RDGT (Ridgetech) Quick Ratio: 1.53 (As of Sep. 2025) — 82% Above Median

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RDGT Ridgetech Inc RDGT
40 GF Score
Price $1.26
GF Value $130.93
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Ridgetech Quick Ratio?

Ridgetech RDGT -10.07% 40 Quick Ratio is 1.53 as of Sep. 2025, which is 82% above its 10-year median of 0.84. GuruFocus rates RDGT with a GF Score™ of 40/100 and a GF Value™ of $130.93 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 679 Healthcare Providers & Services companies, Ridgetech ranks better than 58.47% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Ridgetech's quick ratio for the quarter that ended in Sep. 2025 was 1.53.

Ridgetech has a quick ratio of 1.53. It generally indicates good short-term financial strength.

The historical rank and industry rank for Ridgetech's Quick Ratio or its related term are showing as below:

RDGT' s Quick Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.84   Max: 1.53
Current: 1.53

During the past 13 years, Ridgetech's highest Quick Ratio was 1.53. The lowest was 0.72. And the median was 0.84.

RDGT's Quick Ratio is ranked better than
58.47% of 679 companies
in the Healthcare Providers & Services industry
Industry Median: 1.31 vs RDGT: 1.53

Ridgetech  (NAS:RDGT) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Ridgetech Quick Ratio Related Terms


Ridgetech Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ridgetech's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ridgetech Quick Ratio Chart

Ridgetech Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.80 0.74 0.82 1.45

Ridgetech Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.82 0.77 1.45 1.53

RDGT vs DHTI, PMHS, BLMH: Quick Ratio Comparison

For the Pharmaceutical Retailers subindustry, Ridgetech's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ridgetech Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ridgetech's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ridgetech's Quick Ratio falls into.


RDGT
40GF Score
Ridgetech Inc RDGT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ridgetech Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Ridgetech's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(59.709-9.758)/34.356
=1.45

Ridgetech's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(56.737-9.181)/31.121
=1.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.53 mean?
Ridgetech (RDGT) has a Quick Ratio of 1.53 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ridgetech and its competitors. This is 82% above median its historical median of 0.84. Over the past decade, Ridgetech's Quick Ratio has ranged from 0.72 to 1.53. According to the industry distribution chart, Ridgetech ranks #282 out of 679 companies in the Healthcare Providers & Services industry, placing it in the top 41.5%.
Is Ridgetech's Quick Ratio too high?
Ridgetech's current Quick Ratio of 1.53 is 82% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.53. The Healthcare Providers & Services industry median Quick Ratio is 1.31. Ridgetech's value of 1.53 is 16.8% above this industry median. Based on the distribution chart, Ridgetech ranks #282 out of 679 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Ridgetech has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ridgetech's Quick Ratio compare to DHTI and PMHS?
According to the Healthcare Providers & Services industry distribution chart, Ridgetech ranks #282 out of 679 companies for Quick Ratio. This puts Ridgetech in the upper half of its industry. The industry median Quick Ratio is 1.31. Ridgetech's value of 1.53 is 16.8% above this benchmark. Historically, Ridgetech's own Quick Ratio has ranged from 0.72 to 1.53 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.31, Ridgetech has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.31, based on 679 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ridgetech's current Quick Ratio of 1.53 is 16.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ridgetech and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ridgetech's current Quick Ratio is 1.53, which is 82% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ridgetech stock overvalued right now?
Based on GuruFocus' analysis, Ridgetech (RDGT) is currently considered Possible Value Trap. The stock's GF Value™ is $130.93, compared to a current price of $1.26 — trading 99% below its estimated fair value. The current Quick Ratio is 1.53, which is 82% above median its 10-year median of 0.84 and 16.8% above the Healthcare Providers & Services industry median of 1.31. Ridgetech's overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Ridgetech (RDGT), the current Quick Ratio is 1.53 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ridgetech (RDGT) Overvalued in 2026?

Based on GuruFocus' analysis, Ridgetech stock appears to be undervalued. The current stock price of $1.26 is trading 99% below its estimated GF Value™ of $130.93. GuruFocus considers Ridgetech to be Possible Value Trap.

Key valuation signals for RDGT:

  • Quick Ratio: 1.53 (82% above median its 10-year median of 0.84)
  • GF Value™: $130.93 vs. price of $1.26 (99% below fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 16.8% above the Healthcare Providers & Services median (#282 of 679)

No single metric tells the full story. See the RDGT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ridgetech Business Description

Address 18th Street, 5th Floor, Building 6, No. 100, Baiyang Sub-district, Qiantang District, Zhejiang Province, Hangzhou, CHN, 310008
Ridgetech Inc formerly China Jo-Jo Drugstores Inc is a retailer and distributor of pharmaceutical products. The company's operating segments include Retail drugstores, Online Pharmacy, and Drug wholesale. Retail drugstores segment sells prescription and over-the-counter medicines, TCM, dietary supplements, medical devices, and sundry items to retail customers. The online pharmacy segment sells drugs through third-party platforms such as Alibaba's Tmall, JD.com, and Amazon.com. It generates maximum revenue from the Retail drugstores segment.
40GF Score

Get the complete analysis for RDGT

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.26
Price
$130.93
GF Value