Ridgetech (RDGT) Balance Sheet: Assets & Liabilities

Ridgetech (RDGT) Balance Sheet

As of Mar 31, 2026 (end of fiscal 2026), Ridgetech reported total assets of $69.03M and total liabilities of $28.25M. Shareholders' equity was $40.78M, up 37.6% from $29.64M a year earlier. Total debt stood at $22.67K against $17.91M in cash and short-term investments, a net cash position of $17.89M. That puts debt-to-equity at 0.00, compared with 0.35 a year earlier.

Ridgetech Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Ridgetech, Inc. (RDGT) - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Jun 2020	Jun 2019	Mar 2018
Current Assets
Cash and Cash Equivalents	17.91	12.78	2.30	18.81	18.46	16.18	9.32	15.13	18.36
Short-Term Investments	0.00	0.00	0.00	0.00	0.09	0.16	0.18	0.18	0.09
Cash & Short-Term Investments	17.91	12.78	2.30	18.81	18.46	16.33	9.50	15.31	18.45
Accounts Receivable	37.99	27.81	6.01	16.84	16.74	14.90	13.31	11.70	11.08
Inventory	8.36	10.19	9.26	15.31	16.59	12.25	13.96	13.43	9.92
Other Current Assets	0.29	1.18	50.07	13.52	1.50	17.51	19.44	21.88	16.50
Total Current Assets	64.56	59.71	69.68	64.48	75.36	60.99	56.20	62.32	55.96
Non-Current Assets
Property, Plant & Equipment (Net)	0.01	0.01	0.01	19.03	19.66	29.35	8.73	4.08	5.44
Long-Term Investments	0.00	0.00	1.20	1.77	4.51	2.54	0.02	0.04	0.05
Goodwill	1.46	1.46	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	3.00	3.30	1.28	3.89	4.32	4.44	4.79	4.06	2.71
Other Non-Current Assets	0.00	0.00	24.09	1.80	3.31	2.20	2.98	3.32	3.01
Total Non-Current Assets	4.47	4.78	25.37	26.49	31.03	38.53	16.53	11.49	11.21
Total Assets	69.03	64.48	95.06	90.97	106.38	99.52	72.73	73.81	67.17
Current Liabilities
Accounts Payable	22.76	19.67	30.58	26.99	27.33	21.56	23.11	25.26	19.44
Short-Term Debt	0.02	10.39	6.59	34.39	1.96	31.28	25.95	19.18	12.69
Current Portion of Long-Term Debt	-	-	-	-	1.96	2.56	-	-	-
Accrued Liabilities	2.00	1.72	0.74	0.76	1.94	0.70	-	-	-
Deferred Revenue	0.00	0.26	0.17	0.70	1.87	0.71	0.77	4.04	2.68
Other Current Liabilities	5.11	12.71	42.87	2.75	38.02	3.77	5.26	5.96	4.52
Total Current Liabilities	27.89	34.36	74.36	66.54	74.45	57.44	55.21	54.81	40.01
Non-Current Liabilities
Long-Term Debt	0.00	0.00	6.40	7.77	9.20	23.17	0.00	0.00	0.00
Deferred Tax Liabilities	0.36	0.49	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.49	6.40	0.00	0.00	0.13	0.55	0.14	0.50
Total Non-Current Liabilities	0.36	0.49	6.40	7.77	9.20	23.30	0.55	0.14	0.50
Total Liabilities	28.25	34.85	80.76	74.30	83.65	80.74	55.76	54.95	40.51
Stockholders' Equity
Common Stock	0.13	0.01	0.42	0.28	0.04	0.03	0.03	0.03	0.03
Retained Earnings	-64.56	-63.31	-72.20	-69.27	-46.83	-36.40	-30.59	-29.66	-12.60
Accumulated Other Comprehensive Income	1.31	-0.20	1.01	2.31	4.35	4.13	2.75	3.82	2.66
Additional Paid-in Capital	103.90	91.74	86.41	86.41	66.52	66.52	54.21	44.91	36.58
Minority Interest	0.00	0.00	-1.35	-1.35	-1.35	-1.81	-1.19	0.00	0.00
Shares Outstanding	0.89	0.04	0.01	0.01	0.17	-	-	-	-
Total Stockholders' Equity	40.78	29.64	14.29	18.01	22.74	20.59	18.17	18.86	26.66
Total Liabilities & Equity	69.03	64.48	95.06	95.06	106.38	106.31	99.52	72.73	67.17

Source: Company financial statements from annual and quarterly filings. Data as of Mar 31, 2026. Data sources and methodology

Frequently Asked Questions About Ridgetech Balance Sheet

How much debt does Ridgetech have?

Ridgetech had total debt of $22.67K as of Mar 31, 2026, against $17.91M in cash and short-term investments. Its debt-to-equity ratio was 0.00. Total debt was $10.39M a year earlier.

What are Ridgetech's total assets?

Ridgetech reported total assets of $69.03M as of Mar 31, 2026, up 7.0% from $64.48M a year earlier. Total liabilities were $28.25M.

What is Ridgetech's shareholders' equity?

Ridgetech's shareholders' equity was $40.78M as of Mar 31, 2026, or about $45.96 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition