Rigetti Computing (RGTI) Debt Ratio (2021 - 2024)
Rigetti Computing's Debt Ratio came in at 0.08 for Q3 2024, down 43.2% from 0.15 a year earlier and down 16.2% from the prior quarter.
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Analysis
Rigetti Computing (RGTI) Debt Ratio (2021 - 2024) Analysis & Trends
For FY2023, Rigetti Computing's Debt Ratio was 0.14, down 3.0% from FY2022.
- Going back by year, Debt Ratio was 0.14 in FY2022 (-73.4%) and 0.53 in FY2021.
- The Q3 2024 figure represents the lowest quarterly Debt Ratio in data going back to Q4 2021.
- Year-over-year, Debt Ratio has declined for four consecutive quarters, with an average decline of 15.4% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q2 2023 (growth of 24.1%), and the weakest in Q4 2022 (a decline of 73.4%).
- Business Quant data shows RGTI's Debt Ratio at 0.10 (Q2 2024), 0.12 (Q1 2024) and 0.14 (Q4 2023) in the three quarters before Q3 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.12 Bn | 245.19 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 232.49 Bn | 212.89 Bn | 1.10 Bn | 0.06 |
| 3 | Fortinet | 125.70 Bn | 111.63 Bn | 1.64 Bn | 0.05 |
| 4 | Snowflake | 110.19 Bn | 97.50 Bn | 1.04 Bn | - |
| 5 | Datadog | 92.71 Bn | 74.35 Bn | 881.34 Mn | - |
| 6 | Zscaler | 34.07 Bn | 20.19 Bn | - | - |
| 7 | Okta | 33.06 Bn | 23.16 Bn | 641.00 Mn | - |
| 8 | Axon Enterprise | 30.90 Bn | 25.43 Bn | 546.45 Mn | 0.23 |
| 9 | MongoDB | 28.04 Bn | 18.51 Bn | 569.77 Mn | - |
| 10 | Rigetti Computing | 3.89 Bn | 2.19 Bn | 2.19 Mn | - |
Historic Data
Download Data
Historic 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 |
API Access
Rigetti Computing Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=RGTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "RGTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=RGTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();