Ridgetech RDGT
NASDAQ RDGT
$0.87 +0.04 (+4.64%)
As of: Sep 10, 2026 · 1:29 PM EDT

Ridgetech (RDGT) Non-Current Debt (2021 - 2023)

Ridgetech (RDGT) posted Non-Current Debt of $29.3 million for Q1 2023, down 14.42% on a QoQ basis from $34.2 million in Q1 2022, and down 14.42% year-over-year from $34.2 million in Q1 2022.

Analysis

Ridgetech (RDGT) Non-Current Debt (2021 - 2023) Analysis & Trends

Ridgetech has reported Non-Current Debt for 3 years, with the latest figure at $29.3 million in Q1 2023.

  • On a quarterly basis, Non-Current Debt fell 14.42% year-over-year to $29.3 million in Q1 2023; TTM through Mar 2023 was $29.3 million, a 14.42% decrease from a year earlier, with the FY2023 full-year figure at $29.3 million, down 14.42% from the prior year.
  • Non-Current Debt was $29.3 million for Q1 2023 at Ridgetech, down from $34.2 million in the prior quarter.
  • The five-year high for Non-Current Debt was $34.2 million in Q1 2022, with the low at $590640.0 in Q3 2021.
  • Average Non-Current Debt over 3 years is $16.5 million, with a median of $15.6 million recorded in 2021.
  • The sharpest annual moves came in 2022 and 2023: Non-Current Debt soared 1706.77% in 2022, then decreased 14.42% in 2023.
  • Over 3 years, Non-Current Debt stood at $590640.0 in 2021, then soared by 5688.47% to $34.2 million in 2022, then decreased by 14.42% to $29.3 million in 2023.
  • The last three Non-Current Debt figures came in at $29.3 million (Q1 2023), $34.2 million (Q1 2022), and $590640.0 (Q3 2021), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Mckesson 105.17 Bn 100.01 Bn 3.69 Bn 9.73 Bn
2 Cencora 62.52 Bn 59.71 Bn 3.61 Bn 11.72 Bn
3 Cardinal Health 56.10 Bn 51.24 Bn 2.56 Bn 7.00 Bn
4 Henry Schein 9.94 Bn 9.79 Bn 1.10 Bn 2.30 Bn
5 ZeroStack 48.34 Mn 45.38 Mn 1.62 Mn 2.41 Mn
6 111 30.11 Mn 113.01 Mn 18.18 Mn -
7 Guardian Pharmacy Services 5.49 Mn -84.32 Mn 80.04 Mn -
8 Ridgetech 4.89 Mn -13.11 Mn - -
9 DataMeds AI 1.84 Mn 1.79 Mn 170,221.00 12.60 Mn
10 MedWellAI 1.47 Mn 1.32 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2023 29.26 Mn
Mar 31, 2022 34.19 Mn
Sep 30, 2021 590,640.00
Mar 31, 2021 1.89 Mn