D-Wave Quantum (D-Wave Quantum) Cash And Cash Equivalents : $41.31 Mil (As of Dec. 2023)

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What is D-Wave Quantum Cash And Cash Equivalents?

D-Wave Quantum's quarterly cash and cash equivalents increased from Jun. 2023 ($7.51 Mil) to Sep. 2023 ($53.32 Mil) but then stayed the same from Sep. 2023 ($53.32 Mil) to Dec. 2023 ($41.31 Mil).

D-Wave Quantum's annual cash and cash equivalents declined from Dec. 2021 ($9.48 Mil) to Dec. 2022 ($7.07 Mil) but then increased from Dec. 2022 ($7.07 Mil) to Dec. 2023 ($41.31 Mil).

D-Wave Quantum Cash And Cash Equivalents Historical Data

The historical data trend for D-Wave Quantum's Cash And Cash Equivalents 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.

* Premium members only.

D-Wave Quantum Cash And Cash Equivalents Chart

D-Wave Quantum Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

21.34

9.48

7.07

41.31

D-Wave Quantum Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial								7.07	8.99	7.51	53.32	41.31

D-Wave Quantum Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

D-Wave Quantum (NYSE:QBTS) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

D-Wave Quantum Cash And Cash Equivalents Related Terms

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D-Wave Quantum (D-Wave Quantum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » D-Wave Quantum Inc (NYSE:QBTS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

RQ0:Germany

Address

3033 Beta Avenue, Burnaby, BC, CAN, V5G 4M9

Website

https://www.dwavesys.com

D-Wave Quantum Inc is engaged in the development and delivery of quantum computing systems, software, and services, and is also a commercial supplier of quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Geographically, it derives a majority of its revenue from the United States.

Executives

Diane Nguyen	officer: General Counsel	3033 BETA AVENUE, BURNABY A1 V5G4M9
Victoria Brydon	officer: See remarks	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Smalley Philip Adam Iii	director	3033 BETA AVENUE, BURNABY A1 V5G4M9
Ziv Ehrenfeld	director	3033 BETA AVENUE, BURNABY A1 V5G4M9
Steven M West	director	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Stone Street 2014 Holdings, L.p.	10 percent owner	P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014 Employee Offshore Aggregator, L.p.	10 percent owner	P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014, L.p. Mbd	10 percent owner	200 WEST STREET, NEW YORK NY 10282-2198
Bridge Street 2014, L.p.	10 percent owner	200 WEST STREET, NEW YORK NY 10282-2198
Broad Street Principal Investments, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Roger Biscay	director	1545 RIVER PARK DRIVE, SUITE 210, SACRAMENTO CA 95815
Alan E Baratz	director, officer: President & CEO	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Gelderen Eduard Van	director	3033 BETA AVENUE, BURNABY A1 V5G 4M9