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Current ratio at other companies

TeraWulf logo
TeraWulfWULF
1.2×-0.7×
Equinix, Inc. logo
Equinix, Inc.EQIX
1.2×-0.5×
Applied Digital logo
Applied DigitalAPLD
2.4×+1.7×
Iris Energy logo
Iris EnergyIREN
3.7×
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
0.9×-0.4×
Cipher Digital, Inc.
 logo
Cipher Digital, Inc. CIFR
3.1×+2.0×

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×

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 current ratio?
Riot Platforms, Inc. (RIOT) reported current ratio of 1.1× in Q1 2026.
How has Riot Platforms, Inc.'s current ratio changed year-over-year?
Riot Platforms, Inc.'s current ratio decreased by 66.6% year-over-year, from 3.2× to 1.1×.
What is the long-term trend for Riot Platforms, Inc.'s current ratio?
Over 5 years (2020 to 2025), Riot Platforms, Inc.'s current ratio has grown at a -60.4% compound annual growth rate (CAGR), from 98.6× to 1×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.