QBTS Cost Of Revenue vs Reconciled Depreciation Analysis

QBTS Stock  USD 1.09  0.09  9.00%   
D Wave financial indicator trend analysis is much more than just examining D Wave Quantum latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether D Wave Quantum is a good investment. Please check the relationship between D Wave Cost Of Revenue and its Reconciled Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in D Wave Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Cost Of Revenue vs Reconciled Depreciation

Cost Of Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of D Wave Quantum Cost Of Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between D Wave's Cost Of Revenue and Reconciled Depreciation is -0.88. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of D Wave Quantum, assuming nothing else is changed. The correlation between historical values of D Wave's Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of D Wave Quantum are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., D Wave's Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on D Wave Quantum income statement and represents the costs associated with goods and services D Wave provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Reconciled Depreciation

Most indicators from D Wave's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into D Wave Quantum 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 D Wave Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Selling General Administrative is likely to drop to about 22.6 M in 2024. Issuance Of Capital Stock is likely to drop to about 259.4 K in 2024
 2021 2022 2023 2024 (projected)
Interest Expense1.7M4.6M37K35.2K
Depreciation And Amortization2.6M228.5K1.8M1.5M

D Wave fundamental ratios Correlations

0.17-0.37-0.490.16-0.06-0.460.49-0.14-0.08-0.810.94-0.460.09-0.060.250.940.36-0.330.18-0.440.23-0.7-0.010.2-0.01
0.170.680.14-0.930.820.75-0.750.94-0.99-0.330.430.750.890.891.00.43-0.830.811.00.76-0.910.510.820.90.88
-0.370.680.7-0.860.940.82-0.910.81-0.790.44-0.070.820.520.920.63-0.07-0.90.820.680.84-0.750.910.920.710.91
-0.490.140.7-0.310.630.28-0.450.25-0.310.79-0.390.280.240.540.1-0.39-0.390.230.140.3-0.270.690.450.050.55
0.16-0.93-0.86-0.31-0.87-0.930.94-1.00.950.02-0.15-0.93-0.77-0.93-0.9-0.150.98-0.96-0.93-0.940.96-0.77-0.89-0.9-0.91
-0.060.820.940.63-0.870.71-0.80.83-0.90.190.220.710.690.990.80.22-0.840.750.820.74-0.770.740.950.790.99
-0.460.750.820.28-0.930.71-0.980.93-0.780.17-0.161.00.60.780.69-0.16-0.980.990.751.0-0.920.870.750.750.74
0.49-0.75-0.91-0.450.94-0.8-0.98-0.920.8-0.290.18-0.98-0.61-0.85-0.690.180.99-0.97-0.74-0.990.9-0.93-0.81-0.73-0.81
-0.140.940.810.25-1.00.830.93-0.92-0.95-0.080.160.930.80.910.910.16-0.960.960.940.93-0.970.740.850.890.88
-0.08-0.99-0.79-0.310.95-0.9-0.780.8-0.950.18-0.34-0.78-0.88-0.96-0.97-0.340.87-0.83-0.99-0.790.92-0.61-0.88-0.89-0.95
-0.81-0.330.440.790.020.190.17-0.29-0.080.18-0.750.17-0.290.09-0.39-0.75-0.170.07-0.330.170.060.610.1-0.270.08
0.940.43-0.07-0.39-0.150.22-0.160.180.16-0.34-0.75-0.160.220.230.491.00.05-0.010.43-0.13-0.02-0.440.320.520.27
-0.460.750.820.28-0.930.711.0-0.980.93-0.780.17-0.160.590.780.69-0.16-0.980.990.751.0-0.910.870.760.750.74
0.090.890.520.24-0.770.690.6-0.610.8-0.88-0.290.220.590.770.890.22-0.670.60.890.58-0.870.430.560.60.75
-0.060.890.920.54-0.930.990.78-0.850.91-0.960.090.230.780.770.870.23-0.890.820.890.8-0.850.750.950.841.0
0.251.00.630.1-0.90.80.69-0.690.91-0.97-0.390.490.690.890.870.49-0.780.761.00.7-0.880.430.790.890.86
0.940.43-0.07-0.39-0.150.22-0.160.180.16-0.34-0.751.0-0.160.220.230.490.05-0.010.43-0.13-0.02-0.440.320.520.27
0.36-0.83-0.9-0.390.98-0.84-0.980.99-0.960.87-0.170.05-0.98-0.67-0.89-0.780.05-0.98-0.83-0.990.93-0.88-0.86-0.82-0.86
-0.330.810.820.23-0.960.750.99-0.970.96-0.830.07-0.010.990.60.820.76-0.01-0.980.810.99-0.910.820.820.840.78
0.181.00.680.14-0.930.820.75-0.740.94-0.99-0.330.430.750.890.891.00.43-0.830.810.76-0.910.50.820.90.88
-0.440.760.840.3-0.940.741.0-0.990.93-0.790.17-0.131.00.580.80.7-0.13-0.990.990.76-0.910.870.790.780.76
0.23-0.91-0.75-0.270.96-0.77-0.920.9-0.970.920.06-0.02-0.91-0.87-0.85-0.88-0.020.93-0.91-0.91-0.91-0.74-0.73-0.76-0.82
-0.70.510.910.69-0.770.740.87-0.930.74-0.610.61-0.440.870.430.750.43-0.44-0.880.820.50.87-0.740.70.490.71
-0.010.820.920.45-0.890.950.75-0.810.85-0.880.10.320.760.560.950.790.32-0.860.820.820.79-0.730.70.910.95
0.20.90.710.05-0.90.790.75-0.730.89-0.89-0.270.520.750.60.840.890.52-0.820.840.90.78-0.760.490.910.84
-0.010.880.910.55-0.910.990.74-0.810.88-0.950.080.270.740.751.00.860.27-0.860.780.880.76-0.820.710.950.84
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