Tap Resources Inc
Tap Resources, Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. The company primarily focuses on exploring gold. Its mining exploration project is the Marowijine project located in the Republic of Suriname. The company is based in Paramaribo, Suriname.
Tap Resources Inc (TAPP) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of February 2025: 0.087x
Based on the latest financial reports, Tap Resources Inc (TAPP) has a cash flow conversion efficiency ratio of 0.087x as of February 2025.
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 ($7.18K) by net assets ($82.29K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tap Resources Inc - Cash Flow Conversion Efficiency Trend (2010–2022)
This chart illustrates how Tap 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.
Tap Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tap Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Vodka Brands Corp
PINK:VDKB
|
11.224x |
|
Amcomri Entertainment Inc
PINK:AMNNF
|
-0.398x |
|
D. Boral ARC Acquisition I Corp. Warrant
NASDAQ:BCARW
|
N/A |
|
MEDIGENE N
BE:MDG1
|
-0.361x |
|
GENEL ENERGY
BE:4VL
|
N/A |
|
Hub Power Company Ltd
KAR:HUBC
|
0.095x |
|
S i2i Limited
STU:MZZ1
|
-0.116x |
|
Lendinvest PLC
LSE:LINV
|
0.135x |
Annual Cash Flow Conversion Efficiency for Tap Resources Inc (2010–2022)
The table below shows the annual cash flow conversion efficiency of Tap Resources Inc from 2010 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-11-30 | $167.98K | $-2.21K | -0.013x | +99.32% |
| 2021-11-30 | $-6.49K | $12.58K | -1.938x | -223.92% |
| 2020-11-30 | $-4.04K | $-6.31K | 1.564x | +2391.80% |
| 2013-11-30 | $-165.92K | $-10.41K | 0.063x | +419.56% |
| 2012-11-30 | $-127.68K | $-1.54K | 0.012x | +73.73% |
| 2011-11-30 | $-127.74K | $-888.00 | 0.007x | -97.44% |
| 2010-11-30 | $-108.86K | $-29.54K | 0.271x | -- |