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For the year ending 2025-12-31, RITE has $433,828,780 in assets. $5,061,768 in debts. $11,617 in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
2.89%
Quick Ratio
2.89%
Cash Ratio
0.23%
Debt to Asset Ratio
1.17%
Unit: Dollar
Assets Breakdown
    • Mineral assets
    • Mineral royalties
    • Property, plant & equipment
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Preferred stock, value, issued-S...
    • Other liabilities
    • Others

Balance Sheets
2025-12-31
Accounts receivable
0
Inventory
0
Employee advances
0
Note receivable
0
Cash and cash equivalents
11,617
Prepaid services
134,363
Total current assets
145,980
Property, plant & equipment
438,414
Less accumulated depreciation & write downs
198,414
Total property and equipment, net
240,000
Prepaid services - long-term portion
0
Less accumulated depletion
0
Investments
51,300
Mineral royalties
1,380,000
Mineral assets
432,011,500
Total other assets
433,442,800
Total assets
433,828,780
Accounts payable
48,948
Other liabilities
4,997,300
Total current liabilities
5,046,248
Notes payable
15,520
Total long-term liabilities
15,520
Total liabilities
5,061,768
Preferred stock, value, issued-Series APreferred Stock
105
Preferred stock, value, issued-Series BPreferred Stock
14
Preferred stock, value, issued-Series CPreferred Stock
828,585
Preferred stock, value, issued-Series NMCPreferred Stock
172,500,000
Common stock, no par value 20,000,000,000 authorized 6,211,776,842 issued at 12/31/25 4,347,776,842 issued at 12/31/24
3,887,635
Additional paid-in capital
256,312,494
Accumulated deficit
-4,761,821
Total shareholders equity (deficit)
428,767,012
Total liabilities and shareholders equity (deficit)
433,828,780
Unit: Dollar.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Mineral assets$432,011,500 Mineral royalties$1,380,000 Investments$51,300 Property, plant &equipment$438,414 Prepaid services$134,363 Cash and cashequivalents$11,617 Total other assets$433,442,800 Total property andequipment, net$240,000 Total current assets$145,980 Less accumulateddepreciation & write downs$198,414 Total assets$433,828,780 Total liabilities andshareholders equity...$433,828,780 Total shareholdersequity (deficit)$428,767,012 Total liabilities$5,061,768 Accumulated deficit-$4,761,821 Additional paid-in capital$256,312,494 Preferred stock, value,issued-Series NMCPreferred...$172,500,000 Total currentliabilities$5,046,248 Total long-termliabilities$15,520 Common stock, no parvalue 20,000,000,000...$3,887,635 Preferred stock, value,issued-Series CPreferred...$828,585 Preferred stock, value,issued-Series APreferred...$105 Preferred stock, value,issued-Series BPreferred...$14 Other liabilities$4,997,300 Accounts payable$48,948 Notes payable$15,520

MINERALRITE Corp (RITE)

MINERALRITE Corp (RITE)