Riot Platforms Balance Sheet Health
Financial Health criteria checks 5/6
Riot Platforms has a total shareholder equity of $1.9B and total debt of $800.0K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are $2.1B and $163.1M respectively.
Key information
0.04%
Debt to equity ratio
US$800.00k
Debt
Interest coverage ratio | n/a |
Cash | US$597.17m |
Equity | US$1.89b |
Total liabilities | US$163.06m |
Total assets | US$2.05b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIOT *'s short term assets ($1.0B) exceed its short term liabilities ($121.0M).
Long Term Liabilities: RIOT *'s short term assets ($1.0B) exceed its long term liabilities ($42.0M).
Debt to Equity History and Analysis
Debt Level: RIOT * has more cash than its total debt.
Reducing Debt: RIOT *'s debt to equity ratio has reduced from 37.8% to 0.04% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RIOT * has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RIOT * has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.