PTX Metals Inc.
PTX Metals Inc., together with its subsidiaries, explores for and evaluates mineral properties in Canada. It explores for gold, silver, uranium, chromite, copper, nickel, and platinum group element deposits, as well as base metals deposits. The company was formerly known as Platinex Inc. and changed its name to PTX Metals Inc. in February 2024. PTX Metals Inc. was incorporated in 1998 and is base… Read more
PTX Metals Inc. (PANXD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.100x
Based on the latest financial reports, PTX Metals Inc. (PANXD) has a cash flow conversion efficiency ratio of -0.100x as of June 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 ($-813.65K) by net assets ($8.10 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
PTX Metals Inc. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how PTX Metals 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.
PTX Metals Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PTX Metals Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SIG - Dusseldorf Stock Exchang
DU:QIG
|
N/A |
|
Trilogy AI Corp.
OTCQB:TRAID
|
1.520x |
|
Renuka Shaw Wallace PLC
CM:COCON0000
|
N/A |
|
Aberdeen New India Investment Trust PLC
LSE:ANII
|
-0.002x |
|
Movie Games VR S.A.
WAR:MVR
|
N/A |
|
Serendib Hotels PLC
CM:SHOTN0000
|
N/A |
|
GLOBAL GEOSCIEN
BE:4G1
|
N/A |
|
DFCU GROUP
USE:DFCU
|
N/A |
Annual Cash Flow Conversion Efficiency for PTX Metals Inc. (2020–2023)
The table below shows the annual cash flow conversion efficiency of PTX Metals Inc. from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $7.84 Million | $-1.66 Million | -0.212x | +54.79% |
| 2022-12-31 | $2.71 Million | $-1.27 Million | -0.469x | -20.39% |
| 2021-12-31 | $1.85 Million | $-719.44K | -0.389x | -22.39% |
| 2020-12-31 | $2.40 Million | $-761.86K | -0.318x | -- |