Mineralrite Financials
This page shows Mineralrite (RITE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Mineralrite passes 2 of 9 financial strength tests. All 2 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Key Financial Metrics
Mineralrite reported $514K in net income in fiscal year 2025. This represents an increase of 114.6% from the prior year.
Mineralrite held $10K in cash against $0 in long-term debt as of fiscal year 2025.
Mineralrite had 4.35B shares outstanding in fiscal year 2025. This represents an increase of 7770.7% from the prior year.
Mineralrite's ROE was 0.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
RITE Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'14 | Q2'14 | Q1'14 | Q1'13 | Q3'13 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | $213K+67.0% | $128K+133.6% | $55K-27.8% | $76K+5.6% | $72K |
| Cost of Revenue | N/A | N/A | N/A | $110K+4.6% | $105K+253.6% | $30K-49.2% | $59K+20.4% | $49K |
| Gross Profit | N/A | N/A | N/A | $103K+358.1% | $23K-9.6% | $25K+44.7% | $17K-25.4% | $23K |
| R&D Expenses | $337 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | $397K+0.7% | $394K-2.0% | $402K+167.0% | $151K+2338.5% | $6K |
| Operating Income | -$75K+4.7% | -$79K+3.4% | -$82K+80.6% | -$421K+11.3% | -$475K-8.2% | -$439K-95.9% | -$224K-149.1% | -$90K |
| Interest Expense | N/A | N/A | N/A | $202K+40.1% | $144K-48.0% | $277K+45728.0% | $604-81.6% | $3K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $25K+135.9% | -$68K+16.2% | -$82K+97.8% | -$3.7M-145.9% | -$1.5M-161.8% | -$581K-159.1% | -$224K-165.1% | $345K |
| EPS (Diluted) | $0.00 | $0.00 | $0.00+100.0% | $-0.01 | $-0.01 | N/A | $0.00-100.0% | $0.34 |
RITE Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'14 | Q2'14 | Q1'14 | Q1'13 | Q3'13 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $432.3M0.0% | $432.3M0.0% | $432.3M+28474.0% | $1.5M-14.0% | $1.8M-13.9% | $2.0M-51.2% | $4.2M+438.2% | $778K |
| Current Assets | $20K-55.6% | $45K+25.9% | $36K-96.8% | $1.1M-0.1% | $1.1M-3.4% | $1.2M+0.8% | $1.1M+526.6% | $183K |
| Cash & Equivalents | $13K-65.0% | $38K+31.7% | $29K+485.4% | $5K+1156.4% | $397-73.8% | $2K-94.3% | $26K+184.0% | $9K |
| Inventory | N/A | N/A | N/A | $151K-3.8% | $157K-19.8% | $195K+48.8% | $131K | N/A |
| Accounts Receivable | N/A | N/A | N/A | $3K+36.0% | $2K+71.8% | $1K-95.4% | $24K-21.7% | $31K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $5.0M-2.8% | $5.2M0.0% | $5.2M-1.3% | $5.2M+138.8% | $2.2M+56.1% | $1.4M+55.1% | $906K+46.1% | $620K |
| Current Liabilities | $5.0M0.0% | $5.0M+0.2% | $5.0M-4.3% | $5.2M+138.8% | $2.2M+56.1% | $1.4M+57.2% | $894K+46.9% | $608K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $427.3M0.0% | $427.2M0.0% | $427.1M+11570.3% | -$3.7M-760.0% | -$433K-167.6% | $641K-80.5% | $3.3M+1974.9% | $158K |
| Retained Earnings | -$4.6M+0.5% | -$4.6M-1.5% | -$4.6M-1527413.4% | -$298+2.3% | -$305 | N/A | -$16K-0.5% | -$16K |
RITE Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'14 | Q2'14 | Q1'14 | Q1'13 | Q3'13 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$74K+51.1% | -$151K-586.3% | -$22K+84.7% | -$144K-153.9% | -$57K+69.0% | -$183K-143.1% | -$75K-546.3% | $17K |
| Capital Expenditures | $3K | N/A | N/A | -$2K | N/A | N/A | $47-98.4% | $3K |
| Free Cash Flow | -$77K | N/A | N/A | -$88K | N/A | N/A | -$10K+41.0% | -$17K |
| Investing Cash Flow | -$3K+90.8% | -$37K-694.3% | -$5K+6.8% | -$5K | N/A | N/A | $47-99.8% | $26K |
| Financing Cash Flow | $53K-54.7% | $116K-8.8% | $127K-14.4% | $149K+167.2% | $56K-57.9% | $132K+42.9% | $92K+1383.2% | -$7K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
RITE Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'14 | Q2'14 | Q1'14 | Q1'13 | Q3'13 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | 48.4%+30.8pp | 17.6%-28.0pp | 45.6%+22.9pp | 22.7%-9.5pp | 32.2% |
| Operating Margin | N/A | N/A | N/A | -197.4%+174.4pp | -371.8%+430.6pp | -802.4%-506.9pp | -295.5%-170.2pp | -125.3% |
| Net Margin | N/A | N/A | N/A | -1751.4%-562.0pp | -1189.4%-128.3pp | -1061.1%-765.6pp | -295.5%-775.5pp | 479.9% |
| Return on Equity | 0.0%-655.0pp | 655.0% | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 0.0%+0.0pp | -0.0%0.0pp | -0.0%+247.1pp | -247.1%-160.7pp | -86.4%-58.0pp | -28.4%-23.0pp | -5.3%-91.0pp | 85.6% |
| Current Ratio | 0.000.0 | 0.010.0 | 0.01-0.2 | 0.21-0.3 | 0.51-0.3 | 0.82-0.5 | 1.29+1.0 | 0.30 |
| Debt-to-Equity | 0.010.0 | 0.010.0 | 0.01+1.4 | -1.41+3.7 | -5.06-7.3 | 2.19+1.9 | 0.28-3.6 | 3.92 |
| FCF Margin | N/A | N/A | N/A | -123.0% | N/A | N/A | -9.0%+14.4pp | -23.4% |
Note: The current ratio is below 1.0 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
Is Mineralrite profitable?
Yes, Mineralrite (RITE) reported a net income of $514K in fiscal year 2025.
What is Mineralrite's earnings per share (EPS)?
Mineralrite (RITE) reported diluted earnings per share of $0.00 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Mineralrite's return on equity (ROE)?
Mineralrite (RITE) has a return on equity of 0.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What are Mineralrite's total assets?
Mineralrite (RITE) had $432.3M in total assets as of fiscal year 2025, including both current and long-term assets.
How many shares does Mineralrite have outstanding?
Mineralrite (RITE) had 4.35B shares outstanding as of fiscal year 2025.
What is Mineralrite's current ratio?
Mineralrite (RITE) had a current ratio of 0.00 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Mineralrite's debt-to-equity ratio?
Mineralrite (RITE) had a debt-to-equity ratio of 0.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Mineralrite's return on assets (ROA)?
Mineralrite (RITE) had a return on assets of 0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Mineralrite's Piotroski F-Score?
Mineralrite (RITE) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.