Ridgestone Mining Inc (RMI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ridgestone Mining Inc (RMI) has a cash flow conversion efficiency ratio of 0.073x as of March 2026. 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 (CA$-47.38K ≈ $-34.28K USD) by net assets (CA$-646.51K ≈ $-467.68K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See RMI net asset quality score to measure how much of total assets are equity-financed.
Ridgestone Mining Inc - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Ridgestone Mining Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore Ridgestone Mining Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Ridgestone Mining Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ridgestone Mining Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Namsun Aluminium Co Ltd
KO:008355
|
-0.005x |
|
Lionmesh Prima Tbk
JK:LMSH
|
-0.075x |
|
LANSDOWNE OIL+GAS LS-001
F:L2J
|
N/A |
|
Pegasus Resources Inc
V:PEGA
|
-0.077x |
|
Goldex Resources Corp
V:GDX
|
0.000x |
|
Reneuco Berhad
KLSE:7130
|
0.013x |
|
Cho Thavee Public Company Limited
BK:CHO
|
-0.006x |
|
Oakridge International Ltd
AU:OAK
|
-0.447x |
Annual Cash Flow Conversion Efficiency for Ridgestone Mining Inc (2017–2025)
The table below shows the annual cash flow conversion efficiency of Ridgestone Mining Inc from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see RMI market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$-660.31K ≈ $-477.66K |
CA$-82.17K ≈ $-59.44K |
0.124x | +153.55% |
| 2024-12-31 | CA$874.16K ≈ $632.36K |
CA$-203.15K ≈ $-146.96K |
-0.232x | +35.20% |
| 2023-12-31 | CA$1.14 Million ≈ $823.88K |
CA$-408.45K ≈ $-295.47K |
-0.359x | -167.40% |
| 2022-12-31 | CA$2.07 Million ≈ $1.50 Million |
CA$-277.66K ≈ $-200.86K |
-0.134x | +85.09% |
| 2021-12-31 | CA$2.37 Million ≈ $1.72 Million |
CA$-2.13 Million ≈ $-1.54 Million |
-0.899x | -5.45% |
| 2020-12-31 | CA$1.34 Million ≈ $972.73K |
CA$-1.15 Million ≈ $-829.51K |
-0.853x | -57.07% |
| 2019-12-31 | CA$1.70 Million ≈ $1.23 Million |
CA$-923.14K ≈ $-667.79K |
-0.543x | +69.73% |
| 2018-12-31 | CA$1.07 Million ≈ $771.14K |
CA$-1.91 Million ≈ $-1.38 Million |
-1.794x | -759.35% |
| 2017-12-31 | CA$1.64 Million ≈ $1.18 Million |
CA$-341.40K ≈ $-246.96K |
-0.209x | -- |
About 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.