Quantumscape Corp Stock Return On Asset

QS Stock  USD 5.41  0.01  0.18%   
Quantumscape Corp fundamentals help investors to digest information that contributes to Quantumscape Corp's financial success or failures. It also enables traders to predict the movement of Quantumscape Stock. The fundamental analysis module provides a way to measure Quantumscape Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Quantumscape Corp stock.
Return On Assets is likely to drop to -0.31 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Quantumscape Corp Company Return On Asset Analysis

Quantumscape Corp's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Quantumscape Corp Return On Asset

    
  -0.22  
Most of Quantumscape Corp's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Quantumscape Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Quantumscape Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Quantumscape Corp is extremely important. It helps to project a fair market value of Quantumscape Stock properly, considering its historical fundamentals such as Return On Asset. Since Quantumscape Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quantumscape Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quantumscape Corp's interrelated accounts and indicators.
-0.930.910.980.980.810.980.98-0.810.980.860.980.960.970.630.870.880.52
-0.93-0.91-0.91-0.93-0.96-0.96-0.950.62-0.93-0.93-0.95-0.99-0.92-0.86-0.94-0.89-0.7
0.91-0.910.880.90.870.920.91-0.750.860.940.910.920.880.670.90.880.42
0.98-0.910.880.920.780.990.99-0.870.990.820.990.941.00.570.830.890.44
0.98-0.930.90.920.830.940.94-0.720.940.850.940.940.930.680.850.830.55
0.81-0.960.870.780.830.860.85-0.460.80.950.850.930.790.940.960.870.75
0.98-0.960.920.990.940.861.0-0.810.990.891.00.980.990.680.90.920.53
0.98-0.950.910.990.940.851.0-0.830.990.871.00.970.990.660.880.910.51
-0.810.62-0.75-0.87-0.72-0.46-0.81-0.83-0.82-0.58-0.83-0.69-0.85-0.15-0.57-0.760.01
0.98-0.930.860.990.940.80.990.99-0.820.810.990.961.00.630.830.870.5
0.86-0.930.940.820.850.950.890.87-0.580.810.870.930.810.820.990.910.66
0.98-0.950.910.990.940.851.01.0-0.830.990.870.970.990.660.880.910.51
0.96-0.990.920.940.940.930.980.97-0.690.960.930.970.950.80.940.910.67
0.97-0.920.881.00.930.790.990.99-0.851.00.810.990.950.60.820.890.46
0.63-0.860.670.570.680.940.680.66-0.150.630.820.660.80.60.840.680.87
0.87-0.940.90.830.850.960.90.88-0.570.830.990.880.940.820.840.940.74
0.88-0.890.880.890.830.870.920.91-0.760.870.910.910.910.890.680.940.57
0.52-0.70.420.440.550.750.530.510.010.50.660.510.670.460.870.740.57
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Quantumscape Net Tangible Assets

Net Tangible Assets

858.12 Million

At this time, Quantumscape Corp's Net Tangible Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Quantumscape Corp has a Return On Asset of -0.2178. This is 119.98% lower than that of the Automobile Components sector and 127.92% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 55.57% higher than that of the company.

Quantumscape Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quantumscape Corp's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quantumscape Corp could also be used in its relative valuation, which is a method of valuing Quantumscape Corp by comparing valuation metrics of similar companies.
Quantumscape Corp is currently under evaluation in return on asset category among related companies.

Quantumscape Fundamentals

About Quantumscape Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Quantumscape Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quantumscape Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quantumscape Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Quantumscape Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Quantumscape Corp is a strong investment it is important to analyze Quantumscape Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Quantumscape Corp's future performance. For an informed investment choice regarding Quantumscape Stock, refer to the following important reports:
Check out Quantumscape Corp Piotroski F Score and Quantumscape Corp Altman Z Score analysis.
For more information on how to buy Quantumscape Stock please use our How to Invest in Quantumscape Corp guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Quantumscape Stock analysis

When running Quantumscape Corp's price analysis, check to measure Quantumscape Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quantumscape Corp is operating at the current time. Most of Quantumscape Corp's value examination focuses on studying past and present price action to predict the probability of Quantumscape Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantumscape Corp's price. Additionally, you may evaluate how the addition of Quantumscape Corp to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Money Managers
Screen money managers from public funds and ETFs managed around the world
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Is Quantumscape Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quantumscape Corp. If investors know Quantumscape will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quantumscape Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.96)
Return On Assets
(0.22)
Return On Equity
(0.37)
The market value of Quantumscape Corp is measured differently than its book value, which is the value of Quantumscape that is recorded on the company's balance sheet. Investors also form their own opinion of Quantumscape Corp's value that differs from its market value or its book value, called intrinsic value, which is Quantumscape Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quantumscape Corp's market value can be influenced by many factors that don't directly affect Quantumscape Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quantumscape Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantumscape Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantumscape Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.