Quantum Computing Inc (QUBT) - Net Assets
Based on the latest financial reports, Quantum Computing Inc (QUBT) has net assets worth $1.60 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.62 Billion) and total liabilities ($20.66 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Quantum Computing Inc (QUBT) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.60 Billion |
| % of Total Assets | 98.72% |
| Annual Growth Rate | N/A |
| 5-Year Change | 9764.68% |
| 10-Year Change | N/A |
| Growth Volatility | 529.74 |
Quantum Computing Inc - Net Assets Trend (2008–2025)
This chart illustrates how Quantum Computing Inc's net assets have evolved over time, based on quarterly financial data. Also explore Quantum Computing Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Quantum Computing Inc (2008–2025)
The table below shows the annual net assets of Quantum Computing Inc from 2008 to 2025. For live valuation and market cap data, see QUBT market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.60 Billion | +1389.71% |
| 2024-12-31 | $107.29 Million | +56.16% |
| 2023-12-31 | $68.70 Million | +5.50% |
| 2022-12-31 | $65.12 Million | +301.95% |
| 2021-12-31 | $16.20 Million | +11.16% |
| 2020-12-31 | $14.57 Million | +618.25% |
| 2019-12-31 | $-2.81 Million | -98.48% |
| 2018-12-31 | $-1.42 Million | -139.27% |
| 2012-12-31 | $-592.21K | +30.04% |
| 2011-12-31 | $-846.54K | +17.24% |
| 2010-12-31 | $-1.02 Million | -1097.46% |
| 2009-12-31 | $-85.42K | +86.59% |
| 2008-12-31 | $-636.78K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quantum Computing Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 21145786100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.00K | 0.00% |
| Other Comprehensive Income | $905.00K | 0.06% |
| Other Components | $1.82 Billion | 113.65% |
| Total Equity | $1.60 Billion | 100.00% |
Quantum Computing Inc Competitors by Market Cap
The table below lists competitors of Quantum Computing Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nongshim
KO:004370
|
$1.56 Billion |
|
Hope Bancorp Inc
NASDAQ:HOPE
|
$1.56 Billion |
|
DUERR AG UNSP.ADR 1/5
F:DUEB
|
$1.56 Billion |
|
V-Guard Industries Limited
NSE:VGUARD
|
$1.56 Billion |
|
Shenzhen Center Power Tech Co Ltd
SHE:002733
|
$1.56 Billion |
|
Laobaixing Pharmacy
SHG:603883
|
$1.55 Billion |
|
Select Energy Services Inc
NYSE:WTTR
|
$1.55 Billion |
|
Dynamic Holding Co. Ltd.
TW:3715
|
$1.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quantum Computing Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 107,287,000 to 1,598,265,000, a change of 1,490,978,000 (1389.7%).
- Net loss of 18,674,000 reduced equity.
- New share issuances of 1,475,144,000 increased equity.
- Other comprehensive income increased equity by 905,000.
- Other factors increased equity by 33,603,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.67 Million | -1.17% |
| Share Issuances | $1.48 Billion | +92.3% |
| Other Comprehensive Income | $905.00K | +0.06% |
| Other Changes | $33.60 Million | +2.1% |
| Total Change | $- | 1389.71% |
Book Value vs Market Value Analysis
This analysis compares Quantum Computing Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.95x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $-1.82 | $9.21 | x |
| 2009-12-31 | $-0.24 | $9.21 | x |
| 2010-12-31 | $-2.92 | $9.21 | x |
| 2011-12-31 | $-2.42 | $9.21 | x |
| 2012-12-31 | $-1.69 | $9.21 | x |
| 2017-12-31 | $0.00 | $9.21 | x |
| 2018-12-31 | $-0.30 | $9.21 | x |
| 2019-12-31 | $-0.38 | $9.21 | x |
| 2020-12-31 | $0.52 | $9.21 | x |
| 2021-12-31 | $0.56 | $9.21 | x |
| 2022-12-31 | $1.16 | $9.21 | x |
| 2023-12-31 | $1.03 | $9.21 | x |
| 2024-12-31 | $1.14 | $9.21 | x |
| 2025-12-31 | $9.72 | $9.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quantum Computing Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2738.12%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-1.17%) is above the historical average (-36.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | -196.95% | 2.18x | 0.00x | $-4.14 Million |
| 2009 | 0.00% | -34.98% | 3.59x | 0.00x | $-1.94 Million |
| 2010 | 0.00% | -25.93% | 6.41x | 0.00x | $-898.82K |
| 2011 | 0.00% | 3.78% | 8.52x | 0.00x | $216.10K |
| 2012 | 0.00% | 6.59% | 8.51x | 0.00x | $280.95K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-174.85K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.37 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.10 Million |
| 2020 | -169.71% | 0.00% | 0.00x | 1.05x | $-26.19 Million |
| 2021 | -172.19% | -89304.89% | 0.00x | 1.07x | $-29.52 Million |
| 2022 | -59.26% | -28451.36% | 0.00x | 1.21x | $-45.11 Million |
| 2023 | -39.33% | -7548.04% | 0.00x | 1.08x | $-33.89 Million |
| 2024 | -63.89% | -18375.87% | 0.00x | 1.43x | $-79.27 Million |
| 2025 | -1.17% | -2738.12% | 0.00x | 1.01x | $-178.50 Million |
Industry Comparison
This section compares Quantum Computing Inc's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $238,502,166
- Average return on equity (ROE) among peers: -10.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quantum Computing Inc (QUBT) | $1.60 Billion | 0.00% | 0.01x | $1.56 Billion |
| AGM Group Holdings Inc Class A (AGMH) | $5.72 Million | -147.10% | 0.55x | $1.80 Million |
| AstroNova Inc (ALOT) | $17.60 Million | 60.23% | 0.39x | $66.45 Million |
| Touax SCA (ALPWG) | $67.19 Million | 2.22% | 0.77x | $38.86 Million |
| AMC Robotics Corporation (AMCI) | $70.93 Million | -0.11% | 0.00x | $141.67 Million |
| Arista Networks (ANET) | $1.11 Billion | 16.63% | 0.56x | $178.30 Billion |
| Braiin Limited Common Stock (BRAI) | $-1.13 Million | 0.00% | 0.00x | $507.66 Million |
| BTC Digital Ltd. (BTCT) | $132.97 Million | 39.87% | 0.57x | $11.71 Million |
| Canaan Inc (CAN) | $266.25 Million | -93.80% | 0.74x | $298.34 Million |
| Cricut Inc (CRCT) | $466.76 Million | 13.46% | 0.48x | $229.53 Million |
| Corsair Gaming Inc (CRSR) | $250.90 Million | 4.68% | 1.91x | $596.24 Million |
About Quantum Computing Inc
Quantum Computing Inc., an integrated photonics company, provides quantum machines to commercial and government markets in the United States. The company develops thin-film lithium niobate chips for optical devices, such as electro-optical modulators, periodically poled devices for frequency conversion, and micro-ring resonator cavities markets. It is also developing the entropy quantum computer … Read more