QBTS Net Borrowings vs Change In Cash Analysis
QBTS Stock | USD 9.75 0.15 1.52% |
D Wave financial indicator trend analysis is much more than just examining D Wave Quantum latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether D Wave Quantum is a good investment. Please check the relationship between D Wave Net Borrowings and its Change In Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in D Wave Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Net Borrowings vs Change In Cash
Net Borrowings vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of D Wave Quantum Net Borrowings account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between D Wave's Net Borrowings and Change In Cash is -0.41. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change In Cash in the same time period over historical financial statements of D Wave Quantum, assuming nothing else is changed. The correlation between historical values of D Wave's Net Borrowings and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of D Wave Quantum are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Borrowings i.e., D Wave's Net Borrowings and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Change In Cash
Most indicators from D Wave's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into D Wave Quantum 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 D Wave Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Selling General Administrative is likely to drop to about 22.6 M in 2024. Issuance Of Capital Stock is likely to drop to about 259.4 K in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.7M | 4.6M | 37K | 35.2K | Depreciation And Amortization | 2.6M | 228.5K | 1.8M | 1.5M |
D Wave fundamental ratios Correlations
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D Wave Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for QBTS Stock Analysis
When running D Wave's price analysis, check to measure D Wave'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 D Wave is operating at the current time. Most of D Wave's value examination focuses on studying past and present price action to predict the probability of D Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move D Wave's price. Additionally, you may evaluate how the addition of D Wave to your portfolios can decrease your overall portfolio volatility.