IonQ (XSWX:IONQ) Interest Coverage: N/A (As of Mar. 2026)


XSWX:IONQ IonQ Inc XSWX:IONQ
52 GF Score
Price CHF40.79
GF Value CHF72.74
! 4 Warning Signs
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What is IonQ 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. IonQ's Operating Income for the three months ended in Mar. 2026 was CHF-271.5 Mil. IonQ's Interest Expense for the three months ended in Mar. 2026 was CHF0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


XSWX:IONQ's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.73
* 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.


IonQ  (XSWX:IONQ) 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 .


IonQ Interest Coverage Related Terms


IonQ Interest Coverage Historical Data

* Premium members only.

The historical data trend for IonQ'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.

IonQ Interest Coverage Chart

IonQ Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 N/A N/A N/A 0.00

IonQ Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only N/A N/A 0.00 0.00 N/A

XSWX:IONQ vs : Interest Coverage Comparison

For the Computer Hardware subindustry, IonQ'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.


IonQ Interest Coverage vs Hardware Industry

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

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


XSWX:IONQ
52GF Score
IonQ Inc XSWX:IONQ
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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IonQ 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.

IonQ's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, IonQ's Interest Expense was CHF-45.7 Mil. Its Operating Income was CHF-633.7 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF21.2 Mil.

IonQ did not have earnings to cover the interest expense.

IonQ's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, IonQ's Interest Expense was CHF0.0 Mil. Its Operating Income was CHF-271.5 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF21.3 Mil.

GuruFocus does not calculate IonQ's interest coverage with the available 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.

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

Is IonQ (XSWX:IONQ) Overvalued in 2026?

Based on GuruFocus' analysis, IonQ stock appears to be undervalued. The current stock price of CHF40.79 is trading 43.9% below its estimated GF Value™ of CHF72.74.

Key valuation signals for XSWX:IONQ:

  • Interest Coverage: N/A
  • GF Value™: CHF72.74 vs. price of CHF40.79 (43.9% below fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the XSWX:IONQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IonQ Business Description

Comparable Companies
Address 4505 Campus Drive, College Park, MD, USA, 20740
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
52GF Score

Get the complete analysis for XSWX:IONQ

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF40.79
Price
CHF72.74
GF Value