Erdene Resource Development Corp Cash Flow Conversion Efficiency

Latest as of September 2025: -0.018x

Erdene Resource Development Corp cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Erdene Resource Development Corp from 2002 to 2024. This chart illustrates how Erdene Resource Development Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Erdene Resource Development Corp stock price today for real-time trading data and today's change.

Erdene Resource Development Corp Cash Flow Conversion Ratio Explained

Erdene Resource Development Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Erdene Resource Development Corp market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
High Tide Inc V:HITI	0.043x
Intellian Technologies Inc KQ:189300	-0.015x
Zumiez Inc NASDAQ:ZUMZ	0.018x
Mount Gibson Iron Ltd AU:MGX	-0.028x
Vine Hill Capital Investment Corp. Class A Ordinary Shares NASDAQ:VCIC	0.071x
Shanghai KEN Tools Co Ltd SHE:300126	-0.031x
GULF MARINE SVCS LS -02 F:G0M	N/A
Sino AG XETRA:XTP	0.256x

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. Review Erdene Resource Development Corp (ERD) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.

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

$242.10 Million

CA$334.68 Million CAD

Market Cap Rank

#15582 Global

#466 in Canada

Share Price

CA$5.16

Change (1 day)

+1.78%

52-Week Range

CA$4.69 - CA$9.68

All Time High

CA$10.72