Quantum Computinginc Stock Piotroski F Score

QUBT Stock  USD 0.70  0.02  2.78%   
This module uses fundamental data of Quantum ComputingInc to approximate its Piotroski F score. Quantum ComputingInc F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Quantum ComputingInc. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Quantum ComputingInc financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Quantum ComputingInc Altman Z Score, Quantum ComputingInc Correlation, Quantum ComputingInc Valuation, as well as analyze Quantum ComputingInc Alpha and Beta and Quantum ComputingInc Hype Analysis.
For more information on how to buy Quantum Stock please use our How to Invest in Quantum ComputingInc guide.
  
At this time, Quantum ComputingInc's Short and Long Term Debt is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 2.6 M in 2024, whereas Long Term Debt Total is likely to drop slightly above 6.1 M in 2024. At this time, Quantum ComputingInc's Tangible Book Value Per Share is comparatively stable compared to the past year. Shareholders Equity Per Share is likely to gain to 0.99 in 2024, whereas Capex To Depreciation is likely to drop (1.14) in 2024.
At this time, it appears that Quantum ComputingInc's Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
2.0
Piotroski F Score - Frail
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Quantum ComputingInc Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Quantum ComputingInc is to make sure Quantum is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Quantum ComputingInc's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Quantum ComputingInc's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00240.0045
Way Down
Slightly volatile
Total Current Liabilities2.5 M4.6 M
Way Down
Slightly volatile
Non Current Liabilities Total798.1 K840.1 K
Notably Down
Slightly volatile
Total Assets82.7 M78.7 M
Sufficiently Up
Slightly volatile
Total Current AssetsM3.2 M
Way Up
Slightly volatile

Quantum ComputingInc F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Quantum ComputingInc's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Quantum ComputingInc in a much-optimized way.

About Quantum ComputingInc Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

0.99

At this time, Quantum ComputingInc's Book Value Per Share is comparatively stable compared to the past year.

About Quantum ComputingInc Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Quantum ComputingInc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quantum ComputingInc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quantum ComputingInc 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.

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When determining whether Quantum ComputingInc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Quantum Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Quantum Computinginc Stock. Highlighted below are key reports to facilitate an investment decision about Quantum Computinginc Stock:
Check out Quantum ComputingInc Altman Z Score, Quantum ComputingInc Correlation, Quantum ComputingInc Valuation, as well as analyze Quantum ComputingInc Alpha and Beta and Quantum ComputingInc Hype Analysis.
For more information on how to buy Quantum Stock please use our How to Invest in Quantum ComputingInc guide.
Note that the Quantum ComputingInc information on this page should be used as a complementary analysis to other Quantum ComputingInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Quantum ComputingInc's price analysis, check to measure Quantum ComputingInc'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 ComputingInc is operating at the current time. Most of Quantum ComputingInc's value examination focuses on studying past and present price action to predict the probability of Quantum ComputingInc'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 ComputingInc's price. Additionally, you may evaluate how the addition of Quantum ComputingInc to your portfolios can decrease your overall portfolio volatility.
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Is Quantum ComputingInc'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 Quantum ComputingInc. If investors know Quantum 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 Quantum ComputingInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Revenue Per Share
0.005
Quarterly Revenue Growth
57.602
Return On Assets
(0.20)
Return On Equity
(0.40)
The market value of Quantum ComputingInc is measured differently than its book value, which is the value of Quantum that is recorded on the company's balance sheet. Investors also form their own opinion of Quantum ComputingInc's value that differs from its market value or its book value, called intrinsic value, which is Quantum ComputingInc'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 Quantum ComputingInc's market value can be influenced by many factors that don't directly affect Quantum ComputingInc'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 Quantum ComputingInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantum ComputingInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantum ComputingInc'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.