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Arqit Quantum (Arqit Quantum) Debt-to-Equity : 0.13 (As of Sep. 2023)


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What is Arqit Quantum Debt-to-Equity?

Arqit Quantum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.12 Mil. Arqit Quantum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.28 Mil. Arqit Quantum's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $66.65 Mil. Arqit Quantum's debt to equity for the quarter that ended in Sep. 2023 was 0.13.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Arqit Quantum's Debt-to-Equity or its related term are showing as below:

ARQQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 1.31   Max: 5.87
Current: 0.13

During the past 5 years, the highest Debt-to-Equity Ratio of Arqit Quantum was 5.87. The lowest was 0.10. And the median was 1.31.

ARQQ's Debt-to-Equity is ranked better than
60.32% of 2223 companies
in the Software industry
Industry Median: 0.21 vs ARQQ: 0.13

Arqit Quantum Debt-to-Equity Historical Data

The historical data trend for Arqit Quantum's Debt-to-Equity 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.

* Premium members only.

Arqit Quantum Debt-to-Equity Chart

Arqit Quantum Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
2.49 5.87 - 0.10 0.13

Arqit Quantum Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-Equity Get a 7-Day Free Trial - 0.16 0.10 0.11 0.13

Competitive Comparison of Arqit Quantum's Debt-to-Equity

For the Software - Infrastructure subindustry, Arqit Quantum's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Arqit Quantum's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Arqit Quantum's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Arqit Quantum's Debt-to-Equity falls into.



Arqit Quantum Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arqit Quantum's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Arqit Quantum's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Arqit Quantum  (NAS:ARQQ) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Arqit Quantum Debt-to-Equity Related Terms

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Arqit Quantum (Arqit Quantum) Business Description

Traded in Other Exchanges
N/A
Address
Nova North, 11 Bressenden Place, 7th floor, London, GBR, SW1E 5BY
Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology which makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. Arqit delivers its symmetric key agreement technology via its QuantumCloud. Its product, QuantumCloud, enables any device to download a lightweight software agent, which can create keys in partnership with any other device. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. Key revenue comes from the UK.

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