Ridgetech Inc
NASDAQ:RDGT
Bankruptcy Probability
Ridgetech Inc's probability of bankruptcy is 2.7%, pointing to a small but noticeable default risk. The solvency score is 44/100 — a warning sign of potential financial weakness.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Ridgetech Inc Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CN |
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Ridgetech Inc
NASDAQ:RDGT
|
32.5m USD |
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| ZA |
C
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Clicks Group Ltd
JSE:CLS
|
76.4B ZAR |
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| ZA |
D
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Dis-Chem Pharmacies Ltd
JSE:DCP
|
31.2B ZAR |
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| US |
|
Walgreens Boots Alliance Inc
NASDAQ:WBA
|
10.4B USD |
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| BR |
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Raia Drogasil SA
BOVESPA:RADL3
|
45B BRL |
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| JP |
|
Tsuruha Holdings Inc
TSE:3391
|
1.2T JPY |
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| JP |
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MatsukiyoCocokara & Co
TSE:3088
|
1.1T JPY |
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| SA |
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Al Nahdi Medical Company SCJSC
SAU:4164
|
16.8B SAR |
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| CN |
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Yifeng Pharmacy Chain Co Ltd
SSE:603939
|
30.5B CNY |
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| JP |
S
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Sugi Holdings Co Ltd
TSE:7649
|
677.7B JPY |
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| JP |
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Welcia Holdings Co Ltd
TSE:3141
|
657.7B JPY |
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Ridgetech Inc's probability of bankruptcy is 2.6%, pointing to a small but noticeable default risk.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Ridgetech Inc has total debt of 10.4m USD. This includes both short-term (10.4m USD) and long-term (0 USD) debt.
You can find a full breakdown on its Balance Sheet.