Riot Platforms Balance Sheet Health
Financial Health criteria checks 5/6
Riot Platforms has a total shareholder equity of $2.5B and total debt of $700.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are $2.6B and $135.8M respectively. Riot Platforms's EBIT is $13.1M making its interest coverage ratio -0.7. It has cash and short-term investments of $688.5M.
Key information
0.03%
Debt to equity ratio
US$700.00k
Debt
| Interest coverage ratio | -0.7x |
| Cash | US$688.50m |
| Equity | US$2.48b |
| Total liabilities | US$135.84m |
| Total assets | US$2.61b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AP4N's short term assets ($785.1M) exceed its short term liabilities ($92.6M).
Long Term Liabilities: AP4N's short term assets ($785.1M) exceed its long term liabilities ($43.2M).
Debt to Equity History and Analysis
Debt Level: AP4N has more cash than its total debt.
Reducing Debt: AP4N had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AP4N's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AP4N earns more interest than it pays, so coverage of interest payments is not a concern.