Riot Platforms Balance Sheet Health
Financial Health criteria checks 5/6
Riot Platforms has a total shareholder equity of $2.5B and total debt of $700.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are $2.6B and $135.8M respectively. Riot Platforms's EBIT is $13.1M making its interest coverage ratio -0.7. It has cash and short-term investments of $688.5M.
Key information
0.03%
Debt to equity ratio
US$700.00k
Debt
| Interest coverage ratio | -0.7x |
| Cash | US$688.50m |
| Equity | US$2.48b |
| Total liabilities | US$135.84m |
| Total assets | US$2.61b |
Recent financial health updates
We're Not Very Worried About Riot Platforms' (NASDAQ:RIOT) Cash Burn Rate
Apr 10
Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jan 08Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Sep 19Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jun 05Recent updates
Riot Platforms: Inefficient Post Halving
Apr 23We're Not Very Worried About Riot Platforms' (NASDAQ:RIOT) Cash Burn Rate
Apr 10With A 28% Price Drop For Riot Platforms, Inc. (NASDAQ:RIOT) You'll Still Get What You Pay For
Mar 23Why We're Not Concerned Yet About Riot Platforms, Inc.'s (NASDAQ:RIOT) 29% Share Price Plunge
Feb 03Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jan 08Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 49% Price Jump
Dec 18Is Riot Platforms, Inc. (NASDAQ:RIOT) Worth US$9.5 Based On Its Intrinsic Value?
Oct 29Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Sep 19Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jun 05Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 66% Price Jump
Apr 17Riot Blockchain breaks ground on 1GW Corsicana data center facility
Oct 19Riot Blockchain produces lesser bitcoin in September
Oct 04Riot Blockchain: Another Top Bitcoin Mining Stock
Sep 14Riot Blockchain announces delay in quarterly report filing
Aug 10Riot Blockchain sees a drop in July bitcoin production amid reduced power consumption
Aug 03Riot Blockchain: Revisiting Our Investment Thesis
Jun 29Riot Blockchain Vs. Marathon Digital In The Bitcoin 2022 Bear Market
Jun 16Riot Blockchain: Buy This Stock Before The Forthcoming Liftoff
May 11Riot Blockchain: Market And Competitive Environment In The Mining Sector
Apr 18Riot Blockchain: Are We Bordering On Too Much Dilution?
Apr 06Riot Stock Looks Attractive After A Deep Correction
Mar 14Riot Blockchain: Not Best In Class
Jan 28Riot's Cost Structure Cites Massive Overvaluation
Jan 20Financial Position Analysis
Short Term Liabilities: RIOT's short term assets ($785.1M) exceed its short term liabilities ($92.6M).
Long Term Liabilities: RIOT's short term assets ($785.1M) exceed its long term liabilities ($43.2M).
Debt to Equity History and Analysis
Debt Level: RIOT has more cash than its total debt.
Reducing Debt: RIOT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: RIOT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RIOT earns more interest than it pays, so coverage of interest payments is not a concern.