WESTMINSTER RES
Solis Minerals Ltd. acquires, explores for, and develops mineral properties. The company primarily explores for copper, gold, silver, lithium, battery metals, and iron oxide. The company was formerly known as Westminster Resources Ltd. and changed its name to Solis Minerals Ltd. in July 2021. Solis Minerals Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.
WESTMINSTER RES (08W) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of February 2025: -0.043x
Based on the latest financial reports, WESTMINSTER RES (08W) has a cash flow conversion efficiency ratio of -0.043x as of February 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 (€-378.11K) by net assets (€8.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
WESTMINSTER RES - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how WESTMINSTER RES's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
WESTMINSTER RES Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of WESTMINSTER RES ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CEA Industries Inc
NASDAQ:CEAD
|
-0.091x |
|
PRI EKOPARK SA ZY -10
F:NPA
|
N/A |
|
Celyad SA
BR:CYAD
|
0.919x |
|
QPR Software Oyj
HE:QPR1V
|
-0.282x |
|
Getabec Public Company Limited
BK:GTB
|
0.041x |
|
Amesite Operating Co
NASDAQ:AMST
|
-0.412x |
|
Mobivity Holdings
OTCQB:MFON
|
0.126x |
|
TARGETSPOT S.A. EO 1
F:6YW
|
N/A |
Annual Cash Flow Conversion Efficiency for WESTMINSTER RES (2021–2023)
The table below shows the annual cash flow conversion efficiency of WESTMINSTER RES from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-05-31 | €4.66 Million | €-1.53 Million | -0.329x | -1.02% |
| 2022-05-31 | €6.13 Million | €-1.99 Million | -0.326x | -329.83% |
| 2021-05-31 | €5.62 Million | €-425.97K | -0.076x | -- |