Ridgetech RDGT
NASDAQ RDGT
$0.81 +0.00 (+0.53%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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