Ridgestone Mining Inc (RMI) — Tangible Net Worth Ratio
Ridgestone Mining Inc (RMI) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$651.29K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Ridgestone Mining Inc annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ridgestone Mining Inc Tangible Net Worth Ratio (2017–2024)
This chart shows how Ridgestone Mining Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$651.29K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see Ridgestone Mining Inc (RMI) market capitalisation.
Annual Tangible Net Worth Ratio for Ridgestone Mining Inc (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Ridgestone Mining Inc from 2017 to 2024, covering 8 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See financial flexibility index of Ridgestone Mining Inc to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$874.16K | CA$0.00 | CA$1.39 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$1.14 Million | CA$0.00 | CA$1.57 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$2.07 Million | CA$0.00 | CA$2.77 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$2.37 Million | CA$0.00 | CA$2.62 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$1.34 Million | CA$0.00 | CA$2.06 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$1.70 Million | CA$0.00 | CA$1.85 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$1.07 Million | CA$0.00 | CA$1.13 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$1.64 Million | CA$0.00 | CA$1.65 Million | — |