Elray Resources Inc
Elray Resources, Inc., a technology company, owns and licenses gaming intellectual property, gaming content, gaming domains, and trademarks in the United States and internationally. It provides marketing tools and CRM systems for online gaming operators. The company is based in Las Vegas, Nevada.
Elray Resources Inc (ELRA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: 0.004x
Based on the latest financial reports, Elray Resources Inc (ELRA) has a cash flow conversion efficiency ratio of 0.004x as of March 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 ($-48.98K) by net assets ($-11.28 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Elray Resources Inc - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Elray Resources 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.
Elray Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Elray Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nykredit Invest Danske aktier Akk
CO:NYIDAA
|
N/A |
|
Sifi CJ Logistic SA
RO:CACU
|
N/A |
|
LAM RESEARCH CORP - Dusseldorf Stock Exchang
DU:LAR
|
0.185x |
|
Bardella SA Industrias Mecanicas
SA:BDLL3
|
0.008x |
|
EVGEN PHARMA PLC LS-0025
F:8EV
|
N/A |
|
HENRY SCHEIN - Dusseldorf Stock Exchang
DU:HS2
|
0.030x |
|
Green Stream Holdings Inc
PINK:GSFI
|
-1.043x |
|
Barratt Redrow plc
LSE:BTRW
|
-0.043x |
Annual Cash Flow Conversion Efficiency for Elray Resources Inc (2008–2024)
The table below shows the annual cash flow conversion efficiency of Elray Resources Inc from 2008 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-8.70 Million | $-18.63K | 0.002x | -67.72% |
| 2023-12-31 | $-15.67 Million | $-103.91K | 0.007x | -35.67% |
| 2022-12-31 | $-15.12 Million | $-155.85K | 0.010x | +9332.15% |
| 2021-12-31 | $-16.56 Million | $1.85K | 0.000x | +67.88% |
| 2020-12-31 | $-15.49 Million | $5.38K | 0.000x | -196.04% |
| 2019-12-31 | $-14.05 Million | $-5.09K | 0.000x | +105.17% |
| 2017-12-31 | $-10.38 Million | $72.67K | -0.007x | -741.81% |
| 2016-12-31 | $-9.87 Million | $8.21K | -0.001x | -101.82% |
| 2015-12-31 | $-10.39 Million | $-476.17K | 0.046x | -70.05% |
| 2014-12-31 | $-7.48 Million | $-1.14 Million | 0.153x | +88.10% |
| 2013-12-31 | $-4.87 Million | $-396.08K | 0.081x | -82.55% |
| 2012-12-31 | $-3.11 Million | $-1.45 Million | 0.466x | +1269.14% |
| 2011-12-31 | $-1.29 Million | $-43.84K | 0.034x | -91.57% |
| 2010-12-31 | $-104.00K | $-42.00K | 0.404x | -96.33% |
| 2009-12-31 | $-19.00K | $-209.00K | 11.000x | +1100.75% |
| 2008-12-31 | $242.00K | $-266.00K | -1.099x | -- |