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 ≈ $-467.68K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Ridgestone Mining Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Ridgestone Mining Inc - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Ridgestone Mining Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Ridgestone Mining Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ridgestone Mining Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DigiAsia Corp
NASDAQ:FAAS
|
-0.018x |
|
Winsome Yarns Limited
NSE:WINSOME
|
-0.046x |
|
Kovo Healthtech Corp
V:KOVO
|
0.032x |
|
Totalindo Eka Persada Tbk PT
JK:TOPS
|
-0.009x |
|
Chinhung International Inc
KO:002785
|
-0.027x |
|
Lambo Group Bhd
KLSE:0018
|
-0.022x |
|
Biodexa Pharmaceticals
NASDAQ:BDRX
|
-0.204x |
|
Nortec Minerals Corp
V:NVT
|
0.397x |
Annual Cash Flow Conversion Efficiency for Ridgestone Mining Inc (2017–2025)
The table below shows the annual cash flow conversion efficiency of Ridgestone Mining Inc from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see Ridgestone Mining Inc (RMI) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$-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
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.