Ridgefield Acquisition Corp
Ridgefield Acquisition Corp. does not have significant operations. Previously, the company was involved in the development of prototype micro-robotic devices. It intends to seek a merger, acquisition, or other business combination with an operating entity. The company was incorporated in 1983 and is based in Carson City, Nevada.
Ridgefield Acquisition Corp (RDGA) - Net Assets
Latest net assets as of September 2025: $-224.64K USD
Based on the latest financial reports, Ridgefield Acquisition Corp (RDGA) has net assets worth $-224.64K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.04K) and total liabilities ($242.68K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-224.64K |
| % of Total Assets | -1245.15% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 852.46 |
Ridgefield Acquisition Corp - Net Assets Trend (1995–2024)
This chart illustrates how Ridgefield Acquisition Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ridgefield Acquisition Corp (1995–2024)
The table below shows the annual net assets of Ridgefield Acquisition Corp from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-152.56K | -13.00% |
| 2023-12-31 | $-135.00K | -117.67% |
| 2022-12-31 | $-62.02K | -3402.50% |
| 2021-12-31 | $1.88K | +100.55% |
| 2020-12-31 | $-339.59K | -25.14% |
| 2019-12-31 | $-271.36K | -25.95% |
| 2018-12-31 | $-215.45K | -34.82% |
| 2017-12-31 | $-159.80K | -30.01% |
| 2016-12-31 | $-122.91K | -31.57% |
| 2015-12-31 | $-93.42K | -53.43% |
| 2014-12-31 | $-60.89K | -121.05% |
| 2013-12-31 | $-27.54K | -573.92% |
| 2012-12-31 | $5.81K | -85.50% |
| 2011-12-31 | $40.07K | -95.42% |
| 2010-12-31 | $875.53K | +0.56% |
| 2009-12-31 | $870.65K | +18.52% |
| 2008-12-31 | $734.63K | -22.18% |
| 2007-12-31 | $944.05K | +120.81% |
| 2006-12-31 | $427.53K | -1.09% |
| 2005-12-31 | $432.25K | +124.39% |
| 2004-12-31 | $192.63K | -17.96% |
| 2003-12-31 | $234.80K | -27.46% |
| 2002-12-31 | $323.68K | -3.72% |
| 2001-12-31 | $336.19K | -5.87% |
| 2000-12-31 | $357.14K | -6.02% |
| 1999-12-31 | $380.00K | +504.98% |
| 1998-12-31 | $-93.83K | -- |
| 1997-12-31 | $0.00 | -- |
| 1996-12-31 | $-141.60K | -108.95% |
| 1995-12-31 | $-67.76K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ridgefield Acquisition Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 83740100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.86K | % |
| Other Components | $1.94 Million | % |
| Total Equity | $-152.56K | 100.00% |
Ridgefield Acquisition Corp Competitors by Market Cap
The table below lists competitors of Ridgefield Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TRICAN WELL SVC (TWZ.SG)
STU:TWZ
|
$40.11K |
|
Red Eagle Mining Corporation
PINK:RDEMF
|
$40.12K |
|
Daewon Cable Co. Ltd.
KQ:006340
|
$40.12K |
|
Ideanomics Inc
NASDAQ:IDEX
|
$40.14K |
|
180 DEGREE CAP. DL-01
F:HH20
|
$40.05K |
|
CITY OF LON INV
BE:W8T
|
$40.03K |
|
MONEX GROUP
BE:NNL
|
$40.03K |
|
Formation Minerals, Inc.
PINK:FOMI
|
$40.01K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ridgefield Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -135,003 to -152,555, a change of -17,552.
- Net loss of 67,552 reduced equity.
