IONQ Inc
IonQ, Inc. develops quantum computers and networks in the United States. It sells access to quantum computers of various qubit capacities. The company also makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. The company engages in quantum-saf… Read more
IONQ Inc (IONQ) - Net Assets
Latest net assets as of September 2025: $2.29 Billion USD
Based on the latest financial reports, IONQ Inc (IONQ) has net assets worth $2.29 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.32 Billion) and total liabilities ($2.03 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.29 Billion |
| % of Total Assets | 52.97% |
| Annual Growth Rate | 43.07% |
| 5-Year Change | 614.79% |
| 10-Year Change | N/A |
| Growth Volatility | 405.95 |
IONQ Inc - Net Assets Trend (2019–2024)
This chart illustrates how IONQ Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for IONQ Inc (2019–2024)
The table below shows the annual net assets of IONQ Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $383.86 Million | -20.85% |
| 2023-12-31 | $484.99 Million | -14.65% |
| 2022-12-31 | $568.21 Million | -3.89% |
| 2021-12-31 | $591.23 Million | +1000.93% |
| 2020-12-31 | $53.70 Million | -16.07% |
| 2019-12-31 | $63.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IONQ 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 65953900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.00K | 0.01% |
| Other Comprehensive Income | $157.00K | 0.04% |
| Other Components | $1.07 Billion | 278.07% |
| Total Equity | $383.86 Million | 100.00% |
IONQ Inc Competitors by Market Cap
The table below lists competitors of IONQ Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ionis Pharmaceuticals Inc
NASDAQ:IONS
|
$11.61 Billion |
|
Hanwha Ocean Co., Ltd
KO:042660
|
$11.62 Billion |
|
Sumitomo Electric Industries Ltd
PINK:SMTOF
|
$11.62 Billion |
|
Trade Desk Inc
NASDAQ:TTD
|
$11.63 Billion |
|
Bajaj Auto Limited
NSE:BAJAJ-AUTO
|
$11.57 Billion |
|
Nova Minerals Limited Warrant
NASDAQ:NVAWW
|
$11.57 Billion |
|
ASR Nederland NV
AS:ASRNL
|
$11.56 Billion |
|
Nova Measuring Instruments Ltd
F:NMR
|
$11.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IONQ Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 484,994,000 to 383,862,000, a change of -101,132,000 (-20.9%).
- Net loss of 331,647,000 reduced equity.
- Other comprehensive income increased equity by 2,124,000.
- Other factors increased equity by 228,391,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-331.65 Million | -86.4% |
| Other Comprehensive Income | $2.12 Million | +0.55% |
| Other Changes | $228.39 Million | +59.5% |
| Total Change | $- | -20.85% |
Book Value vs Market Value Analysis
This analysis compares IONQ 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: 18.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.07x to 18.47x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $16.06 | $33.29 | x |
| 2020-12-31 | $0.28 | $33.29 | x |
| 2021-12-31 | $3.05 | $33.29 | x |
| 2022-12-31 | $2.87 | $33.29 | x |
| 2023-12-31 | $2.39 | $33.29 | x |
| 2024-12-31 | $1.80 | $33.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IONQ 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): -86.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -769.96%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.32x
- Recent ROE (-86.40%) is below the historical average (-31.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -13.96% | -4467.50% | 0.00x | 1.02x | $-15.33 Million |
| 2020 | -28.72% | -10786.01% | 0.00x | 1.13x | $-20.79 Million |
| 2021 | -17.96% | -5058.89% | 0.00x | 1.09x | $-165.31 Million |
| 2022 | -8.54% | -435.82% | 0.02x | 1.05x | $-105.33 Million |
| 2023 | -32.53% | -715.77% | 0.04x | 1.14x | $-206.27 Million |
| 2024 | -86.40% | -769.96% | 0.08x | 1.32x | $-370.03 Million |
Industry Comparison
This section compares IONQ Inc's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $385,959,935,977
- Average return on equity (ROE) among peers: 0.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IONQ Inc (IONQ) | $2.29 Billion | -13.96% | 0.89x | $11.58 Billion |
| Acer Incorporated (ACEYY) | $75.03 Billion | -3.88% | 2.02x | $3.26 Billion |
| AGM Group Holdings Inc Class A (AGMH) | $30.44 Million | 37.69% | 3.11x | $2.22 Million |
| AstroNova Inc (ALOT) | $9.30 Million | 9.68% | 0.59x | $46.95 Million |
| Arista Networks (ANET) | $7.22 Billion | 28.91% | 0.38x | $140.80 Billion |
| Bgin Blockchain Limited Class A Ordinary Shares (BGIN) | $9.12 Million | -2.42% | 0.30x | $27.82K |
| Braiin Limited Common Stock (BRAI) | $-2.83 Million | 0.00% | 0.00x | $38.04 Million |
| BTC Digital Ltd. (BTCT) | $19.44 Million | -14.53% | 0.26x | $9.47 Million |
| Canon Inc. (CAJPY) | $3.78 Trillion | 9.22% | 0.63x | $24.42 Billion |
| Canaan Inc (CAN) | $543.31 Million | 56.77% | 0.63x | $346.91 Million |
| CCUR Holdings Inc (CCUR) | $35.00 Million | -113.71% | 2.52x | $6.74 Million |