Ridgestone Mining (TSXV:RMI) Accounts Payable & Accrued Expense : C$0.44 Mil (As of Jun. 2024)

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What is Ridgestone Mining Accounts Payable & Accrued Expense?

Ridgestone Mining's quarterly accounts payable & accrued expense declined from Dec. 2023 (C$0.43 Mil) to Mar. 2024 (C$0.43 Mil) but then increased from Mar. 2024 (C$0.43 Mil) to Jun. 2024 (C$0.44 Mil).

Ridgestone Mining's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.24 Mil) to Dec. 2022 (C$0.45 Mil) but then declined from Dec. 2022 (C$0.45 Mil) to Dec. 2023 (C$0.43 Mil).

Ridgestone Mining Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ridgestone Mining's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ridgestone Mining Accounts Payable & Accrued Expense Chart

Ridgestone Mining Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.15

0.56

0.24

0.45

0.43

Ridgestone Mining Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.46	0.46	0.43	0.43	0.44

Ridgestone Mining Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Ridgestone Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ridgestone Mining Inc (TSXV:RMI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RIGMF:USA 4U50:Germany

Address

905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6

Website

https://www.ridgestonemining.com

Ridgestone Mining Inc is a mining company. The Company's business plan is to acquire, explore and develop mineral properties and ultimately seek earnings by exploiting mineral claims. It is engaged in the business of exploration of mineral properties in North America. It holds an interest in Cimarron gold property, Rebeico Property, Guadalupe y Calvo Property, and Alaska Property.

Executives

Jonathan George	Director
Hsin-chen Liu	Director
Yen Hua Yi	10% Security Holder
Ronnie Floyd Birch	Director

Ridgestone Mining Headlines

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