Ridgetech (RDGT) Operating Leases (2021 - 2024)
Ridgetech's Operating Leases was $6.53 million in the quarter ended Sep 30, 2024, down 12.3% from $7.45 million a year earlier.
Analysis
Ridgetech (RDGT) Operating Leases (2021 - 2024) Analysis & Trends
As of Mar 31, 2024, Operating Leases at Ridgetech came in at $6.4 million, down 17.6% from the prior year.
- Operating Leases has now declined for three consecutive years, with a three-year compound annual growth rate of -24.9% (years ended Mar 2021 to Mar 2024).
- In earlier years, Operating Leases was $7.77 million in the year ended Mar 31, 2023 (-15.5%), $9.2 million in the year ended Mar 31, 2022 (-39.2%) and $15.12 million in the year ended Mar 31, 2021.
- Quarterly Operating Leases has moved between $6.4 million (the quarter ended Mar 31, 2024) and $16.06 million (the quarter ended Sep 30, 2021) over five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn |
| 10 | Ridgetech | 4.74 Mn | -70.97 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 6.53 Mn |
| Mar 31, 2024 | 6.40 Mn |
| Sep 30, 2023 | 7.45 Mn |
| Mar 31, 2023 | 7.77 Mn |
| Sep 30, 2022 | 8.47 Mn |
| Mar 31, 2022 | 9.20 Mn |
| Sep 30, 2021 | 16.06 Mn |
| Mar 31, 2021 | 15.12 Mn |
API Access
Ridgetech Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=RDGT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "RDGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=RDGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();