D-Wave Quantum Inc. cash flow to debt ratio of -165.64% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.

D-Wave Quantum Inc.'s free cash flow has decreased 69.49% from $-44.75M last year to $-75.84M, signaling decreasing performance

D-Wave Quantum Inc.'s debt to equity ratio is 0.04, which means that the company's assets are healthy financed, signaling financial stability.

D-Wave Quantum Inc.'s debt has decreased relative to shareholder equity from 0.61 last year to 0.04 today, signaling strengthened financials

D-Wave Quantum Inc. has a net cash position, so leverage is healthy.

D-Wave Quantum Inc. earns at least as much interest as it pays. Interest obligations are fully covered.

D-Wave Quantum Inc.'s profit margin has decreased (22.80%) in the last year from -1.63K% to -2.00K%, signaling decreasing performance

D-Wave Quantum Inc.'s short-term assets of $896.23M exceed its short-term liabilities of $21.15M

D-Wave Quantum Inc.'s return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization

D-Wave Quantum Inc.'s return on equity of -26.67%, is lower than 15.00%, indicating bad performance

D-Wave Quantum Inc.'s operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation

D-Wave Quantum Inc. had positive net income in only 0 out of 5 years, indicating unstable earnings

D-Wave Quantum Inc. has negative free cash flow, indicating the company is burning cash rather than generating it

D-Wave Quantum Inc. has negative free cash flow, indicating cash burn

D-Wave Quantum Inc.'s yearly earnings has decreased 146.78% since last year from $-143.88M to $-355.06M, signaling decreasing performance

D-Wave Quantum Inc.'s yearly revenue has increased 178.54% since last year from $8.83M to $24.59M, signaling increasing performance

ROIC -13.52% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.

D-Wave Quantum Inc.'s 3-year revenue CAGR of 50.78% is positive, indicating growing revenue over the past 3 years

D-Wave Quantum Inc. had revenue growth in 5 out of 5 years, indicating consistent revenue performance

D-Wave Quantum Inc. had positive ROE in only 0 out of 5 years, indicating inconsistent returns on equity

D-Wave Quantum Inc. is overvalued relative to its fair value price of 0.59 based on Discounted Cash Flow model

D-Wave Quantum Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

D-Wave Quantum Inc. is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model

D-Wave Quantum Inc. has negative or missing EBITDA, making EV/EBITDA ratio unreliable

D-Wave Quantum Inc. has insufficient data to evaluate this check.

D-Wave Quantum Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

D-Wave Quantum Inc. has a price-to-book ratio of 6.91x, which exceeds the 5.00x threshold, indicating the stock may be overvalued relative to its book value

D-Wave Quantum Inc. has a price-to-sales ratio of 999.00x, which exceeds the 8.00x threshold, indicating the stock may be overvalued relative to its revenue