Quantumscape Common Stock vs Capital Lease Obligations Analysis

QS Stock  USD 5.23  0.05  0.97%   
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 and its Capital Lease Obligations 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 vs Capital Lease Obligations

Common Stock vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantumscape Corp Common Stock account and Capital Lease Obligations. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Quantumscape Corp's Common Stock and Capital Lease Obligations is 0.85. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Capital Lease Obligations 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 and Capital Lease Obligations 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 of Quantumscape Corp are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Common Stock i.e., Quantumscape Corp's Common Stock and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

Capital Lease Obligations

Quantumscape Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Quantumscape Corp asset purchases. For example, Quantumscape Corp can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Quantumscape Corp control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
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

0.89-0.060.79-0.950.780.960.850.760.820.980.840.870.830.89-0.410.720.890.840.790.820.920.80.870.870.6
0.89-0.030.89-0.940.920.920.940.830.880.930.890.980.870.99-0.560.780.990.590.830.910.970.830.980.980.59
-0.06-0.030.29-0.140.03-0.160.210.320.29-0.10.23-0.150.26-0.1-0.240.1-0.11-0.10.310.36-0.110.36-0.16-0.150.46
0.790.890.29-0.930.910.840.990.980.980.810.980.870.980.86-0.810.920.860.410.980.970.890.980.850.870.88
-0.95-0.94-0.14-0.93-0.91-0.95-0.96-0.91-0.93-0.96-0.96-0.92-0.95-0.930.62-0.85-0.93-0.67-0.93-0.94-0.95-0.93-0.92-0.92-0.76
0.780.920.030.91-0.910.890.940.880.90.870.920.950.910.94-0.750.910.940.340.880.860.940.860.950.950.69
0.960.92-0.160.84-0.950.890.90.830.840.980.90.960.880.94-0.590.860.940.670.850.820.980.840.950.960.66
0.850.940.210.99-0.960.940.90.960.970.880.990.920.980.92-0.750.90.920.490.960.980.940.960.910.920.82
0.760.830.320.98-0.910.880.830.960.920.780.990.830.990.81-0.870.950.810.361.00.950.860.990.810.830.94
0.820.880.290.98-0.930.90.840.970.920.830.940.850.940.85-0.720.860.850.470.930.940.870.940.830.850.81
0.980.93-0.10.81-0.960.870.980.880.780.830.860.940.850.95-0.460.770.950.750.80.820.960.80.940.940.58
0.840.890.230.98-0.960.920.90.990.990.940.860.91.00.88-0.810.950.890.460.990.960.930.990.880.90.88
0.870.98-0.150.87-0.920.950.960.920.830.850.940.90.880.99-0.630.850.990.520.830.850.990.821.01.00.6
0.830.870.260.98-0.950.910.880.980.990.940.851.00.880.86-0.830.950.870.451.00.960.910.990.860.880.9
0.890.99-0.10.86-0.930.940.940.920.810.850.950.880.990.86-0.560.81.00.560.820.870.980.810.990.990.57
-0.41-0.56-0.24-0.810.62-0.75-0.59-0.75-0.87-0.72-0.46-0.81-0.63-0.83-0.56-0.92-0.570.09-0.85-0.7-0.64-0.82-0.6-0.63-0.88
0.720.780.10.92-0.850.910.860.90.950.860.770.950.850.950.8-0.920.810.260.950.830.870.930.830.850.88
0.890.99-0.110.86-0.930.940.940.920.810.850.950.890.990.871.0-0.570.810.570.820.870.990.811.00.990.57
0.840.59-0.10.41-0.670.340.670.490.360.470.750.460.520.450.560.090.260.570.410.510.590.440.520.520.26
0.790.830.310.98-0.930.880.850.961.00.930.80.990.831.00.82-0.850.950.820.410.950.871.00.820.830.94
0.820.910.360.97-0.940.860.820.980.950.940.820.960.850.960.87-0.70.830.870.510.950.880.960.840.850.82
0.920.97-0.110.89-0.950.940.980.940.860.870.960.930.990.910.98-0.640.870.990.590.870.880.860.990.990.66
0.80.830.360.98-0.930.860.840.960.990.940.80.990.820.990.81-0.820.930.810.441.00.960.860.80.820.94
0.870.98-0.160.85-0.920.950.950.910.810.830.940.881.00.860.99-0.60.831.00.520.820.840.990.81.00.57
0.870.98-0.150.87-0.920.950.960.920.830.850.940.91.00.880.99-0.630.850.990.520.830.850.990.821.00.6
0.60.590.460.88-0.760.690.660.820.940.810.580.880.60.90.57-0.880.880.570.260.940.820.660.940.570.6
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Quantumscape Corp Account Relationship Matchups

Quantumscape Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab3.3M4.5M14.0M15.7M28.3M29.7M
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 Equity444.4M2.3B3.6B3.8B4.2B2.6B
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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