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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. D-Wave Quantum's annualized ROCE % for the quarter that ended in Mar. 2025 was -8.65%.
The historical data trend for D-Wave Quantum's ROCE % 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.
D-Wave Quantum Annual Data | |||||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | ||||||
ROCE % | -47.31 | -135.61 | -343.28 | -280.20 | -128.53 |
D-Wave Quantum Quarterly Data | ||||||||||||||||||
Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | |
ROCE % | Get a 7-Day Free Trial |
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-150.70 | -234.82 | -404.34 | -354.26 | -8.65 |
D-Wave Quantum's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:
ROCE % | = | EBIT | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(A: Dec. 2024 ) | (A: Dec. 2023 ) | (A: Dec. 2024 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(A: Dec. 2024 ) | (A: Dec. 2023 ) | (A: Dec. 2024 ) | |||||
= | -139.982 | / | ( ( (59.356 - 11.25) | + | (199.853 - 30.145) ) | / 2 ) | |
= | -139.982 | / | ( (48.106 | + | 169.708) | / 2 ) | |
= | -139.982 | / | 108.907 | ||||
= | -128.53 % |
D-Wave Quantum's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:
ROCE % | = | EBIT (1) | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(Q: Mar. 2025 ) | (Q: Dec. 2024 ) | (Q: Mar. 2025 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Mar. 2025 ) | (Q: Dec. 2024 ) | (Q: Mar. 2025 ) | |||||
= | -20.78 | / | ( ( (199.853 - 30.145) | + | (325.6 - 14.999) ) | / 2 ) | |
= | -20.78 | / | ( ( 169.708 | + | 310.601 ) | / 2 ) | |
= | -20.78 | / | 240.1545 | ||||
= | -8.65 % |
(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.
* 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.
D-Wave Quantum (NYSE:QBTS) ROCE % Explanation
ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.
Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.
Thank you for viewing the detailed overview of D-Wave Quantum's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Diane Nguyen | officer: General Counsel | 3033 BETA AVENUE, BURNABY A1 V5G4M9 |
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Smalley Philip Adam Iii | director | 3033 BETA AVENUE, BURNABY A1 V5G4M9 |
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