Ridgetech (RDGT) Long-Term Investments (2020 - 2024)

Ridgetech (RDGT) recorded quarterly Long-Term Investments of $1.2 million in Q3 2024, up 210.17% quarter-over-quarter from -$1.1 million in Q1 2024, and up 209.58% on a YoY basis from $397237.1 in Q4 2023.

Ridgetech (RDGT) Long-Term Investments (2020 - 2024) Analysis & Trends

Ridgetech's Long-Term Investments history runs 5 years deep, the most recent figure standing at $1.2 million for Q3 2024.

  • In Q3 2024, Long-Term Investments rose 209.58% year-over-year to $1.2 million; the TTM figure through Sep 2024 stood at $1.2 million (up 209.58% YoY), while the FY2024 annual figure was $1.2 million, down 100.0% from the prior year.
  • Long-Term Investments was $1.2 million for Q3 2024 at Ridgetech, up from -$1.1 million in the prior quarter.
  • In the past five years, Long-Term Investments ranged from a high of $4511.5 billion in Q1 2022 to a low of -$2.6 million in Q1 2020.
  • Historically, Long-Term Investments has averaged $943.7 billion across 5 years, with a median of -$4379.0 in 2023.
  • The sharpest annual moves came in 2022 and 2024: Long-Term Investments jumped 306882672.09% in 2022, then slumped 25390.11% in 2024.
  • A 5-year view of Long-Term Investments shows it stood at -$2.6 million in 2020, then surged by 155117250.48% to $3982.0 billion in 2021, then slumped by 100.0% to $3.9 million in 2022, then sank by 128.51% to -$1.1 million in 2023, then surged by 209.58% to $1.2 million in 2024.
  • The last three Long-Term Investments figures came in at $1.2 million (Q3 2024), -$1.1 million (Q1 2024), and -$1.1 million (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 High Tide 558.20 Mn 531.28 Mn 32.00 Mn -
2 Wellgistics Health 385.01 Mn 384.95 Mn 170,221.00 -
3 Petmed Express 35.71 Mn 8.80 Mn 9.46 Mn -
4 Scienture Holdings 14.72 Mn 14.72 Mn 53,850.00 -
5 Ridgetech 15.50 -4.11 Mn - -
6 Scientist Home Future Health - - 32,589.00 -
7 BioScience Health Innovations - - 485,596.00 -
8 Rest Ez - - - -
9 Polomar Health Services - - 550,489.00 -

Historic Data

Download Data
DateValue
Sep 30, 2024 1.23 Mn
Mar 31, 2024 -1.12 Mn
Sep 30, 2023 -1.12 Mn
Mar 31, 2023 -4,379.00
Sep 30, 2022 3.94 Mn
Mar 31, 2022 4,511.54 Bn
Sep 30, 2021 3,981.99 Bn
Mar 31, 2021 -1.47 Mn
Mar 31, 2020 -2.57 Mn