Rigetti Computing (RGTI) Interest Coverage Ratio (2021 - 2024)
Rigetti Computing's (RGTI) quarterly Interest Coverage Ratio came in at 37.67 in Q4 2024, down 182.16% year-over-year from 45.84 in Q1 2024, and down 59.17% quarter-over-quarter from 23.66 in Q3 2024.
Analysis
Rigetti Computing (RGTI) Interest Coverage Ratio (2021 - 2024) Analysis & Trends
Rigetti Computing has disclosed Interest Coverage Ratio across 4 years of filings, most recently posting 37.67 for Q4 2024.
- In Q4 2024, Interest Coverage Ratio fell 182.16% year-over-year to 37.67; the TTM figure through Dec 2024 stood at 20.57 (down 65.01% YoY), while the FY2024 annual figure was 20.76, down 66.56% from the prior year.
- Interest Coverage Ratio came in at 37.67 for Q4 2024 at Rigetti Computing, down from 23.66 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 5.48 in Q4 2021 to a low of 37.67 in Q4 2024.
- Average Interest Coverage Ratio over 4 years is 17.79, with a median of 15.83 recorded in 2021.
- Year-over-year, Interest Coverage Ratio sank 227.68% in 2022 and surged 58.35% in 2023.
- Over 4 years, Interest Coverage Ratio stood at 5.48 in 2021, then slumped by 227.68% to 17.95 in 2022, then rose by 25.63% to 13.35 in 2023, then slumped by 182.16% to 37.67 in 2024.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 37.67 in Q4 2024, 23.66 in Q3 2024, and 16.08 in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 9.47 Bn | 7.36 Bn | 19.94 Mn | - |
| 2 | D-Wave Quantum | 6.07 Bn | 6.07 Bn | 1.70 Mn | -208.93 |
| 3 | Rigetti Computing | 5.03 Bn | 5.03 Bn | 2.19 Mn | - |
| 4 | Quantum Computing | 1.75 Bn | 1.75 Bn | -1.17 Mn | -1,917.75 |
| 5 | Infleqtion | 1.32 Bn | 839.31 Mn | 2.17 Mn | - |
| 6 | BTQ Technologies | 359.38 Mn | 359.38 Mn | - | -581.08 |
| 7 | Quantum eMotion | 339.79 Mn | 339.79 Mn | - | - |
| 8 | Arqit Quantum | 251.50 Mn | 251.50 Mn | - | - |
| 9 | Horizon Quantum Holdings | 13.39 | -113.25 Mn | - | -2,663.51 |
| 10 | Xanadu Quantum Technologies | 7.78 | -312.78 Mn | 1.38 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -37.67 |
| Sep 30, 2024 | -23.66 |
| Jun 30, 2024 | -16.09 |
| Mar 31, 2024 | -14.98 |
| Dec 31, 2023 | -13.35 |
| Sep 30, 2023 | -11.43 |
| Jun 30, 2023 | -10.32 |
| Mar 31, 2023 | -15.04 |
| Dec 31, 2022 | -17.95 |
| Sep 30, 2022 | -21.81 |
| Jun 30, 2022 | -24.77 |
| Mar 31, 2022 | -20.97 |
| Dec 31, 2021 | -5.48 |
| Sep 30, 2021 | -15.57 |