Axelum Resources Corp
Axelum Resources Corp operates in Packaged Foods & Meats.
Axelum Resources Corp (AXLM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.018x
Based on the latest financial reports, Axelum Resources Corp (AXLM) has a cash flow conversion efficiency ratio of -0.018x as of September 2023.
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 (₱-173.75 Million) by net assets (₱9.87 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Axelum Resources Corp - Cash Flow Conversion Efficiency Trend (2017–2022)
This chart illustrates how Axelum 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.
Axelum Resources Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Axelum Resources Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Green Mining Innovation Inc.
V:GMI
|
-0.074x |
|
MDK Acquisition Inc.
V:MDK-P
|
N/A |
|
HYDRACT A/S DK -10
F:8X3
|
N/A |
|
AIQ Ltd
LSE:AIQ
|
0.281x |
|
Broadside Enterprises Inc
PINK:BRSE
|
-0.012x |
|
TPL Properties Ltd
KAR:TPLT
|
N/A |
|
Great Basin Energies Inc
PINK:GBEI
|
N/A |
|
Tri-Star Power Ltd
KAR:TSPL
|
N/A |
Annual Cash Flow Conversion Efficiency for Axelum Resources Corp (2017–2022)
The table below shows the annual cash flow conversion efficiency of Axelum Resources Corp from 2017 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | ₱10.29 Billion | ₱827.01 Million | 0.080x | +346.66% |
| 2021-12-31 | ₱9.19 Billion | ₱165.41 Million | 0.018x | -76.14% |
| 2020-12-31 | ₱8.73 Billion | ₱658.47 Million | 0.075x | -42.45% |
| 2019-12-31 | ₱8.58 Billion | ₱1.12 Billion | 0.131x | -38.03% |
| 2018-12-31 | ₱4.65 Billion | ₱982.87 Million | 0.211x | +179.46% |
| 2017-12-31 | ₱4.31 Billion | ₱326.27 Million | 0.076x | -- |