Ridgestone Mining Inc Total Assets

Latest as of June 2026: CA$80.32K CAD ≈ $58.10K USD

Ridgestone Mining Inc total assets. Based on the latest financial reports, Ridgestone Mining Inc (RMI) holds total assets worth CA$80.32K CAD (≈ $58.10K USD) as of June 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. Also see Ridgestone Mining Inc market cap and net worth for the company's overall valuation and market capitalisation.

Total Assets of Ridgestone Mining Inc (2017–2025)

Total assets of Ridgestone Mining Inc from 2017 to 2025. This chart illustrates how Ridgestone Mining Inc's total assets have evolved over time, based on quarterly financial data. See current stock price of Ridgestone Mining Inc for real-time trading data and today's change.

Ridgestone Mining Inc - Asset Composition Analysis

Ridgestone Mining Inc Total Assets Breakdown (December 2025)

Ridgestone Mining Inc total assets breakdown as of December 2025. Ridgestone Mining Inc's total assets of CA$80.32K 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. Explore RMI current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.

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
SOUTH32 Ltd
AU:S32
Australia AU$13.80 Billion
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
China CN¥19.69 Billion
Almonty Industries Inc
AU:AII
Australia AU$589.73 Million
Almonty Industries Inc
TO:AII
Canada CA$605.62 Million
Deterra Royalties Ltd
AU:DRR
Australia AU$375.00 Million
Liontown Resources Ltd
AU:LTR
Australia AU$1.86 Billion
Adriatic Metals Plc
F:3FN
Germany €350.05 Million
Vizsla Silver Corp.
TO:VZLA
Canada CA$1.02 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 0.10 0.12 1.87
Quick Ratio 0.10 0.12 1.87
Cash Ratio 0.00 0.00 0.00
Working Capital CA$-700.04K CA$-542.89K CA$199.88K

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 17.43
Asset Growth Rate (YoY) -95.9%
Total Assets CA$57.16K
Market Capitalization $996.18K USD

Valuation Analysis

Premium Asset Valuation: The market values Ridgestone Mining Inc's assets at a significant premium (17.43x), 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

V:RMI Canada Other Industrial Metals & Mining
Market Cap
$996.18K
CA$1.38 Million CAD
Market Cap Rank
#30681 Global
#1570 in Canada
Share Price
CA$0.09
Change (1 day)
-5.26%
52-Week Range
CA$0.09 - 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.