Mineralrite Corporat
As of April 7, 2021, MineralRite Corporation was acquired by Southern Cars & Trucks, Inc. MineralRite Corporation, a development stage company, operates in the mineral and mining industry. It focuses on the manufacture, sale, and lease of mining and mineral processing equipment; purchase and development of minerals and mineral backed assets; management of mineral offtake activities; and purchase … Read more
Mineralrite Corporat (RITE) - Total Assets
Latest total assets as of September 2025: $432.30 Million USD
Based on the latest financial reports, Mineralrite Corporat (RITE) holds total assets worth $432.30 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Mineralrite Corporat - Total Assets Trend (2003–2024)
This chart illustrates how Mineralrite Corporat’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mineralrite Corporat - Asset Composition Analysis
Current Asset Composition (December 2024)
Mineralrite Corporat's total assets of $432.30 Million consist of 0.0% current assets and 100.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how Mineralrite Corporat's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mineralrite Corporat's current assets represent 0.0% of total assets in 2024, a decrease from 8.5% in 2003.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 0.1% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 84.0% in 2003.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Mineralrite Corporat Competitors by Total Assets
Key competitors of Mineralrite Corporat based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Mineralrite Corporat - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Mineralrite Corporat generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Mineralrite Corporat generates $ 0.09 in net profit.
Mineralrite Corporat - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.00 | 0.51 | 0.08 |
| Quick Ratio | 0.00 | 0.51 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.00 Million | $ -9.47K | $ -590.27K |
Mineralrite Corporat - Advanced Valuation Insights
This section examines the relationship between Mineralrite Corporat's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 334244.2% |
| Total Assets | $432.26 Million |
| Market Capitalization | $8.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mineralrite Corporat's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Mineralrite Corporat's assets grew by 334244.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mineralrite Corporat (2003–2024)
The table below shows the annual total assets of Mineralrite Corporat from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $432.26 Million | +334244.24% |
| 2023-12-31 | $129.28K | -94.21% |
| 2013-12-31 | $2.23 Million | +186.76% |
| 2012-12-31 | $778.41K | +29.55% |
| 2011-12-31 | $600.88K | -4.28% |
| 2010-12-31 | $627.76K | +95.14% |
| 2009-12-31 | $321.70K | +252.39% |
| 2008-12-31 | $91.29K | +519.13% |
| 2007-12-31 | $14.74K | +634.68% |
| 2006-12-31 | $2.01K | +11.44% |
| 2005-12-31 | $1.80K | -99.28% |
| 2004-12-31 | $251.55K | -86.39% |
| 2003-12-31 | $1.85 Million | -- |