ELEMENT 29 RESOURCES INC (2IK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, ELEMENT 29 RESOURCES INC (2IK) has a cash flow conversion efficiency ratio of -0.018x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€-402.82K ≈ $-470.94K USD) by net assets (€22.87 Million ≈ $26.74 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see 2IK company net worth for the company's overall valuation and market capitalisation.
ELEMENT 29 RESOURCES INC - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how ELEMENT 29 RESOURCES INC's cash flow conversion efficiency has evolved over time, based on yearly financial data.
ELEMENT 29 RESOURCES INC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ELEMENT 29 RESOURCES INC ranked by their cash flow conversion efficiency. See ELEMENT 29 RESOURCES INC (2IK) debt coverage ratio to evaluate how effectively operating cash flow covers total debt obligations.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nordhealth AS
OL:NORDH
|
-0.008x |
|
Soquicom
SN:SOQUICOM
|
-0.106x |
|
Magyar Bancorp Inc
NASDAQ:MGYR
|
0.030x |
|
M.C.S. Steel Public Company Limited
BK:MCS
|
0.055x |
|
Caisse Regionale de Credit Agricole Mutuel Loire HauteLoire
PA:CRLO
|
0.036x |
|
Repare Therapeutics Inc
NASDAQ:RPTX
|
0.023x |
|
Vakif Finansal Kiralama AS
IS:VAKFN
|
-0.258x |
|
eGalax_eMPIA Technology
TWO:3556
|
0.066x |
Annual Cash Flow Conversion Efficiency for ELEMENT 29 RESOURCES INC (2021–2025)
The table below shows the annual cash flow conversion efficiency of ELEMENT 29 RESOURCES INC from 2021 to 2025. View latest ELEMENT 29 RESOURCES INC stock price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €22.87 Million ≈ $26.74 Million |
€-1.35 Million ≈ $-1.58 Million |
-0.059x | +42.29% |
| 2024-12-31 | €12.84 Million ≈ $15.01 Million |
€-1.31 Million ≈ $-1.54 Million |
-0.102x | +13.25% |
| 2023-12-31 | €15.75 Million ≈ $18.41 Million |
€-1.86 Million ≈ $-2.17 Million |
-0.118x | +25.42% |
| 2022-12-31 | €14.08 Million ≈ $16.46 Million |
€-2.23 Million ≈ $-2.60 Million |
-0.158x | -33.80% |
| 2021-12-31 | €17.01 Million ≈ $19.89 Million |
€-2.01 Million ≈ $-2.35 Million |
-0.118x | -- |
About ELEMENT 29 RESOURCES INC
Element 29 Resources Inc. engages in the exploration and development of mineral resource properties in Peru. The company explores for copper, molybdenum, gold, silver, lead, and zinc. Its flagship properties are Elida copper project that includes 29 mining concessions covering an area of approximately 19,749 hectares located in the province of Ocros; Flor de Cobre copper project comprising 11 min… Read more