Platinex Inc (9PX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Platinex Inc (9PX) has a cash flow conversion efficiency ratio of -0.038x as of September 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 (€-462.38K ≈ $-540.57K USD) by net assets (€12.29 Million ≈ $14.37 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Platinex Inc (9PX) defensive interval to measure how many days the company can operate on defensive assets alone.
Platinex Inc - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Platinex Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Platinex Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Platinex Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Advanced Packaging Tech (Malaysia)
KLSE:9148
|
-0.003x |
|
Trustpilot Group PLC
LSE:TRST
|
-5.609x |
|
Alligator Bioscience AB
ST:ATORX
|
-3.791x |
|
IRLAB Therapeutics AB (publ)
ST:IRLAB-A
|
-0.787x |
|
GANGLONG CHINA PR.GR.LTD
F:52J
|
N/A |
|
Maris Tech Ltd
NASDAQ:MTEK
|
-0.735x |
|
Merchants Trust PLC
LSE:MRCH
|
0.019x |
|
DB (International) Stock Brokers Limited
NSE:DBSTOCKBRO
|
-0.043x |
Annual Cash Flow Conversion Efficiency for Platinex Inc (2013–2024)
The table below shows the annual cash flow conversion efficiency of Platinex Inc from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Platinex Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €10.14 Million ≈ $11.86 Million |
€-1.93 Million ≈ $-2.26 Million |
-0.191x | +10.03% |
| 2023-12-31 | €7.84 Million ≈ $9.17 Million |
€-1.66 Million ≈ $-1.94 Million |
-0.212x | +54.79% |
| 2022-12-31 | €2.71 Million ≈ $3.17 Million |
€-1.27 Million ≈ $-1.48 Million |
-0.469x | -20.39% |
| 2021-12-31 | €1.85 Million ≈ $2.16 Million |
€-719.44K ≈ $-841.10K |
-0.389x | -22.39% |
| 2020-12-31 | €2.40 Million ≈ $2.80 Million |
€-761.86K ≈ $-890.70K |
-0.318x | -267.48% |
| 2019-12-31 | €-483.98K ≈ $-565.82K |
€-91.92K ≈ $-107.46K |
0.190x | -91.01% |
| 2018-12-31 | €-188.61K ≈ $-220.50K |
€-398.29K ≈ $-465.65K |
2.112x | +1010.98% |
| 2017-12-31 | €2.56 Million ≈ $2.99 Million |
€-593.76K ≈ $-694.17K |
-0.232x | +6.95% |
| 2016-12-31 | €1.95 Million ≈ $2.28 Million |
€-485.34K ≈ $-567.42K |
-0.249x | -2206.44% |
| 2015-12-31 | €1.26 Million ≈ $1.48 Million |
€-13.64K ≈ $-15.95K |
-0.011x | +77.01% |
| 2014-12-31 | €1.31 Million ≈ $1.53 Million |
€-61.37K ≈ $-71.75K |
-0.047x | +86.83% |
| 2013-12-31 | €523.06K ≈ $611.51K |
€-186.66K ≈ $-218.22K |
-0.357x | -- |
About Platinex Inc
PTX Metals Inc., together with its subsidiaries, explores for and evaluates mineral properties in Canada. It explores for gold, chromite, copper, nickel, and platinum group element deposits, as well as base metals deposits. The company was formerly known as Platinex Inc. and changed its name to PTX Metals Inc. in February 2024. PTX Metals Inc. was incorporated in 1998 and is based in Toronto, Can… Read more