Ridgetech (RDGT) Debt Ratio (2021 - 2026)
Ridgetech (RDGT) posted quarterly Debt Ratio of 0.04 for Q1 2026, up 10.88% year-over-year from 0.04 in Q1 2025, and down 0.72% on a QoQ basis from 0.04 in Q3 2025.
Ridgetech (RDGT) Debt Ratio (2021 - 2026) Analysis & Trends
Ridgetech has reported Debt Ratio for 6 years, with the latest figure at 0.04 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.04, up 10.88% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.04 (up 10.88% YoY), and the FY2026 annual result was 0.04, up 10.88% from the prior year.
- Debt Ratio fell to 0.04 in Q1 2026, from 0.04 in the prior quarter.
- Over five years, Debt Ratio peaked at 21328.36 in Q1 2022 and troughed at 0.0 in Q1 2024.
- A 5-year average of 3975.93 and a median of 0.04 in 2026 frame the typical range for Debt Ratio.
- The widest annual swing landed in 2022, when Debt Ratio tumbled 100.0%; it then soared 1507.89% in 2025.
- A 5-year view of Debt Ratio shows it stood at 0.03 in 2022, then slumped by 48.29% to 0.02 in 2023, then surged by 717.52% to 0.14 in 2024, then sank by 72.24% to 0.04 in 2025, then retreated by 0.72% to 0.04 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.04 in Q1 2026, 0.04 in Q3 2025, and 0.04 in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn | 0.04 |
| 2 | BioScience Health Innovations | 58.76 Mn | 58.05 Mn | 659,483.00 | - |
| 3 | Petmed Express | 38.29 Mn | 25.19 Mn | 11.33 Mn | - |
| 4 | Scienture Holdings | 17.81 Mn | 17.81 Mn | 335,779.00 | 0.11 |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 | - |
| 6 | Ridgetech | 58,214.34 | -17.85 Mn | - | 0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.04 |
| Sep 30, 2025 | 0.04 |
| Mar 31, 2025 | 0.04 |
| Sep 30, 2024 | 0.14 |
| Mar 31, 2024 | 0.00 |
| Sep 30, 2023 | 0.02 |
| Mar 31, 2023 | 14,454.65 |
| Sep 30, 2022 | 0.03 |
| Mar 31, 2022 | 21,328.36 |
| Sep 30, 2021 | 37.93 Bn |
| Mar 31, 2021 | 45,454.24 |