Ridgetech (RDGT) Current Leases (2021 - 2024)
Ridgetech (RDGT) posted quarterly Current Leases of $2.7 million for Q3 2024, down 47.25% year-over-year from $5.0 million in Q4 2023, and down 92.54% on a QoQ basis from $35.7 million in Q1 2024.
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.
- Current Leases for Q3 2024 came in at $2.7 million, down 47.25% year-over-year; the trailing twelve-month figure through Sep 2024 was $2.7 million (down 47.25% YoY), and the FY2024 annual result was $35.7 million, down 100.0% from the prior year.
- Current Leases fell to $2.7 million in Q3 2024, from $35.7 million in the prior quarter.
- Over five years, Current Leases peaked at $5131.4 billion in Q1 2023 and troughed at $2.7 million in Q3 2024.
- A 4-year average of $1351.4 billion and a median of $394.1 billion in 2021 frame the typical range for Current Leases.
- The largest YoY upside for Current Leases was 322.45% in 2022 against a maximum downside of 100.0% in 2022.
- A 4-year view of Current Leases shows it stood at $1562.3 billion in 2021, then tumbled by 100.0% to $5.1 million in 2022, then fell by 0.39% to $5.0 million in 2023, then plunged by 47.25% to $2.7 million in 2024.
- Per Business Quant data, the three most recent Current Leases figures were $2.7 million in Q3 2024, $35.7 million in Q1 2024, and $5.0 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn | 7.23 Mn |
| 2 | BioScience Health Innovations | 46.85 Mn | 46.14 Mn | 659,483.00 | - |
| 3 | Petmed Express | 38.27 Mn | 25.17 Mn | 11.33 Mn | 414,000.00 |
| 4 | Scienture Holdings | 18.71 Mn | 18.71 Mn | 335,779.00 | 2,546.00 |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 | - |
| 6 | Ridgetech | 58,250.67 | -17.85 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 2.66 Mn |
| Mar 31, 2024 | 35.68 Mn |
| Sep 30, 2023 | 5.04 Mn |
| Mar 31, 2023 | 5,131.37 Bn |
| Sep 30, 2022 | 5.06 Mn |
| Mar 31, 2022 | 3,329.62 Bn |
| Sep 30, 2021 | 1,562.32 Bn |
| Mar 31, 2021 | 788.17 Bn |