Quantum Computing (QUBT) Debt Ratio (2020 - 2023)
Quantum Computing (QUBT) posted quarterly Debt Ratio of 0.03 for Q4 2023, down 72.24% year-over-year from 0.09 in Q4 2022, and down 48.75% quarter-over-quarter from 0.05 in Q3 2023.
Quantum Computing (QUBT) Debt Ratio (2020 - 2023) Analysis & Trends
Quantum Computing's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.03 for Q4 2023.
- In Q4 2023, Debt Ratio fell 72.24% year-over-year to 0.03; the TTM figure through Dec 2023 stood at 0.03 (down 72.24% YoY), while the FY2023 annual figure was 0.03, down 72.24% from the prior year.
- Debt Ratio for Q4 2023 stood at 0.03, down from 0.05 in the prior quarter.
- The five-year high for Debt Ratio was 1.0 in Q2 2020, with the low at 0.02 in Q4 2021.
- The 4-year median for Debt Ratio is 0.05 (2023), against an average of 0.13.
- The sharpest annual moves came in 2021 and 2022: Debt Ratio slumped 97.88% in 2021, then soared 486.18% in 2022.
- Quantum Computing's Debt Ratio stood at 0.02 in 2020, then dropped by 23.7% to 0.02 in 2021, then jumped by 486.18% to 0.09 in 2022, then tumbled by 72.24% to 0.03 in 2023.
- Business Quant data shows QUBT's Debt Ratio at 0.03 in Q4 2023, 0.05 in Q3 2023, and 0.07 in Q2 2023.
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 | Quantum Computing | 1.97 Bn | 1.97 Bn | -721,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.05 |
| Jun 30, 2023 | 0.07 |
| Mar 31, 2023 | 0.09 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.08 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.02 |
| Jun 30, 2021 | 0.02 |
| Mar 31, 2021 | 0.04 |
| Dec 31, 2020 | 0.02 |
| Sep 30, 2020 | 0.13 |
| Jun 30, 2020 | 1.00 |