Quantum Net Tangible Assets vs Total Current Assets Analysis

QSIAW Stock  USD 0.19  0.04  26.67%   
Quantum Si financial indicator trend analysis is much more than just breaking down Quantum Si incorporated prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quantum Si incorporated is a good investment. Please check the relationship between Quantum Si Net Tangible Assets and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum Si incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Tangible Assets vs Total Current Assets

Net Tangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantum Si incorporated Net Tangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Quantum Si's Net Tangible Assets and Total Current Assets is 0.97. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Quantum Si incorporated, assuming nothing else is changed. The correlation between historical values of Quantum Si's Net Tangible Assets and Total Current 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 Net Tangible Assets of Quantum Si incorporated are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Tangible Assets i.e., Quantum Si's Net Tangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Quantum Si's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quantum Si incorporated 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 Quantum Si incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Issuance Of Capital Stock is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 32.4 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.0M2.6M3.9M2.0M
Total Operating Expenses96.9M114.4M111.7M87.2M

Quantum Si fundamental ratios Correlations

0.940.951.00.85-0.51-0.780.940.590.94-0.53-0.161.0-0.160.950.990.961.00.950.850.98-0.390.93-0.39-0.08-0.95
0.941.00.930.97-0.67-0.890.940.760.99-0.71-0.140.93-0.060.990.911.00.930.970.970.94-0.450.77-0.45-0.4-0.97
0.951.00.940.96-0.66-0.890.940.760.99-0.7-0.130.94-0.080.990.921.00.940.970.960.94-0.440.78-0.44-0.39-0.97
1.00.930.940.84-0.5-0.770.940.570.93-0.52-0.171.0-0.160.940.990.951.00.940.840.98-0.380.94-0.38-0.06-0.95
0.850.970.960.84-0.78-0.930.830.890.98-0.68-0.180.830.060.940.830.960.840.950.990.89-0.50.61-0.5-0.55-0.93
-0.51-0.67-0.66-0.5-0.780.93-0.44-0.9-0.720.250.11-0.49-0.08-0.6-0.53-0.67-0.5-0.71-0.81-0.650.88-0.210.880.630.75
-0.78-0.89-0.89-0.77-0.930.93-0.73-0.9-0.910.470.09-0.760.04-0.84-0.78-0.89-0.77-0.9-0.95-0.870.77-0.530.770.540.93
0.940.940.940.940.83-0.44-0.730.50.89-0.73-0.040.94-0.230.950.90.930.940.870.840.88-0.30.88-0.3-0.22-0.89
0.590.760.760.570.89-0.9-0.90.50.82-0.42-0.10.560.110.690.60.770.570.810.880.71-0.610.26-0.61-0.64-0.76
0.940.990.990.930.98-0.72-0.910.890.82-0.62-0.190.92-0.010.970.920.990.930.990.970.96-0.490.75-0.49-0.38-0.98
-0.53-0.71-0.7-0.52-0.680.250.47-0.73-0.42-0.620.01-0.52-0.03-0.73-0.43-0.65-0.52-0.53-0.69-0.43-0.04-0.39-0.040.630.51
-0.16-0.14-0.13-0.17-0.180.110.09-0.04-0.1-0.190.01-0.16-0.89-0.23-0.17-0.12-0.16-0.17-0.17-0.170.11-0.140.110.050.18
1.00.930.941.00.83-0.49-0.760.940.560.92-0.52-0.16-0.170.940.990.951.00.940.830.97-0.370.95-0.37-0.05-0.95
-0.16-0.06-0.08-0.160.06-0.080.04-0.230.11-0.01-0.03-0.89-0.170.01-0.17-0.1-0.17-0.060.04-0.130.02-0.260.02-0.30.09
0.950.990.990.940.94-0.6-0.840.950.690.97-0.73-0.230.940.010.910.980.940.950.940.92-0.390.81-0.39-0.37-0.95
0.990.910.920.990.83-0.53-0.780.90.60.92-0.43-0.170.99-0.170.910.940.990.950.820.99-0.410.93-0.41-0.01-0.95
0.961.01.00.950.96-0.67-0.890.930.770.99-0.65-0.120.95-0.10.980.940.950.980.960.96-0.460.8-0.46-0.35-0.98
1.00.930.941.00.84-0.5-0.770.940.570.93-0.52-0.161.0-0.170.940.990.950.940.830.97-0.380.94-0.38-0.06-0.95
0.950.970.970.940.95-0.71-0.90.870.810.99-0.53-0.170.94-0.060.950.950.980.940.940.98-0.490.78-0.49-0.28-0.98
0.850.970.960.840.99-0.81-0.950.840.880.97-0.69-0.170.830.040.940.820.960.830.940.88-0.560.61-0.56-0.58-0.94
0.980.940.940.980.89-0.65-0.870.880.710.96-0.43-0.170.97-0.130.920.990.960.970.980.88-0.520.86-0.52-0.13-0.98
-0.39-0.45-0.44-0.38-0.50.880.77-0.3-0.61-0.49-0.040.11-0.370.02-0.39-0.41-0.46-0.38-0.49-0.56-0.52-0.181.00.380.61
0.930.770.780.940.61-0.21-0.530.880.260.75-0.39-0.140.95-0.260.810.930.80.940.780.610.86-0.18-0.180.24-0.8
-0.39-0.45-0.44-0.38-0.50.880.77-0.3-0.61-0.49-0.040.11-0.370.02-0.39-0.41-0.46-0.38-0.49-0.56-0.521.0-0.180.380.61
-0.08-0.4-0.39-0.06-0.550.630.54-0.22-0.64-0.380.630.05-0.05-0.3-0.37-0.01-0.35-0.06-0.28-0.58-0.130.380.240.380.29
-0.95-0.97-0.97-0.95-0.930.750.93-0.89-0.76-0.980.510.18-0.950.09-0.95-0.95-0.98-0.95-0.98-0.94-0.980.61-0.80.610.29
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Quantum Si Account Relationship Matchups

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