Ridgetech (RDGT) Operating Leases (2021 - 2024)

Ridgetech has reported Operating Leases for 4 years, with the latest figure at $6.5 million in Q3 2024.

• On a quarterly basis, Operating Leases fell 12.25% year-over-year to $6.5 million in Q3 2024; TTM through Sep 2024 was $6.5 million, a 12.25% decrease from a year earlier, with the FY2024 full-year figure at $6.4 million, down 17.56% from the prior year.
• Operating Leases was $6.5 million for Q3 2024 at Ridgetech, up from $6.4 million in the prior quarter.
• The five-year high for Operating Leases was $16.1 million in Q3 2021, with the low at $6.4 million in Q1 2024.
• Average Operating Leases over 4 years is $9.6 million, with a median of $8.1 million recorded in 2022.
• The sharpest annual moves came in 2022 and 2023: Operating Leases plunged 47.26% in 2022, then retreated 12.11% in 2023.
• Over 4 years, Operating Leases stood at $16.1 million in 2021, then sank by 47.26% to $8.5 million in 2022, then fell by 12.11% to $7.4 million in 2023, then retreated by 12.25% to $6.5 million in 2024.
• The last three Operating Leases figures came in at $6.5 million (Q3 2024), $6.4 million (Q1 2024), and $7.4 million (Q3 2023), per Business Quant data.