Discovery Minerals
Discovery Minerals Ltd. operates as an acquisition and development company that targets natural resource properties. It focuses on gold mining projects. Discovery Minerals Ltd. was formerly known as Dhanoa Minerals Ltd. and changed its name to Discovery Minerals Ltd. in August 2012. The company was incorporated in 2005 and is based in Reno, Nevada.
Discovery Minerals (DSCR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2022: -0.033x
Based on the latest financial reports, Discovery Minerals (DSCR) has a cash flow conversion efficiency ratio of -0.033x as of September 2022.
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 ($31.71K) by net assets ($-951.73K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Discovery Minerals - Cash Flow Conversion Efficiency Trend (2005–2022)
This chart illustrates how Discovery Minerals's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Discovery Minerals Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Discovery Minerals ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nouveau Life Pharmaceuticals Inc
PINK:NOUV
|
1.521x |
|
Quick-Med Technologies Inc
PINK:QMDT
|
0.009x |
|
Blue Gem Enterprise
PINK:BGEM
|
-1.402x |
|
Proliance International Inc
PINK:PLNTQ
|
0.359x |
|
American Leisure Holdings Inc
PINK:AMLH
|
0.015x |
|
Kunekt Corporation
PINK:KNKT
|
0.087x |
|
CVF Technologies Corporation
PINK:CNVT
|
0.116x |
|
Organic Sales and Marketing Inc
PINK:OGSM
|
0.104x |
Annual Cash Flow Conversion Efficiency for Discovery Minerals (2005–2022)
The table below shows the annual cash flow conversion efficiency of Discovery Minerals from 2005 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-09-30 | $-951.73K | $-75.02K | 0.079x | -81.45% |
| 2021-09-30 | $-695.62K | $-295.65K | 0.425x | +309.88% |
| 2020-09-30 | $-1.65 Million | $-171.21K | 0.104x | -65.32% |
| 2019-09-30 | $-1.45 Million | $-432.93K | 0.299x | -27.72% |
| 2018-09-30 | $-800.37K | $-331.12K | 0.414x | +13.38% |
| 2017-09-30 | $-411.10K | $-150.00K | 0.365x | -5.75% |
| 2016-09-30 | $-248.10K | $-96.05K | 0.387x | +17.38% |
| 2015-09-30 | $-136.67K | $-45.08K | 0.330x | -84.66% |
| 2014-09-30 | $-546.15K | $-1.17 Million | 2.151x | +17.36% |
| 2013-09-30 | $-640.95K | $-1.17 Million | 1.833x | -53.44% |
| 2006-09-30 | $-12.61K | $-49.62K | 3.936x | +1372.59% |
| 2005-09-30 | $47.98K | $-14.84K | -0.309x | -- |