Wow someone else with these ratcheting ones! I have a few from the old tool box at work, seems like a great concept for difficult hydraulic fittings but I don’t work on them enough to have used it yet, and apparently they never caught on so could be a great idea that was just slept on and never made it or maybe they just aren’t that useful.
Only problem i can see is that there’s obviously only one position on the ring where you can get it on or off the fastener, it’s a full closed circle once you ratchet at all so you could possibly end up in a difficult area and have a tough time getting the tool off of the fastener