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 -0.028x as of September 2025. 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 ($-19.05 Million) by net assets ($670.55 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
D-Wave Quantum Inc. - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how D-Wave Quantum Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read D-Wave Quantum Inc. debt and liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
99 Speed Mart Retail Holdings Berhad
KLSE:5326
|
0.085x |
|
LKQ Corporation
NASDAQ:LKQ
|
0.050x |
|
Bid Corporation Ltd
JSE:BID
|
0.182x |
|
Cirrus Logic Inc
NASDAQ:CRUS
|
0.135x |
|
Jackson Financial Inc
NYSE:JXN
|
0.157x |
|
Beijing Wantai Biological Pharmacy Enterprise Co Ltd
SHG:603392
|
0.010x |
|
Armstrong World Industries Inc
NYSE:AWI
|
0.138x |
|
ASHTEAD UNSP.ADR/4 LS-10
F:0LCA
|
N/A |
Annual Cash Flow Conversion Efficiency for D-Wave Quantum Inc. (2020–2024)
The table below shows the annual cash flow conversion efficiency of D-Wave Quantum Inc. from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see QBTS market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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. develops and delivers quantum computing systems, software, and services worldwide. The company offers 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. It also provi… Read more