Ridgestone Mining Inc
Ridgestone Mining Inc. engages in the identification, acquisition, exploration, and development of mineral projects in Mexico. Its flagship property includes the Alaska copper-gold property that comprises 10 mining concessions covering an area of 3,292 hectares located in Sonora, Mexico. The company was incorporated in 2017 and is based in Vancouver, Canada.
Ridgestone Mining Inc (RIGMF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.036x
Based on the latest financial reports, Ridgestone Mining Inc (RIGMF) has a cash flow conversion efficiency ratio of -0.036x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-16.81K) by net assets ($467.62K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ridgestone Mining Inc - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Ridgestone Mining Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ridgestone Mining Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ridgestone Mining Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Montero Mining and Exploration Ltd
PINK:MXTRF
|
0.971x |
|
Icon Group
TA:ICON
|
-0.040x |
|
TARGET (DYH.SG)
STU:DYH
|
0.051x |
|
Carawine Resources Ltd
AU:CWX
|
-0.016x |
|
CSP Steel Center Public Company Limited
BK:CSP
|
0.055x |
|
Quhuo Ltd
NASDAQ:QH
|
-0.051x |
|
Martello Technologies Group Inc
PINK:DRKOF
|
0.180x |
|
Goobit Group AB
ST:BTCX
|
0.705x |
Annual Cash Flow Conversion Efficiency for Ridgestone Mining Inc (2017–2024)
The table below shows the annual cash flow conversion efficiency of Ridgestone Mining Inc from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $874.16K | $-203.15K | -0.232x | +35.20% |
| 2023-12-31 | $1.14 Million | $-408.45K | -0.359x | -167.40% |
| 2022-12-31 | $2.07 Million | $-277.66K | -0.134x | +85.09% |
| 2021-12-31 | $2.37 Million | $-2.13 Million | -0.899x | -5.45% |
| 2020-12-31 | $1.34 Million | $-1.15 Million | -0.853x | -57.07% |
| 2019-12-31 | $1.70 Million | $-923.14K | -0.543x | +69.73% |
| 2018-12-31 | $1.07 Million | $-1.91 Million | -1.794x | -1045.80% |
| 2017-12-31 | $1.64 Million | $-256.05K | -0.157x | -- |