Victor Mining Industry Group Inc
Victor Mining Industry Group, Inc. does not have significant operations. Previously, it was engaged in the manufacture and assembly of sensors and micro systems. The company, formerly known as Sensor System Solutions Inc. The company was incorporated in 1986 and is based in Carson City, Nevada. Victor Mining Industry Group Inc. operates as a subsidiary of Jinyulong International Holdings Limited.
Victor Mining Industry Group Inc (VMTG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.033x
Based on the latest financial reports, Victor Mining Industry Group Inc (VMTG) has a cash flow conversion efficiency ratio of -0.033x as of June 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 ($42.36K) by net assets ($-1.30 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Victor Mining Industry Group Inc - Cash Flow Conversion Efficiency Trend (2002–2023)
This chart illustrates how Victor Mining Industry Group 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.
Victor Mining Industry Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Victor Mining Industry Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pacific Assets Trust plc
LSE:PAC
|
0.000x |
|
Thalassa Holdings Ltd
LSE:THAL
|
0.016x |
|
MITRA ADIPERKASA (QGI.SG)
STU:QGI
|
N/A |
|
Filinvest REIT Corp
PSE:FILRT
|
0.132x |
|
Integrated Drilling Equipment Holdings Corp
OTCGREY:IRIG
|
0.098x |
|
Hartanah Kenyalang Berhad
KLSE:0359
|
N/A |
|
Madulsima Plantations PLC
CM:MADUN0000
|
N/A |
|
Synrgy Corp
PINK:SNGY
|
-0.013x |
Annual Cash Flow Conversion Efficiency for Victor Mining Industry Group Inc (2002–2023)
The table below shows the annual cash flow conversion efficiency of Victor Mining Industry Group Inc from 2002 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-1.35 Million | $-95.07K | 0.070x | +654.18% |
| 2022-12-31 | $-594.53K | $7.54K | -0.013x | -102.31% |
| 2005-12-31 | $-1.70 Million | $-928.81K | 0.548x | -5.71% |
| 2004-12-31 | $-1.02 Million | $-594.29K | 0.581x | +25.05% |
| 2003-12-31 | $-299.58K | $-139.15K | 0.464x | +115.89% |
| 2002-12-31 | $132.00K | $-385.91K | -2.924x | -- |