MINERALRITE CORP (RITE) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 15, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RITE SEC filings page.
This page shows MINERALRITE CORP (RITE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
A large, equity-funded balance sheet supports minimal reported operating activity, while near-term liabilities dominate the financing structure.
FY2025 combined $247.8M of assets with only$5.1M of liabilities, yet current assets were just$146K against$5.0M of current liabilities. That combination means low debt leverage does not translate into short-term financial flexibility; the asset base is largely equity-funded but not readily liquid.
FY2024’s reported net income of
FY2025 financing cash flow of
Financial Health Signals
MINERALRITE CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
MINERALRITE CORP passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass.
MINERALRITE CORP reported a net loss of $292K while operations used $306K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
MINERALRITE CORP reported -$207K in net income in Q2 2026. This represents a decrease of 202.2% from the same quarter a year earlier. Against the prior quarter it is down 40.8%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
MINERALRITE CORP recorded an outflow of $155K in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 91.0% from the same quarter a year earlier. Against the prior quarter it is down 65.8%.
MINERALRITE CORP held $10K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
MINERALRITE CORP's ROE was -0.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
MINERALRITE CORP invested $34K in research and development in Q2 2026.
MINERALRITE CORP invested $12K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 2.3% from the same quarter a year earlier. Against the prior quarter it is down 54.3%.
Not reported for Q2 2026.
RITE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q/A | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| R&D Expenses | $34K | N/A | N/A | N/A | N/A | N/A | N/A | $337 |
| Operating Income | -$185K-134.0% | -$139K-70.4% | N/A | -$75K-29.4% | -$79K+55.7% | -$82K-14.8% | N/A | -$58K |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$58K |
| Net Income | -$207K-202.2% | -$147K-79.8% | N/A | $25K+142.3% | -$68K-111.6% | -$82K-14.8% | N/A | -$58K |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00-100.0% | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00-100.0% | $0.00 | $0.00 | $0.00 |
| Diluted Shares (Avg) | 6.23B+42.6% | N/A | N/A | 13.86B | 4.37B-23.5% | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, SG&A Expenses, Interest Expense, Income Tax.
RITE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q/A | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $247.7M-42.7% | $247.8M-42.7% | $247.8M+0.6% | $432.3M | $432.3M | $432.3M+119798.7% | $246.3M | N/A |
| Current Assets | $36K-19.1% | $95K+164.9% | $146K+761.0% | $20K | $45K | $36K+1980.2% | $17K | N/A |
| Cash & Equivalents | $10K-75.1% | $22K-23.3% | $12K+11.1% | $13K+38.4% | $38K+99.9% | $29K+1601.6% | $10K | $10K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $5.1M-97.3% | $5.1M-97.3% | $5.1M-2.2% | $5.0M | $191.2M | $191.2M+17909.2% | $5.2M | N/A |
| Current Liabilities | $5.1M+0.7% | $5.1M+1.0% | $5.0M+0.3% | $5.0M | $5.0M | $5.0M+18058.7% | $5.0M | N/A |
| Non-Current Liabilities | $42K-72.2% | $36K-77.9% | $16K-89.3% | $3K | $151K | $161K-84.4% | $146K | N/A |
| Total Equity | $242.6M+0.6% | $242.7M+0.7% | $242.8M+0.7% | $427.3M+448662.4% | $241.2M+267484.2% | $241.1M+34496.6% | $241.1M | $95K |
| Retained Earnings | -$5.1M-10.7% | -$4.9M-7.8% | -$4.8M-6.5% | -$4.6M | -$4.6M | -$4.6M+7.8% | -$4.5M | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
RITE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q/A | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$143K-105.6% | -$68K+34.7% | -$59K+23.4% | -$74K-1.8% | -$70K+70.5% | -$104K-1507.8% | -$77K | -$73K |
| Depreciation & Amortization | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
| Stock-Based Compensation | N/A | $0 | N/A | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | $12K+2.3% | $26K+452.0% | -$8K | $3K | $12K | $5K | N/A | N/A |
| Free Cash Flow | -$155K-91.0% | -$93K+13.8% | -$67K | -$77K | -$81K | -$108K | N/A | N/A |
| Investing Cash Flow | -$8K+79.0% | -$26K-452.0% | $34K | -$3K | -$37K | -$5K | N/A | N/A |
| Financing Cash Flow | $138K+19.2% | $104K-18.0% | $24K+114.5% | $53K-82.7% | $116K-37.4% | $127K+130.9% | -$162K | $303K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
RITE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q/A | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -0.1%-0.1pp | -0.1%0.0pp | N/A | 0.0%+61.1pp | 0.0%-655.0pp | 0.0% | N/A | -61.1% |
| Return on Assets | -0.1%-0.1pp | -0.1%0.0pp | N/A | 0.0% | 0.0% | 0.0%+19.7pp | N/A | N/A |
| Current Ratio | 0.010.0x | 0.020.0x | 0.030.0x | 0.00 | 0.01 | 0.01-0.1x | 0.00 | N/A |
| Debt-to-Equity | 0.02-0.8x | 0.02-0.8x | 0.020.0x | 0.01 | 0.79 | 0.79 | 0.02 | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Note: The current ratio is below 1.0 (0.03), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| MINERALRITE CORP RITE | FY2025 | N/A | -$292K | N/A | $10.6M | — |
| AMERICAN CLEAN RESOURCES ACRG | FY2025 | N/A | -$1.9M | N/A | $98.7M | — |
Where MINERALRITE CORP Ranks
Frequently Asked Questions
Is MINERALRITE CORP profitable?
No, MINERALRITE CORP (RITE) reported a net income of -$292K in fiscal year 2025.
What is MINERALRITE CORP's return on equity (ROE)?
MINERALRITE CORP (RITE) has a return on equity of -0.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is MINERALRITE CORP's free cash flow?
MINERALRITE CORP (RITE) recorded an outflow of $318K in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is MINERALRITE CORP's operating cash flow?
MINERALRITE CORP (RITE) recorded an outflow of $306K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are MINERALRITE CORP's total assets?
MINERALRITE CORP (RITE) had $247.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are MINERALRITE CORP's capital expenditures?
MINERALRITE CORP (RITE) invested $12K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does MINERALRITE CORP spend on research and development?
MINERALRITE CORP (RITE) invested $8K in research and development during fiscal year 2025.
What is MINERALRITE CORP's current ratio?
MINERALRITE CORP (RITE) had a current ratio of 0.03 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is MINERALRITE CORP's debt-to-equity ratio?
MINERALRITE CORP (RITE) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is MINERALRITE CORP's return on assets (ROA)?
MINERALRITE CORP (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 CORP's P/E ratio?
MINERALRITE CORP (RITE) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $10.6M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is MINERALRITE CORP's price-to-sales ratio?
MINERALRITE CORP (RITE) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $10.6M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does MINERALRITE CORP's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, MINERALRITE CORP (RITE) held $12K in cash, cash equivalents and investments, and reported an operating cash outflow of $306K over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is MINERALRITE CORP's Piotroski F-Score?
MINERALRITE CORP (RITE) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are MINERALRITE CORP's earnings high quality?
MINERALRITE CORP (RITE) reported a net loss of $292K while operations used $306K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.