Quantum Computing (QUBT) Debt Ratio (2018 - 2024)
Quantum Computing (QUBT) posted Debt Ratio of 0.01 for Q3 2024, down 66.51% on a QoQ basis from 0.03 in Q4 2023, and down 82.84% year-over-year from 0.05 in Q4 2023.
Analysis
Quantum Computing (QUBT) Debt Ratio (2018 - 2024) Analysis & Trends
Quantum Computing has reported Debt Ratio for 7 years, with the latest figure at 0.01 in Q3 2024.
- On a quarterly basis, Debt Ratio fell 82.84% year-over-year to 0.01 in Q3 2024; TTM through Sep 2024 was 0.01, a 82.84% decrease from a year earlier, with the FY2023 full-year figure at 0.03, down 76.4% from the prior year.
- Debt Ratio was 0.01 for Q3 2024 at Quantum Computing, down from 0.03 in the prior quarter.
- The five-year high for Debt Ratio was 6.01 in Q1 2020, with the low at 0.0 in Q2 2022.
- Average Debt Ratio over 5 years is 0.67, with a median of 0.05 recorded in 2023.
- The sharpest annual moves came in 2020 and 2023: Debt Ratio sank 99.62% in 2020, then jumped 3026.64% in 2023.
- Over 5 years, Debt Ratio stood at 0.04 in 2020, then tumbled by 41.58% to 0.02 in 2021, then jumped by 383.2% to 0.11 in 2022, then tumbled by 76.4% to 0.03 in 2023, then tumbled 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | - |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | 0.03 |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | 0.12 |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | - |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | - |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | 0.00 |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | - |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | 25,991.50 |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | 0.08 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 0.01 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.05 |
| Jun 30, 2023 | 0.08 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2022 | 0.11 |
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.02 |
| Jun 30, 2021 | 0.04 |
| Mar 31, 2021 | 0.05 |
| Dec 31, 2020 | 0.04 |
| Sep 30, 2020 | 0.50 |
| Jun 30, 2020 | 4.15 |
| Mar 31, 2020 | 6.01 |
| Dec 31, 2019 | 10.18 |
| Sep 30, 2019 | 3.02 |
| Jun 30, 2019 | 3.68 |