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 Alpha Exploration Ltd balance sheet quality to measure how much of total assets are equity-financed.

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. Check earnings quality score of Alpha Exploration Ltd to evaluate the quality of earnings relative to operating cash generation.

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
Nova MSC Bhd KLSE:0026	-0.084x
TREJHARA SOLUTIONS LIMITED NSE:TREJHARA	0.008x
Jet2 PLC LSE:JET2	0.331x
Mao Bao Inc TW:1732	-0.013x
Lien Chang Electronic Enterprise Co Ltd TW:2431	-0.008x
TAEYANG Corporation KQ:053620	0.035x
Cemat A/S CO:CEMAT	0.066x
MERUS POWER OYJ EO 1 F:99H	N/A

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 Alpha Exploration Ltd (ALEX) total market value.

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

$35.13 Million

CA$48.57 Million CAD

Market Cap Rank

#23151 Global

#831 in Canada

Share Price

CA$0.51

Change (1 day)

+10.87%

52-Week Range

CA$0.43 - CA$0.70

All Time High

CA$1.09