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
DateValue
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