Quantum Computing Balance Sheet Health
Financial Health criteria checks 5/6
Quantum Computing has a total shareholder equity of $60.4M and total debt of $6.5M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are $76.8M and $16.4M respectively.
Key information
10.8%
Debt to equity ratio
US$6.51m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.06m |
| Equity | US$60.44m |
| Total liabilities | US$16.37m |
| Total assets | US$76.81m |
Recent financial health updates
Recent 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 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 ($3.9M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: QUBT's short term assets ($3.9M) do not cover its long term liabilities ($13.9M).
Debt to Equity History and Analysis
Debt Level: QUBT's net debt to equity ratio (5.7%) 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 sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: QUBT is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.