Quantum eMotion

Quantum eMotion Interest Coverage

The Interest Coverage Ratio of Quantum eMotion (QNC.V) as of Nov 11, 2026 is -311.50. In the previous year, Interest Coverage Ratio was -35.12 — a change of 787.02% (lower).

Interest Coverage

-311.50

YoY

787.02%

Last updated:

Interest Coverage Ratio of Quantum eMotion is 2024 -311.50 . Interest Coverage Ratio of Quantum eMotion was 2023 -35.12 . It decreases by 787.02% lower compared to the previous year.

The Quantum eMotion Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-14.92 CAD
Jan 1, 2018
-21.26 CAD
Jan 1, 2019
-150.61 CAD
Jan 1, 2020
-3,990.20 CAD
Jan 1, 2021
-211.99 CAD
Jan 1, 2022
-33.42 CAD
Jan 1, 2023
-35.12 CAD
Jan 1, 2024
-311.50 CAD
The Quantum eMotion Interest Coverage history
YEARInterest CoverageYoY
-311.50+787.02%
-35.12+5.07%
-33.42-84.23%
-211.99-94.69%
-3,990.20+2,549.33%
-150.61+608.49%
-21.26+42.48%
-14.92-101.60%
934.25+135.71%
396.36—

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Quantum eMotion Stock analysis

What does Quantum eMotion do? Quantum eMotion Corp develops quantum random number generators (QRNG) for security applications. The company's QRNG2, an USB key delivering pure entropy at 1.5 Gb/s, is used in consumer electronics, mobile and internet transactions, IoT communication, machine-to-machine connections, networking equipment, and cloud-based applications. QRNG2 technology secures datacenters, blockchain technologies, financial services, cloud-based IT security infrastructure, classified government networks, and secure device keying for IoT, automotive, and consumer electronics. The company's products target security-focused segments including financial services, government networks, and IoT device manufacturers. Quantum eMotion Corp sells its QRNG2 technology to businesses requiring high-security random number generation. The primary buyers are companies in financial services, government networks, and IoT device manufacturing. The USB key format makes QRNG2 accessible for integration into existing security infrastructure without major modifications. QRNG2's 1.5 Gb/s speed meets the demands of high-throughput security applications in cloud-based IT environments. The company's business model relies on selling QRNG2 technology as a hardware solution. QRNG2 is positioned as a critical component for secure communications in sectors like financial services, where transaction security is paramount. The technology's application in blockchain and quantum cryptography further expands its market reach. QRNG2's compatibility with cloud-based IT security infrastructure ensures steady demand from enterprises prioritizing data protection. Quantum eMotion is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Quantum eMotion stock

Interest Coverage Ratio of Quantum eMotion is -311.50 in 2024.

Interest Coverage Ratio of Quantum eMotion changed from -35.12 to -311.50, representing a 787.02% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Quantum eMotion since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Quantum eMotion with sector peers and the industry average to assess whether it is attractive.

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Leverage — Quantum eMotion

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