Spey Resources Corp
Spey Resources Corp. engages in the acquisition and exploration of mineral property assets in Canada. The company primarily explores for silver and lithium deposits. Its flagship property is the Candela II project located in Province of Salta, Argentina. Spey Resources Corp. is based in Vancouver, Canada.
Spey Resources Corp (SPEYF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2024: -0.019x
Based on the latest financial reports, Spey Resources Corp (SPEYF) has a cash flow conversion efficiency ratio of -0.019x as of August 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 ($-47.52K) by net assets ($2.57 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Spey Resources Corp - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how Spey Resources Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Spey Resources Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Spey Resources Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Graphano Energy Ltd
PINK:GELEF
|
-0.675x |
|
Luokung Technology Corp
NASDAQ:LKCO
|
0.007x |
|
Eat Well Investment Group Inc
PINK:EWGFF
|
-0.006x |
|
EMPYREAN ENERGY LS-002
F:E1E
|
N/A |
|
Solidx AB (publ)
F:6OK
|
-0.002x |
|
Bitterroot Resources Ltd
PINK:BITTF
|
-0.005x |
|
PDZ Holdings Bhd
KLSE:6254
|
0.029x |
|
Nakoda Group of Industries Limited
NSE:NGIL
|
0.019x |
Annual Cash Flow Conversion Efficiency for Spey Resources Corp (2017–2023)
The table below shows the annual cash flow conversion efficiency of Spey Resources Corp from 2017 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-11-30 | $2.99 Million | $-984.60K | -0.329x | +10.73% |
| 2022-11-30 | $7.66 Million | $-2.82 Million | -0.368x | +44.91% |
| 2021-11-30 | $3.77 Million | $-2.52 Million | -0.669x | -35.37% |
| 2020-11-30 | $296.35K | $-146.36K | -0.494x | +67.74% |
| 2019-11-30 | $114.79K | $-175.74K | -1.531x | -155.11% |
| 2018-11-30 | $266.23K | $-159.76K | -0.600x | -3.92% |
| 2017-11-30 | $156.57K | $-90.41K | -0.577x | -- |