Ridgetech, Inc. Total Assets
Ridgetech, Inc. total assets. Based on the latest financial reports, Ridgetech, Inc. (RDGT) holds total assets worth $69.03 Million USD as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see market cap of Ridgetech, Inc. for the company's overall valuation and market capitalisation.
Total Assets of Ridgetech, Inc. (2007–2026)
Total assets of Ridgetech, Inc. from 2007 to 2026. This chart illustrates how Ridgetech, Inc.'s total assets have evolved over time, based on quarterly financial data. See RDGT share price today for real-time trading data and today's change.
Ridgetech, Inc. - Asset Composition Analysis
Ridgetech, Inc. Total Assets Breakdown (March 2026)
Ridgetech, Inc. total assets breakdown as of March 2026. Ridgetech, Inc.'s total assets of $69.03 Million consist of 93.5% current assets and 6.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 26.0% |
| Accounts Receivable | $37.99 Million | 55.0% |
| Inventory | $8.36 Million | 12.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.00 Million | 4.4% |
| Goodwill | $1.46 Million | 2.1% |
Asset Composition Trend (2007–2026)
This chart illustrates how Ridgetech, Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore working capital position of Ridgetech, Inc. to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ridgetech, Inc.'s current assets represent 93.5% of total assets in 2026, a decrease from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 26.0% of total assets in 2026, down from 100.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 55.0% of total assets.
Ridgetech, Inc. Competitors by Total Assets
Key competitors of Ridgetech, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Oriola-KD Oyj A
HE:OKDAV
|
Finland | €963.50 Million |
|
Raia Drogasil S.A
SA:RADL3
|
Brazil | R$25.13 Billion |
|
Empreendimentos Pague Menos S.A
SA:PGMN3
|
Brazil | R$9.81 Billion |
|
d1000 Varejo Farma Participações S.A
SA:DMVF3
|
Brazil | R$1.95 Billion |
|
High Tide Inc
V:HITI
|
Canada | CA$347.87 Million |
|
Yifeng Pharmacy
SHG:603939
|
China | CN¥26.07 Billion |
|
Dashenlin Pharm Grp Co Ltd
SHG:603233
|
China | CN¥26.83 Billion |
|
Laobaixing Pharmacy
SHG:603883
|
China | CN¥19.91 Billion |
Ridgetech, Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.31 | 1.05 | 1.03 |
| Quick Ratio | 2.01 | 0.76 | 0.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $36.66 Million | $3.54 Million | $1.50 Million |
Ridgetech, Inc. - Advanced Valuation Insights
This section examines the relationship between Ridgetech, Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.08 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 7.0% |
| Total Assets | $69.03 Million |
| Market Capitalization | $2.94 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ridgetech, Inc.'s assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ridgetech, Inc.'s assets grew by 7.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ridgetech, Inc. (2007–2026)
The table below shows the annual total assets of Ridgetech, Inc. from 2007 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | $69.03 Million | +7.04% |
| 2025-03-31 | $64.48 Million | -32.16% |
| 2024-03-31 | $95.06 Million | +4.49% |
| 2023-03-31 | $90.97 Million | -14.49% |
| 2022-03-31 | $106.38 Million | +0.07% |
| 2021-03-31 | $106.31 Million | +6.83% |
| 2020-03-31 | $99.52 Million | +36.83% |
| 2019-03-31 | $72.73 Million | -1.47% |
| 2018-03-31 | $73.81 Million | +9.88% |
| 2017-03-31 | $67.17 Million | +8.22% |
| 2016-03-31 | $62.07 Million | +4.31% |
| 2015-03-31 | $59.51 Million | +29.62% |
| 2014-03-31 | $45.91 Million | -32.33% |
| 2013-03-31 | $67.84 Million | -9.50% |
| 2012-03-31 | $74.96 Million | +38.98% |
| 2011-03-31 | $53.93 Million | +124.56% |
| 2010-03-31 | $24.02 Million | +1495379.27% |
| 2008-03-31 | $1.61K | -94.71% |
| 2007-03-31 | $30.35K | -- |
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 in two segments, Offline Wholesale and Online Platform. The company engages in the offline and online wholesale distribution of pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese med… Read more