XNDU (Xanadu Quantum Technologies) Debt-to-Equity: 0.19 (As of Jun. 2026) — 21% Below Median

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XNDU Xanadu Quantum Technologies Ltd XNDU
12 GF Score
Price $8.62
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What is Xanadu Quantum Technologies Debt-to-Equity?

Xanadu Quantum Technologies XNDU -3.90% 12 Debt-to-Equity is 0.19 as of Jun. 2026, which is 21% below its 10-year median of 0.24. GuruFocus rates XNDU with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 2,246 Software companies, Xanadu Quantum Technologies ranks better than 52.85% on this metric.

Xanadu Quantum Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1.18 Mil. Xanadu Quantum Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $57.96 Mil. Xanadu Quantum Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $313.08 Mil. Xanadu Quantum Technologies's debt to equity for the quarter that ended in Jun. 2026 was 0.19.

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

XNDU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.24   Max: 1.57
Current: 0.19

During the past 3 years, the highest Debt-to-Equity Ratio of Xanadu Quantum Technologies was 1.57. The lowest was 0.13. And the median was 0.24.

XNDU's Debt-to-Equity is ranked better than
52.85% of 2246 companies
in the Software industry
Industry Median: 0.2 vs XNDU: 0.19

Xanadu Quantum Technologies  (NAS:XNDU) 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.


Xanadu Quantum Technologies Debt-to-Equity Related Terms


Xanadu Quantum Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Xanadu Quantum Technologies'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.

Xanadu Quantum Technologies Debt-to-Equity Chart

Xanadu Quantum Technologies Annual Data
Trend Dec23 Dec24 Dec25
Debt-to-Equity
0.13 0.28 1.57

Xanadu Quantum Technologies Quarterly Data
Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only N/A 0.79 1.57 0.15 0.19

XNDU vs MSFT, PLTR, ORCL: Debt-to-Equity Comparison

For the Software - Infrastructure subindustry, Xanadu Quantum Technologies'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.


Xanadu Quantum Technologies Debt-to-Equity vs Software Industry

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

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


XNDU
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Xanadu Quantum Technologies Ltd XNDU
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Xanadu Quantum Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xanadu Quantum Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Xanadu Quantum Technologies's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.19 mean?
Xanadu Quantum Technologies (XNDU) has a Debt-to-Equity of 0.19 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Xanadu Quantum Technologies and its competitors. This is 21% below median its historical median of 0.24. Over the past decade, Xanadu Quantum Technologies' Debt-to-Equity has ranged from 0.13 to 1.57. According to the industry distribution chart, Xanadu Quantum Technologies ranks #1059 out of 2246 companies in the Software industry, placing it in the top 47.2%.
Is Xanadu Quantum Technologies' Debt-to-Equity too high?
Xanadu Quantum Technologies' current Debt-to-Equity of 0.19 is 21% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.57. The Software industry median Debt-to-Equity is 0.20. Xanadu Quantum Technologies' value of 0.19 is 5% below this industry median. Based on the distribution chart, Xanadu Quantum Technologies ranks #1059 out of 2246 companies in the Software industry, which is above the industry midpoint. Overall, Xanadu Quantum Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Xanadu Quantum Technologies' Debt-to-Equity compare to MSFT and PLTR?
According to the Software industry distribution chart, Xanadu Quantum Technologies ranks #1059 out of 2246 companies for Debt-to-Equity. This puts Xanadu Quantum Technologies in the upper half of its industry. The industry median Debt-to-Equity is 0.20. Xanadu Quantum Technologies' value of 0.19 is 5% below this benchmark. Historically, Xanadu Quantum Technologies' own Debt-to-Equity has ranged from 0.13 to 1.57 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.20, Xanadu Quantum Technologies 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,246 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. Xanadu Quantum Technologies's current Debt-to-Equity of 0.19 is 5% 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 Xanadu Quantum Technologies and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xanadu Quantum Technologies's current Debt-to-Equity is 0.19, which is 21% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xanadu Quantum Technologies stock overvalued right now?
Xanadu Quantum Technologies (XNDU) has a current Debt-to-Equity of 0.19. The current Debt-to-Equity is 0.19, which is 21% below median its 10-year median of 0.24 and 5% below the Software industry median of 0.20. Xanadu Quantum Technologies' overall GF Score™ is 12/100 with 1 warning sign to review. 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 Xanadu Quantum Technologies (XNDU), the current Debt-to-Equity is 0.19 as of Jun. 2026. 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.

Xanadu Quantum Technologies Business Description

Other Exchanges 6B4:GermanyXNDU:Canada
Address 777 Bay Street, Suite 2400, Toronto, ON, CAN, M5G 2C8
Xanadu Quantum Technologies Ltd specializes in designing photonic devices and the platforms around them, including the experimentation and development of quantum computers available on the cloud with supporting software, along with quantum simulators and other related products and offerings. Its products include: Aurora, PennyLane, Catalyst, Lightning, Catalyst and PennyLane Codebook. The company operates in industries such as automotive, aerospace, energy, materials, and semiconductor sectors.
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