Ridgetech, Inc. (RDGT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ridgetech, Inc. (RDGT) has a cash flow conversion efficiency ratio of 0.180x as of September 2025. 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 ($5.35 Million) by net assets ($29.78 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See RDGT equity to assets ratio to measure how much of total assets are equity-financed.
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. Check RDGT cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Bessor Minerals Inc
V:BST
|
0.120x |
|
OSX Brasil S.A
SA:OSXB3
|
0.000x |
|
Contagious Gaming Inc
V:CNS
|
0.004x |
|
Sanderson Design Group PLC
LSE:SDG
|
0.018x |
|
CaNickel Mining Ltd
V:CML
|
0.002x |
|
Sunindo Adipersada Tbk Pt
JK:TOYS
|
-0.001x |
|
Lilium NV
NASDAQ:LILM
|
0.005x |
|
iPower Inc
NASDAQ:IPW
|
-0.051x |
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. For the full company profile with market capitalisation and key ratios, see market cap of Ridgetech, Inc..
| 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 | -- |
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