D-Wave Quantum Inc. (QBTS) - Total Assets
Based on the latest financial reports, D-Wave Quantum Inc. (QBTS) holds total assets worth $865.82 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See D-Wave Quantum Inc. (QBTS) net assets for net asset value and shareholders' equity analysis.
D-Wave Quantum Inc. - Total Assets Trend (2020–2024)
This chart illustrates how D-Wave Quantum Inc.'s total assets have evolved over time, based on quarterly financial data.
D-Wave Quantum Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
D-Wave Quantum Inc.'s total assets of $865.82 Million consist of 92.6% current assets and 7.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 89.1% |
| Accounts Receivable | $1.42 Million | 0.7% |
| Inventory | $1.69 Million | 0.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $490.00K | 0.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how D-Wave Quantum Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see D-Wave Quantum Inc. (QBTS) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: D-Wave Quantum Inc.'s current assets represent 92.6% of total assets in 2024, an increase from 87.0% in 2020.
- Cash Position: Cash and equivalents constituted 89.1% of total assets in 2024, up from 45.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 0.8% of total assets.
D-Wave Quantum Inc. Competitors by Total Assets
Key competitors of D-Wave Quantum Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wistron Corp
TW:3231
|
Taiwan | NT$960.47 Billion |
|
Robotis Co.Ltd
KQ:108490
|
Korea | ₩107.70 Billion |
|
Braiin Limited Common Stock
NASDAQ:BRAI
|
USA | $290.28 Million |
|
ASolid Technology Co Ltd
TWO:6485
|
Taiwan | NT$2.12 Billion |
|
Sun Max Tech Ltd
TW:6591
|
Taiwan | NT$3.52 Billion |
|
Aroot Co. Ltd
KQ:096690
|
Korea | ₩193.42 Billion |
|
Artois Nom.
PA:ARTO
|
France | €2.27 Billion |
|
Rocketdna Ltd
AU:RKT
|
Australia | AU$8.10 Million |
D-Wave Quantum Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 54.68 | 1.36 | 0.04 |
| Quick Ratio | 54.49 | 1.28 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $832.63 Million | $9.25 Million | $-32.66 Million |
D-Wave Quantum Inc. - Advanced Valuation Insights
This section examines the relationship between D-Wave Quantum Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 10.85 |
| Latest Market Cap to Assets Ratio | 36.40 |
| Asset Growth Rate (YoY) | 236.7% |
| Total Assets | $199.85 Million |
| Market Capitalization | $7.27 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values D-Wave Quantum Inc.'s assets at a significant premium (36.40x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: D-Wave Quantum Inc.'s assets grew by 236.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for D-Wave Quantum Inc. (2020–2024)
The table below shows the annual total assets of D-Wave Quantum Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $199.85 Million | +236.70% |
| 2023-12-31 | $59.36 Million | +120.27% |
| 2022-12-31 | $26.95 Million | -8.56% |
| 2021-12-31 | $29.47 Million | -37.91% |
| 2020-12-31 | $47.46 Million | -- |
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