net Tangible Assets 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.
Property Plant And Equipment Net vs Net Tangible Assets
Property Plant And Equipment Net vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Quantumscape Corp Property Plant And Equipment Net account and
Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Quantumscape Corp's Property Plant And Equipment Net and Net Tangible Assets is 0.86. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Tangible Assets 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 Property Plant And Equipment Net and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Quantumscape Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Property Plant And Equipment Net i.e., Quantumscape Corp's Property Plant And Equipment Net and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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
Quantumscape Corp fundamental ratios Correlations
Click cells to compare fundamentals
Quantumscape Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quantumscape Corp fundamental ratios Accounts
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Additional Tools for Quantumscape Stock Analysis
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