Sphere Resources Inc
Sphere Resources Inc. explores and develops mineral properties in Canada and the United States. The company primarily explores for gold deposits. It has option agreements to acquire interests in various properties located in the Red Lake township of Northwestern Ontario, Canada; and the SW Carlin trend Elko, Nevada. The company was formerly known as Mandorin Goldfields Inc. and changed its name t… Read more
Sphere Resources Inc (SPHUF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2014: -0.001x
Based on the latest financial reports, Sphere Resources Inc (SPHUF) has a cash flow conversion efficiency ratio of -0.001x as of September 2014.
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 ($4.91K) by net assets ($-3.42 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sphere Resources Inc - Cash Flow Conversion Efficiency Trend (1997–2013)
This chart illustrates how Sphere Resources 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.
Sphere Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sphere Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
APT Moto Vox Group Inc
PINK:MTVX
|
N/A |
|
Jupiter Marine International Holdings Inc
PINK:JMIH
|
0.596x |
|
Paradigm Oil And Gas
PINK:PDGO
|
-0.013x |
|
Commerce Energy Group Inc
PINK:CMNR
|
-0.612x |
|
Candlewood Hotel Company Inc
PINK:CNDL
|
0.012x |
|
Oncology Pharma Inc
PINK:ONPH
|
-0.002x |
|
V Group Inc
PINK:VGID
|
-0.030x |
|
Davi Luxury Brand Group Inc
PINK:MDAV
|
-0.421x |
Annual Cash Flow Conversion Efficiency for Sphere Resources Inc (1997–2013)
The table below shows the annual cash flow conversion efficiency of Sphere Resources Inc from 1997 to 2013.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2013-12-31 | $-2.73 Million | $-138.34K | 0.051x | -90.88% |
| 2012-12-31 | $-888.08K | $-493.10K | 0.555x | +113.52% |
| 2011-12-31 | $-492.36K | $2.02 Million | -4.107x | -26544.62% |
| 2010-12-31 | $-6.14 Million | $-95.36K | 0.016x | -38.15% |
| 2009-12-31 | $-5.64 Million | $-141.55K | 0.025x | -79.33% |
| 2008-12-31 | $-5.33 Million | $-647.87K | 0.121x | -48.72% |
| 2007-12-31 | $-4.31 Million | $-1.02 Million | 0.237x | -80.00% |
| 2006-12-31 | $-1.04 Million | $-1.24 Million | 1.185x | +124.15% |
| 2005-12-31 | $177.93K | $-872.92K | -4.906x | -786.22% |
| 2004-12-31 | $-747.08K | $-534.11K | 0.715x | -80.82% |
| 2003-12-31 | $-92.29K | $-343.94K | 3.727x | +488.09% |
| 2002-12-31 | $-164.20K | $-104.05K | 0.634x | +116.04% |
| 2001-12-31 | $79.83K | $-315.37K | -3.951x | -146.46% |
| 2000-12-31 | $393.54K | $-630.79K | -1.603x | -279.02% |
| 1999-12-31 | $-371.37K | $-332.52K | 0.895x | +117.24% |
| 1998-12-31 | $99.39K | $-516.33K | -5.195x | -3436.52% |
| 1997-12-31 | $620.67K | $-91.17K | -0.147x | -- |