D-Wave Quantum Inc. (QBTS) — Cash Flow-to-Debt Ratio

Latest as of September 2025: -0.10x

D-Wave Quantum Inc. (QBTS) has a Cash Flow-to-Debt Ratio of -0.10x as of September 2025, meaning its operating cash flow of $-19.05 Million could theoretically repay 0% of its total liabilities ($195.27 Million) in one year. See D-Wave Quantum Inc. free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

-0.10x
Operating CF / Total Liabilities

Operating Cash Flow

$-19.05 Million
USD

Total Liabilities

$195.27 Million
USD

Data as of

Sep 2025
Most recent filing

D-Wave Quantum Inc. Cash Flow-to-Debt Ratio (2020–2024)

Historical debt coverage capacity for D-Wave Quantum Inc. across 5 annual periods. Also explore D-Wave Quantum Inc. annual equity growth to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for D-Wave Quantum Inc. (2020–2024)

Year-by-year debt coverage analysis for D-Wave Quantum Inc.. For market capitalisation and broader financial context, see market cap of D-Wave Quantum Inc..

Year CF-to-Debt Ratio Operating CF (USD) Total Liabilities YoY Change
2024 -0.31x $-42.64 Million $137.21 Million ▲ +57.0%
2023 -0.72x $-60.65 Million $83.84 Million ▲ +9.8%
2022 -0.80x $-45.23 Million $56.41 Million ▼ -10.2%
2021 -0.73x $-34.80 Million $47.82 Million ▲ +63.4%
2020 -1.99x $-29.29 Million $14.73 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.