ELEMENT 29 RESOURCES INC Cash Flow Conversion Efficiency
ELEMENT 29 RESOURCES INC 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.
Cash Flow Conversion Efficiency of ELEMENT 29 RESOURCES INC (2021–2025)
Cash flow conversion efficiency of ELEMENT 29 RESOURCES INC from 2021 to 2025. This chart illustrates how ELEMENT 29 RESOURCES INC's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of ELEMENT 29 RESOURCES INC for real-time trading data and today's change.
ELEMENT 29 RESOURCES INC Cash Flow Conversion Ratio Explained
ELEMENT 29 RESOURCES INC cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see ELEMENT 29 RESOURCES INC (2IK) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS
IS:BJKAS
|
0.286x |
|
China Electric Manufacturing Corp
TW:1611
|
0.009x |
|
Master Drilling Group Ltd
JSE:MDI
|
-0.024x |
|
PT Satu Visi Putra Tbk
JK:VISI
|
-0.009x |
|
Nava Nakorn Public Company Limited
BK:NNCL
|
0.023x |
|
Repare Therapeutics Inc
NASDAQ:RPTX
|
0.023x |
|
Epileds Technologies Inc
TW:4956
|
0.021x |
|
Dongsung Corporation
KO:102260
|
-0.014x |
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. Review 2IK financial flexibility score to assess the company's free cash flow relative to its total liabilities.
| 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