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 | 280.00 Bn | 268.42 Bn | 7.78 Bn | 0.34 |
| 2 | Arista Networks | 236.48 Bn | 223.14 Bn | 1.91 Bn | - |
| 3 | Sandisk | 219.05 Bn | 214.29 Bn | 7.58 Bn | - |
| 4 | Seagate Technology Holdings | 173.77 Bn | 172.06 Bn | 1.90 Bn | 0.36 |
| 5 | Western Digital | 148.61 Bn | 145.37 Bn | 1.68 Bn | 0.21 |
| 6 | Everpure | 33.29 Bn | 31.79 Bn | 723.33 Mn | - |
| 7 | Hp | 26.26 Bn | 22.56 Bn | 3.02 Bn | 0.23 |
| 8 | Super Micro Computer | 21.11 Bn | 19.82 Bn | 1.02 Bn | 0.09 |
| 9 | Logitech International | 13.96 Bn | 12.21 Bn | 607.94 Mn | - |
| 10 | QTREX Quantum | 25.52 Mn | 22.26 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 |