Blue Note Mining Inc
Blue Note Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, base metals, and precious metals. The company primarily has interests in the Croinor gold project consisting of a mining lease of 90 hectares located east of Val-d'Or, Québec. It also holds interests in various gold exploration properties located in the V… Read more
Blue Note Mining Inc (BLNMF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2012: -0.011x
Based on the latest financial reports, Blue Note Mining Inc (BLNMF) has a cash flow conversion efficiency ratio of -0.011x as of September 2012.
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 ($-170.40K) by net assets ($15.35 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Blue Note Mining Inc - Cash Flow Conversion Efficiency Trend (2004–2011)
This chart illustrates how Blue Note 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.
Blue Note Mining Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Blue Note Mining Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mesa Home Resources Inc
PINK:MHRE
|
N/A |
|
H C Slingsby PLC
LSE:SLNG
|
0.086x |
|
in Style Group PLC
LSE:ITS
|
-0.054x |
|
CeCors Inc
PINK:CEOS
|
-0.498x |
|
EPISTEM HOLD
BE:D6M
|
N/A |
|
STERLING FINANCIAL HOLDINGS COMPANY PLC
XNSA:STERLINGNG
|
N/A |
|
Miton UK MicroCap Trust PLC
LSE:MINI
|
-0.004x |
|
Orient Telecoms
LSE:ORNT
|
1.770x |
Annual Cash Flow Conversion Efficiency for Blue Note Mining Inc (2004–2011)
The table below shows the annual cash flow conversion efficiency of Blue Note Mining Inc from 2004 to 2011.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2011-12-31 | $14.82 Million | $-1.33 Million | -0.090x | +39.27% |
| 2010-12-31 | $17.69 Million | $-2.61 Million | -0.148x | +80.19% |
| 2009-12-31 | $8.79 Million | $-6.55 Million | -0.745x | -317.50% |
| 2008-12-31 | $-49.18 Million | $-16.84 Million | 0.342x | +4002.18% |
| 2007-12-31 | $111.67 Million | $931.97K | 0.008x | -79.91% |
| 2006-12-31 | $74.43 Million | $3.09 Million | 0.042x | +131.50% |
| 2005-12-31 | $2.27 Million | $-298.98K | -0.132x | +98.73% |
| 2004-12-31 | $-150.00 | $1.56K | -10.413x | -- |