Rigetti Computing (RGTI) Debt Ratio (2021 - 2024)
Rigetti Computing (RGTI) posted Debt Ratio of 0.08 for Q3 2024, down 16.22% sequentially from 0.1 in Q2 2024, and down 43.24% YoY from 0.15 in Q4 2023.
Rigetti Computing (RGTI) Debt Ratio (2021 - 2024) Analysis & Trends
Rigetti Computing has reported Debt Ratio for 4 years, with the latest figure at 0.08 in Q3 2024.
- Quarterly Debt Ratio fell 43.24% year-over-year to 0.08 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 0.08 (down 43.24% YoY) and the FY2023 annual result came in at 0.14, down 3.03% from the prior year.
- Debt Ratio slipped to 0.08 in Q3 2024 per RGTI's latest filing, from 0.1 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.53 in Q4 2021 and troughed at 0.0 in Q2 2021.
- A 4-year average of 0.14 and a median of 0.13 in 2023 frame the typical range for Debt Ratio.
- The widest YoY moves for Debt Ratio: up 11742425.29% in 2022, down 73.36% in 2022.
- Over 4 years, Debt Ratio stood at 0.53 in 2021, then tumbled by 73.36% to 0.14 in 2022, then retreated by 3.03% to 0.14 in 2023, then slumped by 38.65% to 0.08 in 2024.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.08, 0.1, and 0.12 for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 278.57 Bn | 266.99 Bn | 7.78 Bn | 0.27 |
| 2 | Arista Networks | 232.75 Bn | 220.40 Bn | 1.68 Bn | - |
| 3 | Sandisk | 190.63 Bn | 186.89 Bn | 4.66 Bn | - |
| 4 | Seagate Technology Holdings | 186.50 Bn | 185.35 Bn | 1.45 Bn | 0.43 |
| 5 | Western Digital | 184.00 Bn | 180.76 Bn | 1.68 Bn | 0.21 |
| 6 | Everpure | 26.61 Bn | 25.11 Bn | 723.33 Mn | - |
| 7 | Hp | 24.78 Bn | 21.08 Bn | 3.02 Bn | 0.23 |
| 8 | Super Micro Computer | 17.22 Bn | 15.93 Bn | 1.02 Bn | 0.01 |
| 9 | Logitech International | 16.90 Bn | 15.15 Bn | 607.94 Mn | - |
| 10 | Rigetti Computing | 5.32 Bn | 5.32 Bn | 1.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.12 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.15 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.12 |
| Dec 31, 2021 | 0.53 |
| Jun 30, 2021 | 0.00 |
| Mar 31, 2021 | 0.00 |