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IonQ (IONQ) Net Debt Paydown Yield % : -0.15% (As of May. 05, 2024)


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What is IonQ Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, IonQ's Net Debt Paydown Yield % was -0.15%.


IonQ Net Debt Paydown Yield % Historical Data

The historical data trend for IonQ's Net Debt Paydown Yield % 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.

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IonQ Net Debt Paydown Yield % Chart

IonQ Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Debt Paydown Yield %
- - 0.02 -0.11

IonQ Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 -0.03 -0.04 -0.06 -0.11

Competitive Comparison of IonQ's Net Debt Paydown Yield %

For the Computer Hardware subindustry, IonQ's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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's Net Debt Paydown Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, IonQ's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where IonQ's Net Debt Paydown Yield % falls into.



IonQ Net Debt Paydown Yield % Calculation

IonQ's Net Debt Paydown Yield % for the quarter that ended in Dec. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 4.11-6.94 )/2559.92268
=-0.11 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


IonQ  (NYSE:IONQ) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


IonQ Net Debt Paydown Yield % Related Terms

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IonQ (IONQ) Business Description

Industry
Traded in Other Exchanges
N/A
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.
Executives
Rima Alameddine officer: Chief Revenue Officer C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Peter Hume Chapman director, officer: President and CEO C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Jungsang Kim director, officer: Chief Strategy Officer C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Thomas G. Kramer officer: Chief Financial Officer C/O OPOWER, INC., 1515 NORTH COURTHOUSE ROAD, 8TH FLOOR, ARLINGTON VA 22201
Christopher Monroe officer: Chief Scientist C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Laurie A. Babinski officer: General Counsel and Secretary C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Wendy Thomas director C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Kathryn K. Chou director C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
New Enterprise Associates 15, L.p. 10 percent owner 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Gv 2016 Gp, L.l.c. 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW MA 94043
Inder M Singh director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Harry L. You director, 10 percent owner, officer: Chairman EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
2019, L.p. Gv 10 percent owner 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Gv 2019 Gp, L.p. 10 percent owner 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Gv 2019 Gp, L.l.c. 10 percent owner 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043