Rigetti Computing Balance Sheet Health
Financial Health criteria checks 5/6
Rigetti Computing has a total shareholder equity of $122.8M and total debt of $13.3M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are $157.3M and $34.4M respectively.
Key information
10.8%
Debt to equity ratio
US$13.31m
Debt
| Interest coverage ratio | n/a |
| Cash | US$92.58m |
| Equity | US$122.84m |
| Total liabilities | US$34.41m |
| Total assets | US$157.25m |
Recent financial health updates
Health Check: How Prudently Does Rigetti Computing (NASDAQ:RGTI) Use Debt?
Oct 17
Does Rigetti Computing (NASDAQ:RGTI) Have A Healthy Balance Sheet?
Jul 17Recent updates
The Rigetti Computing, Inc. (NASDAQ:RGTI) Analysts Have Been Trimming Their Sales Forecasts
Nov 15Health Check: How Prudently Does Rigetti Computing (NASDAQ:RGTI) Use Debt?
Oct 17Revenue Downgrade: Here's What Analysts Forecast For Rigetti Computing, Inc. (NASDAQ:RGTI)
Aug 17Rigetti Computing, Inc.'s (NASDAQ:RGTI) Stock Retreats 29% But Revenues Haven't Escaped The Attention Of Investors
Aug 15Does Rigetti Computing (NASDAQ:RGTI) Have A Healthy Balance Sheet?
Jul 17Rigetti Computing, Inc.'s (NASDAQ:RGTI) Price In Tune With Revenues
Jun 21Rigetti Computing, Inc.'s (NASDAQ:RGTI) 65% Jump Shows Its Popularity With Investors
Feb 28Rigetti Computing, Inc. (NASDAQ:RGTI) Stocks Pounded By 36% But Not Lagging Industry On Growth Or Pricing
Nov 11Analysts Have Just Cut Their Rigetti Computing, Inc. (NASDAQ:RGTI) Revenue Estimates By 17%
May 19Rigetti Computing Matches IBM By Producing Deep Red
Sep 29Rigetti announces new partnerships
Sep 16Deutsche Bank initiates coverage on Rigetti Computing with buy rating
Aug 09Rigetti Computing board chairman to step down
Jul 06Financial Position Analysis
Short Term Liabilities: RGTI's short term assets ($103.9M) exceed its short term liabilities ($21.5M).
Long Term Liabilities: RGTI's short term assets ($103.9M) exceed its long term liabilities ($13.0M).
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 years if free cash flow continues to reduce at historical rates of 14.9% each year.