Bullet Exploration Inc
Bullet Exploration Inc. engages in the acquisition and exploration of mineral property assets in Canada. The company primarily explores for copper and gold deposits. It has an option to acquire an 100% interest in the Copper Canyon property which consist of seven claims covering an area of 2,853 hectares located in Nicola Mining Division of the Province of British Columbia; and the Jefferson prop… Read more
Bullet Exploration Inc (AMMO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.020x
Based on the latest financial reports, Bullet Exploration Inc (AMMO) has a cash flow conversion efficiency ratio of -0.020x as of June 2024.
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$-88.53K) by net assets (CA$4.51 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Bullet Exploration Inc - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Bullet Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Bullet Exploration Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Bullet Exploration Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hitechpros
PA:ALHIT
|
0.017x |
|
PT Mitra Pack Tbk
JK:PTMP
|
-0.087x |
|
Mex Polska S.A.
WAR:MEX
|
0.244x |
|
Grounded Lithium Corp.
V:GRD
|
-0.015x |
|
Termorex
WAR:TRR
|
-0.117x |
|
yarrl S.A.
WAR:YRL
|
0.021x |
|
Sumi Indo Kabel Tbk
JK:IKBI
|
0.195x |
|
Ageson Bhd
KLSE:7145
|
0.619x |
Annual Cash Flow Conversion Efficiency for Bullet Exploration Inc (2019–2023)
The table below shows the annual cash flow conversion efficiency of Bullet Exploration Inc from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$1.26 Million | CA$-87.36K | -0.069x | +77.73% |
| 2022-12-31 | CA$422.40K | CA$-131.67K | -0.312x | +45.48% |
| 2021-12-31 | CA$574.36K | CA$-328.38K | -0.572x | -6749.66% |
| 2020-12-31 | CA$-175.39K | CA$-1.51K | 0.009x | +102.60% |
| 2019-12-31 | CA$2.16 Million | CA$-715.45K | -0.331x | -- |