Red Eagle Mining Corporation
Red Eagle Mining Corporation engages in the exploration and development of mineral properties in Canada and Colombia. The company owns 100% interest in the Santa Rosa Gold Project located in Antioquia, Colombia, as well as holds 100% interests in the Vetas Gold, California Gold, and Santa Ana Silver Projects. Red Eagle Mining Corporation was incorporated in 2010 and is headquartered in Vancouver,… Read more
Red Eagle Mining Corporation (RDEMF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2018: -5.845x
Based on the latest financial reports, Red Eagle Mining Corporation (RDEMF) has a cash flow conversion efficiency ratio of -5.845x as of June 2018.
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 ($-5.82 Million) by net assets ($996.00K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Red Eagle Mining Corporation - Cash Flow Conversion Efficiency Trend (2010–2017)
This chart illustrates how Red Eagle Mining Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Red Eagle Mining Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Red Eagle Mining Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Daewon Cable Co. Ltd.
KQ:006340
|
N/A |
|
Ideanomics Inc
NASDAQ:IDEX
|
0.389x |
|
SANATHAN TEXTILES LIMITED
NSE:SANATHAN
|
0.016x |
|
Hanan Mor
TA:HNMR
|
0.062x |
|
TRICAN WELL SVC (TWZ.SG)
STU:TWZ
|
0.049x |
|
Ridgefield Acquisition Corp
PINK:RDGA
|
0.046x |
|
180 DEGREE CAP. DL-01
F:HH20
|
N/A |
|
CITY OF LON INV
BE:W8T
|
N/A |
Annual Cash Flow Conversion Efficiency for Red Eagle Mining Corporation (2010–2017)
The table below shows the annual cash flow conversion efficiency of Red Eagle Mining Corporation from 2010 to 2017.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2017-12-31 | $75.73 Million | $-11.88 Million | -0.157x | +2.09% |
| 2016-12-31 | $37.47 Million | $-6.01 Million | -0.160x | +7.35% |
| 2015-12-31 | $20.88 Million | $-3.61 Million | -0.173x | -101.71% |
| 2014-12-31 | $-768.30K | $-7.78 Million | 10.127x | +431.92% |
| 2013-12-31 | $3.24 Million | $-9.88 Million | -3.051x | -- |
| 2012-12-31 | $13.45 Million | $0.00 | 0.000x | -- |
| 2011-12-31 | $12.87 Million | $0.00 | 0.000x | -- |
| 2010-12-31 | $6.44 Million | $0.00 | 0.000x | -- |