Ridgetech RDGT
NASDAQ RDGT
$0.80 -0.03 (-3.55%)
As of: Oct 21, 2026 · 11:19 AM EDT

Ridgetech (RDGT) Debt Ratio (2021 - 2026)

Updated

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

Historic Data

Download Data
DateValue
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