Ridgestone Mining Inc (RMI) — Working Capital to Net Assets Ratio
Ridgestone Mining Inc (RMI) has a Working Capital to Net Assets ratio of 100.1% as of June 2026. Working capital of CA$-700.04K (current assets of CA$79.33K minus current liabilities of CA$779.37K) is measured against net assets of CA$-699.05K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ridgestone Mining Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ridgestone Mining Inc Working Capital to Net Assets (2017–2025)
This chart shows how Ridgestone Mining Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at 100.1%, reflecting working capital of CA$-700.04K against net assets of CA$-699.05K CAD. For the complete balance sheet picture, see Ridgestone Mining Inc asset portfolio.
Annual Working Capital to Net Assets for Ridgestone Mining Inc (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ridgestone Mining Inc from 2017 to 2025, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read RMI current and long-term liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.2% | CA$-661.75K | CA$-660.31K | CA$55.71K | CA$717.46K | ▲ +142.4 pp |
| 2024 | -42.2% | CA$-368.92K | CA$874.16K | CA$145.21K | CA$514.13K | ▼ -33.3 pp |
| 2023 | -8.9% | CA$-101.81K | CA$1.14 Million | CA$330.75K | CA$432.56K | ▲ +14.0 pp |
| 2022 | -23.0% | CA$-475.32K | CA$2.07 Million | CA$225.16K | CA$700.48K | ▼ -31.4 pp |
| 2021 | 8.4% | CA$199.29K | CA$2.37 Million | CA$442.89K | CA$243.61K | ▲ +53.9 pp |
| 2020 | -45.5% | CA$-611.84K | CA$1.34 Million | CA$105.73K | CA$717.57K | ▼ -43.1 pp |
| 2019 | -2.4% | CA$-40.25K | CA$1.70 Million | CA$107.82K | CA$148.07K | ▼ -16.7 pp |
| 2018 | 14.3% | CA$152.65K | CA$1.07 Million | CA$220.12K | CA$67.47K | ▼ -65.3 pp |
| 2017 | 79.7% | CA$1.30 Million | CA$1.64 Million | CA$1.32 Million | CA$16.09K | — |