Erdene Resource Development Corporation
Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May 2008. Erdene Resource Development Corporation was incorporate… Read more
Erdene Resource Development Corporation (ERDCF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.018x
Based on the latest financial reports, Erdene Resource Development Corporation (ERDCF) has a cash flow conversion efficiency ratio of -0.018x as of September 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 ($-1.00 Million) by net assets ($54.40 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Erdene Resource Development Corporation - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Erdene Resource Development Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Erdene Resource Development Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Erdene Resource Development Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shougang Concord Grand (Group) Limited
F:CGG
|
-0.003x |
|
Vikas Lifecare Limited
NSE:VIKASLIFE
|
0.003x |
|
Louisa Professional Coffee Ltd
TWO:2758
|
0.151x |
|
Optivision Technology
TWO:3666
|
0.002x |
|
Biotoxtech Co. Ltd
KQ:086040
|
-0.010x |
|
PermRock Royalty Trust
NYSE:PRT
|
-0.010x |
|
Space Hellas SA
AT:SPACE
|
-0.583x |
|
EVERFUEL A/S DK -10
F:0HR
|
N/A |
Annual Cash Flow Conversion Efficiency for Erdene Resource Development Corporation (2002–2024)
The table below shows the annual cash flow conversion efficiency of Erdene Resource Development Corporation from 2002 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $62.22 Million | $-3.30 Million | -0.053x | -52.39% |
| 2023-12-31 | $58.88 Million | $-2.05 Million | -0.035x | +65.07% |
| 2022-12-31 | $51.62 Million | $-5.14 Million | -0.100x | +13.22% |
| 2021-12-31 | $45.73 Million | $-5.24 Million | -0.115x | -123.93% |
| 2020-12-31 | $42.12 Million | $-2.16 Million | -0.051x | +35.35% |
| 2019-12-31 | $19.98 Million | $-1.58 Million | -0.079x | +43.12% |
| 2018-12-31 | $17.48 Million | $-2.44 Million | -0.139x | +20.31% |
| 2017-12-31 | $14.75 Million | $-2.58 Million | -0.175x | +76.47% |
| 2016-12-31 | $4.11 Million | $-3.05 Million | -0.743x | +1.93% |
| 2015-12-31 | $2.08 Million | $-1.58 Million | -0.757x | -261.90% |
| 2014-12-31 | $10.60 Million | $-2.22 Million | -0.209x | -0.35% |
| 2013-12-31 | $11.42 Million | $-2.38 Million | -0.209x | +48.21% |
| 2012-12-31 | $12.68 Million | $-5.10 Million | -0.403x | -217.01% |
| 2011-12-31 | $40.38 Million | $-5.13 Million | -0.127x | -83.17% |
| 2010-12-31 | $49.84 Million | $-3.46 Million | -0.069x | +0.35% |
| 2009-12-31 | $52.48 Million | $-3.65 Million | -0.070x | -54.44% |
| 2008-12-31 | $54.06 Million | $-2.44 Million | -0.045x | +26.11% |
| 2007-12-31 | $40.71 Million | $-2.48 Million | -0.061x | +46.64% |
| 2006-12-31 | $30.92 Million | $-3.53 Million | -0.114x | +84.47% |
| 2005-12-31 | $6.37 Million | $-4.69 Million | -0.736x | -67.37% |
| 2004-12-31 | $9.26 Million | $-4.07 Million | -0.440x | -204.06% |
| 2003-12-31 | $4.09 Million | $-590.77K | -0.145x | +13.38% |
| 2002-12-31 | $403.17K | $-67.30K | -0.167x | -- |