Quantum Computing Financials

QUBT Stock  USD 7.70  1.60  26.23%   
Based on the key indicators obtained from Quantum Computing's historical financial statements, Quantum Computing is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Quantum Computing's Short Term Debt is comparatively stable compared to the past year. Property Plant Equipment is likely to gain to about 1.2 M in 2024, despite the fact that Retained Earnings are likely to grow to (142.2 M). Key indicators impacting Quantum Computing's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.630.6612
Sufficiently Down
Slightly volatile
The essential information of the day-to-day investment outlook for Quantum Computing includes many different criteria found on its balance sheet. An individual investor should monitor Quantum Computing's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Quantum Computing.

Net Income

(31.22 Million)

  
Understanding current and past Quantum Computing Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Quantum Computing's financial statements are interrelated, with each one affecting the others. For example, an increase in Quantum Computing's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Quantum Computing's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Quantum Computing. Check Quantum Computing's Beneish M Score to see the likelihood of Quantum Computing's management manipulating its earnings.

Quantum Computing Stock Summary

Quantum Computing competes with D Wave, IONQ, Quantum, Desktop Metal, and Rigetti Computing. Quantum Computing, Inc. focuses on providing software tools and applications for quantum computers in Virginia. Quantum Computing, Inc. was founded in 2018 and is based in Leesburg, Virginia. Quantum Computing operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 25 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS74766W1080
CUSIP74766W108
LocationVirginia; U.S.A
Business Address5 Marine View
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.quantumcomputinginc.com
Phone703 436 2121
CurrencyUSD - US Dollar

Quantum Computing Key Financial Ratios

Quantum Computing Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets148.2K15.3M17.3M89.3M78.7M82.7M
Other Current Liab980.7K108.1K599.3K2.6M661.2K794.0K
Net Tangible Assets(2.8M)14.6M16.2M(6.5M)(7.4M)(7.0M)
Retained Earnings(28.8M)(53.5M)(81.4M)(120.0M)(149.7M)(142.2M)
Accounts Payable218.3K366.7K464.9K872K1.5M1.5M
Cash101.1K15.2M16.7M3.8M2.1M2.0M
Total Liab3.0M693.2K1.1M14.4M5.5M3.4M
Total Current Assets122.6K15.2M17.2M4.1M3.2M5.0M
Short Term Debt1.6M218.4K18.1K1.9M2.5M2.6M
Common Stock736.02.8K2.9K5.6K7.7K7.4K
Net Debt1.5M(15.0M)(16.7M)5.7M1.3M1.3M
Other Current Assets21.5K40.8K483.0K407.3K427.6K257.3K

Quantum Computing Key Income Statement Accounts

The reason investors look at the income statement is to determine what Quantum Computing's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense5.8M8.8M11.0M2.1M2.8M3.1M
Gross Profit(2.6K)(6.6K)(9.0K)74.7K(14.6M)(13.8M)
Operating Income(2.5M)(17.3M)(17.1M)(36.6M)(27.2M)(25.9M)
Ebit(2.5M)(17.3M)(17.1M)(26.6M)(27.2M)(25.9M)
Cost Of Revenue2.6K6.6K9.0K60.9K14.9M15.7M
Income Before Tax(8.4M)(24.7M)(27.9M)(38.6M)(29.7M)(28.2M)
Net Income(14.2M)(33.5M)(38.9M)(2.1B)(29.7M)(31.2M)
Income Tax Expense5.8M8.8M11.0M2.0B2.01.9
Research Development891.1K1.5M2.6M4.6M6.4M6.8M
Ebitda(2.5M)(17.3M)(17.1M)(23.3M)(25.3M)(24.0M)

Quantum Computing Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(1.7M)15.1M1.5M(11.4M)(3.2M)(3.1M)
Net Borrowings(1.6M)(1.4M)(218.4K)8.0M9.2M9.7M
Depreciation2.6K6.6K9.0K3.3M2.0M2.1M
Capital Expenditures21.3K12.0K19.4K869.7K2.1M2.2M
Net Income(8.4M)(24.7M)(27.9M)(38.6M)(29.7M)(28.2M)
Change To Netincome5.1M13.0M20.9M13.9M16.0M16.8M
End Period Cash Flow101.1K15.2M16.7M5.3M2.1M2.0M
Free Cash Flow(2.3M)(11.6M)(6.8M)(18.4M)(22.1M)(21.0M)
Other Non Cash Items803.3K100K10.7M133.0K19.5B20.5B

Quantum Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Quantum Computing's current stock value. Our valuation model uses many indicators to compare Quantum Computing value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Quantum Computing competition to find correlations between indicators driving Quantum Computing's intrinsic value. More Info.
Quantum Computing is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Quantum Computing's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Quantum Computing by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Quantum Computing Systematic Risk

Quantum Computing's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Quantum Computing volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Quantum Computing correlated with the market. If Beta is less than 0 Quantum Computing generally moves in the opposite direction as compared to the market. If Quantum Computing Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Quantum Computing is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Quantum Computing is generally in the same direction as the market. If Beta > 1 Quantum Computing moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Quantum Computing Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Quantum Computing's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Quantum Computing growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0395

At this time, Quantum Computing's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Quantum Computing November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Quantum Computing help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Quantum Computing. We use our internally-developed statistical techniques to arrive at the intrinsic value of Quantum Computing based on widely used predictive technical indicators. In general, we focus on analyzing Quantum Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Quantum Computing's daily price indicators and compare them against related drivers.

Additional Tools for Quantum Stock Analysis

When running Quantum Computing's price analysis, check to measure Quantum Computing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quantum Computing is operating at the current time. Most of Quantum Computing's value examination focuses on studying past and present price action to predict the probability of Quantum Computing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantum Computing's price. Additionally, you may evaluate how the addition of Quantum Computing to your portfolios can decrease your overall portfolio volatility.