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| Date | Value |
|---|---|
| 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 |