Quantum Energy Inc
Quantum Energy, Inc. focuses on sourcing and processing rare earth elements, metals, and oxides in the United States. It processes materials into salts and oxides. The company was formerly known as Boomers Cultural Development Inc. and changed its name to Quantum Energy, Inc. in May 2006. Quantum Energy, Inc. was incorporated in 2004 and is based in North Las Vegas, Nevada.
Quantum Energy Inc (QREE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: -4.224x
Based on the latest financial reports, Quantum Energy Inc (QREE) has a cash flow conversion efficiency ratio of -4.224x as of December 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 ($8.66 Million) by net assets ($-2.05 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Quantum Energy Inc - Cash Flow Conversion Efficiency Trend (2004–2023)
This chart illustrates how Quantum Energy 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 Energy Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Quantum Energy Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LAM THAO FERTI
VN:LAS
|
N/A |
|
ICBC-H
MU:ICK
|
0.268x |
|
Momentous Holdings Corp
PINK:MMNT
|
0.000x |
|
B2En Co. Ltd.
KO:307870
|
N/A |
|
Engro Fertilizers Ltd
KAR:EFERT
|
-0.517x |
|
Goodbridge Capital Corp.
V:GODB-P
|
N/A |
|
EDID
VN:SED
|
N/A |
|
US AUTO PARTS NTWRK - Frankfurt Stock Exchang
F:ZZF
|
0.088x |
Annual Cash Flow Conversion Efficiency for Quantum Energy Inc (2004–2023)
The table below shows the annual cash flow conversion efficiency of Quantum Energy Inc from 2004 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-2.05 Million | $-3.44 Million | 1.676x | +23.16% |
| 2022-12-31 | $-2.52 Million | $-3.43 Million | 1.361x | 0.00% |
| 2021-12-31 | $-2.52 Million | $-3.43 Million | 1.361x | +7159.18% |
| 2020-12-31 | $-1.13 Million | $21.79K | -0.019x | -108.52% |
| 2019-12-31 | $-912.68K | $-206.57K | 0.226x | -14.56% |
| 2018-12-31 | $-314.40K | $-83.29K | 0.265x | -78.57% |
| 2017-12-31 | $-142.07K | $-175.61K | 1.236x | +447.94% |
| 2016-12-31 | $716.71K | $-254.62K | -0.355x | -104.13% |
| 2015-12-31 | $-19.28K | $-165.91K | 8.607x | +489.43% |
| 2014-12-31 | $163.22K | $-360.74K | -2.210x | -2966008.82% |
| 2009-12-31 | $-3.38 Million | $-252.00 | 0.000x | -99.71% |
| 2008-12-31 | $-3.24 Million | $-82.98K | 0.026x | -61.40% |
| 2007-12-31 | $-2.65 Million | $-175.69K | 0.066x | -57.27% |
| 2006-12-31 | $-1.43 Million | $-222.16K | 0.155x | -99.12% |
| 2005-12-31 | $-3.51K | $-62.08K | 17.696x | +5978.60% |
| 2004-12-31 | $62.57K | $-18.83K | -0.301x | -- |