Ridgetech (RDGT) Operating Leases (2021 - 2024)
Ridgetech (RDGT) posted quarterly Operating Leases of $6.5 million for Q3 2024, down 12.25% year-over-year from $7.4 million in Q4 2023, and up 2.02% on a QoQ basis from $6.4 million in Q1 2024.
Ridgetech (RDGT) Operating Leases (2021 - 2024) Analysis & Trends
Ridgetech has reported Operating Leases for 4 years, with the latest figure at $6.5 million in Q3 2024.
- Operating Leases for Q3 2024 came in at $6.5 million, down 12.25% year-over-year; the trailing twelve-month figure through Sep 2024 was $6.5 million (down 12.25% YoY), and the FY2024 annual result was $6.4 million, down 100.0% from the prior year.
- Operating Leases climbed to $6.5 million in Q3 2024, from $6.4 million in the prior quarter.
- Over five years, Operating Leases peaked at $16063.3 billion in Q3 2021 and troughed at $6.4 million in Q1 2024.
- A 4-year average of $6018.3 billion and a median of $3884.1 billion in 2022 frame the typical range for Operating Leases.
- The widest annual swing landed in 2022, when Operating Leases slumped 100.0%; it then slipped 12.11% in 2023.
- A 4-year view of Operating Leases shows it stood at $16063.3 billion in 2021, then slumped by 100.0% to $8.5 million in 2022, then dropped by 12.11% to $7.4 million in 2023, then declined by 12.25% to $6.5 million in 2024.
- Per Business Quant data, the three most recent Operating Leases figures were $6.5 million in Q3 2024, $6.4 million in Q1 2024, and $7.4 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn |
| 2 | BioScience Health Innovations | 46.85 Mn | 46.14 Mn | 659,483.00 |
| 3 | Petmed Express | 38.27 Mn | 25.17 Mn | 11.33 Mn |
| 4 | Scienture Holdings | 18.71 Mn | 18.71 Mn | 335,779.00 |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 |
| 6 | Ridgetech | 58,250.67 | -17.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 6.53 Mn |
| Mar 31, 2024 | 6.40 Mn |
| Sep 30, 2023 | 7.45 Mn |
| Mar 31, 2023 | 7,768.22 Bn |
| Sep 30, 2022 | 8.47 Mn |
| Mar 31, 2022 | 9,197.03 Bn |
| Sep 30, 2021 | 16,063.31 Bn |
| Mar 31, 2021 | 15,118.08 Bn |