Riot Platforms Inc
F:AP4N

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Riot Platforms Inc
F:AP4N
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Price: 10.398 EUR -6.27% Market Closed
Market Cap: 3.2B EUR
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Riot Platforms Inc
Other Current Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
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Riot Platforms Inc
Other Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
Riot Platforms Inc
F:AP4N
Other Current Assets
$155.7m
CAGR 3-Years
360%
CAGR 5-Years
139%
CAGR 10-Years
78%
Salesforce Inc
NYSE:CRM
Other Current Assets
$4.2B
CAGR 3-Years
47%
CAGR 5-Years
30%
CAGR 10-Years
19%
Palantir Technologies Inc
NYSE:PLTR
Other Current Assets
$99.7m
CAGR 3-Years
4%
CAGR 5-Years
3%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Other Current Assets
$160.2m
CAGR 3-Years
49%
CAGR 5-Years
78%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Other Current Assets
$6B
CAGR 3-Years
103%
CAGR 5-Years
53%
CAGR 10-Years
26%
Adobe Inc
NASDAQ:ADBE
Other Current Assets
$1.3B
CAGR 3-Years
9%
CAGR 5-Years
12%
CAGR 10-Years
17%
No Stocks Found

Riot Platforms Inc
Glance View

Market Cap
3.4B EUR
Industry
Technology

Riot Platforms Inc. has carved out its niche within the fast-paced cryptocurrency market, positioning itself as a major player in Bitcoin mining. Unlike the conventional image of a tech company, Riot Platforms operates at the intersection of cutting-edge technology and old-school resource management. Located primarily in the energy-abundant regions of Texas, the company capitalizes on strategic partnerships and their ability to secure low-cost power agreements, which is crucial in a business where electricity consumption is one of the biggest operational expenses. Using an extensive fleet of advanced mining rigs, Riot effectively transforms electrical energy into digital currency, a process that is pivotal to supporting and validating the decentralized Bitcoin network. The company’s profitability hinges on its ability to maintain operational efficiency and continuously upgrade its mining hardware to keep up with the increasingly complex algorithms used in Bitcoin mining. By mining Bitcoin, Riot generates revenue through accumulating and selling the cryptocurrency when market conditions are favorable. Additionally, amid the volatile swings of Bitcoin's price, Riot has adopted strategic treasury management practices to navigate market risks, ensuring liquidity and financial stability. Their multi-pronged approach, which includes infrastructure investments and carefully managing their balance of mined cryptocurrency, allows Riot Platforms to strive for growth and resilience in an industry known for its unpredictability.

AP4N Intrinsic Value
15.949 EUR
Undervaluation 35%
Intrinsic Value
Price

See Also

What is Riot Platforms Inc's Other Current Assets?
Other Current Assets
155.7m USD

Based on the financial report for Sep 30, 2024, Riot Platforms Inc's Other Current Assets amounts to 155.7m USD.

What is Riot Platforms Inc's Other Current Assets growth rate?
Other Current Assets CAGR 10Y
78%

Over the last year, the Other Current Assets growth was 165%. The average annual Other Current Assets growth rates for Riot Platforms Inc have been 360% over the past three years , 139% over the past five years , and 78% over the past ten years .

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