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

Quantum Computing (QUBT) posted quarterly Total Debt of $666000.0 for Q3 2024, down 85.24% year-over-year from $4.5 million in Q4 2023, and down 65.4% on a QoQ basis from $1.9 million in Q4 2023.

Quantum Computing (QUBT) Total Debt (2020 - 2024) Analysis & Trends

Quantum Computing (QUBT) has reported Total Debt for 5 consecutive years, with $666000.0 the latest figure, recorded in Q3 2024.

  • In Q3 2024, Total Debt fell 85.24% year-over-year to $666000.0; the TTM figure through Sep 2024 stood at $666000.0 (down 85.24% YoY), while the FY2023 annual figure was $1.9 million, down 77.07% from the prior year.
  • Total Debt came in at $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 $8.4 million in Q4 2022, with the low at $215119.0 in Q2 2023.
  • Average Total Debt over 5 years is $1.7 million, with a median of $493371.0 recorded in 2020.
  • Across the five-year window, Total Debt surged 2710.9% in 2022 and sank 85.24% in 2024, its largest moves.
  • Year by year, Total Debt stood at $493371.0 in 2020, then decreased by 20.45% to $392454.0 in 2021, then surged by 2038.92% to $8.4 million in 2022, then plunged by 77.07% to $1.9 million in 2023, then slumped by 65.4% to $666000.0 in 2024.
  • According to Business Quant data, Total Debt over the past three periods registered $666000.0, $1.9 million, and $4.5 million for Q3 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn -
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 31.16 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn -
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 1.58 Bn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 3.86 Bn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn -
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 9.67 Bn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 30.00 Mn
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 666,000.00
Dec 31, 2023 1.93 Mn
Sep 30, 2023 4.51 Mn
Jun 30, 2023 215,119.00
Mar 31, 2023 219,233.00
Dec 31, 2022 8.39 Mn
Sep 30, 2022 7.73 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 275,000.00
Mar 31, 2021 493,371.00
Dec 31, 2020 493,371.00
Sep 30, 2020 533,371.00
Jun 30, 2020 533,175.00