Quantum Current Deferred Revenue vs Cash And Short Term Investments Analysis

QBT Stock   0.75  0.05  6.25%   
Quantum Blockchain financial indicator trend analysis is much more than just breaking down Quantum Blockchain prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quantum Blockchain is a good investment. Please check the relationship between Quantum Blockchain Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum Blockchain Technologies. 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 economic analysis.

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantum Blockchain Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Quantum Blockchain's Current Deferred Revenue and Cash And Short Term Investments is 0.06. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Quantum Blockchain Technologies, assuming nothing else is changed. The correlation between historical values of Quantum Blockchain's Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Quantum Blockchain Technologies are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., Quantum Blockchain's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Quantum Blockchain balance sheet. This account contains Quantum Blockchain investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Quantum Blockchain Technologies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Quantum Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quantum Blockchain 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 Blockchain Technologies. 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 economic analysis.
At present, Quantum Blockchain's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.

Quantum Blockchain fundamental ratios Correlations

0.90.860.890.90.620.530.80.110.980.240.13-0.630.36-0.260.90.46-0.01-0.120.68-0.830.540.07-0.21-0.720.47
0.90.810.80.870.560.420.760.040.830.470.37-0.510.6-0.130.840.680.05-0.050.62-0.770.450.34-0.32-0.670.56
0.860.810.590.740.80.230.70.050.85-0.02-0.11-0.440.27-0.030.970.380.3-0.360.87-0.660.83-0.14-0.24-0.670.17
0.890.80.590.870.270.780.680.280.860.460.45-0.730.37-0.530.610.49-0.29-0.060.34-0.720.170.31-0.15-0.690.73
0.90.870.740.870.640.50.52-0.010.890.560.42-0.650.35-0.290.780.39-0.060.010.68-0.590.470.4-0.27-0.780.44
0.620.560.80.270.64-0.130.32-0.430.640.03-0.22-0.30.180.260.850.110.31-0.080.97-0.320.86-0.06-0.13-0.52-0.27
0.530.420.230.780.5-0.130.350.60.50.320.51-0.830.14-0.880.20.34-0.61-0.15-0.03-0.38-0.110.23-0.1-0.680.83
0.80.760.70.680.520.320.350.10.73-0.03-0.06-0.330.55-0.010.730.650.04-0.110.36-0.920.31-0.11-0.09-0.320.5
0.110.040.050.28-0.01-0.430.60.10.15-0.20.13-0.2-0.4-0.69-0.07-0.12-0.14-0.43-0.22-0.15-0.07-0.25-0.34-0.350.48
0.980.830.850.860.890.640.50.730.150.160.05-0.580.19-0.280.890.290.04-0.120.72-0.790.6-0.02-0.25-0.720.36
0.240.47-0.020.460.560.030.32-0.03-0.20.160.9-0.360.54-0.180.030.46-0.290.37-0.02-0.06-0.280.96-0.11-0.30.51
0.130.37-0.110.450.42-0.220.51-0.060.130.050.9-0.410.46-0.42-0.130.47-0.440.13-0.210.06-0.390.92-0.19-0.350.71
-0.63-0.51-0.44-0.73-0.65-0.3-0.83-0.33-0.2-0.58-0.36-0.41-0.330.65-0.43-0.440.590.14-0.330.34-0.16-0.28-0.120.79-0.58
0.360.60.270.370.350.180.140.55-0.40.190.540.46-0.330.20.310.95-0.210.180.08-0.41-0.120.580.17-0.10.51
-0.26-0.13-0.03-0.53-0.290.26-0.88-0.01-0.69-0.28-0.18-0.420.650.20.03-0.010.490.290.110.080.11-0.110.140.59-0.61
0.90.840.970.610.780.850.20.73-0.070.890.03-0.13-0.430.310.030.370.25-0.190.89-0.730.8-0.11-0.25-0.650.14
0.460.680.380.490.390.110.340.65-0.120.290.460.47-0.440.95-0.010.37-0.22-0.030.09-0.51-0.070.480.12-0.250.67
-0.010.050.3-0.29-0.060.31-0.610.04-0.140.04-0.29-0.440.59-0.210.490.25-0.22-0.230.35-0.050.5-0.34-0.120.21-0.49
-0.12-0.05-0.36-0.060.01-0.08-0.15-0.11-0.43-0.120.370.130.140.180.29-0.19-0.03-0.23-0.22-0.01-0.370.34-0.040.22-0.03
0.680.620.870.340.680.97-0.030.36-0.220.72-0.02-0.21-0.330.080.110.890.090.35-0.22-0.380.93-0.13-0.24-0.62-0.2
-0.83-0.77-0.66-0.72-0.59-0.32-0.38-0.92-0.15-0.79-0.060.060.34-0.410.08-0.73-0.51-0.05-0.01-0.38-0.270.120.120.35-0.45
0.540.450.830.170.470.86-0.110.31-0.070.6-0.28-0.39-0.16-0.120.110.8-0.070.5-0.370.93-0.27-0.36-0.31-0.54-0.29
0.070.34-0.140.310.4-0.060.23-0.11-0.25-0.020.960.92-0.280.58-0.11-0.110.48-0.340.34-0.130.12-0.36-0.09-0.20.49
-0.21-0.32-0.24-0.15-0.27-0.13-0.1-0.09-0.34-0.25-0.11-0.19-0.120.170.14-0.250.12-0.12-0.04-0.240.12-0.31-0.090.4-0.21
-0.72-0.67-0.67-0.69-0.78-0.52-0.68-0.32-0.35-0.72-0.3-0.350.79-0.10.59-0.65-0.250.210.22-0.620.35-0.54-0.20.4-0.48
0.470.560.170.730.44-0.270.830.50.480.360.510.71-0.580.51-0.610.140.67-0.49-0.03-0.2-0.45-0.290.49-0.21-0.48
Click cells to compare fundamentals

