Ridgetech (RDGT) Debt Ratio (2021 - 2024)

Ridgetech's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.02 for Q3 2024.

• In Q3 2024, Debt Ratio rose 29.87% year-over-year to 0.02; the TTM figure through Sep 2024 stood at 0.02 (up 29.87% YoY), while the FY2024 annual figure was 0.02, down 25.15% from the prior year.
• Debt Ratio was 0.02 for Q3 2024 at Ridgetech, up from 0.02 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 132764.9 in Q3 2021 to a low of 0.01 in Q3 2022.
• Historically, Debt Ratio has averaged 24617.6 across 4 years, with a median of 0.02 in 2024.
• The sharpest annual moves came in 2022 and 2023: Debt Ratio tumbled 100.0% in 2022, then jumped 190.54% in 2023.
• A 4-year view of Debt Ratio shows it stood at 132764.9 in 2021, then sank by 100.0% to 0.01 in 2022, then soared by 190.54% to 0.02 in 2023, then climbed by 29.87% to 0.02 in 2024.
• The last three Debt Ratio figures came in at 0.02 (Q3 2024), 0.02 (Q1 2024), and 0.02 (Q3 2023), per Business Quant data.