Pershing Resources Company Inc
Pershing Resources Company, Inc. explores for and develops precious and base metals in Arizona and Nevada. It primarily explores for gold, copper, and silver deposits. The company focuses on the development of its 100% owned New Enterprise project located in Kingman, Arizona. It also holds interest in other exploration properties located in Arizona and Nevada. The company was formerly known as Xe… Read more
Pershing Resources Company Inc (PSGR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 0.067x
Based on the latest financial reports, Pershing Resources Company Inc (PSGR) has a cash flow conversion efficiency ratio of 0.067x as of December 2024.
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 ($-18.86K) by net assets ($-283.20K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Pershing Resources Company Inc - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Pershing Resources Company 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.
Pershing Resources Company Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pershing Resources Company Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hyper Bit Technologies Ltd.
F:N7S0
|
-1.854x |
|
Aco Group Bhd
KLSE:0218
|
0.069x |
|
Granada Gold Mine Inc
PINK:GBBFF
|
-0.003x |
|
Orissa Bengal Carrier Limited
NSE:OBCL
|
0.014x |
|
Gold Port Corporation
OTCQB:GPOTF
|
-0.057x |
|
Reed's, Inc.
OTCQX:REED
|
-1.023x |
|
First Venture Sweden AB Series B
ST:FIRST-B
|
-0.027x |
|
Tips Films Limited
NSE:TIPSFILMS
|
0.011x |
Annual Cash Flow Conversion Efficiency for Pershing Resources Company Inc (2013–2024)
The table below shows the annual cash flow conversion efficiency of Pershing Resources Company Inc from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-283.20K | $-148.93K | 0.526x | +108.92% |
| 2023-12-31 | $-203.66K | $-51.26K | 0.252x | -98.72% |
| 2022-12-31 | $-18.20K | $-357.20K | 19.624x | +185.76% |
| 2021-12-31 | $23.54K | $-538.70K | -22.884x | -308.17% |
| 2020-12-31 | $111.59K | $-625.61K | -5.606x | -551.61% |
| 2019-12-31 | $576.41K | $-495.94K | -0.860x | -3.17% |
| 2018-12-31 | $640.72K | $-534.33K | -0.834x | -0.75% |
| 2017-12-31 | $222.28K | $-184.00K | -0.828x | -3474.13% |
| 2016-12-31 | $5.52 Million | $-127.85K | -0.023x | +86.42% |
| 2015-12-31 | $532.89K | $-90.89K | -0.171x | -77498.96% |
| 2014-12-31 | $88.77K | $-19.51 | 0.000x | +17.89% |
| 2013-12-31 | $102.25K | $-27.37 | 0.000x | -- |