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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

D-Wave Quantum (QBTS) Debt Ratio (2020 - 2026)

D-Wave Quantum's Debt Ratio history spans 7 years, with the latest figure at 0.03 for Q1 2026.

  • On a quarterly basis, Debt Ratio fell 68.58% to 0.03 in Q1 2026 year-over-year; TTM through Mar 2026 was 0.03, a 68.58% decrease, with the full-year FY2025 number at 0.04, down 74.25% from a year prior.
  • Debt Ratio hit 0.03 in Q1 2026 for D-Wave Quantum, down from 0.04 in the prior quarter.
  • Over the last five years, Debt Ratio for QBTS hit a ceiling of 1.93 in Q2 2023 and a floor of 0.03 in Q1 2026.
  • Historically, Debt Ratio has averaged 0.71 across 5 years, with a median of 0.91 in 2023.
  • Biggest five-year swings in Debt Ratio: surged 138.82% in 2023 and later crashed 96.34% in 2025.
  • Tracing QBTS's Debt Ratio over 5 years: stood at 1.23 in 2022, then decreased by 11.69% to 1.08 in 2023, then tumbled by 85.91% to 0.15 in 2024, then tumbled by 74.25% to 0.04 in 2025, then dropped by 24.51% to 0.03 in 2026.
  • Business Quant data shows Debt Ratio for QBTS at 0.03 in Q1 2026, 0.04 in Q4 2025, and 0.04 in Q3 2025.