Ascendant Resources Inc
Ascendant Resources Inc. explores and develops mineral properties in Portugal. The company explores for silver, gold, zinc, copper, lead, and tin. It holds 80% interest in the Lagoa Salgada volcanogenic massive sulphide project covering an an area of 7,209 hectares located on the Iberian Pyrite Belt in Portugal. The company was formerly known as Morumbi Resources Inc. and changed its name to Asce… Read more
Ascendant Resources Inc (ASDRF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 0.017x
Based on the latest financial reports, Ascendant Resources Inc (ASDRF) has a cash flow conversion efficiency ratio of 0.017x as of December 2024.
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 ($-280.00K) by net assets ($-16.09 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ascendant Resources Inc - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Ascendant Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ascendant Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ascendant Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bartronics India Limited
NSE:ASMS
|
N/A |
|
Dynasty Gold Corp
PINK:DGDCF
|
0.010x |
|
Gesundheitswelt Chiemgau AG
MU:JTH
|
N/A |
|
Althea Group Holdings Ltd
AU:AGH
|
9.371x |
|
Precision Biosensor Inc.
KQ:335810
|
0.009x |
|
Bluelinea SA
PA:ALBLU
|
-0.615x |
|
Electric Power Technology Limited
TWO:4529
|
-0.046x |
|
ALFOT Technologies Co., Ltd.
TWO:4553
|
-0.011x |
Annual Cash Flow Conversion Efficiency for Ascendant Resources Inc (2014–2024)
The table below shows the annual cash flow conversion efficiency of Ascendant Resources Inc from 2014 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-16.09 Million | $-1.69 Million | 0.105x | -48.62% |
| 2023-12-31 | $-12.75 Million | $-2.60 Million | 0.204x | -45.73% |
| 2022-12-31 | $-3.79 Million | $-1.42 Million | 0.375x | +161.58% |
| 2021-12-31 | $3.86 Million | $-2.35 Million | -0.610x | -130.60% |
| 2020-12-31 | $4.78 Million | $9.52 Million | 1.993x | +310.45% |
| 2019-12-31 | $15.92 Million | $7.73 Million | 0.485x | -29.53% |
| 2018-12-31 | $23.62 Million | $16.28 Million | 0.689x | +272.89% |
| 2017-12-31 | $16.23 Million | $-6.47 Million | -0.398x | -105.62% |
| 2016-12-31 | $11.21 Million | $-2.17 Million | -0.194x | -128.96% |
| 2016-07-31 | $-369.85K | $-247.49K | 0.669x | -27.85% |
| 2015-12-31 | $-644.06K | $-597.34K | 0.927x | +679.47% |
| 2014-12-31 | $-926.10K | $-110.19K | 0.119x | -- |