Stratabound Minerals Corp
Lode Gold Resources Inc., together with its subsidiaries, engages in the acquisition and exploration of mineral resource properties in North America. The company primarily explores for lead, zinc, silver, copper, gold, and cobalt deposits. Its flagship project is the Fremont Gold project located in the Mariposa County, California; and the Dingman Gold project consists of certain mineral claims th… Read more
Stratabound Minerals Corp (SBMIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.013x
Based on the latest financial reports, Stratabound Minerals Corp (SBMIF) has a cash flow conversion efficiency ratio of -0.013x as of September 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 ($-293.36K) by net assets ($22.18 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Stratabound Minerals Corp - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how Stratabound Minerals Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Stratabound Minerals Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Stratabound Minerals Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MM2 ASIA LTD
F:1MMA
|
N/A |
|
Lanakam S.A
AT:LANAC
|
0.007x |
|
Synlogic Inc
NASDAQ:SYBX
|
-0.139x |
|
Turism Felix B
RO:TUFE
|
0.094x |
|
Richy Place 2002 Public Company Limited
BK:RICHY
|
0.031x |
|
Western Gold Exploration Ltd
V:WGLD
|
-0.468x |
|
1414 Degrees Ltd
AU:14D
|
-0.458x |
|
SecMark Consultancy Limited
NSE:SECMARK
|
-0.080x |
Annual Cash Flow Conversion Efficiency for Stratabound Minerals Corp (2016–2023)
The table below shows the annual cash flow conversion efficiency of Stratabound Minerals Corp from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $21.57 Million | $-809.33K | -0.038x | +44.86% |
| 2022-12-31 | $20.53 Million | $-1.40 Million | -0.068x | -2.46% |
| 2021-12-31 | $21.04 Million | $-1.40 Million | -0.066x | +31.90% |
| 2020-12-31 | $11.27 Million | $-1.10 Million | -0.098x | +6.27% |
| 2019-12-31 | $3.02 Million | $-314.14K | -0.104x | +38.17% |
| 2018-12-31 | $2.50 Million | $-421.51K | -0.168x | -2.88% |
| 2017-12-31 | $879.72K | $-143.89K | -0.164x | -103.49% |
| 2016-12-31 | $-38.28K | $-179.18K | 4.680x | -- |