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| Date | Value |
|---|---|
| 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 |