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 | 330.47 Bn | 215.10 Bn | 36.67 Bn | 57.72 Bn |
| 2 | Cvs Health | 108.89 Bn | 61.49 Bn | 47.23 Bn | 35.88 Bn |
| 3 | Mckesson | 104.86 Bn | 91.32 Bn | 3.69 Bn | - |
| 4 | Elevance Health | 82.79 Bn | -58.96 Bn | 13.45 Bn | 11.13 Bn |
| 5 | Cigna | 70.83 Bn | 40.37 Bn | 14.97 Bn | 20.00 Bn |
| 6 | Cencora | 59.11 Bn | 48.20 Bn | 3.61 Bn | - |
| 7 | Cardinal Health | 53.53 Bn | 37.53 Bn | 2.56 Bn | - |
| 8 | Humana | 45.57 Bn | -42.23 Bn | 5.50 Bn | 650.00 Mn |
| 9 | Centene | 30.12 Bn | -60.16 Bn | 14.55 Bn | 16.30 Bn |
| 10 | Ridgetech | 4.98 Mn | -70.74 Mn | - | - |
Historic 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 | 4.51 Mn |
| Sep 30, 2021 | 3.98 Mn |
| Mar 31, 2021 | -1.47 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();