Ridgetech, Inc. (RDGT)

Ridgetech Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	17.91	12.78	2.3	18.81	18.46
Cash & Short-Term Investments	17.91	12.78	2.3	18.81	18.46
Cash Growth	40.11%	456.31%	-87.79%	1.89%	-16.62%
Accounts Receivable	32.47	27.81	6.01	14.12	16.74
Other Receivables	5.2	2.42	0.22	2.73	5.76
Receivables	37.66	30.23	6.23	16.84	22.5
Inventory	8.36	10.19	9.26	15.45	16.59
Prepaid Expenses	-	-	-	0.62	0.92
Restricted Cash	0.01	5.76	1.99	12.76	16.88
Other Current Assets	0.62	0.75	49.9	-	-
Total Current Assets	64.56	59.71	69.68	64.48	75.36
Property, Plant & Equipment	0.01	0.01	0.01	19.03	19.66
Long-Term Investments	-	-	-	1.77	4.51
Goodwill	1.46	1.46	-	-	-
Other Intangible Assets	3	3.3	1.28	3.89	4.32
Other Long-Term Assets	-	-	24.09	1.8	2.54
Total Assets	69.03	64.48	95.06	90.97	106.38

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	22.76	19.67	30.58	26.99	27.33
Accrued Expenses	0.21	0.2	0.2	1.44	2.12
Short-Term Debt	0.02	10.39	6.6	29.26	34.19
Current Portion of Long-Term Debt	-	-	-	-	1.96
Current Portion of Leases	-	-	-	5.13	3.33
Current Income Taxes Payable	1.79	1.52	0.54	1.71	1.38
Other Current Liabilities	3.12	2.58	36.45	2.01	4.14
Total Current Liabilities	27.89	34.36	74.36	66.54	74.45
Long-Term Leases	-	-	6.4	7.77	9.2
Long-Term Deferred Tax Liabilities	0.36	0.49	-	-	-
Total Liabilities	28.25	34.85	80.76	74.3	83.65

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	0.13	0.01	0.42	0.28	0.04
Additional Paid-In Capital	103.9	93.14	86.41	83.96	66.52
Retained Earnings	-64.56	-63.31	-72.2	-67.96	-46.83
Comprehensive Income & Other	1.31	-0.2	1.01	1.74	4.35
Total Common Equity	40.78	29.64	15.64	18.01	24.09
Minority Interest	-	-	-1.35	-1.35	-1.35
Shareholders' Equity	40.78	29.64	14.29	16.67	22.74
Total Liabilities & Equity	69.03	64.48	95.06	90.97	106.38

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	0.02	10.39	13	42.16	48.67
Net Cash (Debt)	17.88	2.39	-10.7	-23.35	-30.22
Net Cash Growth	647.90%	-	-	-	-
Net Cash Per Share	246.09	64.70	-	-	-
Filing Date Shares Outstanding	3.63	0.04	0.01	-	-
Total Common Shares Outstanding	0.89	0.04	0.01	-	-
Working Capital	36.66	25.35	-4.68	-2.05	0.91
Book Value Per Share	45.96	759.25	1345.72	-	-
Tangible Book Value	36.31	24.87	14.36	14.13	19.77
Tangible Book Value Per Share	40.92	637.13	1235.87	-	-
Buildings	-	-	-	6.07	6.58
Machinery	0.05	0.09	0.07	6.17	6.68
Leasehold Improvements	-	-	-	3.13	10.14

Data Source: S&P Global Market Intelligence Last updated: Mar 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 26, 2026

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