Quantum eMotion (TSXV:QNC) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Quantum eMotion Debt-to-Equity?

Quantum eMotion's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Quantum eMotion's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.04 Mil. Quantum eMotion's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$1.70 Mil. Quantum eMotion's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Quantum eMotion's Debt-to-Equity or its related term are showing as below:

TSXV:QNC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.14
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Quantum eMotion was 0.14. The lowest was 0.01. And the median was 0.02.

TSXV:QNC's Debt-to-Equity is ranked better than
86.03% of 873 companies
in the Semiconductors industry
Industry Median: 0.26 vs TSXV:QNC: 0.03

Quantum eMotion Debt-to-Equity Historical Data

The historical data trend for Quantum eMotion's Debt-to-Equity 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.

Quantum eMotion Debt-to-Equity Chart

Quantum eMotion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.02

0.01

0.03

Quantum eMotion Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	N/A	0.02	0.03	0.03

Competitive Comparison of Quantum eMotion's Debt-to-Equity

For the Semiconductors subindustry, Quantum eMotion'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.

Quantum eMotion's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Quantum eMotion's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Quantum eMotion's Debt-to-Equity falls into.

Quantum eMotion Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quantum eMotion's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0.04)	/	1.419
	=	0.03

Quantum eMotion's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0.042)	/	1.699
	=	0.02

Quantum eMotion (TSXV:QNC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

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.

Quantum eMotion Debt-to-Equity Related Terms

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Quantum eMotion (TSXV:QNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Quantum eMotion Inc (TSXV:QNC) » Definitions » Debt-to-Equity

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QNCCF:USA

Address

2300 Alfred Nobel Boulevard, Suite 209, Montreal, QC, CAN, H4S 2A4

Website

https://www.quantumemotion.com

Quantum eMotion Inc is dedicated to developing of a new generation of quantum-safe encryption for the quantum computing age. It is a developer of a new generation of cryptographic solutions under the acquisition of licenses. It allows clients and partners to develop secure quantum-safe encryption that can protect anything from consumer and enterprise devices like mobile phones, computers, the Internet of Things, and networking equipment to demanding cloud-based applications, servers, and military devices.

Executives

Marc Rousseau

Director

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