Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Quantum Computing's share price for the quarter that ended in Sep. 2024 was $0.6529. Quantum Computing's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 94.42 Mil. Therefore, Quantum Computing's market cap for the quarter that ended in Sep. 2024 was $61.64 Mil.
Quantum Computing's quarterly market cap
declined
from Mar. 2024 ($90.44 Mil) to Jun. 2024 ($47.43 Mil) but then
increased
from Jun. 2024 ($47.43 Mil) to Sep. 2024 ($61.64 Mil).
Quantum Computing's annual market cap
declined
from Dec. 2021 ($99.43 Mil) to Dec. 2022 ($84.50 Mil) and
declined
from Dec. 2022 ($84.50 Mil) to Dec. 2023 ($70.72 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Quantum Computing's Enterprise Value for Today is $979.49 Mil.
Quantum Computing Market Cap Historical Data
The historical data trend for Quantum Computing's Market Cap 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.
Competitive Comparison of Quantum Computing's Market Cap
For the Computer Hardware subindustry, Quantum Computing's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Quantum Computing's Market Cap distribution charts can be found below:
* The bar in red indicates where Quantum Computing's Market Cap falls into.
Quantum Computing Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Quantum Computing's Market Cap for the fiscal year that ended in Dec. 2023 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.
Quantum Computing (NAS:QUBT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Quantum Computing Market Cap Related Terms
Thank you for viewing the detailed overview of Quantum Computing's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Quantum Computing Inc is an American company utilizing non-linear quantum optics (optical devices whose output due to quantum effects is exponentially, not linearly, related to inputs) to deliver quantum products for high-performance computing applications. QCi's products are designed to operate at room temperature and use low power at an affordable cost. The Company's portfolio of core technology and products offer new capabilities in the areas of high-performance computing, artificial intelligence, cyber security as well as remote sensing applications.
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