RDGT
Price:
$3.97
Market Cap:
$23.24M
Ridgetech Inc operates as a holding company. The Company, through its subsidiaries, wholesales, distributes, and retails pharmaceutical and other healthcare products.
Industry
Medical - Distribution
IPO Date
2024-09-12
Stock Exchange
NASDAQ
Ticker
RDGT
According to Ridgetech Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.74. This represents a change of 45.43% compared to the average of 1.19 of the last 4 quarters.
The mean historical Current Ratio of Ridgetech Inc. over the last ten years is 1.15. The current 1.74 Current Ratio has changed 15.02% with respect to the historical average. Over the past ten years (40 quarters), RDGT's Current Ratio was at its highest in in the March 2025 quarter at 1.74. The Current Ratio was at its lowest in in the December 2013 quarter at 0.
Average
1.15
Median
1.09
Minimum
0.94
Maximum
1.74
Discovering the peaks and valleys of Ridgetech Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 85.46%
Maximum Annual Current Ratio = 1.74
Minimum Annual Increase = -18.70%
Minimum Annual Current Ratio = 0.94
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.74 | 85.46% |
| 2024 | 0.94 | -3.31% |
| 2023 | 0.97 | -4.25% |
| 2022 | 1.01 | -9.06% |
| 2021 | 1.11 | 4.83% |
| 2020 | 1.06 | 4.31% |
| 2019 | 1.02 | -10.47% |
| 2018 | 1.14 | -18.70% |
| 2017 | 1.40 | 25.65% |
| 2016 | 1.11 | 10.45% |
The current Current Ratio of Ridgetech Inc. (RDGT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.21
5-year avg
1.15
10-year avg
1.15
Ridgetech Inc.’s Current Ratio is less than Tenon Medical, Inc. (2.15), greater than Trinity Biotech plc (1.17), less than Advanced Biomed Inc. Common Stock (1.92), less than Beyond Air, Inc. (3.24), greater than Aptorum Group Limited (0.22), less than BioNexus Gene Lab Corp. (8.30), greater than Scienture Holdings, Inc. (0.11), less than Cellectar Biosciences, Inc. (2.15), less than Marker Therapeutics, Inc. (6.50), greater than AEON Biopharma, Inc. (0.90),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.15 | $9.72M | |
| 1.17 | $10.36M | |
| 1.92 | $8.23M | |
| 3.24 | $6.49M | |
| 0.22 | $10.00M | |
| 8.30 | $7.78M | |
| 0.11 | $9.33M | |
| 2.15 | $12.13M | |
| 6.50 | $15.33M | |
| 0.90 | $8.72M |
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