Tantalex Resources Corporation
Tantalex Lithium Resources Corp. engages in the acquisition, exploration, development, and production of lithium, tantalum, and tin in Africa. It holds interest in the Manono Lithium Tailings, the Pegmatite Corridor Exploration, and the Titan Projects located in Manono, the Democratic Republic of Congo. The company was formerly known as Tantalex Resources Corporation and changed its name to Tanta… Read more
Tantalex Resources Corporation (TTLXF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of November 2024: 0.067x
Based on the latest financial reports, Tantalex Resources Corporation (TTLXF) has a cash flow conversion efficiency ratio of 0.067x as of November 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 ($-1.79 Million) by net assets ($-26.65 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tantalex Resources Corporation - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Tantalex Resources Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Tantalex Resources Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tantalex Resources Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Energy World Corporation Ltd
PINK:EWCLF
|
-0.009x |
|
ROYIF
PINK:ROYIF
|
0.323x |
|
Kyobo 15 Special Purpose Acquisition Company
KQ:465320
|
N/A |
|
Dev Information Technology Limited
NSE:DEVIT
|
0.054x |
|
KTI
KLSE:0308
|
-0.281x |
|
Bossdom Digiinnovation Co., Ltd.
TWO:6622
|
0.036x |
|
Royalindo Investa Wijaya
JK:INDO
|
0.012x |
|
LONZA GRP N
MU:LO3
|
N/A |
Annual Cash Flow Conversion Efficiency for Tantalex Resources Corporation (2018–2024)
The table below shows the annual cash flow conversion efficiency of Tantalex Resources Corporation from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-02-29 | $-24.88 Million | $-9.74 Million | 0.391x | -1.22% |
| 2023-02-28 | $-20.05 Million | $-7.94 Million | 0.396x | -24.21% |
| 2022-02-28 | $-15.41 Million | $-8.06 Million | 0.523x | +1070.64% |
| 2021-02-28 | $-8.74 Million | $-390.32K | 0.045x | -90.97% |
| 2020-02-29 | $-2.78 Million | $-1.38 Million | 0.494x | +121.89% |
| 2019-02-28 | $981.37K | $-2.22 Million | -2.258x | -153.30% |
| 2018-02-28 | $2.97 Million | $-2.65 Million | -0.891x | -- |