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IQM Quantum Computers OyjIQMX -1.21%11 Debt-to-Equity is 0.12 as of Dec. 2025, which is 97% below its 10-year median of 4.51. GuruFocus rates IQMX with a GF Score™ of 11/100. Among 2,224 Hardware companies, IQM Quantum Computers Oyj ranks better than 69.69% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for IQM Quantum Computers Oyj's Debt-to-Equity or its related term are showing as below:
IQMX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 4.51 Max: 8.91
Current: 0.12
During the past 2 years, the highest Debt-to-Equity Ratio of IQM Quantum Computers Oyj was 8.91. The lowest was 0.12. And the median was 4.51.
IQMX's Debt-to-Equity is ranked better than 69.69% of 2224
companies
in the Hardware industry
Industry Median: 0.275
vs IQMX: 0.12
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
IQM Quantum Computers Oyj Debt-to-Equity Related Terms
IQM Quantum Computers Oyj Debt-to-Equity 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-Equity Chart
IQM Quantum Computers Oyj Annual Data
Trend
Dec24
Dec25
Debt-to-Equity
8.91
0.12
IQM Quantum Computers Oyj Semi-Annual Data
Dec24
Dec25
Debt-to-Equity
8.91
0.12
IQMX vs MSFT, ORCL, PLTR: Debt-to-Equity Comparison
For the Computer Hardware subindustry, IQM Quantum Computers Oyj's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Hardware Industry
For the Hardware industry and Technology sector, IQM Quantum Computers Oyj's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where IQM Quantum Computers Oyj's Debt-to-Equity 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.
IQM Quantum Computers Oyj (IQMX) has a Debt-to-Equity of 0.12 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on IQM Quantum Computers Oyj and its competitors. This is 97% below median its historical median of 4.51. Over the past decade, IQM Quantum Computers Oyj's Debt-to-Equity has ranged from 0.12 to 8.91. According to the industry distribution chart, IQM Quantum Computers Oyj ranks #674 out of 2224 companies in the Hardware industry, placing it in the top 30.3%.
Is IQM Quantum Computers Oyj's Debt-to-Equity too high?
IQM Quantum Computers Oyj's current Debt-to-Equity of 0.12 is 97% below median its 10-year median of 4.51. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 8.91. The Hardware industry median Debt-to-Equity is 0.28. IQM Quantum Computers Oyj's value of 0.12 is 56.4% below this industry median. Based on the distribution chart, IQM Quantum Computers Oyj ranks #674 out of 2224 companies in the Hardware industry, which is above the industry midpoint. 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-Equity compare to MSFT and ORCL?
According to the Hardware industry distribution chart, IQM Quantum Computers Oyj ranks #674 out of 2224 companies for Debt-to-Equity. This puts IQM Quantum Computers Oyj in the upper half of its industry. The industry median Debt-to-Equity is 0.28. IQM Quantum Computers Oyj's value of 0.12 is 56.4% below this benchmark. Historically, IQM Quantum Computers Oyj's own Debt-to-Equity has ranged from 0.12 to 8.91 over the past decade. While the company's 10-year median is 4.51 vs. the industry median of 0.28, IQM Quantum Computers Oyj has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,224 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IQM Quantum Computers Oyj's current Debt-to-Equity of 0.12 is 56.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on IQM Quantum Computers Oyj and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — 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-Equity is 0.12, which is 97% below median its own 10-year median of 4.51. 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-Equity of 0.12. The current Debt-to-Equity is 0.12, which is 97% below median its 10-year median of 4.51 and 56.4% below the Hardware industry median of 0.28. 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For IQM Quantum Computers Oyj (IQMX), the current Debt-to-Equity is 0.12 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.
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