Quantum Metal Exchange Inc
Quantum Metal Exchange Inc., a holding company with bullion based technology, empowers people and businesses from upstream to downstream of the precious metal industry through technologies and corporate solutions. It facilitates digitized bullion products backed by precious metals through research and development with a supporting corporate university ecosystem that ensures growth and business su… Read more
Quantum Metal Exchange Inc (QMEI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.106x
Based on the latest financial reports, Quantum Metal Exchange Inc (QMEI) has a cash flow conversion efficiency ratio of -0.106x as of June 2023.
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 ($-5.88 Million) by net assets ($55.62 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Quantum Metal Exchange Inc - Cash Flow Conversion Efficiency Trend (2012–2023)
This chart illustrates how Quantum Metal Exchange 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.
Quantum Metal Exchange Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Quantum Metal Exchange Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Optigenex Inc
PINK:OPGX
|
0.037x |
|
Zenovia Digital Exchange Corporation
PINK:ZDEC
|
-0.024x |
|
Livewire Ergogenics
PINK:LVVV
|
-0.119x |
|
New Generation Consumer Group Inc
PINK:NGCG
|
0.351x |
|
PMV Consumer Acquisition Corp
PINK:PMVCW
|
-0.048x |
|
Ultrack Systems Inc
PINK:MJLB
|
-0.006x |
|
Zalemark Holding Co
PINK:ZMRK
|
-0.007x |
|
Sterling Energy Resources Incorporated
PINK:SGER
|
-0.238x |
Annual Cash Flow Conversion Efficiency for Quantum Metal Exchange Inc (2012–2023)
The table below shows the annual cash flow conversion efficiency of Quantum Metal Exchange Inc from 2012 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $55.62 Million | $-22.99 Million | -0.413x | -428.69% |
| 2022-06-30 | $76.12 Million | $9.57 Million | 0.126x | -78.55% |
| 2021-06-30 | $5.29 Million | $3.10 Million | 0.586x | +42.17% |
| 2020-06-30 | $4.14 Million | $1.71 Million | 0.412x | -92.44% |
| 2012-06-30 | $-91.99K | $-502.02K | 5.457x | -- |