Quantum Computing (Quantum Computing) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is Quantum Computing Debt-to-Equity?

Quantum Computing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.50 Mil. Quantum Computing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.84 Mil. Quantum Computing's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $73.27 Mil. Quantum Computing's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Quantum Computing's Debt-to-Equity or its related term are showing as below:

QUBT' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.57 Med: 0.02 Max: 0.13
Current: 0.05

During the past 5 years, the highest Debt-to-Equity Ratio of Quantum Computing was 0.13. The lowest was -0.57. And the median was 0.02.

QUBT's Debt-to-Equity is ranked better than
84.09% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs QUBT: 0.05

Quantum Computing Debt-to-Equity Historical Data

The historical data trend for Quantum Computing's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Quantum Computing Debt-to-Equity Chart

Quantum Computing Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.57

0.02

0.13

0.05

Quantum Computing Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.12	0.10	0.07	0.05

Competitive Comparison of Quantum Computing's Debt-to-Equity

For the Computer Hardware subindustry, Quantum Computing's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Quantum Computing's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Quantum Computing's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Quantum Computing's Debt-to-Equity falls into.

Quantum Computing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quantum Computing's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.496	+	0.84)	/	73.269
	=	0.05

Quantum Computing's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.496	+	0.84)	/	73.269
	=	0.05

Quantum Computing (NAS:QUBT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Quantum Computing Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Quantum Computing's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Quantum Computing (Quantum Computing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quantum Computing Inc (NAS:QUBT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

215 Depot Court SE, Suite 215, Leesburg, VA, USA, 20175

Website

https://www.quantumcomputinginc.com

Quantum Computing Inc is focused on providing software tools and applications for quantum computers. Its products include the Qatalyst, Qatalyst Core, and Quantum Application Accelerator. Qatalyst enables developers to create and execute quantum-ready applications on conventional computers while being ready to run on quantum computers where those systems achieve performance advantage.

Executives

Robert Liscouski	director, 10 percent owner, officer: President, CEO	C/O IMPLANT SCIENCES CORPORATION, 500 RESEARCH DRIVE, WILMINGTON MA 01887
Christopher Boehmler	officer: Chief Financial Officer	1350 E CAPITOL ST NE, WASHINGTON DC 20003
Yuping Huang	director, 10 percent owner, officer: Chief Quantum Tech. Officer	815 BLANCH AVENUE, NORWOOD NJ 07648
Carl Scott Weimer	director	4751 SUMMERLIN PLACE, LONGMONT CO 80503
Michael C Turmelle	director	27 COUNTRY FARM WAY, STRATHAM NH 03885
William J Mcgann	director	C/O IMPLANT SCIENCE CORPORATION, 500 RESEARCH DRIVE, WILMINGTON MA 01887
David Charles Morris	officer: Chief Revenue Officer	144 DIABLO RANCH COURT, DANVILLE CA 94506
Robert B Fagenson	director	FAGENSON & CO. INC, 60 BROAD STREET, NEW YORK NY 10004
Bertrand Velge	director, 10 percent owner	BARNHOUSE FARM, BARNHOUSE LANE BROOKLAND, ROMNEY MARSH, KENT X0 TN299TR
Justin Schreiber	director	236 FIFTH AVENUE, SUITE 400, NEW YORK NY 10001
Christopher Bruce Roberts	director, officer: Chief Financial Officer	1014 PRIRY PLACE, MCLEAN VA 22101
Peter Anthony Schultz	10 percent owner	P.O. BOX 9024120, SAN JUAN PR 00902