IONQ Historical Balance Sheet
IONQ Stock | USD 24.79 2.68 12.12% |
Trend analysis of IONQ Inc balance sheet accounts such as Other Current Liabilities of 19.7 M or Total Current Liabilities of 39 M provides information on IONQ's total assets, liabilities, and equity, which is the actual value of IONQ Inc to its prevalent stockholders. By breaking down trends over time using IONQ balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining IONQ Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether IONQ Inc is a good buy for the upcoming year.
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About IONQ Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of IONQ Inc at a specified time, usually calculated after every quarter, six months, or one year. IONQ Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IONQ and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which IONQ currently owns. An asset can also be divided into two categories, current and non-current.
IONQ Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of IONQ 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 IONQ Inc 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.Total Current Liabilities
Total Current Liabilities is an item on IONQ balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of IONQ Inc 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.Most accounts from IONQ's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into IONQ Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IONQ Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, IONQ's Total Liabilities is relatively stable compared to the past year. As of 11/09/2024, Intangible Assets is likely to grow to about 15.8 M, while Total Stockholder Equity is likely to drop slightly above 387.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 4.2M | 4.1M | 8.1M | 4.7M | Total Assets | 642.0M | 598.0M | 555.4M | 422.7M |
IONQ balance sheet Correlations
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IONQ Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with IONQ
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IONQ position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IONQ will appreciate offsetting losses from the drop in the long position's value.Moving together with IONQ Stock
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0.61 | RDCM | Radcom | PairCorr |
Moving against IONQ Stock
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0.38 | OKTA | Okta Inc | PairCorr |
0.35 | NXPL | Nextplat Corp | PairCorr |
The ability to find closely correlated positions to IONQ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IONQ when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IONQ - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IONQ Inc to buy it.
The correlation of IONQ is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IONQ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IONQ Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IONQ can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for IONQ Stock Analysis
When running IONQ's price analysis, check to measure IONQ'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 IONQ is operating at the current time. Most of IONQ's value examination focuses on studying past and present price action to predict the probability of IONQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IONQ's price. Additionally, you may evaluate how the addition of IONQ to your portfolios can decrease your overall portfolio volatility.