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
DateValue
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