Auranova Resources Inc. (AURA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Auranova Resources Inc. (AURA) has a cash flow conversion efficiency ratio of 0.574x 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$162.69K) by net assets (CA$283.30K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Auranova Resources Inc. - Cash Flow Conversion Efficiency Trend (2023–2024)
This chart illustrates how Auranova Resources 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.
Auranova Resources Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Auranova Resources Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alla Public Company Limited
BK:ALLA
|
0.049x |
|
Suvo Strategic Minerals Ltd
AU:SUV
|
-0.174x |
|
Hill & Smith Holdings PLC
LSE:HILS
|
0.131x |
|
LeadDesk Oyj
HE:LEADD
|
0.193x |
|
Sewha P&C INC
KQ:252500
|
0.003x |
|
Wolftank Group AG
XETRA:WAH
|
0.201x |
|
Global Masters Fund Ltd
AU:GFL
|
-0.008x |
|
PARKMEAD GROUP LS-015
F:LYK1
|
N/A |
Annual Cash Flow Conversion Efficiency for Auranova Resources Inc. (2023–2024)
The table below shows the annual cash flow conversion efficiency of Auranova Resources Inc. from 2023 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$3.66 Million | CA$-269.88K | -0.074x | -516.33% |
| 2023-12-31 | CA$-122.53K | CA$1.47K | -0.012x | -- |
About Auranova Resources Inc.
Auranova Resources Inc. operates as a mineral exploration company. It focuses on exploring gold, copper, nickel, and other precious and base metals on a mining property. Auranova Resources Inc. was formerly known as 1329293 B.C. Ltd. and changed its name to Auranova Resources Inc. in November 2024. The company was incorporated in 2021 and is based in Vancouver, Canada.