Adamant DRI Processing and Minerals Group
Adamant DRI Processing and Minerals Group does not have significant operations. Previously, it was engaged in the provision of digital implementation plans for exhibition center projects and display booths, and model designs for various exhibition centers and real estate. The company was incorporated in 2014 and is based in Eagle, Idaho. Adamant DRI Processing and Minerals Group is a subsidiary o… Read more
Adamant DRI Processing and Minerals Group (ADMG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.253x
Based on the latest financial reports, Adamant DRI Processing and Minerals Group (ADMG) has a cash flow conversion efficiency ratio of -0.253x as of September 2023.
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 ($-8.77K) by net assets ($34.67K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Adamant DRI Processing and Minerals Group - Cash Flow Conversion Efficiency Trend (2011–2022)
This chart illustrates how Adamant DRI Processing and Minerals Group's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Adamant DRI Processing and Minerals Group Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Adamant DRI Processing and Minerals Group ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Realites
PA:ALREA
|
-0.231x |
|
Red Metal Resources Ltd
PINK:RMESF
|
0.047x |
|
TurnOnGreen, Inc
PINK:TOGI
|
0.101x |
|
ReTo Eco-Solutions Inc
NASDAQ:RETO
|
-0.047x |
|
Classic Minerals Ltd
AU:CLZ
|
0.016x |
|
JM SMUCKER - Dusseldorf Stock Exchang
DU:JM2
|
0.022x |
|
Box Pak (Malaysia) Bhd
KLSE:6297
|
0.396x |
|
Click Holdings Limited
NASDAQ:CLIK
|
0.000x |
Annual Cash Flow Conversion Efficiency for Adamant DRI Processing and Minerals Group (2011–2022)
The table below shows the annual cash flow conversion efficiency of Adamant DRI Processing and Minerals Group from 2011 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-37.17K | $-78.91K | 2.123x | +263.67% |
| 2021-12-31 | $-66.10K | $-38.58K | 0.584x | +21.41% |
| 2020-12-31 | $-5.20K | $-2.50K | 0.481x | +145.41% |
| 2018-12-31 | $445.70K | $-471.91K | -1.059x | -11282.47% |
| 2017-12-31 | $-21.48 Million | $-203.36K | 0.009x | -73.96% |
| 2016-12-31 | $-12.61 Million | $-458.64K | 0.036x | +126.66% |
| 2015-12-31 | $-8.15 Million | $1.11 Million | -0.136x | +99.29% |
| 2014-12-31 | $704.93K | $-13.57 Million | -19.249x | -7702.53% |
| 2013-12-31 | $-35.92K | $-9.10K | 0.253x | -97.53% |
| 2012-12-31 | $-4.17K | $-42.67K | 10.238x | +31.29% |
| 2011-12-31 | $-5.00K | $-39.00K | 7.798x | -- |