Quantum Computing (Quantum Computing) Interest Expense : $-2.80 Mil (TTM As of Dec. 2023)

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What is Quantum Computing Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quantum Computing's interest expense for the three months ended in Dec. 2023 was $ -0.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.80 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Quantum Computing's Operating Income for the three months ended in Dec. 2023 was $ -7.91 Mil. Quantum Computing's Interest Expense for the three months ended in Dec. 2023 was $ -0.48 Mil. Quantum Computing did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Quantum Computing Interest Expense Historical Data

The historical data trend for Quantum Computing's Interest Expense 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.

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Quantum Computing Interest Expense Chart

Quantum Computing Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-5.84

-8.82

-11.00

-2.06

-2.81

Quantum Computing Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.56	-0.75	-0.84	-0.73	-0.48

Quantum Computing Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.80 Mil.

Quantum Computing (NAS:QUBT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Quantum Computing's Interest Expense for the three months ended in Dec. 2023 was $-0.48 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-7.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.84 Mil.

Quantum Computing's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Quantum Computing did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Quantum Computing (Quantum Computing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quantum Computing Inc (NAS:QUBT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

215 Depot Court SE, Suite 215, Leesburg, VA, USA, 20175

Website

https://www.quantumcomputinginc.com

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.

Executives

Robert Liscouski	director, 10 percent owner, officer: President, CEO	C/O IMPLANT SCIENCES CORPORATION, 500 RESEARCH DRIVE, WILMINGTON MA 01887
Christopher Boehmler	officer: Chief Financial Officer	1350 E CAPITOL ST NE, WASHINGTON DC 20003
Yuping Huang	director, 10 percent owner, officer: Chief Quantum Tech. Officer	815 BLANCH AVENUE, NORWOOD NJ 07648
Carl Scott Weimer	director	4751 SUMMERLIN PLACE, LONGMONT CO 80503
Michael C Turmelle	director	27 COUNTRY FARM WAY, STRATHAM NH 03885
William J Mcgann	director	C/O IMPLANT SCIENCE CORPORATION, 500 RESEARCH DRIVE, WILMINGTON MA 01887
David Charles Morris	officer: Chief Revenue Officer	144 DIABLO RANCH COURT, DANVILLE CA 94506
Robert B Fagenson	director	FAGENSON & CO. INC, 60 BROAD STREET, NEW YORK NY 10004
Bertrand Velge	director, 10 percent owner	BARNHOUSE FARM, BARNHOUSE LANE BROOKLAND, ROMNEY MARSH, KENT X0 TN299TR
Justin Schreiber	director	236 FIFTH AVENUE, SUITE 400, NEW YORK NY 10001
Christopher Bruce Roberts	director, officer: Chief Financial Officer	1014 PRIRY PLACE, MCLEAN VA 22101
Peter Anthony Schultz	10 percent owner	P.O. BOX 9024120, SAN JUAN PR 00902