The company maintains a robust liquidity profile with a current ratio of 5.55, though total assets have contracted significantly from $601.9 million in 2023Q4 to $374.9 million in 2026Q1.
| Total Current Assets | 322.58M | 355.86M | 433.7M | 532.3M | 529.93M | 565.07M | 163.5M | 100.88M |
| Cash & Short-Term Investments | 276.34M | 297.58M | 376.06M | 474.81M | 475.67M | 503.27M | 117.62M | 72.71M |
| Cash Only | 139.87M | 162.15M | 371.06M | 440.84M | 188.67M | 418.14M | 103.61M | 72.71M |
| Short-Term Investments | 136.48M | 135.43M | 5M | 33.97M | 287M | 85.13M | 14.01M | 0 |
| Accounts Receivable | 34.07M | 48.45M | 47.8M | 46.89M | 37.55M | 35.48M | 37.19M | 25.21M |
| Days Sales Outstanding | 38.2 | 51.32 | 53.27 | 57.5 | 52.46 | 56.51 | 79.98 | 70.49 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 12.17M | 9.82M | 9.83M | 10.61M | 2.35M | 7.23M | 3.05M | 157K |
| Total Non-Current Assets | 52.3M | 54.71M | 62.16M | 69.63M | 77.05M | 35.56M | 17.06M | 9.18M |
| Property, Plant & Equipment | 30.63M | 32.17M | 38.01M | 45.38M | 53.74M | 16.97M | 4.64M | 4.08M |
| Fixed Asset Turnover | 10.66x | 10.71x | 8.62x | 6.56x | 4.86x | 13.50x | 36.58x | 32.01x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 3.5M | 5M | 3.5M | 2.1M | 758K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 21.68M | 22.54M | 24.15M | 20.75M | 18.31M | 15.09M | 10.32M | 4.35M |
| Total Assets | 374.88M | 410.57M | 495.86M | 601.93M | 606.98M | 600.63M | 180.56M | 110.07M |
| Asset Turnover | 0.85x | 0.84x | 0.66x | 0.49x | 0.43x | 0.38x | 0.94x | 1.19x |
| Asset Growth % | -67.39% | -17.2% | -17.62% | -0.83% | 1.06% | 232.65% | 64.05% | - |
| Total Current Liabilities | 58.13M | 70.72M | 70.54M | 69.81M | 72.61M | 62.41M | 51.92M | 37.3M |
| Accounts Payable | 1.21M | 1.91M | 2.31M | 2.57M | 2.11M | 228K | 1.51M | 2.74M |
| Days Payables Outstanding | 3.62 | 4.14 | 5.38 | 6.47 | 6.11 | 0.78 | 7.15 | 15.43 |
| Short-Term Debt | 6.11M | 6.08M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 33.47M | 35.2M | 49.89M | 33.06M | 33.98M | 29.88M | 31.79M | 25.71M |
| Current Ratio | 5.55x | 5.03x | 6.15x | 7.62x | 7.30x | 9.05x | 3.15x | 2.70x |
| Quick Ratio | 5.55x | 5.03x | 6.15x | 7.62x | 7.30x | 9.05x | 3.15x | 2.70x |
| Cash Conversion Cycle | 34.58 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 44.52M | 45.09M | 43.02M | 40.4M | 39.94M | 9.36M | 3.3M | 8.02M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 77.13M | 18.95M | 21.94M | 25.69M | 31.2M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 14.71M | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 26.76M | 26.14M | 21.08M | 0 | 8.73M | 9.36M | 3.3M | 6.11M |
| Total Liabilities | 102.65M | 115.81M | 113.56M | 110.21M | 112.55M | 71.77M | 55.22M | 45.31M |
| Total Debt | 23.87M | 25.02M | 27.53M | 31.31M | 37.42M | 0 | 0 | 0 |
| Net Debt | -115.99M | -137.13M | -343.53M | -409.53M | -151.25M | -418.14M | -103.61M | -72.71M |
| Debt / Equity | 0.09x | 0.08x | 0.07x | 0.06x | 0.08x | - | - | - |
| Debt / EBITDA | -1.78x | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 8.65x | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - |
| Total Equity | 272.23M | 294.76M | 382.3M | 491.72M | 494.44M | 528.86M | 125.34M | 64.75M |
| Equity Growth % | -89.01% | -22.9% | -22.25% | -0.55% | -6.51% | 321.93% | 93.57% | - |
| Book Value per Share | 1.85 | 1.87 | 2.24 | 2.78 | 2.95 | 6.92 | 1.41 | 0.73 |
| Total Shareholders' Equity | 272.23M | 294.76M | 382.3M | 491.72M | 494.44M | 528.86M | 125.34M | 64.75M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 4K | 4K |
| Retained Earnings | -478.48M | -474.06M | -446.49M | -411.57M | -352.53M | -246.56M | -67.68M | -56.33M |
| Treasury Stock | -288.09M | -260.45M | -154.22M | -13.15M | 0 | 0 | 0 | 0 |
| Accumulated OCI | 152K | -62K | 887K | 74K | -1.64M | 176K | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Geopolitical and Model Accuracy
As reported in financial statements, Riskified's total assets have declined from $601.9 million in 2023Q4 to $374.9 million in 2026Q1, a trend that reflects both the aggressive use of cash for share repurchases and a broader contraction in the company's overall balance sheet scale over time.
The consistent reduction in total assets suggests that the company is shrinking its capital base rather than reinvesting for growth. This trajectory warrants investigation into whether management views internal reinvestment opportunities as insufficient to generate adequate returns, opting instead to return capital to shareholders.
Based on the most recent quarterly data, Riskified maintains a current ratio of 5.55, which provides a substantial liquidity buffer against potential short-term shocks, even as cash reserves have decreased from $440.8 million in 2023Q4 to $139.9 million in the most recent reporting period.
The high current ratio indicates that the company remains well-positioned to meet its short-term obligations despite the ongoing cash burn. However, the rapid depletion of cash reserves suggests that this liquidity position, while currently robust, may face pressure if the company does not achieve sustainable operating cash flow.
According to recent SEC filings, Riskified's equity base has eroded from $491.7 million in 2023Q4 to $272.2 million in 2026Q1, primarily driven by a persistent and deepening accumulated deficit that reached -$478.5 million, signaling significant long-term value destruction for shareholders since the company's public debut.
The widening negative retained earnings highlight the company's inability to translate its revenue into bottom-line profitability. Investors should monitor whether this trend continues to dilute the book value of equity, as it may eventually limit the company's financial flexibility if external financing becomes necessary.
As disclosed in financial statements, the absence of goodwill and intangible assets as of 2026Q1 suggests that the company has fully written down previous acquisitions, which may indicate that past inorganic growth strategies failed to deliver the expected synergies or long-term value to the core platform.
The lack of goodwill on the balance sheet simplifies the asset profile but also raises questions about the company's historical M&A efficacy. This clean slate may provide a clearer view of the underlying business, yet it also suggests that future growth must be entirely organic, which is currently facing significant headwinds.
Quick answers to the most common questions about buying RSKD stock.
As of 2025, Riskified Ltd. (RSKD) had total assets of $410.6M including $355.9M in current assets.
Riskified Ltd. (RSKD) carries total debt of $25.0M, offset by $297.6M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Riskified Ltd. (RSKD) has total shareholders' equity (book value) of $294.8M ($1.87 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Riskified Ltd. (RSKD) reported a current ratio of 5.03x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.