Rigetti Cost Of Revenue vs Selling And Marketing Expenses Analysis

RGTI Stock  USD 0.99  0.03  2.94%   
Rigetti Computing financial indicator trend analysis is much more than just breaking down Rigetti Computing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rigetti Computing is a good investment. Please check the relationship between Rigetti Computing Cost Of Revenue and its Selling And Marketing Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigetti Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.

Cost Of Revenue vs Selling And Marketing Expenses

Cost Of Revenue vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rigetti Computing Cost Of Revenue account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Rigetti Computing's Cost Of Revenue and Selling And Marketing Expenses is 0.64. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Rigetti Computing, assuming nothing else is changed. The correlation between historical values of Rigetti Computing's Cost Of Revenue and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Rigetti Computing are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Cost Of Revenue i.e., Rigetti Computing's Cost Of Revenue and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Rigetti Computing income statement and represents the costs associated with goods and services Rigetti Computing provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Selling And Marketing Expenses

Most indicators from Rigetti Computing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rigetti Computing current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigetti Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.The Rigetti Computing's current Sales General And Administrative To Revenue is estimated to increase to 8.11, while Selling General Administrative is projected to decrease to under 25.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9M10.2M100K95K
Total Revenue8.2M13.1M12.0M8.7M

Rigetti Computing fundamental ratios Correlations

0.880.94-0.340.950.680.920.97-0.72-0.69-0.840.170.920.97-0.92-0.921.00.99-0.940.02-0.920.850.82-0.910.960.81
0.880.82-0.070.830.440.790.83-0.44-0.49-0.70.070.830.82-0.87-0.870.890.86-0.870.22-0.780.80.62-0.680.850.52
0.940.82-0.140.880.740.870.98-0.61-0.43-0.850.420.750.98-0.91-0.910.930.97-0.920.15-0.850.850.78-0.80.90.87
-0.34-0.07-0.14-0.48-0.58-0.43-0.230.760.80.390.58-0.57-0.240.190.19-0.34-0.340.230.90.440.09-0.510.64-0.43-0.28
0.950.830.88-0.480.70.990.93-0.86-0.73-0.940.110.910.94-0.95-0.950.950.94-0.96-0.13-0.990.770.94-0.961.00.82
0.680.440.74-0.580.70.690.69-0.7-0.46-0.740.070.630.7-0.57-0.570.660.75-0.63-0.47-0.650.30.7-0.720.710.73
0.920.790.87-0.430.990.690.93-0.87-0.66-0.970.20.840.94-0.97-0.970.920.92-0.97-0.08-1.00.780.97-0.950.990.86
0.970.830.98-0.230.930.690.93-0.71-0.55-0.880.380.811.0-0.94-0.940.960.98-0.950.13-0.920.90.85-0.880.940.9
-0.72-0.44-0.610.76-0.86-0.7-0.87-0.710.770.860.01-0.73-0.720.720.72-0.71-0.710.740.460.88-0.48-0.940.94-0.83-0.79
-0.69-0.49-0.430.8-0.73-0.46-0.66-0.550.770.510.45-0.88-0.550.510.51-0.71-0.640.530.510.69-0.41-0.630.83-0.69-0.43
-0.84-0.7-0.850.39-0.94-0.74-0.97-0.880.860.51-0.31-0.72-0.90.940.94-0.82-0.860.950.090.96-0.7-0.980.89-0.94-0.89
0.170.070.420.580.110.070.20.380.010.45-0.31-0.240.38-0.34-0.340.130.2-0.310.7-0.190.50.22-0.030.130.55
0.920.830.75-0.570.910.630.840.81-0.73-0.88-0.72-0.240.8-0.78-0.780.930.89-0.8-0.26-0.840.650.73-0.890.90.58
0.970.820.98-0.240.940.70.941.0-0.72-0.55-0.90.380.8-0.95-0.950.960.98-0.960.12-0.930.890.86-0.880.950.91
-0.92-0.87-0.910.19-0.95-0.57-0.97-0.940.720.510.94-0.34-0.78-0.951.0-0.91-0.911.0-0.170.96-0.88-0.90.85-0.96-0.83
-0.92-0.87-0.910.19-0.95-0.57-0.97-0.940.720.510.94-0.34-0.78-0.951.0-0.91-0.911.0-0.170.96-0.88-0.90.85-0.96-0.83
1.00.890.93-0.340.950.660.920.96-0.71-0.71-0.820.130.930.96-0.91-0.910.99-0.930.01-0.910.850.8-0.910.960.78
0.990.860.97-0.340.940.750.920.98-0.71-0.64-0.860.20.890.98-0.91-0.910.99-0.93-0.01-0.90.820.82-0.90.960.83
-0.94-0.87-0.920.23-0.96-0.63-0.97-0.950.740.530.95-0.31-0.8-0.961.01.0-0.93-0.93-0.110.96-0.86-0.910.87-0.97-0.84
0.020.220.150.9-0.13-0.47-0.080.130.460.510.090.7-0.260.12-0.17-0.170.01-0.01-0.110.080.48-0.180.28-0.090.04
-0.92-0.78-0.850.44-0.99-0.65-1.0-0.920.880.690.96-0.19-0.84-0.930.960.96-0.91-0.90.960.08-0.79-0.970.96-0.98-0.86
0.850.80.850.090.770.30.780.9-0.48-0.41-0.70.50.650.89-0.88-0.880.850.82-0.860.48-0.790.67-0.70.790.76
0.820.620.78-0.510.940.70.970.85-0.94-0.63-0.980.220.730.86-0.9-0.90.80.82-0.91-0.18-0.970.67-0.930.930.88
-0.91-0.68-0.80.64-0.96-0.72-0.95-0.880.940.830.89-0.03-0.89-0.880.850.85-0.91-0.90.870.280.96-0.7-0.93-0.95-0.83
0.960.850.9-0.431.00.710.990.94-0.83-0.69-0.940.130.90.95-0.96-0.960.960.96-0.97-0.09-0.980.790.93-0.950.82
0.810.520.87-0.280.820.730.860.9-0.79-0.43-0.890.550.580.91-0.83-0.830.780.83-0.840.04-0.860.760.88-0.830.82
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Rigetti Computing Account Relationship Matchups

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Additional Information and Resources on Investing in Rigetti Stock

When determining whether Rigetti Computing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rigetti Computing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rigetti Computing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rigetti Computing Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigetti Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rigetti Computing. If investors know Rigetti will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rigetti Computing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.52)
Revenue Per Share
0.093
Quarterly Revenue Growth
0.387
Return On Assets
(0.24)
Return On Equity
(0.59)
The market value of Rigetti Computing is measured differently than its book value, which is the value of Rigetti that is recorded on the company's balance sheet. Investors also form their own opinion of Rigetti Computing's value that differs from its market value or its book value, called intrinsic value, which is Rigetti Computing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rigetti Computing's market value can be influenced by many factors that don't directly affect Rigetti Computing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rigetti Computing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rigetti Computing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rigetti Computing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.