IONQ Net Income vs Selling General Administrative Analysis

IONQ Stock  USD 8.22  0.36  4.58%   
IONQ financial indicator trend analysis is infinitely more than just investigating IONQ Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IONQ Inc is a good investment. Please check the relationship between IONQ Net Income and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IONQ Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Selling General Administrative

Net Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IONQ Inc Net Income account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between IONQ's Net Income and Selling General Administrative is -0.91. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of IONQ Inc, assuming nothing else is changed. The correlation between historical values of IONQ's Net Income and Selling General Administrative 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 Income of IONQ Inc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income i.e., IONQ's Net Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in IONQ Inc financial statement analysis. It represents the amount of money remaining after all of IONQ Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Selling General Administrative

Most indicators from IONQ's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IONQ Inc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IONQ Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, IONQ's Selling General Administrative is relatively stable compared to the past year. As of 06/11/2024, Tax Provision is likely to grow to about 41 K, though Enterprise Value Multiple is likely to grow to (18.40).
 2021 2022 2023 2024 (projected)
Total Operating Expenses39.7M93.9M171.7M180.3M
Cost Of Revenue1.0M2.9M8.1M8.5M

IONQ fundamental ratios Correlations

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0.920.960.780.830.910.90.99-0.19-0.870.830.210.940.981.00.850.720.990.810.60.830.850.850.870.860.96
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IONQ Account Relationship Matchups

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Additional Tools for IONQ Stock Analysis

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