Quantumscape Short Term Investments 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 Short Term Investments 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.

Short Term Investments vs Total Current Liabilities

Short Term Investments 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 Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Quantumscape Corp's Short Term Investments and Total Current Liabilities is 0.83. Overlapping area represents the amount of variation of Short Term Investments 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 Short Term Investments 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 Short Term Investments 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 Short Term Investments i.e., Quantumscape Corp's Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Investments

Short Term Investments is an item under the current assets section of Quantumscape Corp balance sheet. It contains any investments Quantumscape Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Quantumscape Corp can easily liquidate in the marketplace.

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

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