Quantum Computing (QUBT) Total Debt (2018 - 2024)
Quantum Computing (QUBT) posted Total Debt of $666000.0 for Q3 2024, down 65.4% on a QoQ basis from $1.9 million in Q4 2023, and down 85.24% year-over-year from $4.5 million in Q4 2023.
Analysis
Quantum Computing (QUBT) Total Debt (2018 - 2024) Analysis & Trends
Quantum Computing has reported Total Debt for 7 years, with the latest figure at $666000.0 in Q3 2024.
- On a quarterly basis, Total Debt fell 85.24% year-over-year to $666000.0 in Q3 2024; TTM through Sep 2024 was $666000.0, a 85.24% decrease from a year earlier, with the FY2023 full-year figure at $1.9 million, down 77.65% from the prior year.
- Total Debt was $666000.0 for Q3 2024 at Quantum Computing, down from $1.9 million in the prior quarter.
- The five-year high for Total Debt was $8.6 million in Q4 2022, with the low at $223125.0 in Q1 2022.
- Average Total Debt over 5 years is $2.8 million, with a median of $1.4 million recorded in 2020.
- The sharpest annual moves came in 2021 and 2023: Total Debt slumped 86.29% in 2021, then jumped 3712.75% in 2023.
- Over 5 years, Total Debt stood at $593371.0 in 2020, then plunged by 33.86% to $392454.0 in 2021, then jumped by 2094.86% to $8.6 million in 2022, then sank by 77.65% to $1.9 million in 2023, then plunged by 65.4% to $666000.0 in 2024.
- The last three Total Debt figures came in at $666000.0 (Q3 2024), $1.9 million (Q4 2023), and $4.5 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (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 | 35.03 Mn |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | 78.41 Mn |
| 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 | - | 19,398.98 |
| 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 | - | 3,224.14 Bn |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | 32.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 666,000.00 |
| Dec 31, 2023 | 1.93 Mn |
| Sep 30, 2023 | 4.51 Mn |
| Jun 30, 2023 | 6.73 Mn |
| Mar 31, 2023 | 8.51 Mn |
| Dec 31, 2022 | 8.61 Mn |
| Sep 30, 2022 | 8.27 Mn |
| Jun 30, 2022 | 223,125.00 |
| Mar 31, 2022 | 223,125.00 |
| Dec 31, 2021 | 392,454.00 |
| Sep 30, 2021 | 275,000.00 |
| Jun 30, 2021 | 550,000.00 |
| Mar 31, 2021 | 768,371.00 |
| Dec 31, 2020 | 593,371.00 |
| Sep 30, 2020 | 2.01 Mn |
| Jun 30, 2020 | 2.21 Mn |
| Mar 31, 2020 | 1.45 Mn |
| Dec 31, 2019 | 1.51 Mn |
| Sep 30, 2019 | 1.01 Mn |
| Jun 30, 2019 | 3.02 Mn |