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Cash ratio at other companies

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TeraWulfWULF
1.3×-0.5×
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Equinix, Inc.EQIX
0.3×-0.6×
Applied Digital logo
Applied DigitalAPLD
2.1×+1.4×
Iris Energy logo
Iris EnergyIREN
3.4×
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
0.6×+0.1×
Cipher Digital, Inc.
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Cipher Digital, Inc. CIFR
0.6×+0.3×

Other financials

Income statement

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Revenue$167.2M+3.6%
Operating income-$499.9M-114%
Net income-$500.5M-68.9%
EPS (diluted)-$1.44-60.0%

Balance sheet

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Cash & equivalents$205.7M+25.6%
Total debt$877.2M+41.8%
Total equity$2.4B-18.7%
Total assets$3.4B-7.6%

Cash flow

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Operating cash flow-$182.7M-49.6%
CapEx$115.5M+251%
Free cash flow-$298.1M-92.4%

Valuation

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Market cap$10.63B+87.9%
Enterprise value$11.3B+81.7%
P/S16.3×+3.9×

Profitability

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Gross margin62.4%
Operating margin-136%-835pp
Net margin-132.8%+148pp
FCF margin-140.4%+36.0pp

Returns & leverage

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Return on equity-32.5%-189pp
Debt / equity0.4×+0.2×
Current ratio1.1×-2.1×

Where this comes from

Calculated from Riot Platforms, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Riot Platforms, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Riot Platforms, Inc.'s cash ratio?
Riot Platforms, Inc. (RIOT) reported cash ratio of 0.5× in Q1 2026.
How has Riot Platforms, Inc.'s cash ratio changed year-over-year?
Riot Platforms, Inc.'s cash ratio decreased by 59.2% year-over-year, from 1.2× to 0.5×.
What is the long-term trend for Riot Platforms, Inc.'s cash ratio?
Over 5 years (2020 to 2025), Riot Platforms, Inc.'s cash ratio has grown at a -64.9% compound annual growth rate (CAGR), from 93.2× to 0.5×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.