AM Resources Corp (AMR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, AM Resources Corp (AMR) has a cash flow conversion efficiency ratio of -3.051x as of September 2023. 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$-522.39K ≈ $-377.89K USD) by net assets (CA$171.19K ≈ $123.84K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See AM Resources Corp net asset quality index to measure how much of total assets are equity-financed.
AM Resources Corp - Cash Flow Conversion Efficiency Trend (2016–2022)
This chart illustrates how AM Resources Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of AM Resources Corp to evaluate the quality of earnings relative to operating cash generation.
AM Resources Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of AM Resources Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
XMReality AB
ST:XMR
|
0.069x |
|
Socket Mobile Inc
NASDAQ:SCKT
|
0.099x |
|
Ecora Resources PLC
LSE:ECOR
|
0.005x |
|
SILVER HAMMER MINING CORP
F:7BW0
|
-0.026x |
|
Rochester Resources Ltd
V:RCT
|
-0.031x |
|
Fabric.AI, Inc.
NASDAQ:FABC
|
-0.170x |
|
Nexgel Inc
NASDAQ:NXGL
|
-0.112x |
|
21st Century Management Services Limited
NSE:21STCENMGM
|
-0.595x |
Annual Cash Flow Conversion Efficiency for AM Resources Corp (2016–2022)
The table below shows the annual cash flow conversion efficiency of AM Resources Corp from 2016 to 2022. For the full company profile with market capitalisation and key ratios, see AMR market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | CA$462.09K ≈ $334.27K |
CA$-907.75K ≈ $-656.65K |
-1.964x | +0.99% |
| 2021-12-31 | CA$596.66K ≈ $431.61K |
CA$-1.18 Million ≈ $-856.33K |
-1.984x | -73356.60% |
| 2020-12-31 | CA$1.47 Million ≈ $1.06 Million |
CA$-3.97K ≈ $-2.87K |
-0.003x | +99.40% |
| 2019-12-31 | CA$2.11 Million ≈ $1.52 Million |
CA$-945.08K ≈ $-683.66K |
-0.449x | +35.65% |
| 2018-12-31 | CA$2.63 Million ≈ $1.91 Million |
CA$-1.84 Million ≈ $-1.33 Million |
-0.697x | -191.88% |
| 2017-12-31 | CA$1.20 Million ≈ $870.54K |
CA$-287.45K ≈ $-207.93K |
-0.239x | -97.58% |
| 2016-12-31 | CA$1.58 Million ≈ $1.14 Million |
CA$-190.78K ≈ $-138.01K |
-0.121x | -- |
About AM Resources Corp
AM Resources Corp., together with its subsidiaries, engages in the exploration of coal, hydrocarbons, and gold mining sites in Colombia and Canada. It owns 80% interest in the Mina Luz coal property, which covers an area of 40 hectares located to the southwest of the town of Popayan, Columbia. The company also holds a 60% interest in the Rio Negro asphaltite property that consists of a mining con… Read more