Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
IQM Quantum Computers OyjIQMX -0.30%11 Debt-to-EBITDA is -0.63 as of Dec. 2025. GuruFocus rates IQMX with a GF Score™ of 11/100. Among 1,791 Hardware companies, IQM Quantum Computers Oyj ranks worse than 55834.67% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for IQM Quantum Computers Oyj's Debt-to-EBITDA or its related term are showing as below:
IQMX'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.68 Med: -1.15 Max: -0.63
Current: -0.63
During the past 2 years, the highest Debt-to-EBITDA Ratio of IQM Quantum Computers Oyj was -0.63. The lowest was -1.68. And the median was -1.15.
IQMX's Debt-to-EBITDA is ranked worse than 100% of 1791
companies
in the Hardware industry
Industry Median: 1.71
vs IQMX: -0.63
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
IQM Quantum Computers Oyj Debt-to-EBITDA Related Terms
IQM Quantum Computers Oyj Debt-to-EBITDA Historical 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.
IQM Quantum Computers Oyj Debt-to-EBITDA Chart
IQM Quantum Computers Oyj Annual Data
Trend
Dec24
Dec25
Debt-to-EBITDA
-1.68
-0.63
IQM Quantum Computers Oyj Semi-Annual Data
Dec24
Dec25
Debt-to-EBITDA
-1.68
-0.63
IQMX vs MSFT, ORCL, PLTR: Debt-to-EBITDA Comparison
For the Computer Hardware subindustry, IQM Quantum Computers Oyj's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IQM Quantum Computers Oyj Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, IQM Quantum Computers Oyj's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where IQM Quantum Computers Oyj's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is one times the quarterly (Dec. 2025) EBITDA data.
IQM Quantum Computers Oyj (IQMX) has a Debt-to-EBITDA of -0.63 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on IQM Quantum Computers Oyj. According to the industry distribution chart, IQM Quantum Computers Oyj ranks #999999 out of 1791 companies in the Hardware industry.
Is IQM Quantum Computers Oyj's Debt-to-EBITDA too high?
IQM Quantum Computers Oyj's current Debt-to-EBITDA is -0.63. Based on the distribution chart, IQM Quantum Computers Oyj ranks #999999 out of 1791 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, IQM Quantum Computers Oyj has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does IQM Quantum Computers Oyj's Debt-to-EBITDA compare to MSFT and ORCL?
According to the Hardware industry distribution chart, IQM Quantum Computers Oyj ranks #999999 out of 1791 companies for Debt-to-EBITDA. This places IQM Quantum Computers Oyj in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,791 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on IQM Quantum Computers Oyj. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IQM Quantum Computers Oyj's current Debt-to-EBITDA is -0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IQM Quantum Computers Oyj stock overvalued right now?
IQM Quantum Computers Oyj (IQMX) has a current Debt-to-EBITDA of -0.63. The current Debt-to-EBITDA is -0.63. IQM Quantum Computers Oyj's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For IQM Quantum Computers Oyj (IQMX), the current Debt-to-EBITDA is -0.63 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
IQM Finland Oy is engaged in the development and commercialization of superconducting quantum computers and related services. It provides on-premises full-stack quantum computing systems and cloud-based access platforms for quantum computing applications. Its customers include high-performance computing centers, research laboratories, universities, and enterprise clients that use quantum computing hardware and software systems.
11GF Score
Get the complete analysis for IQMX
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IQMX has been successfully added to your 
