D-Wave Quantum Inc. (QBTS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, D-Wave Quantum Inc. (QBTS) has a cash flow conversion efficiency ratio of -0.040x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-44.96 Million) by net assets ($1.12 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See QBTS net asset quality index to measure how much of total assets are equity-financed.
D-Wave Quantum Inc. - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how D-Wave Quantum Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check D-Wave Quantum Inc. (QBTS) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
D-Wave Quantum Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of D-Wave Quantum Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kirby Corporation
NYSE:KEX
|
-0.023x |
|
PSP SWISS ADR 1/5/SF1050
F:P7S0
|
0.011x |
|
Astor Enerji AS
IS:ASTOR
|
0.068x |
|
Huadong Medicine Co Ltd
SHE:000963
|
0.006x |
|
SARTORIUS AG UNSP.ADR 1/5
F:SRT4
|
0.049x |
|
Everus Construction Group Inc
NYSE:ECG
|
0.209x |
|
E Ink Holdings
TWO:8069
|
0.038x |
|
VinFast Auto Ltd. Ordinary Shares
NASDAQ:VFS
|
0.134x |
Annual Cash Flow Conversion Efficiency for D-Wave Quantum Inc. (2020–2025)
The table below shows the annual cash flow conversion efficiency of D-Wave Quantum Inc. from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see market value of D-Wave Quantum Inc..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $852.23 Million | $-71.98 Million | -0.084x | +87.59% |
| 2024-12-31 | $62.65 Million | $-42.64 Million | -0.681x | -127.48% |
| 2023-12-31 | $-24.48 Million | $-60.65 Million | 2.477x | +61.39% |
| 2022-12-31 | $-29.46 Million | $-45.23 Million | 1.535x | -19.03% |
| 2021-12-31 | $-18.36 Million | $-34.80 Million | 1.896x | +311.86% |
| 2020-12-31 | $32.73 Million | $-29.29 Million | -0.895x | -- |
About D-Wave Quantum Inc.
D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services,… Read more