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
DateValue
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