QBTS Net Debt vs Non Currrent Assets Other Analysis

QBTS Stock  USD 2.74  0.04  1.48%   
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 Debt and its Non Currrent Assets Other 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 Debt vs Non Currrent Assets Other

Net Debt vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of D Wave Quantum Net Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between D Wave's Net Debt and Non Currrent Assets Other is 0.8. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Currrent Assets Other 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 Debt and Non Currrent Assets Other 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 Debt of D Wave Quantum are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Debt i.e., D Wave's Net Debt and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Expense1.7M4.6M37K35.2K
Depreciation And Amortization2.6M228.5K1.8M1.5M

D Wave fundamental ratios Correlations

0.17-0.07-0.490.16-0.06-0.460.49-0.14-0.08-0.810.94-0.460.09-0.060.250.940.42-0.330.18-0.440.23-0.72-0.010.2-0.01
0.17-0.960.14-0.930.820.75-0.750.94-0.99-0.330.430.750.890.891.00.43-0.780.811.00.76-0.910.310.820.90.88
-0.07-0.96-0.080.97-0.8-0.850.83-0.970.950.26-0.37-0.85-0.76-0.87-0.95-0.370.87-0.91-0.96-0.860.91-0.47-0.86-0.96-0.86
-0.490.14-0.08-0.310.630.28-0.450.25-0.310.79-0.390.280.240.540.1-0.39-0.290.230.140.3-0.270.010.450.050.55
0.16-0.930.97-0.31-0.87-0.930.94-1.00.950.02-0.15-0.93-0.77-0.93-0.9-0.150.95-0.96-0.93-0.940.96-0.56-0.89-0.9-0.91
-0.060.82-0.80.63-0.870.71-0.80.83-0.90.190.220.710.690.990.80.22-0.730.750.820.74-0.770.180.950.790.99
-0.460.75-0.850.28-0.930.71-0.980.93-0.780.17-0.161.00.60.780.69-0.16-1.00.990.751.0-0.920.810.760.750.74
0.49-0.750.83-0.450.94-0.8-0.98-0.920.8-0.290.18-0.98-0.61-0.85-0.690.180.98-0.97-0.74-0.990.9-0.73-0.82-0.73-0.81
-0.140.94-0.970.25-1.00.830.93-0.92-0.95-0.080.160.930.80.910.910.16-0.940.960.940.93-0.970.580.860.890.88
-0.08-0.990.95-0.310.95-0.9-0.780.8-0.950.18-0.34-0.78-0.88-0.96-0.97-0.340.81-0.83-0.99-0.790.92-0.31-0.88-0.89-0.95
-0.81-0.330.260.790.020.190.17-0.29-0.080.18-0.750.17-0.290.09-0.39-0.75-0.150.07-0.330.170.060.240.1-0.270.08
0.940.43-0.37-0.39-0.150.22-0.160.180.16-0.34-0.75-0.160.220.230.491.00.12-0.010.43-0.13-0.02-0.540.320.520.27
-0.460.75-0.850.28-0.930.711.0-0.980.93-0.780.17-0.160.590.780.69-0.16-1.00.990.751.0-0.910.810.760.750.74
0.090.89-0.760.24-0.770.690.6-0.610.8-0.88-0.290.220.590.770.890.22-0.620.60.890.58-0.870.240.560.60.75
-0.060.89-0.870.54-0.930.990.78-0.850.91-0.960.090.230.780.770.870.23-0.80.820.890.8-0.850.280.950.841.0
0.251.0-0.950.1-0.90.80.69-0.690.91-0.97-0.390.490.690.890.870.49-0.720.761.00.7-0.880.250.790.890.86
0.940.43-0.37-0.39-0.150.22-0.160.180.16-0.34-0.751.0-0.160.220.230.490.12-0.010.43-0.13-0.02-0.540.320.520.27
0.42-0.780.87-0.290.95-0.73-1.00.98-0.940.81-0.150.12-1.0-0.62-0.8-0.720.12-0.99-0.78-1.00.93-0.79-0.78-0.78-0.76
-0.330.81-0.910.23-0.960.750.99-0.970.96-0.830.07-0.010.990.60.820.76-0.01-0.990.810.99-0.910.740.820.840.78
0.181.0-0.960.14-0.930.820.75-0.740.94-0.99-0.330.430.750.890.891.00.43-0.780.810.76-0.910.310.820.90.88
-0.440.76-0.860.3-0.940.741.0-0.990.93-0.790.17-0.131.00.580.80.7-0.13-1.00.990.76-0.910.780.790.780.76
0.23-0.910.91-0.270.96-0.77-0.920.9-0.970.920.06-0.02-0.91-0.87-0.85-0.88-0.020.93-0.91-0.91-0.91-0.63-0.74-0.76-0.82
-0.720.31-0.470.01-0.560.180.81-0.730.58-0.310.24-0.540.810.240.280.25-0.54-0.790.740.310.78-0.630.260.310.21
-0.010.82-0.860.45-0.890.950.76-0.820.86-0.880.10.320.760.560.950.790.32-0.780.820.820.79-0.740.260.910.95
0.20.9-0.960.05-0.90.790.75-0.730.89-0.89-0.270.520.750.60.840.890.52-0.780.840.90.78-0.760.310.910.84
-0.010.88-0.860.55-0.910.990.74-0.810.88-0.950.080.270.740.751.00.860.27-0.760.780.880.76-0.820.210.950.84
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D Wave Account Relationship Matchups

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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.