Ridgetech

Ridgetech Asset Turnover

The Asset Turnover Ratio of Ridgetech (RDGT) as of Nov 12, 2026 is 1.91. In the previous year, Asset Turnover Ratio was 1.86 — a change of 2.91% (higher).

Asset Turnover

1.91

YoY

2.91%

Last updated:

Asset Turnover Ratio of Ridgetech is 2026 1.91 . Asset Turnover Ratio of Ridgetech was 2025 1.86 . It decreases by 2.91% higher compared to the previous year.

The Ridgetech Asset Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Asset Turnover
Date
Asset Turnover
Jan 1, 2019
1.48 USD
Jan 1, 2020
1.18 USD
Jan 1, 2021
1.25 USD
Jan 1, 2022
1.55 USD
Jan 1, 2023
1.64 USD
Jan 1, 2024
1.63 USD
Jan 1, 2025
1.86 USD
Jan 1, 2026
1.91 USD
The Ridgetech Asset Turnover history
YEARAsset TurnoverYoY
1.91+2.91%
1.86+14.44%
1.63-0.61%
1.64+5.86%
1.55+23.39%
1.25+6.22%
1.18-20.27%
1.48+13.57%
1.30+7.32%
1.21-15.44%
1.43+11.04%
1.29-10.33%
1.44—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Ridgetech Stock analysis

What does Ridgetech do? Ridgetech Inc generates revenue through four business segments. The Retail Drugstores segment sells prescription and OTC drugs, supplements, TCM, personal care, medical devices, and convenience products. The Online Pharmacy segment sells OTC drugs, medical devices, and supplements via Alibaba’s Tmall, JD.com, and Amazon.com, plus the company’s own platform. The Drug Wholesale segment supplies retail stores with medicines, TCM, supplements, and sundry items. The Herb Farming segment cultivates herbs for sale to other drug vendors. Customers include pharmacies, online shoppers, and other drug vendors. The company’s products are distributed through its own retail stores, third-party e-commerce platforms, and direct sales to drug vendors. Brands like Alibaba’s Tmall, JD.com, and Amazon.com are used for online sales. The Retail Drugstores segment targets individual consumers for healthcare products, while the Drug Wholesale segment serves other pharmacies. Herb Farming supplies herbs to drug vendors for further distribution. Ridgetech Inc’s revenue streams come from retail sales, online marketplace transactions, wholesale supply, and herb sales. The Retail Drugstores segment serves end consumers, the Online Pharmacy segment serves online shoppers, the Drug Wholesale segment serves other pharmacies, and the Herb Farming segment serves drug vendors. Sales are made through owned stores, third-party platforms, and direct vendor contracts. Ridgetech is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Ridgetech stock

Asset Turnover Ratio of Ridgetech is 1.91 in 2026.

Asset Turnover Ratio of Ridgetech changed from 1.86 to 1.91, representing a 2.91% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Asset Turnover Ratio Ridgetech since 2006 – with annual values, charts, and detailed analysis.

Asset turnover measures how efficiently a company uses its assets to generate revenue. Higher ratios indicate more efficient asset utilization.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Asset Turnover Ratio's Ridgetech with sector peers and the industry average to assess whether it is attractive.

To evaluate Asset Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Asset Turnover Ratio.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Profitability — Ridgetech

All Key Metrics — Ridgetech