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 17Does Rigetti Computing (NASDAQ:RGTI) Have A Healthy Balance Sheet?
Jul 17Recent updates
Rigetti Computing: Overvalued With A High Cash Burn Rate
Dec 23Market Participants Recognise Rigetti Computing, Inc.'s (NASDAQ:RGTI) Revenues Pushing Shares 44% Higher
Nov 23The 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 16Financial 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 2.2 years if free cash flow continues to reduce at historical rates of 14.9% each year.
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/24 21:36 |
End of Day Share Price | 2024/12/24 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rigetti Computing, Inc. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Brian Kinstlinger | Alliance Global Partners |
David Williams | Benchmark Company |
Craig Ellis | B. Riley Securities, Inc. |