Handeni Gold Inc
Handeni Gold Inc. does not have significant operations. Previously, it engaged in the acquisition and exploration of mineral properties in the United Republic of Tanzania. The company was formerly known as Douglas Lake Minerals Inc. and changed its name to Handeni Gold Inc. in February 2012. Handeni Gold Inc. was incorporated in 2004 and is based in Cleveland, Ohio.
Handeni Gold Inc (HNDI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of February 2017: 0.097x
Based on the latest financial reports, Handeni Gold Inc (HNDI) has a cash flow conversion efficiency ratio of 0.097x as of February 2017.
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 ($-94.75K) by net assets ($-975.59K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Handeni Gold Inc - Cash Flow Conversion Efficiency Trend (2005–2016)
This chart illustrates how Handeni Gold 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.
Handeni Gold Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Handeni Gold Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
OFS Capital Corporation 7.50% Notes due 2028
NASDAQ:OFSSO
|
N/A |
|
Mydecine Innovations Group Inc
PINK:MYCOF
|
-0.003x |
|
Australian Bond Exchange Holdings Ltd
AU:ABE
|
1.981x |
|
Kure Technologies Inc
OTCGREY:UBSBF
|
0.010x |
|
DELUXE
MU:DL8
|
0.111x |
|
Third Point Investors Limited
PINK:TPNTF
|
-0.004x |
|
Bentley Capital Ltd
AU:BEL
|
-0.088x |
|
Kaival Brands Innovations Group Inc
NASDAQ:KAVL
|
-7.523x |
Annual Cash Flow Conversion Efficiency for Handeni Gold Inc (2005–2016)
The table below shows the annual cash flow conversion efficiency of Handeni Gold Inc from 2005 to 2016.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2016-05-31 | $-741.91K | $-419.26K | 0.565x | -95.77% |
| 2015-05-31 | $-57.03K | $-761.62K | 13.356x | +6226.61% |
| 2014-05-31 | $930.05K | $-202.75K | -0.218x | +72.81% |
| 2013-05-31 | $2.20 Million | $-1.77 Million | -0.802x | +31.64% |
| 2012-05-31 | $4.85 Million | $-5.68 Million | -1.173x | -181.52% |
| 2011-05-31 | $13.30 Million | $-5.54 Million | -0.417x | -376.54% |
| 2010-05-31 | $-1.51 Million | $-226.94K | 0.151x | -95.79% |
| 2009-05-31 | $-1.00 Million | $-3.59 Million | 3.577x | +884.38% |
| 2008-05-31 | $-1.26 Million | $-457.35K | 0.363x | -69.42% |
| 2007-05-31 | $-1.07 Million | $-1.28 Million | 1.188x | +137.08% |
| 2006-05-31 | $80.02K | $-256.44K | -3.205x | -27.97% |
| 2005-05-31 | $163.46K | $-409.32K | -2.504x | -- |