RENFORTH RESS. INC. NEW (9RR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, RENFORTH RESS. INC. NEW (9RR) has a cash flow conversion efficiency ratio of 0.400x as of June 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 (€-228.17K ≈ $-266.76K USD) by net assets (€-570.60K ≈ $-667.09K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
RENFORTH RESS. INC. NEW - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how RENFORTH RESS. INC. NEW's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 9RR liabilities breakdown for a breakdown of total debt and financial obligations.
RENFORTH RESS. INC. NEW Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RENFORTH RESS. INC. NEW ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
The GYM Group PLC
LSE:GYM
|
0.392x |
|
Randgold Exploration
JSE:RNG
|
0.000x |
|
Madhav Marbles and Granites Limited
NSE:MADHAV
|
-0.005x |
|
Pearl Polymers Limited
NSE:PEARLPOLY
|
-0.101x |
|
Mortgage Advice
LSE:MAB1
|
0.179x |
|
NuCana PLC
NASDAQ:NCNA
|
0.049x |
|
LM Funding America Inc
NASDAQ:LMFA
|
-0.063x |
|
Green Cross Holdings Preference Shares
KO:005257
|
-0.014x |
Annual Cash Flow Conversion Efficiency for RENFORTH RESS. INC. NEW (2021–2024)
The table below shows the annual cash flow conversion efficiency of RENFORTH RESS. INC. NEW from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of RENFORTH RESS. INC. NEW.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €-456.54K ≈ $-533.75K |
€-643.27K ≈ $-752.05K |
1.409x | +104.74% |
| 2023-12-31 | €77.44K ≈ $90.54K |
€-2.30 Million ≈ $-2.69 Million |
-29.704x | -2147.00% |
| 2022-12-31 | €1.91 Million ≈ $2.23 Million |
€-2.52 Million ≈ $-2.95 Million |
-1.322x | -69.72% |
| 2021-12-31 | €3.90 Million ≈ $4.55 Million |
€-3.03 Million ≈ $-3.55 Million |
-0.779x | -- |
About RENFORTH RESS. INC. NEW
Renforth Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for nickel, cobalt, platinum, palladium, copper, zinc, silver, and gold. It focuses on Malartic Metals Package. The company also owns 100% interest in the Parbec Gold Property located in Quebec; and holds 100% interest in the Nixon Bartleman Property consisting of… Read more