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
Ridgetech, Inc. (RDGT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.495x
Based on the latest financial reports, Ridgetech, Inc. (RDGT) has a cash flow conversion efficiency ratio of -0.495x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-9.95 Million) by net assets ($20.12 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ridgetech, Inc. - Cash Flow Conversion Efficiency Trend (2010–2025)
This chart illustrates how Ridgetech, Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ridgetech, Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ridgetech, Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Papercorea
KO:001020
|
-0.054x |
|
Jeong Moon Information. Co. Ltd
KQ:033050
|
0.078x |
|
Fantasma Games AB
ST:FAGA
|
0.147x |
|
Global Oil & Gas Limited
PINK:BAKPF
|
-0.099x |
|
Quickfee Ltd
AU:QFE
|
-0.564x |
|
Shinhung
KO:004080
|
-0.009x |
|
Chin Yang Chem
KO:051630
|
-0.014x |
|
Alton Sports Co.Ltd
KQ:123750
|
0.190x |
Annual Cash Flow Conversion Efficiency for Ridgetech, Inc. (2010–2025)
The table below shows the annual cash flow conversion efficiency of Ridgetech, Inc. from 2010 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | $29.64 Million | $1.25 Million | 0.042x | +119.07% |
| 2024-03-31 | $14.29 Million | $-3.16 Million | -0.221x | -12.06% |
| 2023-03-31 | $16.67 Million | $-3.28 Million | -0.197x | +16.83% |
| 2022-03-31 | $22.74 Million | $-5.39 Million | -0.237x | -9178.89% |
| 2021-03-31 | $24.40 Million | $-62.29K | -0.003x | +99.31% |
| 2020-03-31 | $18.78 Million | $-6.91 Million | -0.368x | -11.42% |
| 2019-03-31 | $16.97 Million | $-5.60 Million | -0.330x | -200.84% |
| 2018-03-31 | $18.86 Million | $-2.07 Million | -0.110x | -287.64% |
| 2017-03-31 | $26.66 Million | $1.56 Million | 0.058x | -56.31% |
| 2016-03-31 | $19.32 Million | $2.59 Million | 0.134x | +116.98% |
| 2015-03-31 | $17.23 Million | $1.06 Million | 0.062x | +29.54% |
| 2014-03-31 | $14.36 Million | $684.12K | 0.048x | +679.84% |
| 2013-03-31 | $38.15 Million | $-313.34K | -0.008x | -102.15% |
| 2012-03-31 | $52.35 Million | $19.97 Million | 0.381x | +409.50% |
| 2011-03-31 | $42.06 Million | $-5.18 Million | -0.123x | -354.77% |
| 2010-03-31 | $16.69 Million | $807.31K | 0.048x | -- |