Ridgetech, Inc. - Asset Resilience Ratio
Ridgetech, Inc. (RDGT) has an Asset Resilience Ratio of 0.08% as of September 2022. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check RDGT strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2022)
This chart shows how Ridgetech, Inc.'s Asset Resilience Ratio has changed over time. See Ridgetech, Inc. balance sheet quality to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Ridgetech, Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Ridgetech, Inc. (RDGT) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $84.36K | 0.08% |
| Total Liquid Assets | $84.36K | 0.08% |
Asset Resilience Insights
- Limited Liquidity: Ridgetech, Inc. maintains only 0.08% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Ridgetech, Inc. Industry Peers by Asset Resilience Ratio
Compare Ridgetech, Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Raia Drogasil S.A
SA:RADL3 |
Pharmaceutical Retailers | 0.38% |
|
Oriola-KD Oyj B
HE:OKDBV |
Pharmaceutical Retailers | 14.13% |
|
d1000 Varejo Farma Participações S.A
SA:DMVF3 |
Pharmaceutical Retailers | 2.05% |
|
Empreendimentos Pague Menos S.A
SA:PGMN3 |
Pharmaceutical Retailers | 0.00% |
|
High Tide Inc
V:HITI |
Pharmaceutical Retailers | 0.03% |
|
Yifeng Pharmacy
SHG:603939 |
Pharmaceutical Retailers | 19.16% |
|
Dashenlin Pharm Grp Co Ltd
SHG:603233 |
Pharmaceutical Retailers | 0.80% |
|
Laobaixing Pharmacy
SHG:603883 |
Pharmaceutical Retailers | 0.01% |
Annual Asset Resilience Ratio for Ridgetech, Inc. (2015–2022)
The table below shows the annual Asset Resilience Ratio data for Ridgetech, Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-03-31 | 0.09% | $94.65K | $106.38 Million | +0.00pp |
| 2021-03-31 | 0.09% | $91.47K | $106.31 Million | -0.07pp |
| 2020-03-31 | 0.16% | $157.16K | $99.52 Million | -0.09pp |
| 2019-03-31 | 0.25% | $180.93K | $72.73 Million | +0.01pp |
| 2018-03-31 | 0.24% | $175.14K | $73.81 Million | +0.11pp |
| 2017-03-31 | 0.13% | $87.07K | $67.17 Million | -0.62pp |
| 2016-03-31 | 0.75% | $465.17K | $62.07 Million | -1.45pp |
| 2015-03-31 | 2.20% | $1.31 Million | $59.51 Million | -- |
About Ridgetech, Inc.
Ridgetech, Inc. operates as a wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. It operates through three segments: Retail Drugstores, Online Pharmacy, and Drug Wholesale. The company engages in offline and online wholesale distribution of pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, tra… Read more