Rigetti Computing Warrants Stock Return On Asset
| RGTIW Stock | USD 1.20 0.23 23.71% |
Rigetti Computing Warrants fundamentals help investors to digest information that contributes to Rigetti Computing's financial success or failures. It also enables traders to predict the movement of Rigetti Stock. The fundamental analysis module provides a way to measure Rigetti Computing's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rigetti Computing stock.
Return On Assets is likely to drop to -0.49 in 2024. Rigetti | Return On Asset |
Rigetti Computing Warrants Company Return On Asset Analysis
Rigetti Computing's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Rigetti Computing Return On Asset | -0.26 |
Most of Rigetti Computing's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rigetti Computing Warrants is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Rigetti Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Rigetti Computing is extremely important. It helps to project a fair market value of Rigetti Stock properly, considering its historical fundamentals such as Return On Asset. Since Rigetti Computing's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Rigetti Computing's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Rigetti Computing's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Rigetti Total Assets
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Based on the latest financial disclosure, Rigetti Computing Warrants has a Return On Asset of -0.2606. This is 90.98% lower than that of the Electronic Equipment, Instruments & Components sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is 86.14% higher than that of the company.
Rigetti Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rigetti Computing's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rigetti Computing could also be used in its relative valuation, which is a method of valuing Rigetti Computing by comparing valuation metrics of similar companies.Rigetti Computing is currently under evaluation in return on asset category among its peers.
Rigetti Fundamentals
| Return On Equity | -0.51 | ||||
| Return On Asset | -0.26 | ||||
| Operating Margin | (7.29) % | ||||
| Number Of Shares Shorted | 17.72 K | ||||
| Revenue | 12.01 M | ||||
| EBITDA | (62.2 M) | ||||
| Net Income | (75.11 M) | ||||
| Cash And Equivalents | 13.12 M | ||||
| Cash Per Share | 0.12 X | ||||
| Total Debt | 30.57 M | ||||
| Debt To Equity | 0.99 % | ||||
| Current Ratio | 2.18 X | ||||
| Book Value Per Share | 0.64 X | ||||
| Cash Flow From Operations | (50.58 M) | ||||
| Earnings Per Share | (1.90) X | ||||
| Number Of Employees | 134 | ||||
| Beta | 2.14 | ||||
| Total Asset | 159.91 M | ||||
| Retained Earnings | (353.76 M) | ||||
| Working Capital | 78.61 M | ||||
| Net Asset | 159.91 M |
About Rigetti Computing Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rigetti Computing Warrants's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rigetti Computing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rigetti Computing Warrants based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.