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

Quantum Computing (QUBT) has reported Debt Ratio for 5 consecutive years, with 0.01 the latest figure, recorded in 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 came in at 0.01 for Q3 2024 at Quantum Computing, down from 0.03 in the prior quarter.
• The five-year high for Debt Ratio was 1.0 in Q2 2020, with the low at 0.0 in Q2 2023.
• Average Debt Ratio over 5 years is 0.1, with a median of 0.03 recorded in 2021.
• Across the five-year window, Debt Ratio plunged 97.88% in 2021 and jumped 370.88% in 2022, its largest moves.
• Year by year, Debt Ratio stood at 0.03 in 2020, then fell by 29.73% to 0.02 in 2021, then surged by 370.88% to 0.11 in 2022, then sank by 75.79% to 0.03 in 2023, then sank by 66.51% to 0.01 in 2024.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.01, 0.03, and 0.05 for Q3 2024, Q4 2023, and Q3 2023 respectively.