Ridgestone Mining Inc (RMI) - Total Assets
Based on the latest financial reports, Ridgestone Mining Inc (RMI) holds total assets worth CA$86.50K CAD (≈ $62.57K USD) as of March 2026. 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. See Ridgestone Mining Inc balance sheet independence to measure how much of total assets are equity-financed.
Ridgestone Mining Inc - Total Assets Trend (2017–2025)
This chart illustrates how Ridgestone Mining Inc's total assets have evolved over time, based on quarterly financial data. Check Ridgestone Mining Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Ridgestone Mining Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Ridgestone Mining Inc's total assets of CA$86.50K consist of 97.5% current assets and 2.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 56.5% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how Ridgestone Mining Inc'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. For live market cap, price, and company overview, see market cap of Ridgestone Mining Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ridgestone Mining Inc's current assets represent 97.5% of total assets in 2025, an increase from 79.9% in 2017.
- Cash Position: Cash and equivalents constituted 56.5% of total assets in 2025, down from 79.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Ridgestone Mining Inc Competitors by Total Assets
Key competitors of Ridgestone Mining Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
Vale S.A
F:CVLB
|
Germany | €87.59 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
RTG Mining Inc
AU:RTG
|
Australia | AU$11.53 Million |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
Ridgestone Mining Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.12 | 0.23 | 2.53 |
| Quick Ratio | 0.12 | 0.23 | 2.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-647.73K | CA$-450.15K | CA$425.61K |
Ridgestone Mining Inc - Advanced Valuation Insights
This section examines the relationship between Ridgestone Mining Inc'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 | 4.35 |
| Latest Market Cap to Assets Ratio | 33.89 |
| Asset Growth Rate (YoY) | -95.9% |
| Total Assets | CA$57.16K |
| Market Capitalization | $1.94 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Ridgestone Mining Inc's assets at a significant premium (33.89x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Ridgestone Mining Inc's assets decreased by 95.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ridgestone Mining Inc (2017–2025)
The table below shows the annual total assets of Ridgestone Mining Inc from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$57.16K ≈ $41.35K |
-95.88% |
| 2024-12-31 | CA$1.39 Million ≈ $1.00 Million |
-11.66% |
| 2023-12-31 | CA$1.57 Million ≈ $1.14 Million |
-43.28% |
| 2022-12-31 | CA$2.77 Million ≈ $2.00 Million |
+5.87% |
| 2021-12-31 | CA$2.62 Million ≈ $1.89 Million |
+26.91% |
| 2020-12-31 | CA$2.06 Million ≈ $1.49 Million |
+11.57% |
| 2019-12-31 | CA$1.85 Million ≈ $1.34 Million |
+63.07% |
| 2018-12-31 | CA$1.13 Million ≈ $819.95K |
-31.38% |
| 2017-12-31 | CA$1.65 Million ≈ $1.19 Million |
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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.