Atco Mining Inc.
Atco Mining Inc. engages in the sourcing and exploring of mineral properties in Canada. It holds 100% interest in the Salt properties, which comprises the Eagle Salt and the Adonis projects located in the Province of Newfoundland and Labrador. The company was formerly known as EV Ventures Inc. and changed its name to Atco Mining Inc. in September 2022. Atco Mining Inc. was incorporated in 2021 an… Read more
Atco Mining Inc. (ATMGF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.060x
Based on the latest financial reports, Atco Mining Inc. (ATMGF) has a cash flow conversion efficiency ratio of -0.060x 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 ($-133.21K) by net assets ($2.20 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Atco Mining Inc. - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Atco 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.
Atco Mining Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Atco Mining Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Scotch Creek Ventures Inc
PINK:SCVFF
|
0.285x |
|
QURI-MAYU DEVELOPMENTS
F:JR9
|
N/A |
|
Danimer Scientific Inc
OTCQX:DNMR
|
-0.069x |
|
France Tourisme Immobilier SA
PA:MLFTI
|
N/A |
|
Golf & Co Group Ltd
TA:GOLF
|
0.136x |
|
Central Petroleum Limited
PINK:CNPTF
|
0.160x |
|
GP Global Power Ltd
TA:GPGB
|
-0.052x |
|
QLY Biotech Group Corp.
PINK:LQLY
|
0.522x |
Annual Cash Flow Conversion Efficiency for Atco Mining Inc. (2021–2023)
The table below shows the annual cash flow conversion efficiency of Atco Mining Inc. from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $1.66 Million | $-1.74 Million | -1.046x | -151.90% |
| 2022-12-31 | $1.16 Million | $-482.12K | -0.415x | -544.39% |
| 2021-12-31 | $402.31K | $37.58K | 0.093x | -- |