D-Wave Quantum (FRA:RQ0) ROCE % : -150.97% (As of Mar. 2024)

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What is D-Wave Quantum ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. D-Wave Quantum's annualized ROCE % for the quarter that ended in Mar. 2024 was -150.97%.

D-Wave Quantum ROCE % Historical Data

The historical data trend for D-Wave Quantum's ROCE % 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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D-Wave Quantum ROCE % Chart

D-Wave Quantum Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-47.31

-142.20

-357.48

-278.69

D-Wave Quantum Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial									-948.81	-27,174.71	-660.72	-188.49	-150.97

D-Wave Quantum ROCE % Calculation

D-Wave Quantum's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-75.816	/	( ( (25.438 - 15.142)	+	(54.429 - 10.316) )	/ 2 )
	=	-75.816	/	( (10.296	+	44.113)	/ 2 )
	=	-75.816	/	27.2045
	=	-278.69 %

D-Wave Quantum's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-59.512	/	( ( (54.429 - 10.316)	+	(44.717 - 9.991) )	/ 2 )
	=	-59.512	/	( ( 44.113	+	34.726 )	/ 2 )
	=	-59.512	/	39.4195
	=	-150.97 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

D-Wave Quantum (FRA:RQ0) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

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D-Wave Quantum (FRA:RQ0) Business Description

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Traded in Other Exchanges

QBTS:USA RQ0:Germany

Address

3033 Beta Avenue, Burnaby, BC, CAN, V5G 4M9

Website

https://www.dwavesys.com

D-Wave Quantum Inc is engaged in the development and delivery of quantum computing systems, software, and services, and is also a commercial supplier of 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. Geographically, it derives a majority of its revenue from the United States.

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