- New share issuances of 50,000 increased equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-67.55K | -44.28% |
| Share Issuances | $50.00K | +32.78% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Ridgefield Acquisition Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $-0.15 | $0.27 | x |
| 1996-12-31 | $-0.31 | $0.27 | x |
| 1997-12-31 | $-3.41 | $0.27 | x |
| 1998-12-31 | $-0.19 | $0.27 | x |
| 1999-12-31 | $0.65 | $0.27 | x |
| 2000-12-31 | $0.52 | $0.27 | x |
| 2001-12-31 | $0.43 | $0.27 | x |
| 2002-12-31 | $0.40 | $0.27 | x |
| 2003-12-31 | $0.29 | $0.27 | x |
| 2004-12-31 | $0.24 | $0.27 | x |
| 2005-12-31 | $0.48 | $0.27 | x |
| 2006-12-31 | $0.38 | $0.27 | x |
| 2007-12-31 | $0.73 | $0.27 | x |
| 2008-12-31 | $0.64 | $0.27 | x |
| 2009-12-31 | $0.71 | $0.27 | x |
| 2010-12-31 | $0.69 | $0.27 | x |
| 2011-12-31 | $0.03 | $0.27 | x |
| 2012-12-31 | $0.00 | $0.27 | x |
| 2013-12-31 | $-0.02 | $0.27 | x |
| 2014-12-31 | $-0.05 | $0.27 | x |
| 2015-12-31 | $-0.07 | $0.27 | x |
| 2016-12-31 | $-0.10 | $0.27 | x |
| 2017-12-31 | $-0.13 | $0.27 | x |
| 2018-12-31 | $-0.17 | $0.27 | x |
| 2019-12-31 | $-0.22 | $0.27 | x |
| 2020-12-31 | $-0.27 | $0.27 | x |
| 2021-12-31 | $0.00 | $0.27 | x |
| 2022-12-31 | $-0.02 | $0.27 | x |
| 2023-12-31 | $-0.05 | $0.27 | x |
| 2024-12-31 | $-0.01 | $0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ridgefield Acquisition Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-112.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 0.00% | -12.67% | 2.30x | 0.00x | $-213.22K |
| 1996 | 0.00% | -3.73% | 2.51x | 0.00x | $-66.67K |
| 1997 | 0.00% | 4.52% | 3.23x | 0.00x | $277.85K |
| 1998 | 0.00% | -8.45% | 19.74x | 0.00x | $-220.06K |
| 1999 | 125.00% | 500.00% | 0.25x | 1.00x | $460.00K |
| 2000 | -30.35% | -5420000.00% | 0.00x | 1.01x | $-144.11K |
| 2001 | -27.60% | -667.72% | 0.04x | 1.02x | $-126.39K |
| 2002 | -63.07% | -2649.40% | 0.02x | 1.07x | $-236.50K |
| 2003 | -36.96% | -2820.51% | 0.01x | 1.26x | $-110.27K |
| 2004 | -25.05% | -164.65% | 0.10x | 1.58x | $-67.52K |
| 2005 | -9.13% | -487.37% | 0.02x | 1.02x | $-82.67K |
| 2006 | -32.51% | -963.72% | 0.03x | 1.02x | $-181.74K |
| 2007 | 6.35% | 56.45% | 0.11x | 1.01x | $-34.43K |
| 2008 | -17.91% | -5065.42% | 0.00x | 1.02x | $-205.01K |
| 2009 | 11.96% | 34.05% | 0.35x | 1.02x | $17.08K |
| 2010 | 26.89% | 0.00% | 0.00x | 1.02x | $147.88K |
| 2011 | -197.15% | -5308.94% | 0.03x | 1.42x | $-83.00K |
| 2012 | -0.59% | -71.38% | 0.00x | 3.85x | $-615.46 |
| 2013 | 0.00% | 0.00% | -0.07x | 0.00x | $-30.60K |
| 2014 | 0.00% | 0.00% | -3.59x | 0.00x | $-27.15K |
| 2015 | 0.00% | 0.00% | -5.81x | 0.00x | $-23.19K |
| 2016 | 0.00% | 0.00% | -4.60x | 0.00x | $-17.20K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-20.91K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-34.10K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-47.83K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-57.69K |
| 2021 | -3116.77% | 0.00% | 0.00x | 3.00x | $-58.72K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-60.26K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-59.48K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-52.30K |
Industry Comparison
This section compares Ridgefield Acquisition Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ridgefield Acquisition Corp (RDGA) | $-224.64K | 0.00% | N/A | $40.09K |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |