Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Quantum Computing's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $73.27 Mil. Quantum Computing's Total Assets for the quarter that ended in Dec. 2023 was $78.73 Mil.
Therefore, Quantum Computing's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.93.
The historical rank and industry rank for Quantum Computing's Equity-to-Asset or its related term are showing as below:
QUBT'
s Equity-to-Asset Range Over the Past 10 Years
Min: -19 Med: 0.93 Max: 0.96
Current: 0.93
During the past 5 years, the highest Equity to Asset Ratio of Quantum Computing was 0.96. The lowest was -19.00. And the median was 0.93.
QUBT's Equity-to-Asset is ranked better than 97.83% of 2485
companies
in the Hardware industry
Industry Median: 0.57
vs QUBT: 0.93
Quantum Computing Equity-to-Asset Historical Data
The historical data trend for Quantum Computing'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.
Competitive Comparison of Quantum Computing's Equity-to-Asset
For the Computer Hardware subindustry, Quantum Computing'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.
Quantum Computing's Equity-to-Asset Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Quantum Computing's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Quantum Computing's Equity-to-Asset falls into.
Quantum Computing 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.
Quantum Computing's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Quantum Computing Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Quantum Computing's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Quantum Computing (Quantum Computing) Business Description
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.
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