Quantum Historical Income Statement
| QUBT Stock | USD 0.74 0 0.41% |
Historical analysis of Quantum ComputingInc income statement accounts such as Total Operating Expenses of 11.5 M, Income Tax Expense of 1.9, Research Development of 6.8 M or Other Operating Expenses of 16.9 M can show how well Quantum ComputingInc performed in making a profits. Evaluating Quantum ComputingInc income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Quantum ComputingInc's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Quantum ComputingInc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Quantum ComputingInc is a good buy for the upcoming year.
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About Quantum Income Statement Analysis
Quantum ComputingInc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Quantum ComputingInc shareholders. The income statement also shows Quantum investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Quantum ComputingInc Income Statement Chart
Quantum ComputingInc Income Statement is one of the three primary financial statements used for reporting Quantum's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Quantum ComputingInc revenue and expense. Quantum ComputingInc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Quantum ComputingInc's Interest Expense is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 15.7 M in 2024, despite the fact that Gross Profit is likely to grow to (13.8 M). Add Fundamental
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Quantum ComputingInc. It is also known as Quantum ComputingInc 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.Most accounts from Quantum ComputingInc's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Quantum ComputingInc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Quantum ComputingInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Quantum Stock please use our How to Invest in Quantum ComputingInc guide.At this time, Quantum ComputingInc's Interest Expense is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 15.7 M in 2024, despite the fact that Gross Profit is likely to grow to (13.8 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 16.9M | 36.7M | 27.6M | 16.9M | Research Development | 2.6M | 4.6M | 6.4M | 6.8M |
Quantum ComputingInc income statement Correlations
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Quantum ComputingInc Account Relationship Matchups
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Quantum ComputingInc income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 5.8M | 8.8M | 11.0M | 2.1M | 2.8M | 3.1M | |
| Selling General Administrative | 1.7M | 15.7M | 14.5M | 32.1M | 13.6M | 9.6M | |
| Gross Profit | (2.6K) | (6.6K) | (9.0K) | 74.7K | (14.6M) | (13.8M) | |
| Operating Income | (2.5M) | (17.3M) | (17.1M) | (36.6M) | (27.2M) | (25.9M) | |
| Net Income From Continuing Ops | (8.4M) | (24.7M) | (27.9M) | (38.6M) | (40.2M) | (38.2M) | |
| Ebit | (2.5M) | (17.3M) | (17.1M) | (36.6M) | (27.2M) | (25.9M) | |
| Cost Of Revenue | 2.6K | 6.6K | 9.0K | 60.9K | 14.9M | 15.7M | |
| Total Operating Expenses | 2.5M | 17.3M | 16.9M | 36.7M | 12.7M | 11.5M | |
| Income Before Tax | (8.4M) | (24.7M) | (27.9M) | (38.6M) | (29.7M) | (28.2M) | |
| Total Other Income Expense Net | (5.8M) | (7.4M) | (10.8M) | (2.0M) | (2.5M) | (2.6M) | |
| Net Income Applicable To Common Shares | (8.4M) | (24.7M) | (27.9M) | (38.6M) | (34.7M) | (33.0M) | |
| Net Income | (14.2M) | (33.5M) | (38.9M) | (2.1B) | (29.7M) | (31.2M) | |
| Income Tax Expense | 5.8M | 8.8M | 11.0M | 2.0B | 2.0 | 1.9 | |
| Research Development | 891.1K | 1.5M | 2.6M | 4.6M | 6.4M | 6.8M | |
| Other Operating Expenses | 2.5M | 17.3M | 16.9M | 36.7M | 27.6M | 16.9M | |
| Ebitda | (2.5M) | (16.3M) | (16.9M) | (36.5M) | (25.3M) | (24.0M) | |
| Depreciation And Amortization | 11.5K | 1.0M | 234.7K | 46.9K | 2.0M | 2.1M |
Pair Trading with Quantum ComputingInc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Quantum ComputingInc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Quantum ComputingInc will appreciate offsetting losses from the drop in the long position's value.Moving together with Quantum Stock
| 0.61 | CDW | CDW Corp | PairCorr |
The ability to find closely correlated positions to Quantum ComputingInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quantum ComputingInc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Quantum ComputingInc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Quantum ComputingInc to buy it.
The correlation of Quantum ComputingInc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quantum ComputingInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quantum ComputingInc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Quantum ComputingInc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum ComputingInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Quantum Stock please use our How to Invest in Quantum ComputingInc guide.Note that the Quantum ComputingInc information on this page should be used as a complementary analysis to other Quantum ComputingInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Quantum Stock analysis
When running Quantum ComputingInc's price analysis, check to measure Quantum ComputingInc'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 Quantum ComputingInc is operating at the current time. Most of Quantum ComputingInc's value examination focuses on studying past and present price action to predict the probability of Quantum ComputingInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantum ComputingInc's price. Additionally, you may evaluate how the addition of Quantum ComputingInc to your portfolios can decrease your overall portfolio volatility.
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Is Quantum ComputingInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quantum ComputingInc. If investors know Quantum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quantum ComputingInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 0.005 | Quarterly Revenue Growth 57.602 | Return On Assets (0.20) | Return On Equity (0.40) |
The market value of Quantum ComputingInc is measured differently than its book value, which is the value of Quantum that is recorded on the company's balance sheet. Investors also form their own opinion of Quantum ComputingInc's value that differs from its market value or its book value, called intrinsic value, which is Quantum ComputingInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quantum ComputingInc's market value can be influenced by many factors that don't directly affect Quantum ComputingInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quantum ComputingInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantum ComputingInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantum ComputingInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.