Rigetti Computing (RGTI) Non-Current Debt (2021 - 2024)
Rigetti Computing (RGTI) recorded Non-Current Debt of $2.06 million in Q3 2024, down 84.3% from $13.11 million a year earlier and down 38.7% from the prior quarter.
Rigetti Computing (RGTI) Non-Current Debt (2021 - 2024) Analysis & Trends
At the end of FY2023, Rigetti Computing reported Non-Current Debt of $9.89 million, down 52.1% from FY2022.
- Across earlier years, Non-Current Debt came in at $20.64 million in FY2022 (-14.8%) and $24.22 million in FY2021.
- The Q3 2024 figure is the lowest quarterly Non-Current Debt in data going back to Q4 2021.
- On a year-over-year basis, Non-Current Debt has declined for eight consecutive quarters, with an average decline of 51.1% over the last eight quarters.
- Over the past five years, the year-over-year decline in Non-Current Debt ranged from 14.8% (Q4 2022) to 84.3% (Q3 2024).
- Per Business Quant, the preceding three quarters came in at $3.36 million (Q2 2024), $6.5 million (Q1 2024) and $9.89 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.12 Bn | 245.19 Bn | 2.30 Bn | -160.00 Mn |
| 2 | CrowdStrike Holdings | 232.49 Bn | 212.89 Bn | 1.10 Bn | 746.22 Mn |
| 3 | Fortinet | 125.70 Bn | 111.63 Bn | 1.64 Bn | 496.90 Mn |
| 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 | 1.73 Bn |
| 9 | MongoDB | 28.04 Bn | 18.51 Bn | 569.77 Mn | -1.79 Mn |
| 10 | Rigetti Computing | 3.89 Bn | 2.19 Bn | 2.19 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 2.06 Mn |
| Jun 30, 2024 | 3.36 Mn |
| Mar 31, 2024 | 6.50 Mn |
| Dec 31, 2023 | 9.89 Mn |
| Sep 30, 2023 | 13.11 Mn |
| Jun 30, 2023 | 16.10 Mn |
| Mar 31, 2023 | 17.85 Mn |
| Dec 31, 2022 | 20.64 Mn |
| Sep 30, 2022 | 23.00 Mn |
| Jun 30, 2022 | 25.20 Mn |
| Mar 31, 2022 | 27.68 Mn |
| Dec 31, 2021 | 24.22 Mn |
Rigetti Computing Non-Current Debt 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=non-current-debt&ticker=RGTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=RGTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();