Ridgetech (RDGT) Debt Ratio (2021 - 2026)
Ridgetech's Debt Ratio came in at 0.04 for the quarter ended Mar 31, 2026, down 79.6% from 0.20 a year earlier.
Analysis
Ridgetech (RDGT) Debt Ratio (2021 - 2026) Analysis & Trends
Going back to the quarter ended Mar 31, 2021, Ridgetech's Debt Ratio data covers 11 quarters.
- Going back by year, Debt Ratio was 0.20 in the year ended Mar 31, 2025 (-89.0%), 1.79 in the year ended Mar 31, 2024 (+431.8%), 0.34 in the year ended Mar 31, 2023 (-1.9%) and 0.34 in the year ended Mar 31, 2022 (+19.5%).
- The figure for the quarter ended Mar 31, 2026 represents the lowest quarterly Debt Ratio in data going back to the quarter ended Mar 31, 2021.
- Year-over-year, Debt Ratio increased in 1 of the last four quarters, with an average decline of 32.1%.
- The fastest year-over-year change in Debt Ratio over five years came in the quarter ended Sep 30, 2024 (growth of 49.9%), and the weakest in the quarter ended Mar 31, 2026 (a decline of 79.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 377.07 Bn | 255.64 Bn | 36.67 Bn | 0.24 |
| 2 | Cvs Health | 120.51 Bn | 72.92 Bn | 47.23 Bn | 0.24 |
| 3 | Mckesson | 120.17 Bn | 104.07 Bn | 3.69 Bn | 0.11 |
| 4 | Elevance Health | 95.59 Bn | -46.30 Bn | 13.45 Bn | 0.25 |
| 5 | Cigna | 80.40 Bn | 49.65 Bn | 14.97 Bn | 0.20 |
| 6 | Cencora | 65.78 Bn | 54.68 Bn | 3.61 Bn | 0.14 |
| 7 | Cardinal Health | 60.68 Bn | 44.52 Bn | 2.56 Bn | 0.16 |
| 8 | Humana | 51.30 Bn | -36.56 Bn | 5.50 Bn | 0.26 |
| 9 | Centene | 34.84 Bn | -55.51 Bn | 14.55 Bn | 0.19 |
| 10 | Ridgetech | 4.44 Mn | -58.18 Mn | - | 0.04 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.04 |
| Sep 30, 2025 | 0.12 |
| Mar 31, 2025 | 0.20 |
| Sep 30, 2024 | 0.36 |
| Mar 31, 2024 | 0.08 |
| Sep 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.34 |
| Sep 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.34 |
| Sep 30, 2021 | 0.31 |
| Mar 31, 2021 | 0.28 |
API Access
Ridgetech Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=RDGT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "RDGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=RDGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();