IONQ Other Operating Expenses vs Ebitda Analysis

IONQ Stock  USD 7.71  0.07  0.90%   
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 Other Operating Expenses and its Ebitda 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Other Operating Expenses vs Ebitda

Other Operating Expenses vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IONQ Inc Other Operating Expenses account and Ebitda. At this time, the significance of the direction appears to have pay attention.
The correlation between IONQ's Other Operating Expenses and Ebitda is -0.91. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebitda 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 Other Operating Expenses and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of IONQ Inc are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Other Operating Expenses i.e., IONQ's Other Operating Expenses and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of IONQ Inc. It is also known as IONQ overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Ebitda

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 tightly coupled 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 06/05/2024, 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

0.810.730.781.00.960.9-0.45-0.830.790.470.940.820.890.980.640.90.880.520.780.770.870.990.810.980.92
0.810.830.850.790.850.98-0.12-0.890.850.150.820.980.960.760.80.950.820.730.860.820.880.780.880.890.96
0.730.831.00.710.870.850.11-0.981.0-0.080.760.820.770.660.990.780.680.951.00.940.940.690.990.790.78
0.780.851.00.760.910.880.08-0.991.0-0.050.810.850.810.710.980.830.70.921.00.960.940.731.00.840.83
1.00.790.710.760.960.88-0.45-0.820.770.470.940.810.890.980.620.890.870.490.770.770.860.990.790.980.91
0.960.850.870.910.960.91-0.31-0.940.910.330.920.840.880.940.80.90.870.710.910.880.960.950.920.960.9
0.90.980.850.880.880.91-0.13-0.920.880.150.920.980.980.830.80.980.820.710.890.890.90.850.910.960.99
-0.45-0.120.110.08-0.45-0.31-0.130.020.05-1.0-0.15-0.03-0.17-0.590.2-0.16-0.610.210.070.19-0.24-0.560.02-0.33-0.19
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0.790.851.01.00.770.910.880.05-1.0-0.030.810.840.810.720.980.830.720.921.00.960.950.741.00.840.83
0.470.15-0.08-0.050.470.330.15-1.0-0.05-0.030.170.050.20.61-0.170.180.63-0.19-0.05-0.160.270.580.00.350.21
0.940.820.760.810.940.920.92-0.15-0.840.810.170.880.930.860.680.930.710.530.810.880.80.880.830.960.94
0.820.980.820.850.810.840.98-0.03-0.880.840.050.880.980.740.780.980.740.680.850.870.840.760.870.890.98
0.890.960.770.810.890.880.98-0.17-0.850.810.20.930.980.830.711.00.80.590.820.840.840.850.840.951.0
0.980.760.660.710.980.940.83-0.59-0.780.720.610.860.740.830.570.830.930.470.710.670.851.00.740.950.85
0.640.80.990.980.620.80.80.2-0.960.98-0.170.680.780.710.570.720.610.980.980.910.90.60.970.720.72
0.90.950.780.830.890.90.98-0.16-0.860.830.180.930.981.00.830.720.780.60.830.860.850.840.860.940.99
0.880.820.680.70.870.870.82-0.61-0.770.720.630.710.740.80.930.610.780.580.70.580.880.930.740.880.81
0.520.730.950.920.490.710.710.21-0.90.92-0.190.530.680.590.470.980.60.580.920.820.850.490.90.60.6
0.780.861.01.00.770.910.890.07-0.991.0-0.050.810.850.820.710.980.830.70.920.960.950.731.00.840.83
0.770.820.940.960.770.880.890.19-0.950.96-0.160.880.870.840.670.910.860.580.820.960.860.70.960.830.85
0.870.880.940.940.860.960.9-0.24-0.970.950.270.80.840.840.850.90.850.880.850.950.860.870.960.890.85
0.990.780.690.730.990.950.85-0.56-0.80.740.580.880.760.851.00.60.840.930.490.730.70.870.770.960.87
0.810.880.991.00.790.920.910.02-1.01.00.00.830.870.840.740.970.860.740.91.00.960.960.770.860.86
0.980.890.790.840.980.960.96-0.33-0.890.840.350.960.890.950.950.720.940.880.60.840.830.890.960.860.96
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

When running IONQ's price analysis, check to measure IONQ'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 IONQ is operating at the current time. Most of IONQ's value examination focuses on studying past and present price action to predict the probability of IONQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IONQ's price. Additionally, you may evaluate how the addition of IONQ to your portfolios can decrease your overall portfolio volatility.