Alpha Exploration Ltd (ALEX) - Cash Flow Conversion Efficiency
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.
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. Read debt load of Alpha Exploration Ltd for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Barratt Redrow plc
LSE:BTRW
|
-0.043x |
|
Bonia Corporation Bhd
KLSE:9288
|
0.021x |
|
Milae Bioresources Co. Ltd
KQ:218150
|
0.017x |
|
Dogwood Therapeutics, Inc.
NASDAQ:DWTX
|
-0.042x |
|
Korea Circuit Co Ltd
KO:007815
|
-0.013x |
|
Next Bt Co. Ltd
KQ:065170
|
0.056x |
|
Lii Hen Industries Bhd
KLSE:7089
|
0.033x |
|
Bintang Samudera Mandiri Lines Tbk PT
JK:BSML
|
0.055x |
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
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