Quantum Computing (QUBT) Debt Metrics
Market Cap: $1.20B
Avg Volume: 27.31M
Industry: Computer Hardware
Sector: Technology
How much debt does Quantum Computing have?
According to Quantum Computing's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Quantum Computing's total debt stands at $1.18M. This is broken down into:
- Long-term debt: $1.18M
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $-77.76M. In terms of overall financial obligations, Quantum Computing's total liabilities amount to $46.27M.
Debt Ratios and Metrics
To better understand Quantum Computing's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.01 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 0.77% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -10.39 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 1.09% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 1.09% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Quantum Computing's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$1.18M
Long-term Debt
$1.18M
Short-term Debt
$-
Net Debt
$-77.76M
Total Liabilities
$46.27M
Interest Coverage
-10.39
Debt to Equity Ratio
0.01
Debt Ratio
0.77%
Quantum Computing Historical Debt Metrics
Quantum Computing Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.18M | $1.18M | $- | $-77.76M | $46.27M | 0.01 | 0.77% | -10.39 | 1.09% | 1.09% |
| 2023 | $2.77M | $840.00K | $1.93M | $706.00K | $5.65M | 0.04 | 3.72% | -16.38 | 0.00% | 3.87% |
| 2022 | $9.53M | $8.27M | $1.89M | $5.73M | $14.40M | 0.13 | 10.67% | -17.75 | 8.76% | 11.28% |
| 2021 | $18.08K | $- | $18.08K | $-16.72M | $1.08M | 0.00 | 0.10% | -1.56 | 0.00% | 0.11% |
| 2020 | $218.37K | $- | $218.37K | $-14.98M | $693.21K | 0.01 | 1.43% | -1.97 | 0.00% | 1.48% |
| 2019 | $1.61M | $- | $1.61M | $1.51M | $2.96M | -0.57 | 1085.37% | -0.44 | 0.00% | -133.72% |
| 2018 | $3.17M | $- | $3.17M | $1.40M | $3.31M | -2.24 | 167.12% | -1.39 | 0.00% | 180.80% |
| 2017 | $- | $- | $- | $- | $1.50K | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
| 2012 | $14.23K | $- | $14.23K | $-80.86K | $987.51K | -0.02 | 3.60% | -0.10 | 0.00% | -2.46% |
Related Metrics
Explore detailed financial metrics and analysis for QUBT.