D-Wave Quantum (D-Wave Quantum) Effective Interest Rate on Debt % : 6.31% (As of Mar. 2024)

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What is D-Wave Quantum Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. D-Wave Quantum's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $4.56 Mil. D-Wave Quantum's average total debt for the quarter that ended in Mar. 2024 was $72.24 Mil. Therefore, D-Wave Quantum's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.31%.

D-Wave Quantum Effective Interest Rate on Debt % Historical Data

The historical data trend for D-Wave Quantum's Effective Interest Rate on Debt % 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.

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D-Wave Quantum Effective Interest Rate on Debt % Chart

D-Wave Quantum Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

111.12

18.21

5.72

0.06

D-Wave Quantum Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									2.81	8.96	10.26	-11.89	6.31

Competitive Comparison of D-Wave Quantum's Effective Interest Rate on Debt %

For the Computer Hardware subindustry, D-Wave Quantum's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.

D-Wave Quantum's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, D-Wave Quantum's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where D-Wave Quantum's Effective Interest Rate on Debt % falls into.

D-Wave Quantum Effective Interest Rate on Debt % Calculation

D-Wave Quantum's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.037	/	( (42.285	+	72.651)	/ 2 )
=	-1 * -0.037	/	57.468
=	0.06 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.469	+	3.816
=	42.285

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	70.878	+	1.773
=	72.651

D-Wave Quantum's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -4.56	/	( (72.651	+	71.838)	/ 2 )
=	-1 * -4.56	/	72.2445
=	6.31 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	70.878	+	1.773
=	72.651

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	70.021	+	1.817
=	71.838

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

D-Wave Quantum (NYSE:QBTS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

D-Wave Quantum Effective Interest Rate on Debt % Related Terms

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D-Wave Quantum (D-Wave Quantum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » D-Wave Quantum Inc (NYSE:QBTS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

RQ0:Germany

Address

3033 Beta Avenue, Burnaby, BC, CAN, V5G 4M9

Website

https://www.dwavesys.com

D-Wave Quantum Inc is engaged in the development and delivery of quantum computing systems, software, and services, and is also a commercial supplier of quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Geographically, it derives a majority of its revenue from the United States.

Executives

Diane Nguyen	officer: General Counsel	3033 BETA AVENUE, BURNABY A1 V5G4M9
Victoria Brydon	officer: See remarks	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Smalley Philip Adam Iii	director	3033 BETA AVENUE, BURNABY A1 V5G4M9
Ziv Ehrenfeld	director	3033 BETA AVENUE, BURNABY A1 V5G4M9
Steven M West	director	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Stone Street 2014 Holdings, L.p.	10 percent owner	P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014 Employee Offshore Aggregator, L.p.	10 percent owner	P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014, L.p. Mbd	10 percent owner	200 WEST STREET, NEW YORK NY 10282-2198
Bridge Street 2014, L.p.	10 percent owner	200 WEST STREET, NEW YORK NY 10282-2198
Broad Street Principal Investments, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Roger Biscay	director	1545 RIVER PARK DRIVE, SUITE 210, SACRAMENTO CA 95815
Alan E Baratz	director, officer: President & CEO	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Gelderen Eduard Van	director	3033 BETA AVENUE, BURNABY A1 V5G 4M9