Michael Harburn - Rigetti Computing Chief Officer

RGTI Stock  USD 2.40  0.20  9.09%   

Insider

Michael Harburn is Chief Officer of Rigetti Computing
Age 54
Address 775 Heinz Avenue, Berkeley, CA, United States, 94710
Phone510 210 5550
Webhttps://www.rigetti.com

Rigetti Computing Management Efficiency

The company has return on total asset (ROA) of (0.2606) % which means that it has lost $0.2606 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5146) %, meaning that it created substantial loss on money invested by shareholders. Rigetti Computing's management efficiency ratios could be used to measure how well Rigetti Computing manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.49. The Rigetti Computing's current Return On Capital Employed is estimated to increase to -0.52. As of now, Rigetti Computing's Net Tangible Assets are increasing as compared to previous years. The Rigetti Computing's current Intangibles To Total Assets is estimated to increase to 0.15, while Total Assets are projected to decrease to under 115.7 M.
Rigetti Computing currently holds 30.57 M in liabilities with Debt to Equity (D/E) ratio of 0.18, which may suggest the company is not taking enough advantage from borrowing. Rigetti Computing has a current ratio of 10.19, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Rigetti Computing's use of debt, we should always consider it together with its cash and equity.

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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 160 people. Rigetti Computing (RGTI) 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.

Management Performance

Rigetti Computing Leadership Team

Elected by the shareholders, the Rigetti Computing's board of directors comprises two types of representatives: Rigetti Computing inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rigetti. The board's role is to monitor Rigetti Computing's management team and ensure that shareholders' interests are well served. Rigetti Computing's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rigetti Computing's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Harburn, Chief Officer
Greg Peters, Chief Officer
Andrew Bestwick, Senior Systems
Richard Danis, General Secretary
Lou DeSorbo, Chief Officer
Mike Pelstring, Senior Engineering
Subodh Kulkarni, President CEO
Jeffrey Bertelsen, Chief Officer
David Rivas, Chief Officer
Brian Sereda, Chief Officer
Jackie Kaweck, Senior Resources
Chad Rigetti, Founder Director

Rigetti Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Rigetti Computing a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Rigetti Computing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rigetti Computing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rigetti Computing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rigetti Computing Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigetti Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rigetti Computing. If investors know Rigetti will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rigetti Computing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.37)
Revenue Per Share
0.073
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.26)
Return On Equity
(0.51)
The market value of Rigetti Computing is measured differently than its book value, which is the value of Rigetti that is recorded on the company's balance sheet. Investors also form their own opinion of Rigetti Computing's value that differs from its market value or its book value, called intrinsic value, which is Rigetti Computing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rigetti Computing's market value can be influenced by many factors that don't directly affect Rigetti Computing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rigetti Computing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rigetti Computing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rigetti Computing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.