Quantum Net Income vs Change To Netincome Analysis

QUBT Stock  USD 7.06  0.31  4.59%   
Quantum Computing financial indicator trend analysis is much more than just breaking down Quantum Computing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quantum Computing is a good investment. Please check the relationship between Quantum Computing Net Income and its Change To Netincome accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Quantum Stock please use our How to Invest in Quantum Computing guide.

Net Income vs Change To Netincome

Net Income vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantum Computing Net Income account and Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Quantum Computing's Net Income and Change To Netincome is -0.3. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Quantum Computing, assuming nothing else is changed. The correlation between historical values of Quantum Computing's Net Income 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 Net Income of Quantum Computing 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 Net Income i.e., Quantum Computing's Net Income and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

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

Change To Netincome

Most indicators from Quantum Computing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quantum Computing 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 Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Quantum Stock please use our How to Invest in Quantum Computing guide.Selling General Administrative is likely to drop to about 9.6 M in 2024. Issuance Of Capital Stock is likely to drop to about 13.6 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses16.9M36.7M27.6M16.9M
Research Development2.6M4.6M6.4M6.8M

Quantum Computing fundamental ratios Correlations

0.740.761.0-0.42-0.950.920.070.980.66-0.570.770.270.17-0.01-0.120.980.350.890.960.980.520.950.140.990.04
0.740.820.7-0.33-0.660.540.060.650.12-0.090.93-0.090.09-0.13-0.150.660.240.660.60.680.670.550.20.730.04
0.760.820.73-0.47-0.70.66-0.080.720.38-0.320.930.04-0.03-0.140.040.730.10.660.670.710.590.660.270.77-0.09
1.00.70.73-0.4-0.960.940.090.980.69-0.610.730.290.2-0.02-0.120.980.350.90.970.990.470.960.10.980.07
-0.42-0.33-0.47-0.40.22-0.350.87-0.56-0.470.42-0.44-0.60.81-0.55-0.09-0.54-0.02-0.2-0.27-0.33-0.67-0.54-0.93-0.560.88
-0.95-0.66-0.7-0.960.22-0.96-0.27-0.92-0.680.61-0.65-0.25-0.380.160.16-0.93-0.39-0.95-0.99-0.99-0.25-0.920.11-0.91-0.24
0.920.540.660.94-0.35-0.960.10.940.85-0.770.570.320.22-0.170.030.940.230.90.980.960.230.960.00.910.09
0.070.06-0.080.090.87-0.270.1-0.1-0.210.19-0.04-0.490.99-0.57-0.24-0.080.230.260.210.16-0.46-0.1-0.95-0.090.99
0.980.650.720.98-0.56-0.920.94-0.10.76-0.670.70.420.020.09-0.091.00.330.860.940.960.510.990.270.99-0.12
0.660.120.380.69-0.47-0.680.85-0.210.76-0.920.210.47-0.08-0.060.290.76-0.030.630.740.710.060.830.170.69-0.19
-0.57-0.09-0.32-0.610.420.61-0.770.19-0.67-0.92-0.17-0.390.080.07-0.27-0.670.03-0.55-0.66-0.63-0.04-0.73-0.15-0.60.17
0.770.930.930.73-0.44-0.650.57-0.040.70.21-0.17-0.09-0.01-0.09-0.020.70.120.620.610.690.770.60.30.78-0.06
0.27-0.090.040.29-0.6-0.250.32-0.490.420.47-0.39-0.09-0.420.76-0.460.410.580.250.310.290.030.50.450.35-0.55
0.170.09-0.030.20.81-0.380.220.990.02-0.080.08-0.01-0.42-0.57-0.220.040.250.370.330.27-0.450.02-0.940.020.98
-0.01-0.13-0.14-0.02-0.550.16-0.17-0.570.09-0.060.07-0.090.76-0.57-0.570.080.54-0.15-0.11-0.080.320.10.620.08-0.64
-0.12-0.150.04-0.12-0.090.160.03-0.24-0.090.29-0.27-0.02-0.46-0.22-0.57-0.09-0.96-0.14-0.15-0.130.04-0.090.12-0.09-0.14
0.980.660.730.98-0.54-0.930.94-0.081.00.76-0.670.70.410.040.08-0.090.330.870.950.970.490.990.250.99-0.1
0.350.240.10.35-0.02-0.390.230.230.33-0.030.030.120.580.250.54-0.960.330.360.390.37-0.010.34-0.10.320.13
0.890.660.660.9-0.2-0.950.90.260.860.63-0.550.620.250.37-0.15-0.140.870.360.920.940.250.85-0.110.850.24
0.960.60.670.97-0.27-0.990.980.210.940.74-0.660.610.310.33-0.11-0.150.950.390.920.990.250.95-0.070.920.19
0.980.680.710.99-0.33-0.990.960.160.960.71-0.630.690.290.27-0.08-0.130.970.370.940.990.370.950.010.960.14
0.520.670.590.47-0.67-0.250.23-0.460.510.06-0.040.770.03-0.450.320.040.49-0.010.250.250.370.40.710.59-0.47
0.950.550.660.96-0.54-0.920.96-0.10.990.83-0.730.60.50.020.1-0.090.990.340.850.950.950.40.230.96-0.12
0.140.20.270.1-0.930.110.0-0.950.270.17-0.150.30.45-0.940.620.120.25-0.1-0.11-0.070.010.710.230.29-0.96
0.990.730.770.98-0.56-0.910.91-0.090.990.69-0.60.780.350.020.08-0.090.990.320.850.920.960.590.960.29-0.11
0.040.04-0.090.070.88-0.240.090.99-0.12-0.190.17-0.06-0.550.98-0.64-0.14-0.10.130.240.190.14-0.47-0.12-0.96-0.11
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Quantum Computing Account Relationship Matchups

