Rigetti Total Revenue vs Net Receivables Analysis

RGTIW Stock  USD 0.81  0.17  17.35%   
Rigetti Computing financial indicator trend analysis is much more than just breaking down Rigetti Computing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rigetti Computing is a good investment. Please check the relationship between Rigetti Computing Total Revenue and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigetti Computing Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Rigetti Stock please use our How to Invest in Rigetti Computing guide.

Total Revenue vs Net Receivables

Total Revenue vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rigetti Computing Total Revenue account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Rigetti Computing's Total Revenue and Net Receivables is 0.92. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Rigetti Computing Warrants, assuming nothing else is changed. The correlation between historical values of Rigetti Computing's Total Revenue and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Rigetti Computing Warrants are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Revenue i.e., Rigetti Computing's Total Revenue and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Rigetti Computing generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Receivables

Most indicators from Rigetti Computing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rigetti Computing current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigetti Computing Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Rigetti Stock please use our How to Invest in Rigetti Computing guide.Sales General And Administrative To Revenue is likely to climb to 8.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 26.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9M10.2M9.2M5.2M
Total Revenue8.2M13.1M12.0M9.6M

Rigetti Computing fundamental ratios Correlations

0.920.80.540.940.97-0.050.15-0.820.570.760.96-0.921.00.98-0.940.68-0.870.710.88-0.690.940.77-0.491.00.9
0.920.840.630.860.870.230.27-0.760.480.720.87-0.90.920.91-0.90.7-0.760.710.77-0.480.930.61-0.540.920.87
0.80.840.730.780.820.150.29-0.720.630.490.82-0.890.80.76-0.870.89-0.780.310.72-0.460.780.63-0.130.790.86
0.540.630.730.370.670.660.81-0.560.84-0.040.67-0.650.490.61-0.650.93-0.330.440.310.130.620.64-0.30.50.65
0.940.860.780.370.91-0.270.04-0.880.480.780.91-0.940.940.91-0.940.55-0.970.570.98-0.830.920.74-0.450.940.92
0.970.870.820.670.910.00.35-0.890.760.571.0-0.950.940.98-0.960.77-0.860.680.87-0.610.950.9-0.510.950.95
-0.050.230.150.66-0.270.00.690.10.23-0.30.00.01-0.080.05-0.010.390.380.29-0.370.740.05-0.09-0.11-0.06-0.01
0.150.270.290.810.040.350.69-0.440.75-0.450.36-0.350.080.3-0.370.58-0.010.40.060.450.370.49-0.390.110.4
-0.82-0.76-0.72-0.56-0.88-0.890.1-0.44-0.74-0.41-0.910.94-0.78-0.850.95-0.630.89-0.59-0.920.59-0.92-0.880.56-0.79-0.97
0.570.480.630.840.480.760.230.75-0.74-0.10.76-0.710.510.64-0.710.84-0.510.380.51-0.140.660.9-0.370.520.73
0.760.720.49-0.040.780.57-0.3-0.45-0.41-0.10.56-0.570.80.67-0.580.16-0.680.490.69-0.770.610.23-0.250.790.52
0.960.870.820.670.911.00.00.36-0.910.760.56-0.960.940.98-0.970.77-0.860.680.88-0.610.960.91-0.520.940.95
-0.92-0.9-0.89-0.65-0.94-0.950.01-0.350.94-0.71-0.57-0.96-0.9-0.921.0-0.770.92-0.58-0.920.62-0.96-0.830.47-0.91-1.0
1.00.920.80.490.940.94-0.080.08-0.780.510.80.94-0.90.97-0.910.65-0.870.680.87-0.720.920.73-0.451.00.88
0.980.910.760.610.910.980.050.3-0.850.640.670.98-0.920.97-0.940.69-0.820.790.85-0.60.960.82-0.570.980.91
-0.94-0.9-0.87-0.65-0.94-0.96-0.01-0.370.95-0.71-0.58-0.971.0-0.91-0.94-0.750.91-0.63-0.920.61-0.97-0.840.51-0.92-1.0
0.680.70.890.930.550.770.390.58-0.630.840.160.77-0.770.650.69-0.75-0.550.310.49-0.160.690.71-0.190.650.75
-0.87-0.76-0.78-0.33-0.97-0.860.38-0.010.89-0.51-0.68-0.860.92-0.87-0.820.91-0.55-0.39-0.990.86-0.86-0.750.35-0.86-0.91
0.710.710.310.440.570.680.290.4-0.590.380.490.68-0.580.680.79-0.630.31-0.390.51-0.220.730.54-0.720.70.59
0.880.770.720.310.980.87-0.370.06-0.920.510.690.88-0.920.870.85-0.920.49-0.990.51-0.850.890.78-0.460.870.92
-0.69-0.48-0.460.13-0.83-0.610.740.450.59-0.14-0.77-0.610.62-0.72-0.60.61-0.160.86-0.22-0.85-0.58-0.510.19-0.71-0.6
0.940.930.780.620.920.950.050.37-0.920.660.610.96-0.960.920.96-0.970.69-0.860.730.89-0.580.82-0.670.920.96
0.770.610.630.640.740.9-0.090.49-0.880.90.230.91-0.830.730.82-0.840.71-0.750.540.78-0.510.82-0.550.740.86
-0.49-0.54-0.13-0.3-0.45-0.51-0.11-0.390.56-0.37-0.25-0.520.47-0.45-0.570.51-0.190.35-0.72-0.460.19-0.67-0.55-0.47-0.5
1.00.920.790.50.940.95-0.060.11-0.790.520.790.94-0.911.00.98-0.920.65-0.860.70.87-0.710.920.74-0.470.88
0.90.870.860.650.920.95-0.010.4-0.970.730.520.95-1.00.880.91-1.00.75-0.910.590.92-0.60.960.86-0.50.88
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Rigetti Computing Account Relationship Matchups

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