Quantum Total Current Liabilities vs Other Stockholder Equity Analysis

QUBT Stock  USD 1.16  0.11  10.48%   
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 Total Current Liabilities and its Other Stockholder Equity 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.

Total Current Liabilities vs Other Stockholder Equity

Total Current Liabilities vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantum Computing Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Quantum Computing's Total Current Liabilities and Other Stockholder Equity is 0.71. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity 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 Total Current Liabilities and Other Stockholder Equity 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 Current Liabilities of Quantum Computing are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Quantum Computing's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Quantum Computing balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Quantum Computing are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Stockholder Equity

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.Enterprise Value is likely to gain to about 137.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 9.6 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

0.710.761.0-0.42-0.950.920.070.980.66-0.570.770.270.17-0.01-0.120.980.350.890.960.980.520.950.140.990.04
0.710.80.67-0.43-0.560.47-0.070.640.08-0.060.95-0.1-0.04-0.03-0.110.640.190.530.530.610.810.520.340.72-0.09
0.760.80.73-0.47-0.70.66-0.080.720.38-0.320.930.04-0.03-0.140.040.730.10.660.670.710.590.660.270.77-0.09
1.00.670.73-0.4-0.960.940.090.980.69-0.610.730.290.2-0.02-0.120.980.350.90.970.990.470.960.10.980.07
-0.42-0.43-0.47-0.40.22-0.350.87-0.56-0.470.42-0.44-0.60.81-0.55-0.09-0.54-0.02-0.2-0.27-0.33-0.67-0.54-0.93-0.560.88
-0.95-0.56-0.7-0.960.22-0.96-0.27-0.92-0.680.61-0.65-0.25-0.380.160.16-0.93-0.39-0.95-0.99-0.99-0.25-0.920.11-0.91-0.24
0.920.470.660.94-0.35-0.960.10.940.85-0.770.570.320.22-0.170.030.940.230.90.980.960.230.960.00.910.09
0.07-0.07-0.080.090.87-0.270.1-0.1-0.210.19-0.04-0.490.99-0.57-0.24-0.080.230.260.210.16-0.46-0.1-0.95-0.090.99
0.980.640.720.98-0.56-0.920.94-0.10.76-0.670.70.420.020.09-0.091.00.330.860.940.960.510.990.270.99-0.12
0.660.080.380.69-0.47-0.680.85-0.210.76-0.920.210.47-0.08-0.060.290.76-0.030.630.740.710.060.830.170.69-0.19
-0.57-0.06-0.32-0.610.420.61-0.770.19-0.67-0.92-0.17-0.390.080.07-0.27-0.670.03-0.55-0.66-0.63-0.04-0.73-0.15-0.60.17
0.770.950.930.73-0.44-0.650.57-0.040.70.21-0.17-0.09-0.01-0.09-0.020.70.120.620.610.690.770.60.30.78-0.06
0.27-0.10.040.29-0.6-0.250.32-0.490.420.47-0.39-0.09-0.420.76-0.460.410.580.250.310.290.030.50.450.35-0.55
0.17-0.04-0.030.20.81-0.380.220.990.02-0.080.08-0.01-0.42-0.57-0.220.040.250.370.330.27-0.450.02-0.940.020.98
-0.01-0.03-0.14-0.02-0.550.16-0.17-0.570.09-0.060.07-0.090.76-0.57-0.570.080.54-0.15-0.11-0.080.320.10.620.08-0.64
-0.12-0.110.04-0.12-0.090.160.03-0.24-0.090.29-0.27-0.02-0.46-0.22-0.57-0.09-0.96-0.14-0.15-0.130.04-0.090.12-0.09-0.14
0.980.640.730.98-0.54-0.930.94-0.081.00.76-0.670.70.410.040.08-0.090.330.870.950.970.490.990.250.99-0.1
0.350.190.10.35-0.02-0.390.230.230.33-0.030.030.120.580.250.54-0.960.330.360.390.37-0.010.34-0.10.320.13
0.890.530.660.9-0.2-0.950.90.260.860.63-0.550.620.250.37-0.15-0.140.870.360.920.940.250.85-0.110.850.24
0.960.530.670.97-0.27-0.990.980.210.940.74-0.660.610.310.33-0.11-0.150.950.390.920.990.250.95-0.070.920.19
0.980.610.710.99-0.33-0.990.960.160.960.71-0.630.690.290.27-0.08-0.130.970.370.940.990.370.950.010.960.14
0.520.810.590.47-0.67-0.250.23-0.460.510.06-0.040.770.03-0.450.320.040.49-0.010.250.250.370.40.710.59-0.47
0.950.520.660.96-0.54-0.920.96-0.10.990.83-0.730.60.50.020.1-0.090.990.340.850.950.950.40.230.96-0.12
0.140.340.270.1-0.930.110.0-0.950.270.17-0.150.30.45-0.940.620.120.25-0.1-0.11-0.070.010.710.230.29-0.96
0.990.720.770.98-0.56-0.910.91-0.090.990.69-0.60.780.350.020.08-0.090.990.320.850.920.960.590.960.29-0.11
0.04-0.09-0.090.070.88-0.240.090.99-0.12-0.190.17-0.06-0.550.98-0.64-0.14-0.10.130.240.190.14-0.47-0.12-0.96-0.11
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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 Liab980.7K108.1K3.4K3.8M661.2K893.0K
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 Payable218.3K366.7K464.9K871.9K1.5M1.5M
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 Assets21.5K40.8K18.1K42.1K427.6K449.0K
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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Additional Tools for Quantum Stock Analysis

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