Arqit Quantum (ARQQ) Debt Ratio (2019 - 2024)
Arqit Quantum's (ARQQ) quarterly Debt Ratio came in at 0.07 in Q3 2024, up 32374.86% on a YoY basis from N/an in Q4 2023, and up 32374.86% quarter-over-quarter from 0.0 in Q3 2023.
Analysis
Arqit Quantum (ARQQ) Debt Ratio (2019 - 2024) Analysis & Trends
Arqit Quantum (ARQQ) has reported Debt Ratio for 5 consecutive years, with 0.07 the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Debt Ratio rose 32374.86% year-over-year to 0.07; the trailing twelve-month figure through Sep 2024 stood at 0.07 (up 32374.86% YoY), and the FY2024 full-year result was 0.07, up 32374.86% from the prior year.
- Debt Ratio improved to 0.07 in Q3 2024 per ARQQ's latest filing, from 0.0 in the prior quarter.
- Across five years, Debt Ratio topped out at 1.17 in Q3 2020 and bottomed at 0.0 in Q1 2021.
- Historically, Debt Ratio has averaged 0.31 across 4 years, with a median of 0.04 in 2023.
- The sharpest annual moves came in 2020 and 2024: Debt Ratio surged 226.37% in 2020, then jumped 32374.86% in 2024.
- Over 4 years, Debt Ratio stood at 1.17 in 2020, then plunged by 100.03% to 0.0 in 2021, then jumped by 160.14% to 0.0 in 2023, then surged by 32374.86% to 0.07 in 2024.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.07, 0.0, and 0.0 for Q3 2024, Q3 2023, and Q1 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 10.45 Bn | 8.33 Bn | 19.94 Mn | - |
| 2 | D-Wave Quantum | 6.60 Bn | 6.60 Bn | 1.70 Mn | 0.03 |
| 3 | Rigetti Computing | 5.26 Bn | 5.26 Bn | 2.19 Mn | 0.12 |
| 4 | Quantum Computing | 1.86 Bn | 1.86 Bn | -1.17 Mn | - |
| 5 | Infleqtion | 1.48 Bn | 998.62 Mn | 2.17 Mn | - |
| 6 | BTQ Technologies | 406.47 Mn | 406.47 Mn | - | 0.00 |
| 7 | Quantum eMotion | 337.93 Mn | 337.93 Mn | - | - |
| 8 | Arqit Quantum | 310.37 Mn | 310.37 Mn | - | - |
| 9 | Horizon Quantum Holdings | 16.26 | -113.25 Mn | - | 25,991.50 |
| 10 | Xanadu Quantum Technologies | 9.57 | -312.78 Mn | 1.38 Mn | 0.08 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 0.07 |
| Sep 30, 2023 | 0.00 |
| Mar 31, 2021 | 0.00 |
| Sep 30, 2020 | 1.17 |
| Sep 30, 2019 | 0.36 |