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QUBT (Quantum Computing) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Quantum Computing Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Quantum Computing's Operating Income for the three months ended in Mar. 2025 was $-8.29 Mil. Quantum Computing's Interest Expense for the three months ended in Mar. 2025 was $-0.06 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Quantum Computing's Interest Coverage or its related term are showing as below:


QUBT's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.08
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Quantum Computing Interest Coverage Historical Data

The historical data trend for Quantum Computing's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Quantum Computing Interest Coverage Chart

Quantum Computing Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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Quantum Computing Quarterly Data
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Competitive Comparison of Quantum Computing's Interest Coverage

For the Computer Hardware subindustry, Quantum Computing's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Computing's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Quantum Computing's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Quantum Computing's Interest Coverage falls into.


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Quantum Computing Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Quantum Computing's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Quantum Computing's Interest Expense was $-2.50 Mil. Its Operating Income was $-25.94 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.18 Mil.

Quantum Computing did not have earnings to cover the interest expense.

Quantum Computing's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Quantum Computing's Interest Expense was $-0.06 Mil. Its Operating Income was $-8.29 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.06 Mil.

Quantum Computing did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Quantum Computing  (NAS:QUBT) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Quantum Computing Interest Coverage Related Terms

Thank you for viewing the detailed overview of Quantum Computing's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Quantum Computing Business Description

Traded in Other Exchanges
Address
No.5 Marine View Plaza, Suite 214, Hoboken, NJ, USA, 07030
Quantum Computing Inc is an integrated photonics and quantum optics technology company that provides accessible and affordable quantum machines to the world today. Its products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offer capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications.
Executives
Yuping Huang director, 10 percent owner, officer: Chief Quantum Tech. Officer 815 BLANCH AVENUE, NORWOOD NJ 07648
Robert Liscouski director, 10 percent owner, officer: President, CEO C/O IMPLANT SCIENCES CORPORATION, 500 RESEARCH DRIVE, WILMINGTON MA 01887
Christopher Boehmler officer: Chief Financial Officer 1350 E CAPITOL ST NE, WASHINGTON DC 20003
Carl Scott Weimer director 4751 SUMMERLIN PLACE, LONGMONT CO 80503
Michael C Turmelle director 27 COUNTRY FARM WAY, STRATHAM NH 03885
William J Mcgann director C/O IMPLANT SCIENCE CORPORATION, 500 RESEARCH DRIVE, WILMINGTON MA 01887
David Charles Morris officer: Chief Revenue Officer 144 DIABLO RANCH COURT, DANVILLE CA 94506
Robert B Fagenson director FAGENSON & CO. INC, 60 BROAD STREET, NEW YORK NY 10004
Bertrand Velge director, 10 percent owner BARNHOUSE FARM, BARNHOUSE LANE BROOKLAND, ROMNEY MARSH, KENT X0 TN299TR
Justin Schreiber director 236 FIFTH AVENUE, SUITE 400, NEW YORK NY 10001
Christopher Bruce Roberts director, officer: Chief Financial Officer 1014 PRIRY PLACE, MCLEAN VA 22101
Peter Anthony Schultz 10 percent owner P.O. BOX 9024120, SAN JUAN PR 00902