Riot Platforms, Inc. Asset Performance Report
Live Analysis
Riot Platforms, Inc. (RIOT) is currently priced at 15.29, showing a decrease of 45.5 cents or -2.89% from the previous close of 15.75. The trading volume is $17.49 million, which is 64.39% higher than the average. The company is experiencing a downturn in the current trading session.
Earnings Overview
In the latest quarterly earnings report, RIOT had earnings per share of 0.26, surpassing the consensus estimate of -0.19. The total revenue for the quarter was 180.23 million, marking a year-over-year increase of 26.41%. The earnings date was Wednesday, October 29th, with a price change of -6.88 and a price percent change of 31%.
Income Statement
RIOT reported a gross profit of 70.76 million, with a gross profit ratio of 39.26%. The operating income stood at 80 million, resulting in an operating income ratio of 44.42%. The net income for the period was $104.48 million, translating to a net income ratio of 57.97%. Earnings per share (EPS) and diluted EPS were 30 cents and 26 cents, respectively.
Ratios
Key financial ratios for RIOT include a quick ratio of 1.47, operating profit margin of 44.42%, and net profit margin of 57.97%. The return on assets and equity are 2.33 and 2.98, respectively. The price-to-earnings ratio is 15.8, and the debt ratio is 6.37.
Balance Sheet
RIOT's total assets amount to 4.48 billion, with cash and cash equivalents of 330.75 million. The company has total liabilities of 974 million, with common stock valued at 4.17 billion.
This report provides insights into the current financial status of Riot Platforms, Inc. (RIOT) based on the latest available data.
