MINERALRITE CORPORATION (RITE) Current Ratio
- Current ratio · latest quarter: Value 0.01×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 0.01× | Current assets / current liabilities. $36.38K ÷ $5.05M ≈ 0.01× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 36.38K USD | Assets, Current |
| Current obligations | 5.05M USD | Liabilities, Current |
| Cash and equivalents | 9.58K USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | |
| Customer receivables | (m) | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | (m) | Inventory, Net |
| Payables | 56.49K USD | Accounts Payable, Current |
| Borrowing debt due within one year | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $36.38K | $5.05M | $9.58K | (m) | (m) | (m) | $56.49K | (m) | 0.01× |
| 2026-03-31 | $94.56K | $5.06M | $22.40K | (m) | (m) | (m) | $59.13K | (m) | 0.02× |
| 2025-12-31 | $145.98K | $5.05M | $11.62K | (m) | (m) | (m) | $48.95K | (m) | 0.03× |
| 2025-09-30 | $19.97K | $5.02M | $13.47K | (m) | (m) | (m) | $21.91K | (m) | 0.00× |
| 2025-06-30 | $44.94K | $5.02M | $38.45K | (m) | (m) | (m) | $20.71K | (m) | 0.01× |
| 2025-03-31 | $35.70K | $5.01M | $29.20K | (m) | (m) | (m) | $8.72K | (m) | 0.01× |
| 2024-12-31 | $16.95K | $5.03M | $10.46K | (m) | (m) | (m) | $30.77K | (m) | 0.00× |
| 2024-03-31 | $1.72K | $27.58K | $1.72K | (m) | (m) | (m) | $27.58K | (m) | 0.06× |
| 2014-09-30 | $1.12M | $5.24M | $4.99K | (m) | $2.61K | $150.81K | $339.03K | (m) | 0.21× |
| 2014-06-30 | $1.12M | $2.19M | $397.00 | (m) | $1.92K | $156.73K | $348.49K | (m) | 0.51× |
| 2014-03-31 | $1.16M | $1.40M | $1.51K | (m) | $1.11K | $195.40K | $287.39K | (m) | 0.82× |
| 2013-12-31 | $1.10M | $1.33M | $52.21K | (m) | $5.43K | $74.10K | $232.09K | (m) | 0.83× |
| 2013-09-30 | $1.24M | $1.64M | $47.93K | (m) | $30.11K | $57.47K | $277.00K | (m) | 0.75× |
| 2013-06-30 | $1.20M | $1.22M | $128.10K | (m) | $25.68K | $89.50K | $253.91K | (m) | 0.98× |
| 2013-03-31 | $1.15M | $893.64K | $26.50K | (m) | $24.30K | $131.34K | $245.79K | (m) | 1.29× |
| 2012-12-31 | $183.35K | $608.15K | $9.33K | (m) | $31.02K | (m) | $203.62K | (m) | 0.30× |
| 2012-09-30 | $50.56K | $640.84K | $9.37K | (m) | (m) | (m) | $184.09K | (m) | 0.08× |
| 2012-06-30 | $83.90K | $1.02M | $35.23K | (m) | $47.17K | (m) | $137.51K | (m) | 0.08× |
| 2012-03-31 | $100.79K | $985.71K | $33.09K | (m) | $64.70K | (m) | $127.53K | (m) | 0.10× |
| 2011-12-31 | $104.38K | $943.11K | $42.89K | (m) | (m) | (m) | (m) | (m) | 0.11× |
| 2011-09-30 | $111.20K | $888.97K | $63.31K | (m) | $44.86K | (m) | $135.00K | (m) | 0.13× |
| 2011-06-30 | $146.09K | $872.18K | $47.23K | (m) | $98.79K | (m) | $134.92K | (m) | 0.17× |
| 2010-12-31 | $256.77K | $846.58K | $205.10K | (m) | $51.66K | (m) | $171.22K | (m) | 0.30× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.