GURUFOCUS.COM » STOCK LIST » Technology » Hardware » D-Wave Quantum Inc (NYSE:QBTS) » Definitions » Effective Interest Rate on Debt %

QBTS (D-Wave Quantum) Effective Interest Rate on Debt % : 3.59% (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is D-Wave Quantum Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. D-Wave Quantum's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $1.67 Mil. D-Wave Quantum's average total debt for the quarter that ended in Dec. 2024 was $46.50 Mil. Therefore, D-Wave Quantum's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.59%.


D-Wave Quantum Effective Interest Rate on Debt % Historical Data

The historical data trend for D-Wave Quantum's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

D-Wave Quantum Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
111.12 18.21 5.72 0.06 7.02

D-Wave Quantum Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.89 6.31 6.43 7.43 3.59

Competitive Comparison of D-Wave Quantum's Effective Interest Rate on Debt %

For the Computer Hardware subindustry, D-Wave Quantum's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.


D-Wave Quantum's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, D-Wave Quantum's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where D-Wave Quantum's Effective Interest Rate on Debt % falls into.


;
;

D-Wave Quantum Effective Interest Rate on Debt % Calculation

D-Wave Quantum's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -3.897/( (72.651+38.377)/ 2 )
=-1  *  -3.897/55.514
=7.02 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=70.878 + 1.773
=72.651

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.517 + 1.86
=38.377

D-Wave Quantum's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -1.668/( (54.629+38.377)/ 2 )
=-1  *  -1.668/46.503
=3.59 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=38.979 + 15.65
=54.629

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.517 + 1.86
=38.377

* 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


D-Wave Quantum  (NYSE:QBTS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


D-Wave Quantum Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of D-Wave Quantum's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


D-Wave Quantum Business Description

Industry
Traded in Other Exchanges
Address
2650 East Bayshore Road, Palo Alto, CA, USA, 94303
D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model 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. Its annealing quantum computers are accessible through the company's LeapTM cloud service.
Executives
John M. Markovich officer: Chief Financial Officer 3033 BETA AVENUE, BURNABY A1 V5G 4M9
Diane Nguyen officer: General Counsel 3033 BETA AVENUE, BURNABY A1 V5G4M9
Alan E Baratz director, officer: President & CEO 3033 BETA AVENUE, BURNABY A1 V5G 4M9
Public Sector Pension Investment Board 10 percent owner 1250 RENE-LEVESQUE BLVD WEST, SUITE 1400, MONTREAL A8 H3B 5E9
Emil Michael director C/O DPCM CAPITAL, INC., 382 NE 191 STREET, # 24148, MIAMI FL 33179
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