Quantum Non Operating Income Net Other vs Income Before Tax Analysis

QUBT Stock  USD 0.70  0.02  2.78%   
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 Non Operating Income Net Other and its Income Before Tax 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.

Non Operating Income Net Other vs Income Before Tax

Non Operating Income Net Other vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantum Computing Non Operating Income Net Other account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Quantum Computing's Non Operating Income Net Other and Income Before Tax is -0.87. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Income Before Tax 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 Non Operating Income Net Other and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Quantum Computing are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Non Operating Income Net Other i.e., Quantum Computing's Non Operating Income Net Other and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Operating Income Net Other

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Quantum Computing income statement and is an important metric when analyzing Quantum Computing profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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.