MineralRite Corporation (RITE)

MineralRite Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2013	FY 2012	FY 2011
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
Cash & Equivalents	0.01	0.01	0.05	-	0.04
Cash & Short-Term Investments	0.01	0.01	0.05	-	0.04
Cash Growth	36.94%	-85.37%	-	-	-79.09%
Receivables	-	-	0.01	-	0.06
Inventory	-	-	0.07	-	-
Other Current Assets	0.01	-	0.97	0.18	-
Total Current Assets	0.02	0.01	1.1	0.18	0.1
Property, Plant & Equipment	432.24	0.12	0.11	-	0.4
Other Intangible Assets	-	-	0	0.01	-
Long-Term Deferred Charges	-	-	1.02	0.28	0.1
Other Long-Term Assets	-	-	-	0.3	-
Total Assets	432.26	0.13	2.23	0.78	0.6
Accounts Payable	0.03	0.02	0.23	0.2	0.13
Accrued Expenses	-	-	0.01	-	0.04
Short-Term Debt	-	-	0.16	0.39	0.44
Current Portion of Long-Term Debt	-	-	0.47	-	-
Other Current Liabilities	5	-	0.46	0.01	0.33
Total Current Liabilities	5.03	0.02	1.33	0.61	0.94
Long-Term Debt	0.15	1.02	0.03	-	-
Other Long-Term Liabilities	-	-	0.11	0.01	0.01
Total Liabilities	5.18	1.04	1.47	0.62	0.95
Common Stock	3.89	3.89	0.09	0.04	0
Additional Paid-In Capital	254.65	-	10.47	6.4	5.49
Retained Earnings	-4.47	-4.87	-9.8	-6.27	-5.81
Comprehensive Income & Other	-	-0	-0	-0.02	-0.03
Total Common Equity	254.06	-0.98	0.76	0.16	-0.35
Shareholders' Equity	427.08	-0.91	0.76	0.16	-0.35
Total Liabilities & Equity	432.26	0.13	2.23	0.78	0.6
Total Debt	0.15	1.02	0.66	0.39	0.44
Net Cash (Debt)	-0.14	-1.01	-0.61	-0.39	-0.4
Net Cash Per Share	-0.00	-0.00	-0.01	-0.05	-0.39
Filing Date Shares Outstanding	4,348	4,357	167.01	44.56	1.06
Total Common Shares Outstanding	4,348	4,357	88.74	44.56	1.06
Working Capital	-5.01	-0.01	-0.23	-0.42	-0.84
Book Value Per Share	0.06	-0.00	0.01	0.00	-0.33
Tangible Book Value	254.06	-0.98	0.76	0.15	-0.35
Tangible Book Value Per Share	0.06	-0.00	0.01	0.00	-0.33
Machinery	0.44	0.2	0.11	0	0
Construction In Progress	-	-	0.02	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.