QBTS Total Assets vs Other Current Liab 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 Total Assets and its Other Current Liab 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.

Total Assets vs Other Current Liab

Total Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of D Wave Quantum Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between D Wave's Total Assets and Other Current Liab is -0.37. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab 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 Total Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of D Wave Quantum are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., D Wave's Total Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of D Wave assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in D Wave Quantum books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Current Liab

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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D Wave Account Relationship Matchups

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Additional Tools for QBTS Stock Analysis

When running D Wave's price analysis, check to measure D Wave'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 D Wave is operating at the current time. Most of D Wave's value examination focuses on studying past and present price action to predict the probability of D Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move D Wave's price. Additionally, you may evaluate how the addition of D Wave to your portfolios can decrease your overall portfolio volatility.