Platinex Inc (9PX) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.038x

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 how leveraged is Platinex Inc's balance sheet to measure how much of total assets are equity-financed.

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. Check 9PX cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
Spire Healthcare Group Plc LSE:SPI	0.151x
Avicanna Inc TO:AVCN	-0.075x
Jet Freight Logistics Limited NSE:JETFREIGHT	0.076x
Complii Fintech Solutions Ltd AU:CF1	-0.119x
GANGLONG CHINA PR.GR.LTD F:52J	N/A
Asturiana de Laminados S.A. MC:ELZ	0.921x
Hays plc LSE:HAS	0.122x
Country Heights Holdings Bhd KLSE:5738	0.005x

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 9PX market cap overview.

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

F:9PX Germany Gold

Market Cap

$13.19 Million

€11.28 Million EUR

Market Cap Rank

#26722 Global

#2292 in Germany

Share Price

€0.06

Change (1 day)

+22.26%

52-Week Range

€0.05 - €0.13

All Time High

€0.78