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 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Lyra Therapeutics Inc
NASDAQ:LYRA
|
0.566x |
|
Eleco PLC
LSE:ELCO
|
0.162x |
|
GLOBAL HELIUM CORP.
F:5P0
|
N/A |
|
Sagalio Energy Ltd
AU:SAN
|
-0.002x |
|
Global Energy Metals Corp
V:GEMC
|
-0.028x |
|
Value Management & Research AG
F:VMR1
|
0.239x |
|
Diamcor Mining
V:DMI
|
-0.005x |
|
ARWAY CORP.
F:E65
|
0.458x |
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 RDGT market cap.
| 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