Ultra Resources Inc
Ultra Lithium Inc. engages in the acquisition, exploration, and development of resource properties in Argentina, Canada, and the United States. It primarily explores for gold and lithium deposits. The company was formerly known as Ultra Resources Inc. and changed its name to Ultra Lithium Inc. in January 2022. Ultra Lithium Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada.
Ultra Resources Inc (ULTXF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of July 2024: -0.011x
Based on the latest financial reports, Ultra Resources Inc (ULTXF) has a cash flow conversion efficiency ratio of -0.011x as of July 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 ($-111.04K) by net assets ($10.27 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ultra Resources Inc - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how Ultra 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.
Ultra Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ultra Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mendelson Infrastructures and Industries Ltd
TA:MNIN
|
0.061x |
|
SOUTHERN COPPER - Dusseldorf Stock Exchang
DU:PCU
|
0.160x |
|
DANAHER - Dusseldorf Stock Exchang
DU:DAP
|
0.029x |
|
Palred Technologies Limited
NSE:PALREDTEC
|
0.038x |
|
Pacific Imperial Mines Inc
V:PPM
|
0.008x |
|
Freight Technologies Inc
NASDAQ:FRGT
|
0.134x |
|
AUTONATION (RWI.SG)
STU:RWI
|
-0.030x |
|
Sky Gold Corp
PINK:SRKZF
|
-0.073x |
Annual Cash Flow Conversion Efficiency for Ultra Resources Inc (2013–2023)
The table below shows the annual cash flow conversion efficiency of Ultra Resources Inc from 2013 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-10-31 | $10.73 Million | $-963.51K | -0.090x | +15.64% |
| 2022-10-31 | $12.03 Million | $-1.28 Million | -0.106x | +44.57% |
| 2021-10-31 | $3.03 Million | $-581.76K | -0.192x | +8.93% |
| 2020-10-31 | $2.28 Million | $-480.94K | -0.211x | +3.87% |
| 2019-10-31 | $2.72 Million | $-595.39K | -0.219x | -64.34% |
| 2018-10-31 | $3.24 Million | $-432.04K | -0.133x | +50.31% |
| 2017-10-31 | $2.09 Million | $-560.32K | -0.269x | +13.39% |
| 2016-10-31 | $1.90 Million | $-588.47K | -0.310x | +40.05% |
| 2015-10-31 | $791.66K | $-409.42K | -0.517x | -233.49% |
| 2014-10-31 | $4.81 Million | $-745.31K | -0.155x | -23.36% |
| 2013-10-31 | $5.01 Million | $-630.14K | -0.126x | -- |