Premium Exploration Inc
Premium Exploration Inc., a mineral exploration company, engages in the exploration and development of precious metal properties primarily in the United States. It principally explores for gold, silver, platinum, palladium, and rhodium. The company holds interests in the Idaho Gold Project covering 398 unpatented claims, 5 patented claims, and 1 state of Idaho Mineral Lease totaling approximately… Read more
Premium Exploration Inc (PMMEF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2014: -0.231x
Based on the latest financial reports, Premium Exploration Inc (PMMEF) has a cash flow conversion efficiency ratio of -0.231x as of September 2014.
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 ($-232.20K) by net assets ($1.00 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Premium Exploration Inc - Cash Flow Conversion Efficiency Trend (2005–2013)
This chart illustrates how Premium Exploration 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.
Premium Exploration Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Premium Exploration Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Millenium Bankshares
PINK:MBVA
|
-1.445x |
|
GBX International Group Inc
PINK:GBXI
|
0.000x |
|
PSH Group Holding Inc
PINK:GLHD
|
0.000x |
|
Haber Inc
PINK:ASPT
|
0.278x |
|
Nilam Resources Inc
PINK:NILA
|
-0.016x |
|
Firemans Contractors
PINK:FRCN
|
0.028x |
|
Heartsoft Inc
PINK:HTSF
|
N/A |
|
Cannabis Strategic Ventures
PINK:NUGS
|
0.269x |
Annual Cash Flow Conversion Efficiency for Premium Exploration Inc (2005–2013)
The table below shows the annual cash flow conversion efficiency of Premium Exploration Inc from 2005 to 2013.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2013-12-31 | $2.46 Million | $-1.31 Million | -0.532x | +45.24% |
| 2012-12-31 | $2.61 Million | $-2.53 Million | -0.971x | +49.38% |
| 2011-12-31 | $4.29 Million | $-8.22 Million | -1.918x | -144.26% |
| 2010-12-31 | $7.62 Million | $-5.99 Million | -0.785x | +54.69% |
| 2009-12-31 | $1.33 Million | $-2.31 Million | -1.733x | +99.97% |
| 2008-12-31 | $420.00 | $-2.78 Million | -6622.752x | -1337743.46% |
| 2007-12-31 | $2.95 Million | $-1.46 Million | -0.495x | +3.25% |
| 2006-12-31 | $1.15 Million | $-590.51K | -0.512x | -209.53% |
| 2005-12-31 | $416.42K | $-68.84K | -0.165x | -- |