RDGT
Price:
$0.7695
Market Cap:
$691.71K
Ridgetech, Inc. operates as a wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. It operates through three segments: Retail Drugstores, Online Pharmacy, and Drug Wholesale. The company engages in offline and online wholesale distribution of pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines (TCM), personal and family care products, and medical devices, as well as convenience products comprising consumable, seasonal, and promotional items. It also distributes other healthcare products, such as health food, cosmetics, and daily necessities. The company was forme...[Read more]
Industry
Medical - Distribution
IPO Date
2009-10-01
Stock Exchange
NASDAQ
Ticker
RDGT
According to Ridgetech, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.82. This represents a change of 28.71% compared to the average of 1.42 of the last 4 quarters.
The mean historical Current Ratio of Ridgetech, Inc. over the last ten years is 1.15. The current 1.82 Current Ratio has changed 15.76% with respect to the historical average. Over the past ten years (40 quarters), RDGT's Current Ratio was at its highest in in the September 2025 quarter at 1.82. 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 greater than Tenon Medical, Inc. (1.03), greater than Trinity Biotech plc (0.25), less than Advanced Biomed Inc. Common Stock (7.38), less than Beyond Air, Inc. (3.80), greater than Aptorum Group Limited (0.78), less than BioNexus Gene Lab Corp. (6.52), greater than Scienture Holdings, Inc. (1.70), less than Cellectar Biosciences, Inc. (1.90), less than Marker Therapeutics, Inc. (4.79), greater than AEON Biopharma, Inc. (0.99),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.03 | $1.42M | |
| 0.25 | $266.91M | |
| 7.38 | $11.88M | |
| 3.80 | $3.97M | |
| 0.78 | $5.40M | |
| 6.52 | $2.74M | |
| 1.70 | $5.64M | |
| 1.90 | $7.92M | |
| 4.79 | $11.99M | |
| 0.99 | $2.87M |
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