HQ (Horizon Quantum Holdings) Asset Turnover: 0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HQ Horizon Quantum Holdings Ltd HQ
12 GF Score
Price $14.04
! 2 Warning Signs
View Full Analysis

What is Horizon Quantum Holdings Asset Turnover?

Horizon Quantum Holdings HQ -1.29% 12 Asset Turnover is 0.00 as of Jun. 2026. GuruFocus rates HQ with a GF Score™ of 12/100. The stock has 2 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Horizon Quantum Holdings's Revenue for the six months ended in Jun. 2026 was $0.00 Mil. Horizon Quantum Holdings's Total Assets for the quarter that ended in Jun. 2026 was $64.44 Mil. Therefore, Horizon Quantum Holdings's Asset Turnover for the quarter that ended in Jun. 2026 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Horizon Quantum Holdings's annualized ROE % for the quarter that ended in Jun. 2026 was -1,218.02%. It is also linked to ROA % through Du Pont Formula. Horizon Quantum Holdings's annualized ROA % for the quarter that ended in Jun. 2026 was -368.67%.


Horizon Quantum Holdings  (NAS:HQ) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Horizon Quantum Holdings's annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=-237.574/19.505
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-237.574 / 0)*(0 / 64.441)*(64.441/ 19.505)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*3.3038
=ROA %*Equity Multiplier
=-368.67 %*3.3038
=-1,218.02 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2026) net income data. The Revenue data used here is two times the semi-annual (Jun. 2026) revenue 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 ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Horizon Quantum Holdings's annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=-237.574/64.441
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-237.574 / 0)*(0 / 64.441)
=Net Margin %*Asset Turnover
= %*0
=-368.67 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2026) net income data. The Revenue data used here is two times the semi-annual (Jun. 2026) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Horizon Quantum Holdings Asset Turnover Related Terms


Horizon Quantum Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Horizon Quantum Holdings's Asset Turnover 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.

Horizon Quantum Holdings Asset Turnover Chart

Horizon Quantum Holdings Annual Data
Trend Dec23 Dec24 Dec25
Asset Turnover
0.00 0.02 0.00

Horizon Quantum Holdings Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Asset Turnover Get a 7-Day Free Trial 0.00 0.03 0.01 0.00 0.00

HQ vs CGNT, RPD, OSPN: Asset Turnover Comparison

For the Software - Infrastructure subindustry, Horizon Quantum Holdings's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


Horizon Quantum Holdings Asset Turnover vs Software Industry

For the Software industry and Technology sector, Horizon Quantum Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Horizon Quantum Holdings's Asset Turnover falls into.


HQ
12GF Score
Horizon Quantum Holdings Ltd HQ
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Horizon Quantum Holdings Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Horizon Quantum Holdings's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=0/( (8.753+4.836)/ 2 )
=0/6.7945
=0.00

Horizon Quantum Holdings's Asset Turnover for the quarter that ended in Jun. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Jun. 2026 ))/ count )
=0/( (4.836+124.046)/ 2 )
=0/64.441
=0.00

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Horizon Quantum Holdings (HQ) has a Asset Turnover of 0.00 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Horizon Quantum Holdings and its competitors.
Is Horizon Quantum Holdings' Asset Turnover too high?
Horizon Quantum Holdings' current Asset Turnover is 0.00. Overall, Horizon Quantum Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Quantum Holdings' Asset Turnover compare to CGNT and RPD?
Horizon Quantum Holdings' Asset Turnover of 0.00 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Software company?
A good Asset Turnover depends on the Software industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Horizon Quantum Holdings and its competitors. Horizon Quantum Holdings's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Quantum Holdings stock overvalued right now?
Horizon Quantum Holdings (HQ) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Horizon Quantum Holdings' overall GF Score™ is 12/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Horizon Quantum Holdings (HQ), the current Asset Turnover is 0.00 as of Jun. 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.

Horizon Quantum Holdings Business Description

Address 29 Media Circle No. 05-22, Singapore, SGP, 138565
Horizon Quantum Holdings Ltd is building software infrastructure to make quantum computers accessible to commercial enterprises and hardware providers. By bridging the gap between hardware and applications, the company seeks to equip developers, researchers, and enterprises with the quantum software infrastructure needed to solve real-world problems. The company is developing tools that can automatically accelerate code written for conventional computers on quantum computers.
12GF Score

Get the complete analysis for HQ

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

$14.04
Price