MineralRite Corporation (RITE)

MineralRite Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2013	FY 2012
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2013	Dec 31, 2012
Cash & Equivalents	0.01	0.01	0.01	0.01	0.05	-
Cash & Short-Term Investments	0.01	0.01	0.01	0.01	0.05	-
Cash Growth	-75.08%	11.08%	36.94%	-85.37%	21.72%	-
Receivables	-	-	-	-	0.01	-
Inventory	-	-	-	-	0.07	-
Other Current Assets	0.03	0.13	0.01	-	0.97	0.18
Total Current Assets	0.04	0.15	0.02	0.01	1.1	0.18
Property, Plant & Equipment	247.66	433.63	432.24	0.12	0.11	-
Long-Term Investments	0.02	0.05	-	-	-	-
Other Intangible Assets	-	-	-	-	0	0.01
Long-Term Deferred Charges	-	-	-	-	1.02	0.28
Other Long-Term Assets	-	-	-	-	-	0.3
Total Assets	247.72	433.83	432.26	0.13	2.23	0.78

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2013	FY 2012
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2013	Dec 31, 2012
Accounts Payable	0.06	0.05	0.03	0.02	0.23	0.2
Accrued Expenses	-	-	-	-	0.01	-
Short-Term Debt	-	-	-	-	0.16	0.39
Current Portion of Long-Term Debt	-	-	-	-	0.47	-
Other Current Liabilities	5	5	5	-	0.46	0.01
Total Current Liabilities	5.05	5.05	5.03	0.02	1.33	0.61
Long-Term Debt	0.04	0.02	0.15	1.02	0.03	-
Other Long-Term Liabilities	-	-	-	-	0.11	0.01
Total Liabilities	5.1	5.06	5.18	1.04	1.47	0.62

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2013	FY 2012
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2013	Dec 31, 2012
Common Stock	3.89	3.89	3.89	3.89	0.09	0.04
Additional Paid-In Capital	70.34	256.31	254.65	-	10.47	6.4
Retained Earnings	-5.12	-4.76	-4.47	-4.87	-9.8	-6.27
Comprehensive Income & Other	-	-	-	-0	-0	-0.02
Total Common Equity	69.11	255.44	254.06	-0.98	0.76	0.16
Shareholders' Equity	242.63	428.77	427.08	-0.91	0.76	0.16
Total Liabilities & Equity	247.72	433.83	432.26	0.13	2.23	0.78

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2013	FY 2012
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2013	Dec 31, 2012
Total Debt	0.04	0.02	0.15	1.02	0.66	0.39
Net Cash (Debt)	-0.03	-0	-0.14	-1.01	-0.61	-0.39
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.00	-	-0.00	-0.00	-0.01	-0.05
Filing Date Shares Outstanding	6,250	6,212	4,348	4,357	167.01	44.56
Total Common Shares Outstanding	6,250	6,212	4,348	4,357	88.74	44.56
Working Capital	-5.02	-4.9	-5.01	-0.01	-0.23	-0.42
Book Value Per Share	0.01	0.04	0.06	-0.00	0.01	0.00
Tangible Book Value	69.11	255.44	254.06	-0.98	0.76	0.15
Tangible Book Value Per Share	0.01	0.04	0.06	-0.00	0.01	0.00
Machinery	-	0.44	0.44	0.2	0.11	0
Construction In Progress	-	-	-	-	0.02	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 23, 2026

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