Ridgestone Mining Inc (RMI) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.073x

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 Ridgestone Mining Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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.

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
DigiAsia Corp
NASDAQ:FAAS
-0.018x
Winsome Yarns Limited
NSE:WINSOME
-0.046x
Kovo Healthtech Corp
V:KOVO
0.032x
Totalindo Eka Persada Tbk PT
JK:TOPS
-0.009x
Chinhung International Inc
KO:002785
-0.027x
Lambo Group Bhd
KLSE:0018
-0.022x
Biodexa Pharmaceticals
NASDAQ:BDRX
-0.204x
Nortec Minerals Corp
V:NVT
0.397x

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 Ridgestone Mining Inc (RMI) market capitalisation.

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

V:RMI Canada Other Industrial Metals & Mining
Market Cap
$1.94 Million
CA$2.68 Million CAD
Market Cap Rank
#29995 Global
#1498 in Canada
Share Price
CA$0.18
Change (1 day)
-2.78%
52-Week Range
CA$0.10 - CA$0.52
All Time High
CA$9.60
About

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.