Ridgestone Mining Inc Working Capital to Net Assets Ratio

Latest as of June 2026: 100.1%

Ridgestone Mining Inc 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. Check Ridgestone Mining Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

100.1%
Working Capital / Net Assets

Working Capital

CA$-700.04K
CAD

Current Assets

CA$79.33K
CAD

Current Liabilities

CA$779.37K
CAD

Working Capital to Net Assets Ratio of Ridgestone Mining Inc (2017–2025)

Working capital to net assets ratio of Ridgestone Mining Inc from 2017 to 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. See defensive interval ratio of Ridgestone Mining Inc to measure how many days the company can operate on defensive assets alone.

Ridgestone Mining Inc Working Capital to Net Assets Ratio by Year (2017–2025)

Ridgestone Mining Inc working capital to net assets ratio by year from 2017 to 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. For the complete balance sheet picture, see RMI asset base.

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 —
pp = percentage points