X1 Esports and Entertainment Ltd.
Military Metals Corp. engages in the acquisition and exploration of mineral properties. It explores for gold and base metals, zinc, copper, and lead, as well as gold and silver by products. The company holds 100% interest in the Manson Bay Project in thirteen contiguous mineral claims covering an area of 4,293 hectares located in the province of Saskatchewan. The company is based in Vancouver, Ca… Read more
X1 Esports and Entertainment Ltd. (XOEEF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of May 2024: 0.047x
Based on the latest financial reports, X1 Esports and Entertainment Ltd. (XOEEF) has a cash flow conversion efficiency ratio of 0.047x as of May 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 ($-18.04K) by net assets ($-382.58K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
X1 Esports and Entertainment Ltd. - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how X1 Esports and Entertainment Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
X1 Esports and Entertainment Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of X1 Esports and Entertainment Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Destinasi Tirta Nusantara Tbk
JK:PDES
|
0.250x |
|
EFFNETPLATTFORMEN EV1 B
F:Y2Y
|
N/A |
|
TAIZHOU WATER GRP. H YC 1
F:GX5
|
N/A |
|
Minim Inc
NASDAQ:MINM
|
0.736x |
|
ShreeOswal Seeds And Chemicals Limited
NSE:OSWALSEEDS
|
0.007x |
|
Labor Smart Inc
PINK:LTNC
|
-0.026x |
|
Signet Industries Limited
NSE:SIGIND
|
0.045x |
|
YOLO GROUP S.P.A. O.N.
F:X2Y
|
N/A |
Annual Cash Flow Conversion Efficiency for X1 Esports and Entertainment Ltd. (2021–2023)
The table below shows the annual cash flow conversion efficiency of X1 Esports and Entertainment Ltd. from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-08-31 | $-530.18K | $-1.50 Million | 2.821x | +314.81% |
| 2022-08-31 | $2.25 Million | $-2.96 Million | -1.313x | -26.20% |
| 2021-08-31 | $2.00 Million | $-2.08 Million | -1.040x | -- |