RIOT (Riot Platforms) Cash Ratio: 0.48 (As of Mar. 2026) — 90% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RIOT Riot Platforms Inc RIOT
69 GF Score
Price $20.17
GF Value $13.56
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Riot Platforms Cash Ratio?

Riot Platforms RIOT -8.82% 69 Cash Ratio is 0.48 as of Mar. 2026, which is 90% below its 10-year median of 4.78. GuruFocus rates RIOT with a GF Score™ of 69/100 and a GF Value™ of $13.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 683 Capital Markets companies, Riot Platforms ranks worse than 66.03% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Riot Platforms's Cash Ratio for the quarter that ended in Mar. 2026 was 0.48.

Riot Platforms has a Cash Ratio of 0.48. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Riot Platforms's Cash Ratio or its related term are showing as below:

RIOT' s Cash Ratio Range Over the Past 10 Years
Min: 0.1   Med: 4.78   Max: 98.04
Current: 0.48

During the past 13 years, Riot Platforms's highest Cash Ratio was 98.04. The lowest was 0.10. And the median was 4.78.

RIOT's Cash Ratio is ranked worse than
66.03% of 683 companies
in the Capital Markets industry
Industry Median: 0.93 vs RIOT: 0.48

Riot Platforms  (NAS:RIOT) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Riot Platforms Cash Ratio Related Terms


Riot Platforms Cash Ratio Historical Data

* Premium members only.

The historical data trend for Riot Platforms's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Riot Platforms Cash Ratio Chart

Riot Platforms Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.31 2.80 7.51 2.57 0.50

Riot Platforms Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.69 0.85 0.92 0.50 0.48

RIOT vs XP, SNEX, WULF: Cash Ratio Comparison

For the Capital Markets subindustry, Riot Platforms's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Riot Platforms Cash Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Riot Platforms's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Riot Platforms's Cash Ratio falls into.


RIOT
69GF Score
Riot Platforms Inc RIOT
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riot Platforms Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Riot Platforms's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=233.517/469.775
=0.50

Riot Platforms's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=205.666/429.319
=0.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.48 mean?
Riot Platforms (RIOT) has a Cash Ratio of 0.48 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Riot Platforms and its competitors. This is 90% below median its historical median of 4.78. Over the past decade, Riot Platforms' Cash Ratio has ranged from 0.10 to 98.04. According to the industry distribution chart, Riot Platforms ranks #451 out of 683 companies in the Capital Markets industry, placing it in the top 66%.
Is Riot Platforms' Cash Ratio too high?
Riot Platforms' current Cash Ratio of 0.48 is 90% below median its 10-year median of 4.78. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 98.04. The Capital Markets industry median Cash Ratio is 0.93. Riot Platforms' value of 0.48 is 48.4% below this industry median. Based on the distribution chart, Riot Platforms ranks #451 out of 683 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Riot Platforms has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' Cash Ratio compare to XP and SNEX?
According to the Capital Markets industry distribution chart, Riot Platforms ranks #451 out of 683 companies for Cash Ratio. This places Riot Platforms in the lower half of its industry. The industry median Cash Ratio is 0.93. Riot Platforms' value of 0.48 is 48.4% below this benchmark. Historically, Riot Platforms' own Cash Ratio has ranged from 0.10 to 98.04 over the past decade. While the company's 10-year median is 4.78 vs. the industry median of 0.93, Riot Platforms has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Capital Markets company?
The median Cash Ratio among Capital Markets companies is 0.93, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Riot Platforms's current Cash Ratio of 0.48 is 48.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Riot Platforms and its competitors. For the Capital Markets industry, the median Cash Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riot Platforms's current Cash Ratio is 0.48, which is 90% below median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riot Platforms stock overvalued right now?
Based on GuruFocus' analysis, Riot Platforms (RIOT) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.56, compared to a current price of $20.17 — trading 48.7% above its estimated fair value. The current Cash Ratio is 0.48, which is 90% below median its 10-year median of 4.78 and 48.4% below the Capital Markets industry median of 0.93. Riot Platforms' overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Riot Platforms (RIOT), the current Cash Ratio is 0.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Riot Platforms (RIOT) Overvalued in 2026?

Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued. The current stock price of $20.17 is trading 48.7% above its estimated GF Value™ of $13.56. GuruFocus considers Riot Platforms to be Significantly Overvalued.

Key valuation signals for RIOT:

  • Cash Ratio: 0.48 (90% below median its 10-year median of 4.78)
  • GF Value™: $13.56 vs. price of $20.17 (48.7% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 48.4% below the Capital Markets median (#451 of 683)

No single metric tells the full story. See the RIOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riot Platforms Business Description

Address 3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
69GF Score

Get the complete analysis for RIOT

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.17
Price
$13.56
GF Value