Rigetti Computing, Inc.

Rigetti Computing, Inc.verified

RGTI

Price:

$0.7536

Market Cap:

$144.12M

Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.[Read more]

Industry

Computer Hardware

IPO Date

2021-04-22

Stock Exchange

NASDAQ

Ticker

RGTI

The Current Ratio as of September 2024 (TTM) for Rigetti Computing, Inc. (RGTI) is 4.29

According to Rigetti Computing, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.29. This represents a change of -1.86% compared to the average of 4.37 of the last 4 quarters.

Rigetti Computing, Inc. (RGTI) Historical Current Ratio (quarterly & annually)

How has RGTI Current Ratio performed in the past?

The mean historical Current Ratio of Rigetti Computing, Inc. over the last ten years is 4.09. The current 4.29 Current Ratio has changed 10.39% with respect to the historical average. Over the past ten years (40 quarters), RGTI's Current Ratio was at its highest in in the March 2022 quarter at 18.60. The Current Ratio was at its lowest in in the June 2021 quarter at 2.10.

Quarterly (TTM)
Annual

Average

4.09

Median

3.71

Minimum

0.05

Maximum

7.40

Rigetti Computing, Inc. (RGTI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Rigetti Computing, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 15.77%

Maximum Annual Current Ratio = 7.40

Minimum Annual Increase = -70.53%

Minimum Annual Current Ratio = 0.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.71-47.81%
20227.10225.47%
20212.18-70.53%
20217.4015.77%

Rigetti Computing, Inc. (RGTI) Average Current Ratio

How has RGTI Current Ratio performed in the past?

The current Current Ratio of Rigetti Computing, Inc. (RGTI) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.33

5-year avg

4.09

10-year avg

4.09

Rigetti Computing, Inc. (RGTI) Current Ratio vs. Peers

How is RGTI’s Current Ratio compared to its peers?

Rigetti Computing, Inc.’s Current Ratio is greater than Quantum Computing, Inc. (2.43), less than IonQ, Inc. (13.15), greater than Desktop Metal, Inc. (2.60), greater than Quantum Corporation (0.76), greater than D-Wave Quantum Inc. (1.09), greater than Super Micro Computer, Inc. (3.77), greater than Cricut, Inc. (2.21), greater than Sarcos Technology and Robotics Corporation (0), less than Red Cat Holdings, Inc. (6.13), greater than Stratasys Ltd. (3.18), less than Nano Dimension Ltd. (29.64), greater than Velo3D, Inc. (1.69),

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