We generalize a theory of diffusion of a massive particle by the way in which transport characteristics are described by analytical expressions that formally coincide with those for the overdamped massless case but contain a factor comprising the particle mass which can be calculated in terms of Risken's matrix continued fraction method (MCFM). Using this generalization, we aim to elucidate how large gradients of a periodic potential affect the current in a tilted periodic potential and the average current of adiabatically driven on-off flashing ratchets. For this reason, we perform calculations for a sawtooth potential of the period L with an arbitrary sawtooth length (l<L) instead of the smooth potentials typically considered in MCFM-solvable problems. We find nonanalytic behavior of the transport characteristics calculated for the sharp extremely asymmetric sawtooth potential at l→0 which appears due to the inertial effect. Analysis of the temperature dependences of the quantities under study reveals the dominant role of inertia in the high-temperature region. In particular, we show, by the analytical strong-inertia approach developed for this region, that the temperature-dependent contribution to the mobility at zero force and to the related effective diffusion coefficient are proportional to T(-3/2) and T(-1/2), respectively, and have a logarithmic singularity at l→0.