Ridgetech (RDGT) Operating Leases (2021 - 2024)

Ridgetech (RDGT) recorded quarterly Operating Leases of $6.5 million in Q3 2024, up 2.02% quarter-over-quarter from $6.4 million in Q1 2024, and down 12.25% on a YoY basis from $7.4 million in Q4 2023.

Ridgetech (RDGT) Operating Leases (2021 - 2024) Analysis & Trends

Ridgetech's Operating Leases history runs 4 years deep, the most recent figure standing at $6.5 million for Q3 2024.

  • In Q3 2024, Operating Leases fell 12.25% year-over-year to $6.5 million; the TTM figure through Sep 2024 stood at $6.5 million (down 12.25% YoY), while the FY2024 annual figure was $6.4 million, down 100.0% from the prior year.
  • Operating Leases was $6.5 million for Q3 2024 at Ridgetech, up from $6.4 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $16063.3 billion in Q3 2021 to a low of $6.4 million in Q1 2024.
  • Historically, Operating Leases has averaged $6018.3 billion across 4 years, with a median of $3884.1 billion in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Leases tumbled 100.0% in 2022, then fell 12.11% in 2023.
  • A 4-year view of Operating Leases shows it stood at $16063.3 billion in 2021, then sank by 100.0% to $8.5 million in 2022, then declined by 12.11% to $7.4 million in 2023, then fell 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.

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
DateValue
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