Element 29 Resources Inc
Element 29 Resources Inc. engages in the exploration and development of mineral resource properties in Peru. The company explores for copper, molybdenum, gold, silver, lead, and zinc. Its flagship properties are Elida copper project that includes 29 mining concessions covering an area of approximately 19,749 hectares located in the province of Ocros; Flor de Cobre copper project comprising 11 min… Read more
Element 29 Resources Inc (EMTRF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.020x
Based on the latest financial reports, Element 29 Resources Inc (EMTRF) has a cash flow conversion efficiency ratio of -0.020x 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 ($-478.75K) by net assets ($23.41 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Element 29 Resources Inc - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Element 29 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.
Element 29 Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Element 29 Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Uzma Bhd
KLSE:7250
|
0.074x |
|
Sigma Advanced Systems Limited
NSE:SIGMAADV
|
N/A |
|
Young Shine Electric Co., Ltd.
TWO:2249
|
0.131x |
|
CMC JSC
VN:CVT
|
N/A |
|
Empress Royalty Corp
OTCQB:EMPYF
|
0.029x |
|
Atenor SA
BR:ATEB
|
0.134x |
|
YAMASHINA
F:1Y0
|
N/A |
|
Lipocine Inc
NASDAQ:LPCN
|
-0.211x |
Annual Cash Flow Conversion Efficiency for Element 29 Resources Inc (2019–2024)
The table below shows the annual cash flow conversion efficiency of Element 29 Resources Inc from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $12.84 Million | $-1.31 Million | -0.102x | +13.25% |
| 2023-12-31 | $15.75 Million | $-1.86 Million | -0.118x | +25.42% |
| 2022-12-31 | $14.08 Million | $-2.23 Million | -0.158x | -33.80% |
| 2021-12-31 | $17.01 Million | $-2.01 Million | -0.118x | +18.61% |
| 2020-12-31 | $12.26 Million | $-1.78 Million | -0.145x | +30.58% |
| 2019-12-31 | $4.81 Million | $-1.01 Million | -0.209x | -- |