Ridgetech (RDGT) Notes Payables (2020 - 2025)
Ridgetech (RDGT) recorded quarterly Notes Payables of $306974.0 in Q3 2025, down 97.04% quarter-over-quarter from $10.4 million in Q1 2025, and down 92.07% on a YoY basis from $3.9 million in Q3 2024.
Ridgetech (RDGT) Notes Payables (2020 - 2025) Analysis & Trends
Ridgetech's Notes Payables history runs 6 years deep, the most recent figure standing at $306974.0 for Q3 2025.
- In Q3 2025, Notes Payables fell 92.07% year-over-year to $306974.0; the TTM figure through Sep 2025 stood at $306974.0 (down 92.07% YoY), while the FY2025 annual figure was $10.4 million, up 117.5% from the prior year.
- Notes Payables was $306974.0 for Q3 2025 at Ridgetech, down from $10.4 million in the prior quarter.
- In the past five years, Notes Payables ranged from a high of $10.4 million in Q1 2025 to a low of -$1.0 million in Q1 2023.
- Historically, Notes Payables has averaged $2.0 million across 5 years, with a median of $423010.5 in 2021.
- The sharpest annual moves came in 2023 and 2024: Notes Payables plunged 252.59% in 2023, then surged 937016.95% in 2024.
- A 5-year view of Notes Payables shows it stood at $477331.0 in 2021, then sank by 166.81% to -$318899.0 in 2022, then surged by 99.87% to -$413.0 in 2023, then soared by 937016.95% to $3.9 million in 2024, then slumped by 92.07% to $306974.0 in 2025.
- The last three Notes Payables figures came in at $306974.0 (Q3 2025), $10.4 million (Q1 2025), and $3.9 million (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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, 2025 | 306,974.00 |
| Mar 31, 2025 | 10.39 Mn |
| Sep 30, 2024 | 3.87 Mn |
| Mar 31, 2024 | 4.78 Mn |
| Sep 30, 2023 | -413.00 |
| Mar 31, 2023 | -1.04 Mn |
| Sep 30, 2022 | -318,899.00 |
| Mar 31, 2022 | 678,601.00 |
| Sep 30, 2021 | 477,331.00 |
| Mar 31, 2021 | 368,690.00 |
| Mar 31, 2020 | -22,963.00 |