Diamond Holdings Inc
Diamond Holdings, Inc. focuses on the evaluation and development of early-stage vanadium and rare earth metal exploration properties. The company was formerly known as Venture Vanadium Inc. and changed its name to Diamond Holdings, Inc. in August 2021. The company was founded in 2016 and is based in Fairhope, Alabama.
Diamond Holdings Inc (DIAH) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of July 2021: -0.103x
Based on the latest financial reports, Diamond Holdings Inc (DIAH) has a cash flow conversion efficiency ratio of -0.103x as of July 2021.
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 ($-81.24K) by net assets ($788.37K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Diamond Holdings Inc - Cash Flow Conversion Efficiency Trend (2016–2020)
This chart illustrates how Diamond Holdings 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.
Diamond Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Diamond Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nord Precious Metals Mining Inc.
OTCQB:CCWOD
|
0.166x |
|
PLM
WAR:PLM
|
N/A |
|
UCM RESITA S.A.
RO:UCM
|
0.000x |
|
Caerus Mineral Resources PLC
LSE:CMRS
|
-1.391x |
|
Oracle Coalfields Plc
LSE:ORCP
|
-0.043x |
|
Noranda Aluminum Holding Corp
PINK:NORNQ
|
0.041x |
|
TRULY INTL HLDGS
MU:TYU2
|
N/A |
|
REDRF
OTCQB:REDRF
|
-0.022x |
Annual Cash Flow Conversion Efficiency for Diamond Holdings Inc (2016–2020)
The table below shows the annual cash flow conversion efficiency of Diamond Holdings Inc from 2016 to 2020.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2020-10-31 | $791.08K | $-76.77K | -0.097x | +88.58% |
| 2019-10-31 | $154.58K | $-131.35K | -0.850x | -183.12% |
| 2018-10-31 | $-7.01K | $-7.16K | 1.022x | +155.60% |
| 2017-10-31 | $14.29K | $-26.27K | -1.839x | -367613.95% |
| 2016-10-31 | $2.88K | $-1.44 | -0.001x | -- |