RGTI Quick Ratio Analysis
Higher than 27% of Technology sector peers
Updated 49h ago·SEC filings & market data
Key Takeaway
With a quick ratio of 0.85x, Rigetti Computing holds only $0.85 in cash and near-cash assets for every $1.00 of short-term liabilities, meaning it may struggle to meet immediate obligations without selling inventory or raising capital.
Sector Performance
27th percentileRGTI
0.85x
Sector Median
1.24x
Sector Avg
12.46x
Deep Analysis
With a quick ratio of 0.85x, Rigetti Computing holds only $0.85 in cash and near-cash assets for every $1.00 of short-term liabilities, meaning it may struggle to meet immediate obligations without selling inventory or raising capital.
This level places the company well below the sector median of 1.24x and ranks it at the 27th percentile among Technology peers, indicating weaker liquidity than most comparable firms. The metric shows no trend information because year-over-year and quarter-over-quarter changes are both N/A, leaving no historical data to assess whether the position is worsening or improving. The combination of a low current level and the absence of trend data introduces elevated uncertainty about Rigetti’s short-term financial flexibility, creating a material risk for investors. This metric directly supports the overall CAUTIOUS verdict: a quick ratio below 1.0x signals potential liquidity strain, consistent with a cautious stance on the stock.
Frequently Asked Questions
What does the Quick Ratio tell investors about RGTI?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
How does RGTI's Quick Ratio compare to its sector?
RGTI's Quick Ratio of 0.85x compares to a Technology sector median of 1.24x, placing it in the 27th percentile.
Who are RGTI's closest peers by Quick Ratio?
The closest Technology peers by Quick Ratio include: SMTC (1.24x), NVDA (1.23x), BR (0.85x), SONY (0.80x), ZS (0.68x).
Learn More About Quick Ratio
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
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0.85x
Sector Median
1.24x
Sector Avg
12.46x
How RGTI's Quick Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.