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D-Wave Quantum (D-Wave Quantum) Equity-to-Asset : -0.41 (As of Dec. 2023)


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What is D-Wave Quantum Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. D-Wave Quantum's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-24.48 Mil. D-Wave Quantum's Total Assets for the quarter that ended in Dec. 2023 was $59.36 Mil. Therefore, D-Wave Quantum's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.41.

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

QBTS' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.09   Med: -0.52   Max: 0.69
Current: -0.41

During the past 4 years, the highest Equity to Asset Ratio of D-Wave Quantum was 0.69. The lowest was -1.09. And the median was -0.52.

QBTS's Equity-to-Asset is ranked worse than
97.95% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs QBTS: -0.41

D-Wave Quantum Equity-to-Asset Historical Data

The historical data trend for D-Wave Quantum's Equity-to-Asset 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.

D-Wave Quantum Equity-to-Asset Chart

D-Wave Quantum Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.69 -0.62 -1.09 -0.41

D-Wave Quantum Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.09 -0.27 -1.12 0.13 -0.41

Competitive Comparison of D-Wave Quantum's Equity-to-Asset

For the Computer Hardware subindustry, D-Wave Quantum's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Hardware Industry

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

* The bar in red indicates where D-Wave Quantum's Equity-to-Asset falls into.



D-Wave Quantum Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

D-Wave Quantum's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-24.481/59.356
=-0.41

D-Wave Quantum's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-24.481/59.356
=-0.41

* 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.


D-Wave Quantum  (NYSE:QBTS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


D-Wave Quantum Equity-to-Asset Related Terms

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


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

Traded in Other Exchanges
Address
3033 Beta Avenue, Burnaby, BC, CAN, V5G 4M9
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