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| 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 |