Quantum Computing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets148.2K15.3M17.3M89.3M78.7M82.7M
Other Current Liab980.7K108.1K599.3K2.6M661.2K794.0K
Total Current Liabilities3.0M693.2K1.1M6.5M4.6M2.5M
Total Stockholder Equity(2.8M)14.6M16.2M74.9M73.3M76.9M
Net Tangible Assets(2.8M)14.6M16.2M(6.5M)(7.4M)(7.0M)
Retained Earnings(28.8M)(53.5M)(81.4M)(120.0M)(149.7M)(142.2M)
Accounts Payable218.3K366.7K464.9K872K1.5M1.5M
Cash101.1K15.2M16.7M3.8M2.1M2.0M
Total Liab3.0M693.2K1.1M14.4M5.5M3.4M
Total Current Assets122.6K15.2M17.2M4.1M3.2M5.0M
Short Term Debt1.6M218.4K18.1K1.9M2.5M2.6M
Common Stock736.02.8K2.9K5.6K7.7K7.4K
Property Plant Equipment25.6K31.0K41.3K975.2K1.1M1.2M
Common Stock Total Equity470.0740.02.85.6K6.4K6.8K
Common Stock Shares Outstanding7.4M28.0M29.2M56.0M77.5M81.3M
Other Stockholder Equity16.9M47.7M67.4M151.2M167.9M176.3M
Short Long Term Debt Total1.6M218.4K18.1K9.5M3.3M3.3M
Property Plant And Equipment Net25.6K31.0K41.3K2.3M3.7M3.9M
Net Debt1.5M(15.0M)(16.7M)5.7M1.3M1.3M
Non Current Assets Total25.6K31.0K41.3K83.7M75.5M79.3M
Cash And Short Term Investments101.1K15.2M16.7M3.8M2.1M2.0M
Liabilities And Stockholders Equity148.2K15.3M17.3M89.3M78.7M82.7M
Non Current Liabilities Total2.7B585.1K483.0K7.9M840.1K798.1K
Other Current Assets21.5K40.8K483.0K407.3K427.6K257.3K
Property Plant And Equipment Gross25.6K30.9659.7K2.3M3.9M4.1M
Accumulated Other Comprehensive Income9.0M20.3M30.2M43.7M55.0M29.0M

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