Ridgetech (RDGT) Current Leases (2021 - 2024)
Ridgetech (RDGT) posted Current Leases of $2.7 million for Q3 2024, down 47.25% on a QoQ basis from $5.0 million in Q3 2023, and down 47.25% year-over-year from $5.0 million in Q4 2023.
Analysis
Ridgetech (RDGT) Current Leases (2021 - 2024) Analysis & Trends
Ridgetech has reported Current Leases for 4 years, with the latest figure at $2.7 million in Q3 2024.
- On a quarterly basis, Current Leases fell 47.25% year-over-year to $2.7 million in Q3 2024; TTM through Sep 2024 was $2.7 million, a 47.25% decrease from a year earlier, with the FY2023 full-year figure at $5.1 million, up 54.11% from the prior year.
- Current Leases was $2.7 million for Q3 2024 at Ridgetech, down from $5.0 million in the prior quarter.
- The five-year high for Current Leases was $5.1 million in Q1 2023, with the low at $788171.0 in Q1 2021.
- Average Current Leases over 4 years is $3.4 million, with a median of $3.3 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Current Leases soared 322.45% in 2022, then plunged 47.25% in 2024.
- Over 4 years, Current Leases stood at $1.6 million in 2021, then soared by 224.06% to $5.1 million in 2022, then decreased by 0.39% to $5.0 million in 2023, then slumped by 47.25% to $2.7 million in 2024.
- The last three Current Leases figures came in at $2.7 million (Q3 2024), $5.0 million (Q3 2023), and $5.1 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 104.59 Bn | 99.42 Bn | 3.69 Bn | 292.00 Mn |
| 2 | Cencora | 62.07 Bn | 59.25 Bn | 3.61 Bn | - |
| 3 | Cardinal Health | 55.70 Bn | 50.84 Bn | 2.56 Bn | - |
| 4 | Henry Schein | 9.91 Bn | 9.75 Bn | 1.10 Bn | 76.00 Mn |
| 5 | ZeroStack | 48.41 Mn | 45.45 Mn | 1.62 Mn | 116,000.00 |
| 6 | 111 | 30.02 Mn | -24.35 Mn | 18.18 Mn | - |
| 7 | Guardian Pharmacy Services | 5.58 Mn | -84.23 Mn | 80.04 Mn | 7.38 Mn |
| 8 | Ridgetech | 4.83 Mn | -13.18 Mn | - | - |
| 9 | DataMeds AI | 1.85 Mn | 1.80 Mn | 170,221.00 | 567,748.00 |
| 10 | MedWellAI | 1.47 Mn | 1.32 Mn | - | 31,350.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 2.66 Mn |
| Sep 30, 2023 | 5.04 Mn |
| Mar 31, 2023 | 5.13 Mn |
| Sep 30, 2022 | 5.06 Mn |
| Mar 31, 2022 | 3.33 Mn |
| Sep 30, 2021 | 1.56 Mn |
| Mar 31, 2021 | 788,171.00 |