Alpha Exploration Ltd
Alpha Exploration Ltd., through its subsidiary, engages in the acquisition, exploration, and development of mineral resource properties in Eritrea. The company explores for gold, copper, silver, and volcanogenic massive sulphide deposits. Its main exploration property is the 100% owned Kerkasha Project consisting four areas of colonial workings and six artisanal gold mining prospects identified c… Read more
Alpha Exploration Ltd (ALEX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.010x
Based on the latest financial reports, Alpha Exploration Ltd (ALEX) has a cash flow conversion efficiency ratio of -0.010x 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$-182.54K) by net assets (CA$17.97 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Alpha Exploration Ltd - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Alpha Exploration 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.
Alpha Exploration Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Alpha Exploration Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alfabs Australia Ltd
AU:AAL
|
0.143x |
|
NatureWise Biotech & Medicals Corporation
TWO:4732
|
-0.009x |
|
First Hydrogen Corp
PINK:FHYDF
|
0.039x |
|
CyberCatch Holdings Inc.
V:CYBE
|
2.671x |
|
Soosung Innovation Co. Ltd.
KQ:084180
|
0.042x |
|
BCWORLD PHARM. Co. Ltd
KQ:200780
|
0.020x |
|
Kleannara
KO:004540
|
0.010x |
|
Greenland Hong Kong Holdings Limited
F:QFRA
|
-0.006x |
Annual Cash Flow Conversion Efficiency for Alpha Exploration Ltd (2020–2024)
The table below shows the annual cash flow conversion efficiency of Alpha Exploration Ltd from 2020 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$15.98 Million | CA$-1.06 Million | -0.066x | -112.21% |
| 2023-12-31 | CA$14.77 Million | CA$-461.02K | -0.031x | +72.93% |
| 2022-12-31 | CA$9.21 Million | CA$-1.06 Million | -0.115x | +11.18% |
| 2021-12-31 | CA$7.30 Million | CA$-948.01K | -0.130x | -832.46% |
| 2020-12-31 | CA$4.99 Million | CA$88.53K | 0.018x | -- |