Quantumscape Common Stock Shares Outstanding vs Total Current Liabilities Analysis

QS Stock  USD 5.83  0.10  1.69%   
Quantumscape Corp financial indicator trend analysis is much more than just breaking down Quantumscape Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quantumscape Corp is a good investment. Please check the relationship between Quantumscape Corp Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantumscape Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Quantumscape Stock please use our How to Invest in Quantumscape Corp guide.

Common Stock Shares Outstanding vs Total Current Liabilities

Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantumscape Corp Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Quantumscape Corp's Common Stock Shares Outstanding and Total Current Liabilities is 0.97. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Quantumscape Corp, assuming nothing else is changed. The correlation between historical values of Quantumscape Corp's Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Quantumscape Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Quantumscape Corp's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Quantumscape Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Quantumscape Corp 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 indicators from Quantumscape Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quantumscape Corp 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 Quantumscape Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Quantumscape Stock please use our How to Invest in Quantumscape Corp guide.Selling General Administrative is likely to drop to about 75.6 M in 2024. Issuance Of Capital Stock is likely to drop to about 248.1 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization14.7M36.1M42.0M24.5M
Interest Income169.1M10.9M29.2M47.1M

Quantumscape Corp fundamental ratios Correlations

0.84-0.060.72-0.910.690.910.780.670.750.950.760.810.750.83-0.280.620.840.70.710.760.860.730.810.810.73
0.84-0.030.89-0.940.920.920.940.830.880.930.890.980.870.99-0.560.780.990.280.830.910.970.830.980.980.82
-0.06-0.030.29-0.140.03-0.160.230.320.29-0.10.23-0.150.26-0.1-0.240.1-0.11-0.120.310.36-0.110.36-0.16-0.150.34
0.720.890.29-0.930.910.840.990.980.980.810.980.870.980.86-0.810.920.860.080.980.970.890.980.850.870.98
-0.91-0.94-0.14-0.93-0.91-0.95-0.96-0.91-0.93-0.96-0.96-0.92-0.95-0.930.62-0.85-0.93-0.36-0.93-0.94-0.95-0.93-0.92-0.92-0.93
0.690.920.030.91-0.910.890.940.880.90.870.920.950.910.94-0.750.910.94-0.020.880.860.940.860.950.950.86
0.910.92-0.160.84-0.950.890.890.830.840.980.90.960.880.94-0.590.860.940.360.850.820.980.840.950.960.84
0.780.940.230.99-0.960.940.890.960.970.870.990.920.980.92-0.750.90.920.150.960.980.940.970.910.920.96
0.670.830.320.98-0.910.880.830.960.920.780.990.830.990.81-0.870.950.810.021.00.950.860.990.810.830.99
0.750.880.290.98-0.930.90.840.970.920.830.940.850.940.85-0.720.860.850.160.930.940.870.940.830.850.93
0.950.93-0.10.81-0.960.870.980.870.780.830.860.940.850.95-0.460.770.950.460.80.820.960.80.940.940.8
0.760.890.230.98-0.960.920.90.990.990.940.860.91.00.88-0.810.950.890.120.990.960.930.990.880.90.99
0.810.98-0.150.87-0.920.950.960.920.830.850.940.90.880.99-0.630.850.990.190.830.850.990.821.01.00.81
0.750.870.260.98-0.950.910.880.980.990.940.851.00.880.86-0.830.950.870.11.00.960.910.990.860.880.99
0.830.99-0.10.86-0.930.940.940.920.810.850.950.880.990.86-0.560.81.00.250.820.870.980.810.990.990.8
-0.28-0.56-0.24-0.810.62-0.75-0.59-0.75-0.87-0.72-0.46-0.81-0.63-0.83-0.56-0.92-0.570.42-0.85-0.7-0.64-0.82-0.6-0.63-0.83
0.620.780.10.92-0.850.910.860.90.950.860.770.950.850.950.8-0.920.81-0.10.950.830.870.930.830.850.93
0.840.99-0.110.86-0.930.940.940.920.810.850.950.890.990.871.0-0.570.810.250.820.870.990.811.00.990.81
0.70.28-0.120.08-0.36-0.020.360.150.020.160.460.120.190.10.250.42-0.10.250.070.210.260.110.20.190.12
0.710.830.310.98-0.930.880.850.961.00.930.80.990.831.00.82-0.850.950.820.070.950.871.00.820.831.0
0.760.910.360.97-0.940.860.820.980.950.940.820.960.850.960.87-0.70.830.870.210.950.880.960.840.850.96
0.860.97-0.110.89-0.950.940.980.940.860.870.960.930.990.910.98-0.640.870.990.260.870.880.860.990.990.86
0.730.830.360.98-0.930.860.840.970.990.940.80.990.820.990.81-0.820.930.810.111.00.960.860.80.821.0
0.810.98-0.160.85-0.920.950.950.910.810.830.940.881.00.860.99-0.60.831.00.20.820.840.990.81.00.8
0.810.98-0.150.87-0.920.950.960.920.830.850.940.91.00.880.99-0.630.850.990.190.830.850.990.821.00.81
0.730.820.340.98-0.930.860.840.960.990.930.80.990.810.990.8-0.830.930.810.121.00.960.861.00.80.81
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Quantumscape Corp Account Relationship Matchups

Quantumscape Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab3.3M5.7M15.2M20.5M49.2M51.6M
Total Current Liabilities7.2M12.4M30.6M46.8M57.1M29.2M
Other Liab436K689.7M315K8.5M9.8M9.3M
Net Tangible Assets148.7M1.0B1.6B1.3B1.5B858.1M
Retained Earnings(295.9M)(1.4B)(2.0B)(2.4B)(2.9B)(2.7B)
Accounts Payable2.9M5.4M14.2M21.4M13.0M10.6M
Other Assets2.8M2.2M18.2M18.4M21.1M22.2M
Other Stockholder Equity444.4M2.4B3.6B3.8B4.2B2.7B
Total Current Assets131.2M1.0B1.5B1.1B1.1B905.6M
Common Stock24K36K43K44K49K36.1K
Property Plant Equipment38.4M55.4M234.0M384.7M442.4M464.6M

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Additional Tools for Quantumscape Stock Analysis

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