Rigetti Computing Inc (RGTI) - Net Assets
Based on the latest financial reports, Rigetti Computing Inc (RGTI) has net assets worth $371.83 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($630.27 Million) and total liabilities ($258.45 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check RGTI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $371.83 Million |
| % of Total Assets | 58.99% |
| Annual Growth Rate | N/A |
| 5-Year Change | -15.73% |
| 10-Year Change | N/A |
| Growth Volatility | 325.39 |
Rigetti Computing Inc - Net Assets Trend (2019–2024)
This chart illustrates how Rigetti Computing Inc's net assets have evolved over time, based on quarterly financial data. Also explore RGTI current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Rigetti Computing Inc (2019–2024)
The table below shows the annual net assets of Rigetti Computing Inc from 2019 to 2024. For live valuation and market cap data, see RGTI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $126.59 Million | +15.51% |
| 2024-01-31 | $109.59 Million | 0.00% |
| 2023-12-31 | $109.59 Million | -27.05% |
| 2023-01-31 | $150.22 Million | 0.00% |
| 2022-12-31 | $150.22 Million | +310.02% |
| 2022-01-31 | $-71.53 Million | -815.64% |
| 2021-12-31 | $9.99 Million | +128.21% |
| 2021-01-31 | $-35.43 Million | 0.00% |
| 2020-12-31 | $-35.43 Million | +72.41% |
| 2019-12-31 | $-128.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rigetti Computing Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 41198466400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $29.00K | 0.02% |
| Other Comprehensive Income | $105.00K | 0.08% |
| Other Components | $681.20 Million | 538.12% |
| Total Equity | $126.59 Million | 100.00% |
Rigetti Computing Inc Competitors by Market Cap
The table below lists competitors of Rigetti Computing Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo Catalana Occidente
MC:GCO
|
$5.31 Billion |
|
Plexus Corp
NASDAQ:PLXS
|
$5.32 Billion |
|
Migdal Insurance
TA:MGDL
|
$5.32 Billion |
|
Kumba Iron Ore Ltd
JSE:KIO
|
$5.32 Billion |
|
Chongqing Zhifei Bio Products
SHE:300122
|
$5.31 Billion |
|
Sk Biopharmaceuticals Co Ltd
KO:326030
|
$5.30 Billion |
|
LYFT Inc
NASDAQ:LYFT
|
$5.30 Billion |
|
Thai Airways International Public Company Limited
BK:THAI
|
$5.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rigetti Computing Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2024, total equity changed from 109,588,000 to 126,589,000, a change of 17,001,000 (15.5%).
- Net loss of 200,988,000 reduced equity.
- New share issuances of 206,338,000 increased equity.
- Other comprehensive income decreased equity by 139,000.
- Other factors increased equity by 11,790,000.
Equity Change Factors (2024 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-200.99 Million | -158.77% |
| Share Issuances | $206.34 Million | +163.0% |
| Other Comprehensive Income | $-139.00K | -0.11% |
| Other Changes | $11.79 Million | +9.31% |
| Total Change | $- | 15.51% |
Book Value vs Market Value Analysis
This analysis compares Rigetti Computing Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 25.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-1.13 | $17.50 | x |
| 2020-12-31 | $-0.82 | $17.50 | x |
| 2021-01-31 | $-0.82 | $17.50 | x |
| 2021-12-31 | $0.55 | $17.50 | x |
| 2022-01-31 | $-3.93 | $17.50 | x |
| 2022-12-31 | $1.47 | $17.50 | x |
| 2023-01-31 | $1.47 | $17.50 | x |
| 2023-12-31 | $0.83 | $17.50 | x |
| 2024-01-31 | $0.83 | $17.50 | x |
| 2024-12-31 | $0.69 | $17.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rigetti Computing Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -158.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1862.72%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 2.25x
- Recent ROE (-158.77%) is below the historical average (-75.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -7317.15% | 0.03x | 0.00x | $-40.98 Million |
| 2020 | 0.00% | -310.42% | 0.11x | 0.00x | $-13.66 Million |
| 2021 | 0.00% | -310.42% | 0.11x | 0.00x | $-13.66 Million |
| 2021 | -382.60% | -466.58% | 0.18x | 4.65x | $-39.24 Million |
| 2022 | 0.00% | -466.58% | 0.18x | 0.00x | $-31.09 Million |
| 2022 | -47.61% | -545.88% | 0.06x | 1.35x | $-86.54 Million |
| 2023 | -24.29% | -278.48% | 0.06x | 1.35x | $-51.51 Million |
| 2023 | -68.54% | -625.47% | 0.08x | 1.46x | $-86.07 Million |
| 2024 | -68.54% | -625.47% | 0.08x | 1.46x | $-86.07 Million |
| 2024 | -158.77% | -1862.72% | 0.04x | 2.25x | $-213.65 Million |
Industry Comparison
This section compares Rigetti Computing Inc's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $183,911,613
- Average return on equity (ROE) among peers: -10.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rigetti Computing Inc (RGTI) | $371.83 Million | 0.00% | 0.70x | $5.31 Billion |
| AGM Group Holdings Inc Class A (AGMH) | $-144.41K | 0.00% | 0.00x | $1.80 Million |
| AstroNova Inc (ALOT) | $66.61 Million | 4.82% | 0.18x | $66.45 Million |
| Touax SCA (ALPWG) | $64.85 Million | 0.97% | 0.75x | $38.86 Million |
| AMC Robotics Corporation (AMCI) | $70.93 Million | -0.11% | 0.00x | $141.67 Million |
| Arista Networks (ANET) | $555.66 Million | 15.63% | 0.46x | $178.30 Billion |
| Braiin Limited Common Stock (BRAI) | $224.31 Million | -12.87% | 0.29x | $507.66 Million |
| BTC Digital Ltd. (BTCT) | $-242.94 Million | 0.00% | 0.00x | $11.71 Million |
| Canaan Inc (CAN) | $348.19 Million | -118.95% | 0.42x | $298.34 Million |
| Cricut Inc (CRCT) | $534.87 Million | 10.03% | 0.40x | $229.53 Million |
| Corsair Gaming Inc (CRSR) | $216.78 Million | -3.87% | 3.89x | $596.24 Million |
About Rigetti Computing Inc
Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS) products. It also provides 9- ubit quantum pr… Read more