E2Gold Inc
E2Gold Inc., a junior exploration company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada. The company explores for gold, precious metals, and other minerals and metals. Its flagship project is the Hawkins Gold Property that consist of 3,310 claims covering an area of approximately 701 square kilometers located in the north central Ontario, Ca… Read more
E2Gold Inc (ETUGF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of April 2024: 0.066x
Based on the latest financial reports, E2Gold Inc (ETUGF) has a cash flow conversion efficiency ratio of 0.066x as of April 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 ($-67.32K) by net assets ($-1.02 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
E2Gold Inc - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how E2Gold 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.
E2Gold Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of E2Gold Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MASI AGRICOLA S.P.A.
F:0CY
|
N/A |
|
American Rebel Holdings Inc
NASDAQ:AREB
|
-0.477x |
|
Scanway SA
WAR:SCW
|
N/A |
|
Providence Gold Mines Inc
PINK:PRRVF
|
0.002x |
|
Identillect Technologies Corp
V:ID
|
0.006x |
|
ATOSS SOFTWARE - Dusseldorf Stock Exchang
DU:AOF
|
N/A |
|
RespireRx Pharmaceuticals Inc
PINK:RSPI
|
0.008x |
|
Osmosun SA
PA:ALWTR
|
138.991x |
Annual Cash Flow Conversion Efficiency for E2Gold Inc (2020–2023)
The table below shows the annual cash flow conversion efficiency of E2Gold Inc from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-07-31 | $-825.64K | $-2.97 Million | 3.592x | +198.58% |
| 2022-07-31 | $1.97 Million | $-7.19 Million | -3.644x | -587.55% |
| 2021-07-31 | $4.97 Million | $-2.63 Million | -0.530x | +83.10% |
| 2020-07-31 | $80.89K | $-253.60K | -3.135x | -- |