Quantum Computing (QUBT) Debt to Equity (2020 - 2024)
Quantum Computing (QUBT) posted quarterly Debt to Equity of $0.01 for Q3 2024, down 82.38% year-over-year from $0.06 in Q4 2023, and down 60.67% on a QoQ basis from $0.03 in Q4 2023.
Quantum Computing (QUBT) Debt to Equity (2020 - 2024) Analysis & Trends
Quantum Computing (QUBT) has reported Debt to Equity for 5 consecutive years, with $0.01 the latest figure, recorded in Q3 2024.
- In Q3 2024, Debt to Equity fell 82.38% year-over-year to $0.01; the TTM figure through Sep 2024 stood at $0.01 (down 82.38% YoY), while the FY2023 annual figure was $0.03, down 78.26% from the prior year.
- Debt to Equity 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 to Equity was $0.86 in Q3 2020, with the low at -$0.18 in Q2 2020.
- Average Debt to Equity over 5 years is $0.07, with a median of $0.03 recorded in 2021.
- Across the five-year window, Debt to Equity tumbled 96.9% in 2021 and surged 393.38% in 2022, its largest moves.
- Year by year, Debt to Equity stood at $0.03 in 2020, then slipped by 22.82% to $0.03 in 2021, then soared by 393.38% to $0.13 in 2022, then tumbled by 78.26% to $0.03 in 2023, then slumped by 60.67% to $0.01 in 2024.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.01, $0.03, and $0.06 for Q3 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | - |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | -22.19 |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | - |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 0.16 |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 3.53 |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | - |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | -67.13 |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 0.00 |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | - |
| 10 | Quantum Computing | 2.11 Bn | 2.11 Bn | -721,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.01 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | 0.00 |
| Mar 31, 2023 | 0.00 |
| Dec 31, 2022 | 0.13 |
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.03 |
| Jun 30, 2021 | 0.02 |
| Mar 31, 2021 | 0.04 |
| Dec 31, 2020 | 0.03 |
| Sep 30, 2020 | 0.86 |
| Jun 30, 2020 | -0.18 |