Rigetti Computing, Inc.

NasdaqCM:RGTI Stock Report

Market Cap: US$229.5m

Rigetti Computing Balance Sheet Health

Financial Health criteria checks 5/6

Rigetti Computing has a total shareholder equity of $122.2M and total debt of $16.4M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are $162.4M and $40.3M respectively.

Key information

13.4%

Debt to equity ratio

US$16.41m

Debt

Interest coverage ration/a
CashUS$100.48m
EquityUS$122.16m
Total liabilitiesUS$40.25m
Total assetsUS$162.41m

Recent financial health updates

Health Check: How Prudently Does Rigetti Computing (NASDAQ:RGTI) Use Debt?

Oct 17
Health Check: How Prudently Does Rigetti Computing (NASDAQ:RGTI) Use Debt?

Does Rigetti Computing (NASDAQ:RGTI) Have A Healthy Balance Sheet?

Jul 17
Does Rigetti Computing (NASDAQ:RGTI) Have A Healthy Balance Sheet?

Recent updates

Health Check: How Prudently Does Rigetti Computing (NASDAQ:RGTI) Use Debt?

Oct 17
Health Check: How Prudently Does Rigetti Computing (NASDAQ:RGTI) Use Debt?

Revenue Downgrade: Here's What Analysts Forecast For Rigetti Computing, Inc. (NASDAQ:RGTI)

Aug 17
Revenue Downgrade: Here's What Analysts Forecast For Rigetti Computing, Inc. (NASDAQ:RGTI)

Rigetti Computing, Inc.'s (NASDAQ:RGTI) Stock Retreats 29% But Revenues Haven't Escaped The Attention Of Investors

Aug 15
Rigetti Computing, Inc.'s (NASDAQ:RGTI) Stock Retreats 29% But Revenues Haven't Escaped The Attention Of Investors

Does Rigetti Computing (NASDAQ:RGTI) Have A Healthy Balance Sheet?

Jul 17
Does Rigetti Computing (NASDAQ:RGTI) Have A Healthy Balance Sheet?

Rigetti Computing, Inc.'s (NASDAQ:RGTI) Price In Tune With Revenues

Jun 21
Rigetti Computing, Inc.'s (NASDAQ:RGTI) Price In Tune With Revenues

Rigetti Computing, Inc.'s (NASDAQ:RGTI) 65% Jump Shows Its Popularity With Investors

Feb 28
Rigetti Computing, Inc.'s (NASDAQ:RGTI) 65% Jump Shows Its Popularity With Investors

Rigetti Computing, Inc. (NASDAQ:RGTI) Stocks Pounded By 36% But Not Lagging Industry On Growth Or Pricing

Nov 11
Rigetti Computing, Inc. (NASDAQ:RGTI) Stocks Pounded By 36% But Not Lagging Industry On Growth Or Pricing

Analysts Have Just Cut Their Rigetti Computing, Inc. (NASDAQ:RGTI) Revenue Estimates By 17%

May 19
Analysts Have Just Cut Their Rigetti Computing, Inc. (NASDAQ:RGTI) Revenue Estimates By 17%

Rigetti Computing Matches IBM By Producing Deep Red

Sep 29

Rigetti announces new partnerships

Sep 16

Deutsche Bank initiates coverage on Rigetti Computing with buy rating

Aug 09

Rigetti Computing board chairman to step down

Jul 06

Financial Position Analysis

Short Term Liabilities: RGTI's short term assets ($109.7M) exceed its short term liabilities ($25.6M).

Long Term Liabilities: RGTI's short term assets ($109.7M) exceed its long term liabilities ($14.7M).


Debt to Equity History and Analysis

Debt Level: RGTI has more cash than its total debt.

Reducing Debt: Insufficient data to determine if RGTI's debt to equity ratio has reduced 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: RGTI has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: RGTI has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 16.4% each year.


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