Quantum Blockchain Account Relationship Matchups

Quantum Blockchain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7M6.2M7.0M6.1M5.9M5.6M
Other Current Liab191K210K1.3M528K885K1.8M
Total Current Liabilities4.1M334K9.8M675K8.4M8.0M
Total Stockholder Equity(1.1M)(2.4M)(2.8M)(3.2M)(2.5M)(2.4M)
Net Debt8.4M8.2M7.3M7.7M5.4M5.6M
Retained Earnings(64M)(65.7M)(71.9M)(76.0M)(80.2M)(76.2M)
Accounts Payable205K124K128K147K85K80.8K
Non Current Assets Total1.1M980K1.0M963K574K545.3K
Non Currrent Assets Other(1.1K)(980.0)874.1K736.3K403K382.9K
Cash And Short Term Investments1.1M979.0K1.0M463K2.1M2.2M
Common Stock Shares Outstanding618.9M662.4M948.2M989.5M1.1B1.2B
Liabilities And Stockholders Equity7.7M6.2M7.0M6.1M5.9M5.6M
Other Current Assets6.6M5.2M4.8M4.6M3.2M3.8M
Other Stockholder Equity61.0M55.9M66.3M64.4M68.4M51.6M
Total Liab8.8M8.5M9.8M9.3M8.4M10.5M
Total Current Assets6.6M5.2M5.9M5.1M5.3M6.6M
Non Current Liabilities Total6.0M4.7M8.2M8.5M8.6M0.0
Short Long Term Debt Total8.4M8.2M8.4M8.1M7.5M10.0M
Short Term Debt343K3.8M8.4M7.5M8.6M9.3M
Short Term Investments1.1M979.0K874.1K736.3K662.6K629.5K
Net Receivables5K9.058K14K12.6K12.0K
Accumulated Other Comprehensive Income8.4K8.8K11.4K13.8K14.2M14.9M
Net Tangible Assets225K(1.6M)(2.4M)(2.8M)(2.5M)(2.4M)
Net Invested Capital7.3M5.8M5.5M4.9M4.9M5.3M
Short Long Term Debt343K3.8M0.08.4M7.5M4.2M
Net Working Capital2.5M4.9M(3.9M)4.4M(3.1M)(3.0M)

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Other Information on Investing in Quantum Stock

Balance Sheet is a snapshot of the financial position of Quantum Blockchain at a specified time, usually calculated after every quarter, six months, or one year. Quantum Blockchain Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Quantum Blockchain and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Quantum currently owns. An asset can also be divided into two categories, current and non-current.