QTREX Quantum (QTEX) Debt Ratio (2020 - 2023)
QTREX Quantum (QTEX) posted Debt Ratio of 0.04 for Q2 2023, up 77.5% sequentially from 0.02 in Q4 2022, and up 90.94% YoY from 0.02 in Q2 2022.
QTREX Quantum (QTEX) Debt Ratio (2020 - 2023) Analysis & Trends
QTREX Quantum has reported Debt Ratio for 4 years, with the latest figure at 0.04 in Q2 2023.
- Quarterly Debt Ratio rose 90.94% year-over-year to 0.04 in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 0.04 (up 90.94% YoY) and the FY2022 annual result came in at 0.02, down 81.68% from the prior year.
- Debt Ratio advanced to 0.04 in Q2 2023 per QTEX's latest filing, from 0.02 in the prior quarter.
- Over five years, Debt Ratio peaked at 2.42 in Q2 2021 and troughed at 0.02 in Q2 2022.
- A 4-year average of 0.69 and a median of 0.08 in 2021 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio sank 99.13% in 2022, then jumped 90.94% in 2023.
- Over 4 years, Debt Ratio stood at 1.51 in 2020, then slumped by 91.78% to 0.12 in 2021, then tumbled by 81.68% to 0.02 in 2022, then soared by 77.5% to 0.04 in 2023.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.04, 0.02, and 0.02 for Q2 2023, Q4 2022, and Q2 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 278.57 Bn | 266.99 Bn | 7.78 Bn | 0.27 |
| 2 | Arista Networks | 232.75 Bn | 220.40 Bn | 1.68 Bn | - |
| 3 | Sandisk | 190.63 Bn | 186.89 Bn | 4.66 Bn | - |
| 4 | Seagate Technology Holdings | 186.50 Bn | 185.35 Bn | 1.45 Bn | 0.43 |
| 5 | Western Digital | 184.00 Bn | 180.76 Bn | 1.68 Bn | 0.21 |
| 6 | Everpure | 26.61 Bn | 25.11 Bn | 723.33 Mn | - |
| 7 | Hp | 24.78 Bn | 21.08 Bn | 3.02 Bn | 0.23 |
| 8 | Super Micro Computer | 17.22 Bn | 15.93 Bn | 1.02 Bn | 0.01 |
| 9 | Logitech International | 16.90 Bn | 15.15 Bn | 607.94 Mn | - |
| 10 | QTREX Quantum | 29.92 Mn | 26.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 0.04 |
| Dec 31, 2022 | 0.02 |
| Jun 30, 2022 | 0.02 |
| Dec 31, 2021 | 0.12 |
| Jun 30, 2021 | 2.42 |
| Dec 31, 2020 | 1.51 |