QBTS (D-Wave Quantum) Liabilities-to-Assets : 0.06 (As of Mar. 2026)

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QBTS D-Wave Quantum Inc QBTS
64 GF Score
Price $19.41
GF Value $2.94
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is D-Wave Quantum Liabilities-to-Assets?

D-Wave Quantum QBTS -9.28% 64 Liabilities-to-Assets is 0.06 as of Mar. 2026. GuruFocus rates QBTS with a GF Score™ of 64/100 and a GF Value™ of $2.94 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. D-Wave Quantum's Total Liabilities for the quarter that ended in Mar. 2026 was $75.56 Mil. D-Wave Quantum's Total Assets for the quarter that ended in Mar. 2026 was $1,199.82 Mil. Therefore, D-Wave Quantum's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.06.


D-Wave Quantum  (NAS:QBTS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


D-Wave Quantum Liabilities-to-Assets Related Terms


D-Wave Quantum Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for D-Wave Quantum's Liabilities-to-Assets 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.

D-Wave Quantum Liabilities-to-Assets Chart

D-Wave Quantum Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial 1.62 2.09 1.41 0.69 0.07

D-Wave Quantum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Liabilities-to-Assets 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 0.36 0.18 0.23 0.07 0.06

QBTS vs RGTI, QUBT, BRAI: Liabilities-to-Assets Comparison

For the Computer Hardware subindustry, D-Wave Quantum's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets vs Hardware Industry

For the Hardware industry and Technology sector, D-Wave Quantum's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where D-Wave Quantum's Liabilities-to-Assets falls into.


QBTS
64GF Score
D-Wave Quantum Inc QBTS
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

D-Wave Quantum Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

D-Wave Quantum's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=63.583/915.813
=0.07

D-Wave Quantum's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=75.563/1199.815
=0.06

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.06 mean?
D-Wave Quantum (QBTS) has a Liabilities-to-Assets of 0.06 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on D-Wave Quantum and its competitors.
Is D-Wave Quantum's Liabilities-to-Assets too high?
D-Wave Quantum's current Liabilities-to-Assets is 0.06. Overall, D-Wave Quantum has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-Wave Quantum's Liabilities-to-Assets compare to RGTI and QUBT?
D-Wave Quantum's Liabilities-to-Assets of 0.06 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Hardware company?
A good Liabilities-to-Assets depends on the Hardware industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on D-Wave Quantum and its competitors. D-Wave Quantum's current Liabilities-to-Assets is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-Wave Quantum stock overvalued right now?
Based on GuruFocus' analysis, D-Wave Quantum (QBTS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.94, compared to a current price of $19.41 — trading 560% above its estimated fair value. The current Liabilities-to-Assets is 0.06. D-Wave Quantum's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For D-Wave Quantum (QBTS), the current Liabilities-to-Assets is 0.06 as of Mar. 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.

Is D-Wave Quantum (QBTS) Overvalued in 2026?

Based on GuruFocus' analysis, D-Wave Quantum stock appears to be overvalued. The current stock price of $19.41 is trading 560% above its estimated GF Value™ of $2.94. GuruFocus considers D-Wave Quantum to be Significantly Overvalued.

Key valuation signals for QBTS:

  • Liabilities-to-Assets: 0.06
  • GF Value™: $2.94 vs. price of $19.41 (560% above fair value)
  • GF Score™: 64/100 with 4 warning signs

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


D-Wave Quantum Business Description

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.
64GF Score

Get the complete analysis for QBTS

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

$19.41
Price
$2.94
GF Value