Ridgetech (RDGT) Long-Term Investments (2021 - 2024)
Ridgetech (RDGT) posted quarterly Long-Term Investments of $1.2 million for Q3 2024, up 6.08% year-over-year from $1.2 million in Q4 2023, and up 210.17% on a QoQ basis from -$1.1 million in Q1 2024.
Ridgetech (RDGT) Long-Term Investments (2021 - 2024) Analysis & Trends
Ridgetech has reported Long-Term Investments for 4 years, with the latest figure at $1.2 million in Q3 2024.
- Long-Term Investments for Q3 2024 came in at $1.2 million, up 6.08% year-over-year; the trailing twelve-month figure through Sep 2024 was $1.2 million (up 6.08% YoY), and the FY2024 annual result was $1.2 million, down 100.0% from the prior year.
- Long-Term Investments grew to $1.2 million in Q3 2024, from -$1.1 million in the prior quarter.
- Over five years, Long-Term Investments peaked at $4511.5 billion in Q1 2022 and troughed at -$1.5 million in Q1 2021.
- A 4-year average of $1061.7 billion and a median of $1.2 million in 2023 frame the typical range for Long-Term Investments.
- The widest annual swing landed in 2022, when Long-Term Investments jumped 306882672.09%; it then sank 25390.11% in 2024.
- A 4-year view of Long-Term Investments shows it stood at $3982.0 billion in 2021, then tumbled by 100.0% to $3.9 million in 2022, then sank by 70.55% to $1.2 million in 2023, then rose by 6.08% to $1.2 million in 2024.
- Per Business Quant data, the three most recent Long-Term Investments figures were $1.2 million in Q3 2024, -$1.1 million in Q1 2024, and $1.2 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn | - |
| 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 | - |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 | - |
| 6 | Ridgetech | 58,214.34 | -17.85 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 1.23 Mn |
| Mar 31, 2024 | -1.12 Mn |
| Sep 30, 2023 | 1.16 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 |