Alpha Exploration Ltd (ALEX) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-132.05K USD) by net assets (CA$17.97 Million ≈ $13.00 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 ALEX days of operational coverage to measure how many days the company can operate on defensive assets alone.

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.

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
Ibase Gaming TWO:6441	-0.013x
Atende S.A. WAR:ATD	-0.433x
Coastal Corporation Limited NSE:COASTCORP	0.022x
Saeron Auto KO:075180	-0.009x
Aviation Links Ltd TA:AVIA	0.028x
Panjawattana Plastic Public Company Limited BK:PJW	0.123x
NXT Energy Solutions Inc TO:SFD	-0.136x
Terramin Australia Ltd AU:TZN	-0.346x

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. For the full company profile with market capitalisation and key ratios, see ALEX stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$15.98 Million ≈ $11.56 Million	CA$-1.06 Million ≈ $-765.59K	-0.066x	-112.21%
2023-12-31	CA$14.77 Million ≈ $10.68 Million	CA$-461.02K ≈ $-333.50K	-0.031x	+72.93%
2022-12-31	CA$9.21 Million ≈ $6.66 Million	CA$-1.06 Million ≈ $-768.40K	-0.115x	+11.18%
2021-12-31	CA$7.30 Million ≈ $5.28 Million	CA$-948.01K ≈ $-685.78K	-0.130x	-832.46%
2020-12-31	CA$4.99 Million ≈ $3.61 Million	CA$88.53K ≈ $64.04K	0.018x	--

About Alpha Exploration Ltd

V:ALEX Canada Other Precious Metals & Mining

Market Cap

$37.20 Million

CA$51.42 Million CAD

Market Cap Rank

#23053 Global

#845 in Canada

Share Price

CA$0.54

Change (1 day)

-3.57%

52-Week Range

CA$0.46 - CA$0.70

All Time High

CA$1.09