Ridgetech, Inc. (RDGT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ridgetech, Inc. (RDGT) has a cash flow conversion efficiency ratio of -0.165x as of June 2026. 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 ($-6.74 Million) by net assets ($40.78 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Ridgetech, Inc. market cap and net worth for the company's overall valuation and market capitalisation.
Ridgetech, Inc. - Cash Flow Conversion Efficiency Trend (2010–2026)
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. Explore how high is Ridgetech, Inc.'s earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Marston’s PLC
LSE:MARS
|
0.029x |
|
Transition Metals Corp
V:XTM
|
-0.209x |
|
EPRCOMUNICAZIONE S.P.A.
F:J3P
|
N/A |
|
Raja Ferry Port Public Company Limited
BK:RP
|
0.059x |
|
Chinhung International Inc. Pfd. Series 2
KO:002787
|
-0.027x |
|
Maxeon Solar Technologies Ltd
NASDAQ:MAXN
|
0.148x |
|
XORTX Therapeutics Inc
V:XRTX
|
-0.319x |
|
Prophecy International Holdings Ltd
AU:PRO
|
-2.309x |
Annual Cash Flow Conversion Efficiency for Ridgetech, Inc. (2010–2026)
The table below shows the annual cash flow conversion efficiency of Ridgetech, Inc. from 2010 to 2026. View RDGT live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2026-03-31 | $40.78 Million | $-1.39 Million | -0.034x | -181.19% |
| 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