Ridgetech, Inc. Asset Resilience Ratio
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. See RDGT defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Ridgetech, Inc. (2015–2022)
Asset resilience ratio of Ridgetech, Inc. from 2015 to 2022. This chart shows how Ridgetech, Inc.'s Asset Resilience Ratio has changed over time. Read how much debt does Ridgetech, Inc. carry for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see how large is Ridgetech, Inc.'s balance sheet.
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 |
|---|---|---|
|
SHOP APOTH. UNSP.ADR/010
F:SAE1 |
Pharmaceutical Retailers | 9.15% |
|
Redcare Pharmacy NV
F:RDC |
Pharmaceutical Retailers | 9.15% |
|
Raia Drogasil S.A
SA:RADL3 |
Pharmaceutical Retailers | 0.46% |
|
Empreendimentos Pague Menos S.A
SA:PGMN3 |
Pharmaceutical Retailers | 0.00% |
|
d1000 Varejo Farma Participações S.A
SA:DMVF3 |
Pharmaceutical Retailers | 2.05% |
|
High Tide Inc
V:HITI |
Pharmaceutical Retailers | 0.02% |
|
Yifeng Pharmacy
SHG:603939 |
Pharmaceutical Retailers | 19.16% |
|
Dashenlin Pharm Grp Co Ltd
SHG:603233 |
Pharmaceutical Retailers | 0.80% |
Ridgetech, Inc. Asset Resilience Ratio by Year (2015–2022)
Ridgetech, Inc. asset resilience ratio by year from 2015 to 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 in two segments, Offline Wholesale and Online Platform. The company engages in the offline and online wholesale distribution of pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese med… Read more