Quantum Computing (QUBT) Debt Ratio (2020 - 2024)

Quantum Computing (QUBT) recorded quarterly Debt Ratio of 0.01 in Q3 2024, down 66.51% quarter-over-quarter from 0.03 in Q4 2023, and down 82.84% on a YoY basis from 0.05 in Q4 2023.

Quantum Computing (QUBT) Debt Ratio (2020 - 2024) Analysis & Trends

Quantum Computing's Debt Ratio history runs 5 years deep, the most recent figure standing at 0.01 for Q3 2024.

  • In Q3 2024, Debt Ratio fell 82.84% year-over-year to 0.01; the TTM figure through Sep 2024 stood at 0.01 (down 82.84% YoY), while the FY2023 annual figure was 0.03, down 75.79% from the prior year.
  • Debt Ratio was 0.01 for Q3 2024 at Quantum Computing, down from 0.03 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 1.0 in Q2 2020 to a low of 0.0 in Q2 2023.
  • Historically, Debt Ratio has averaged 0.1 across 5 years, with a median of 0.03 in 2021.
  • The sharpest annual moves came in 2021 and 2022: Debt Ratio tumbled 97.88% in 2021, then jumped 370.88% in 2022.
  • A 5-year view of Debt Ratio shows it stood at 0.03 in 2020, then slipped by 29.73% to 0.02 in 2021, then surged by 370.88% to 0.11 in 2022, then plunged by 75.79% to 0.03 in 2023, then plunged by 66.51% to 0.01 in 2024.
  • The last three Debt Ratio figures came in at 0.01 (Q3 2024), 0.03 (Q4 2023), and 0.05 (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 0.31
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn -
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn -
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 0.43
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 0.11
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 0.00
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn -
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 0.23
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn -
10 Quantum Computing 2.23 Bn 2.23 Bn -721,000.00 -

Historic Data

Download Data
DateValue
Sep 30, 2024 0.01
Dec 31, 2023 0.03
Sep 30, 2023 0.05
Jun 30, 2023 0.00
Mar 31, 2023 0.00
Dec 31, 2022 0.11
Sep 30, 2022 0.08
Jun 30, 2022 0.00
Mar 31, 2022 0.02
Dec 31, 2021 0.02
Sep 30, 2021 0.02
Jun 30, 2021 0.02
Mar 31, 2021 0.04
Dec 31, 2020 0.03
Sep 30, 2020 0.13
Jun 30, 2020 1.00