Erdene Resource Development Corp (ERD) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.018x

Based on the latest financial reports, Erdene Resource Development Corp (ERD) has a cash flow conversion efficiency ratio of -0.018x as of September 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 (CA$-993.48K ≈ $-718.67K USD) by net assets (CA$54.32 Million ≈ $39.30 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Erdene Resource Development Corp (ERD) liquidity interval to measure how many days the company can operate on defensive assets alone.

Erdene Resource Development Corp - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how Erdene Resource Development Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Erdene Resource Development Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Erdene Resource Development Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Bioteque TWO:4107	0.057x
HUA YU LIEN Development Co Ltd TW:1436	-0.040x
Hold-Key Electric Wire & Cable Co Ltd TW:1618	-0.033x
Y.U.D. Yangtze River Investment Industry Co Ltd SHG:600119	-0.060x
Sirca Paints India Limited NSE:SIRCA	0.123x
Socep Constant RO:SOCP	N/A
Platinum Asia Investments Ltd AU:PAI	0.011x
Silicom NASDAQ:SILC	-0.019x

Annual Cash Flow Conversion Efficiency for Erdene Resource Development Corp (2002–2024)

The table below shows the annual cash flow conversion efficiency of Erdene Resource Development Corp from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see Erdene Resource Development Corp stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$62.22 Million ≈ $45.01 Million	CA$-3.30 Million ≈ $-2.38 Million	-0.053x	-52.39%
2023-12-31	CA$58.88 Million ≈ $42.59 Million	CA$-2.05 Million ≈ $-1.48 Million	-0.035x	+65.07%
2022-12-31	CA$51.62 Million ≈ $37.34 Million	CA$-5.14 Million ≈ $-3.72 Million	-0.100x	+13.22%
2021-12-31	CA$45.73 Million ≈ $33.08 Million	CA$-5.24 Million ≈ $-3.79 Million	-0.115x	-123.93%
2020-12-31	CA$42.12 Million ≈ $30.47 Million	CA$-2.16 Million ≈ $-1.56 Million	-0.051x	+35.35%
2019-12-31	CA$19.98 Million ≈ $14.45 Million	CA$-1.58 Million ≈ $-1.14 Million	-0.079x	+43.12%
2018-12-31	CA$17.48 Million ≈ $12.65 Million	CA$-2.44 Million ≈ $-1.76 Million	-0.139x	+20.31%
2017-12-31	CA$14.75 Million ≈ $10.67 Million	CA$-2.58 Million ≈ $-1.87 Million	-0.175x	+76.47%
2016-12-31	CA$4.11 Million ≈ $2.97 Million	CA$-3.05 Million ≈ $-2.21 Million	-0.743x	+1.93%
2015-12-31	CA$2.08 Million ≈ $1.51 Million	CA$-1.58 Million ≈ $-1.14 Million	-0.757x	-261.90%
2014-12-31	CA$10.60 Million ≈ $7.67 Million	CA$-2.22 Million ≈ $-1.60 Million	-0.209x	-0.35%
2013-12-31	CA$11.42 Million ≈ $8.26 Million	CA$-2.38 Million ≈ $-1.72 Million	-0.209x	+48.21%
2012-12-31	CA$12.68 Million ≈ $9.17 Million	CA$-5.10 Million ≈ $-3.69 Million	-0.403x	-217.01%
2011-12-31	CA$40.38 Million ≈ $29.21 Million	CA$-5.13 Million ≈ $-3.71 Million	-0.127x	-83.17%
2010-12-31	CA$49.84 Million ≈ $36.05 Million	CA$-3.46 Million ≈ $-2.50 Million	-0.069x	+0.35%
2009-12-31	CA$52.48 Million ≈ $37.96 Million	CA$-3.65 Million ≈ $-2.64 Million	-0.070x	-54.44%
2008-12-31	CA$54.06 Million ≈ $39.11 Million	CA$-2.44 Million ≈ $-1.76 Million	-0.045x	+26.11%
2007-12-31	CA$40.71 Million ≈ $29.45 Million	CA$-2.48 Million ≈ $-1.80 Million	-0.061x	+46.64%
2006-12-31	CA$30.92 Million ≈ $22.37 Million	CA$-3.53 Million ≈ $-2.56 Million	-0.114x	+84.47%
2005-12-31	CA$6.37 Million ≈ $4.61 Million	CA$-4.69 Million ≈ $-3.39 Million	-0.736x	-67.37%
2004-12-31	CA$9.26 Million ≈ $6.70 Million	CA$-4.07 Million ≈ $-2.94 Million	-0.440x	-204.06%
2003-12-31	CA$4.09 Million ≈ $2.96 Million	CA$-590.77K ≈ $-427.35K	-0.145x	+13.38%
2002-12-31	CA$403.17K ≈ $291.65K	CA$-67.30K ≈ $-48.68K	-0.167x	--

About Erdene Resource Development Corp

TO:ERD Canada Other Industrial Metals & Mining

Market Cap

$254.30 Million

CA$351.55 Million CAD

Market Cap Rank

#15673 Global

#473 in Canada

Share Price

CA$5.42

Change (1 day)

-3.04%

52-Week Range

CA$0.88 - CA$10.72

All Time High

CA$10.72