QBTS Total Liab vs Common Stock Shares Outstanding 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 Total Liab and its Common Stock Shares Outstanding 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.

Total Liab vs Common Stock Shares Outstanding

Total Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of D Wave Quantum Total Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between D Wave's Total Liab and Common Stock Shares Outstanding is 0.84. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock Shares Outstanding 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 Total Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of D Wave Quantum are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Liab i.e., D Wave's Total Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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

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