Quantum Historical Income Statement
| QUBT Stock | USD 0.69 0.01 1.43% |
Historical analysis of Quantum Computing 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 Computing performed in making a profits. Evaluating Quantum Computing income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Quantum Computing's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Quantum Computing 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 Computing is a good buy for the upcoming year.
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About Quantum Income Statement Analysis
Quantum Computing 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 Computing 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 Computing Income Statement Chart
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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 Computing. It is also known as Quantum Computing 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 Computing's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Quantum Computing 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 Computing. 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 Computing guide.At this time, Quantum Computing'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 Computing income statement Correlations
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Quantum Computing Account Relationship Matchups
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Quantum Computing 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 Computing
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 Computing 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 Computing will appreciate offsetting losses from the drop in the long position's value.Moving together with Quantum Stock
Moving against Quantum Stock
| 0.79 | RELL | Richardson Electronics Financial Report 17th of July 2024 | PairCorr |
| 0.72 | WDC | Western Digital Financial Report 29th of July 2024 | PairCorr |
| 0.66 | RCAT | Red Cat Holdings | PairCorr |
| 0.6 | DELL | Dell Technologies Financial Report 6th of June 2024 | PairCorr |
| 0.5 | CRCT | Cricut Inc Tech Boost | PairCorr |
The ability to find closely correlated positions to Quantum Computing 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 Computing 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 Computing - 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 Computing to buy it.
The correlation of Quantum Computing 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 Computing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quantum Computing 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 Computing 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.Additional Tools for Quantum Stock Analysis
When running Quantum Computing's price analysis, check to measure Quantum Computing'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 Computing is operating at the current time. Most of Quantum Computing's value examination focuses on studying past and present price action to predict the probability of Quantum Computing'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 Computing's price. Additionally, you may evaluate how the addition of Quantum Computing to your portfolios can decrease your overall portfolio volatility.