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 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

V:RMI Canada Other Industrial Metals & Mining
Market Cap
$1.44 Million
CA$1.99 Million CAD
Market Cap Rank
#30291 Global
#1533 in Canada
Share Price
CA$0.13
Change (1 day)
-3.70%
52-Week Range
CA$0.11 - 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.