IONQ Reconciled Depreciation vs Operating Income 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 Reconciled Depreciation and its Operating Income 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.

Reconciled Depreciation vs Operating Income

Reconciled Depreciation vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IONQ Inc Reconciled Depreciation account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between IONQ's Reconciled Depreciation and Operating Income is -0.94. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Operating Income 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 Reconciled Depreciation and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of IONQ Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Reconciled Depreciation i.e., IONQ's Reconciled Depreciation and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Reconciled Depreciation

Operating Income

Operating Income is the amount of profit realized from IONQ Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of IONQ Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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

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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.