O3 Mining Inc
O3 Mining Inc. engages in the acquisition, exploration, and development of precious metal resource properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Marban Alliance property with 65 mining claims covering 2,189 hectares located in the western portion of the province of Québec, Canada. The company is headquartered in Toronto, Canada. As of March 1… Read more
O3 Mining Inc (OIIIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.001x
Based on the latest financial reports, O3 Mining Inc (OIIIF) has a cash flow conversion efficiency ratio of 0.001x 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 ($150.00K) by net assets ($240.16 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
O3 Mining Inc - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how O3 Mining 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.
O3 Mining Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of O3 Mining Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cheil Electric Wiring Devices Co. Ltd.
KQ:199820
|
0.018x |
|
Agabang&Company
KQ:013990
|
-0.022x |
|
Asetek A/S
F:A31
|
0.018x |
|
MOLECULAR PARTNERS ADS/1
F:6ML0
|
N/A |
|
Creditwest Faktoring AS
IS:CRDFA
|
-0.586x |
|
Hazer Group Limited
PINK:HZRGF
|
-0.072x |
|
ViGenCell Inc.
KQ:308080
|
-0.025x |
|
Pyrum Innovations AG
OL:PYRUM
|
-0.116x |
Annual Cash Flow Conversion Efficiency for O3 Mining Inc (2017–2023)
The table below shows the annual cash flow conversion efficiency of O3 Mining Inc from 2017 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $228.25 Million | $-2.72 Million | -0.012x | +60.58% |
| 2022-12-31 | $241.32 Million | $-7.30 Million | -0.030x | -18.05% |
| 2021-12-31 | $237.58 Million | $-6.09 Million | -0.026x | -25.63% |
| 2020-12-31 | $194.74 Million | $-3.97 Million | -0.020x | +37.11% |
| 2019-12-31 | $159.65 Million | $-5.18 Million | -0.032x | +99.98% |
| 2018-12-31 | $58.36K | $-8.55 Million | -146.580x | -304.29% |
| 2017-12-31 | $-75.55K | $2.74 Million | -36.256x | -- |