Balance Sheet Insights: Arqit Quantum Inc (ARQQ)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Arqit Quantum Inc (NASDAQ: ARQQ) closed at $0.31 down -7.46% from its previous closing price of $0.34. In other words, the price has decreased by -$7.46 from its previous closing price. On the day, 1.72 million shares were traded. ARQQ stock price reached its highest trading level at $0.341 during the session, while it also had its lowest trading level at $0.3007.

Ratios:

For a deeper understanding of Arqit Quantum Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.34.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Deutsche Bank on July 19, 2022, initiated with a Hold rating and assigned the stock a target price of $7.

On April 26, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $16.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARQQ now has a Market Capitalization of 56107012 and an Enterprise Value of 37925044. For the stock, the TTM Price-to-Sale (P/S) ratio is 70.57 while its Price-to-Book (P/B) ratio in mrq is 3.36. Its current Enterprise Value per Revenue stands at 51.25 whereas that against EBITDA is -0.613.

Stock Price History:

The Beta on a monthly basis for ARQQ is 1.20, which has changed by -0.7372881 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, ARQQ has reached a high of $1.51, while it has fallen to a 52-week low of $0.33. The 50-Day Moving Average of the stock is -28.04%, while the 200-Day Moving Average is calculated to be -41.67%.

Shares Statistics:

For the past three months, ARQQ has traded an average of 1.70M shares per day and 747180 over the past ten days. A total of 163.55M shares are outstanding, with a floating share count of 63.20M. Insiders hold about 62.47% of the company’s shares, while institutions hold 5.34% stake in the company. Shares short for ARQQ as of 1715731200 were 4300034 with a Short Ratio of 2.23, compared to 1713139200 on 3749337. Therefore, it implies a Short% of Shares Outstanding of 4300034 and a Short% of Float of 4.4899996.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$0.17 and -$0.17 for the fiscal current year, implying an average EPS of -$0.17. EPS for the following year is -$0.08, with 1.0 analysts recommending between -$0.08 and -$0.08.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for ARQQ’s current fiscal year. The highest revenue estimate was $2.77M, while the lowest revenue estimate was $2.77M, resulting in an average revenue estimate of $2.77M. In the same quarter a year ago, actual revenue was $693kBased on 1 analysts’ estimates, the company’s revenue will be $10.39M in the next fiscal year. The high estimate is $10.39M and the low estimate is $10.39M.

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