Rigetti Computing Warrants Stock Today

RGTIW Stock  USD 0.56  0.17  43.59%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Over 63

 
High
 
Low
Quite High
Rigetti Computing is selling for under 0.56 as of the 25th of November 2024; that is 43.59 percent up since the beginning of the trading day. The stock's lowest day price was 0.44. Rigetti Computing has more than 63 % chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days. Equity ratings for Rigetti Computing Warrants are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
22nd of April 2021
Category
Technology
Classification
Information Technology
Rigetti Computing, Inc. operates as an integrated systems company. The company was founded in 2013 and is based in Berkeley, California. Rigetti Computing operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 140 people. More on Rigetti Computing Warrants

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Rigetti Stock Highlights

President CEOSubodh Kulkarni
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, Information Technology, Electronic Equipment, Instruments & Components, Computer Hardware, Technology, Computing (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.07270.0751
Sufficiently Down
Slightly volatile
Gross Profit Margin0.50.7668
Way Down
Very volatile
Total Current Liabilities19.5 M29.1 M
Way Down
Slightly volatile
Non Current Liabilities Total20.2 M21.3 M
Notably Down
Slightly volatile
Total Assets115.7 M159.9 M
Way Down
Slightly volatile
Total Current Assets74.5 M107.7 M
Way Down
Slightly volatile
Rigetti Computing can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rigetti Computing's financial leverage. It provides some insight into what part of Rigetti Computing's total assets is financed by creditors.
Liquidity
Rigetti Computing Warrants has accumulated 30.57 M in total debt with debt to equity ratio (D/E) of 0.99, which is about average as compared to similar companies. Rigetti Computing has a current ratio of 2.14, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Note, when we think about Rigetti Computing's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

10.94 Million
Rigetti Computing Warrants (RGTIW) is traded on NASDAQ Exchange in USA. It is located in 775 Heinz Avenue, Berkeley, CA, United States, 94710 and employs 134 people. Rigetti Computing is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company classifies itself under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. Rigetti Computing Warrants has accumulated about 13.12 M in cash with (50.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Check Rigetti Computing Probability Of Bankruptcy

Rigetti Computing Historical Income Statement

At this time, Rigetti Computing's Cost Of Revenue is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 9.4 M in 2024, whereas Net Interest Income is likely to drop (738.1 K) in 2024. View More Fundamentals

Rigetti Stock Against Markets

Rigetti Computing Corporate Management

Michael HarburnChief OfficerProfile
Andrew BestwickSenior SystemsProfile
Mandy BirchSr PartnershipsProfile
Taryn NaiduChief OfficerProfile
Jeffrey BertelsenChief OfficerProfile
Greg PetersChief OfficerProfile
Richard DanisGeneral SecretaryProfile

Additional Tools for Rigetti Stock Analysis

When running Rigetti Computing's price analysis, check to measure Rigetti Computing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rigetti Computing is operating at the current time. Most of Rigetti Computing's value examination focuses on studying past and present price action to predict the probability of Rigetti Computing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rigetti Computing's price. Additionally, you may evaluate how the addition of Rigetti Computing to your portfolios can decrease your overall portfolio volatility.