Riot Platforms Balance Sheet Health
Financial Health criteria checks 3/6
Riot Platforms has a total shareholder equity of $2.7B and total debt of $6.3M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $2.9B and $173.3M respectively.
Key information
0.2%
Debt to equity ratio
US$6.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$545.84m |
| Equity | US$2.75b |
| Total liabilities | US$173.27m |
| Total assets | US$2.92b |
Recent financial health updates
Health Check: How Prudently Does Riot Platforms (NASDAQ:RIOT) Use Debt?
Nov 28
We're Not Very Worried About Riot Platforms' (NASDAQ:RIOT) Cash Burn Rate
Apr 10Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jan 08Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Sep 19Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jun 05Recent updates
Investors Appear Satisfied With Riot Platforms, Inc.'s (NASDAQ:RIOT) Prospects As Shares Rocket 34%
Dec 01Health Check: How Prudently Does Riot Platforms (NASDAQ:RIOT) Use Debt?
Nov 28Investors Appear Satisfied With Riot Platforms, Inc.'s (NASDAQ:RIOT) Prospects As Shares Rocket 28%
Oct 08Riot Platforms, Inc. (NASDAQ:RIOT) Stocks Pounded By 33% But Not Lagging Industry On Growth Or Pricing
Aug 21Riot Platforms' (NASDAQ:RIOT) Shareholders Should Assess Earnings With Caution
Aug 07A Look At The Fair Value Of Riot Platforms, Inc. (NASDAQ:RIOT)
Jul 16What You Can Learn From Riot Platforms, Inc.'s (NASDAQ:RIOT) P/S
Jun 21Riot Platforms: Inefficient Post Halving
Apr 23We're Not Very Worried About Riot Platforms' (NASDAQ:RIOT) Cash Burn Rate
Apr 10With A 28% Price Drop For Riot Platforms, Inc. (NASDAQ:RIOT) You'll Still Get What You Pay For
Mar 23Why We're Not Concerned Yet About Riot Platforms, Inc.'s (NASDAQ:RIOT) 29% Share Price Plunge
Feb 03Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jan 08Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 49% Price Jump
Dec 18Is Riot Platforms, Inc. (NASDAQ:RIOT) Worth US$9.5 Based On Its Intrinsic Value?
Oct 29Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Sep 19Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jun 05Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 66% Price Jump
Apr 17Financial Position Analysis
Short Term Liabilities: RIOT's short term assets ($716.9M) exceed its short term liabilities ($126.2M).
Long Term Liabilities: RIOT's short term assets ($716.9M) exceed its long term liabilities ($47.0M).
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 increased from 0% to 0.2% over the past 5 years.
Debt Coverage: RIOT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RIOT's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:38 |
| End of Day Share Price | 2024/12/20 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 * |
|---|---|---|---|
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Riot Platforms, Inc. is covered by 27 analysts. 16 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 |
|---|---|
| Raghuram Selvaraju | Aegis Capital Corporation |
| Martin Toner | ATB Capital Markets |
| Lucas Pipes | B. Riley Securities, Inc. |