Ridgetech (RDGT) Long-Term Investments (2021 - 2024)
Ridgetech (RDGT) recorded Long-Term Investments of $1.23 million in the quarter ended Sep 30, 2024, up 6.1% from $1.16 million a year earlier.
Ridgetech (RDGT) Long-Term Investments (2021 - 2024) Analysis & Trends
As of Mar 31, 2024, Ridgetech reported Long-Term Investments of $1.2 million, down 32.6% from the prior year.
- Across earlier years, Long-Term Investments came in at $1.77 million in the year ended Mar 31, 2023 (-60.7%), $4.51 million in the year ended Mar 31, 2022 (+13.3%), $3.98 million in the year ended Mar 31, 2021 and -$2.57 million in the year ended Mar 31, 2020.
- The figure for the quarter ended Sep 30, 2024 is the highest quarterly Long-Term Investments since the quarter ended Sep 30, 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 356.05 Bn | 236.68 Bn | 35.71 Bn | 58.06 Bn |
| 2 | Mckesson | 123.13 Bn | 104.51 Bn | 3.96 Bn | - |
| 3 | Cvs Health | 109.04 Bn | 57.80 Bn | 47.21 Bn | 37.22 Bn |
| 4 | Elevance Health | 90.56 Bn | -52.02 Bn | 13.65 Bn | 11.51 Bn |
| 5 | Cigna | 77.41 Bn | 46.27 Bn | 15.09 Bn | 20.15 Bn |
| 6 | Cencora | 66.63 Bn | 55.53 Bn | 3.61 Bn | - |
| 7 | Cardinal Health | 63.51 Bn | 46.67 Bn | 2.60 Bn | - |
| 8 | Humana | 50.79 Bn | -37.07 Bn | 5.50 Bn | 650.00 Mn |
| 9 | Centene | 33.94 Bn | -60.76 Bn | 9.52 Bn | 14.79 Bn |
| 10 | Ridgetech | 6.37 Mn | -56.25 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 1.23 Mn |
| Mar 31, 2024 | 1.20 Mn |
| Sep 30, 2023 | 1.16 Mn |
| Mar 31, 2023 | 1.77 Mn |
| Sep 30, 2022 | 3.94 Mn |
| Mar 31, 2022 | 4.52 Mn |
| Sep 30, 2021 | 3.98 Mn |
| Mar 31, 2021 | 3.98 Mn |
Ridgetech Long-Term Investments 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=long-term-investments&ticker=RDGT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "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=long-term-investments&ticker=RDGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();