Quantum Computing Balance Sheet Health
Financial Health criteria checks 3/6
Quantum Computing has a total shareholder equity of $73.3M and total debt of $2.5M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are $78.7M and $5.5M respectively.
Key information
3.4%
Debt to equity ratio
US$2.50m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.06m |
| Equity | US$73.27m |
| Total liabilities | US$5.46m |
| Total assets | US$78.73m |
Recent financial health updates
Does Quantum Computing (NASDAQ:QUBT) Have A Healthy Balance Sheet?
Mar 12
Would Quantum Computing (NASDAQ:QUBT) Be Better Off With Less Debt?
Jul 28Recent updates
Does Quantum Computing (NASDAQ:QUBT) Have A Healthy Balance Sheet?
Mar 12Would Quantum Computing (NASDAQ:QUBT) Be Better Off With Less Debt?
Jul 28Investors In Quantum Computing Should Be Very Cautious
Sep 26Quantum Computing: Poised For Greatness In The Next Big Wave Of Computing Disruption
Jul 11Quantum Computing, Inc: We Commence Coverage At Speculative Buy
Jul 22Financial Position Analysis
Short Term Liabilities: QUBT's short term assets ($3.2M) do not cover its short term liabilities ($4.6M).
Long Term Liabilities: QUBT's short term assets ($3.2M) exceed its long term liabilities ($840.1K).
Debt to Equity History and Analysis
Debt Level: QUBT's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: QUBT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: QUBT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QUBT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.8% each year