Adex Mining Inc
Adex Mining Inc. engages in exploring and developing mineral properties in Canada. The company primarily explores for tin, indium, zinc, molybdenum, and tungsten deposits. It holds 100% of the subsurface mineral rights to approximately 1,600 hectares comprising the Mount Pleasant mine area of New Brunswick, Canada. The company was founded in 1992 and is based in Toronto, Canada.
Adex Mining Inc (ADXDF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.006x
Based on the latest financial reports, Adex Mining Inc (ADXDF) has a cash flow conversion efficiency ratio of 0.006x as of September 2025.
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 ($-204.21K) by net assets ($-32.88 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Adex Mining Inc - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how Adex 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.
Adex Mining Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Adex Mining Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Irwin Naturals, Inc.
PINK:IWINQ
|
0.079x |
|
Silly Monks Entertainment Limited
NSE:SILLYMONKS
|
0.107x |
|
Goldflare Exploration Inc
V:GOFL
|
-0.052x |
|
Lehto Group Oyj
F:L7G
|
12.566x |
|
PRINCIPAL FINANCIAL - Dusseldorf Stock Exchang
DU:PG4
|
0.097x |
|
MAN vz. (Pref Shares)
STU:MAN3
|
N/A |
|
GO2 People Ltd
AU:GO2
|
-0.007x |
|
MSC INDL DIRECT-A
BE:98M
|
0.077x |
Annual Cash Flow Conversion Efficiency for Adex Mining Inc (2006–2024)
The table below shows the annual cash flow conversion efficiency of Adex Mining Inc from 2006 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-30.95 Million | $-630.88K | 0.020x | -84.09% |
| 2023-12-31 | $-5.15 Million | $-660.08K | 0.128x | +11.13% |
| 2022-12-31 | $-4.38 Million | $-505.48K | 0.115x | -44.30% |
| 2021-12-31 | $-3.11 Million | $-642.65K | 0.207x | -17.13% |
| 2020-12-31 | $-2.16 Million | $-538.99K | 0.250x | -37.54% |
| 2019-12-31 | $-1.43 Million | $-573.61K | 0.400x | -65.11% |
| 2018-12-31 | $-666.88K | $-764.26K | 1.146x | -85.67% |
| 2017-12-31 | $-81.43K | $-651.23K | 7.997x | +1069.31% |
| 2016-12-31 | $841.09K | $-693.94K | -0.825x | -529.22% |
| 2015-12-31 | $15.29 Million | $-2.01 Million | -0.131x | -20.43% |
| 2014-12-31 | $11.96 Million | $-1.30 Million | -0.109x | +3.19% |
| 2013-12-31 | $13.66 Million | $-1.54 Million | -0.112x | +1.89% |
| 2012-12-31 | $15.29 Million | $-1.75 Million | -0.115x | +17.51% |
| 2011-12-31 | $16.86 Million | $-2.34 Million | -0.139x | -18.66% |
| 2010-12-31 | $12.87 Million | $-1.51 Million | -0.117x | -12.78% |
| 2009-12-31 | $9.93 Million | $-1.03 Million | -0.104x | +12.74% |
| 2008-12-31 | $10.19 Million | $-1.21 Million | -0.119x | +55.76% |
| 2007-12-31 | $10.17 Million | $-2.73 Million | -0.269x | -114.85% |
| 2006-12-31 | $-419.47K | $-759.67K | 1.811x | -- |