AXMIN Inc. (AXM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, AXMIN Inc. (AXM) has a cash flow conversion efficiency ratio of -0.008x 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$6.43K ≈ $4.65K USD) by net assets (CA$-834.75K ≈ $-603.84K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see AXMIN Inc. (AXM) market capitalisation for the company's overall valuation and market capitalisation.
AXMIN Inc. - Cash Flow Conversion Efficiency Trend (2013–2022)
This chart illustrates how AXMIN Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
AXMIN Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of AXMIN Inc. ranked by their cash flow conversion efficiency. Explore AXMIN Inc. (AXM) cash earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Crown Place VCT PLC
LSE:CRWN
|
-0.004x |
|
Berto Acquisition Corp. Warrant
NASDAQ:TACOW
|
0.000x |
|
Tenon Medical Inc
NASDAQ:TNON
|
1.582x |
|
Personal Group Holdings PLC
LSE:PGH
|
0.174x |
|
Fimperkasa Utama Tbk PT
JK:FIMP
|
-0.056x |
|
Strategic Minerals Plc
LSE:SML
|
0.045x |
|
Thai Polycons Public Company Limited
BK:TPOLY
|
0.129x |
|
Hopium SAS
PA:ALHPI
|
0.000x |
Annual Cash Flow Conversion Efficiency for AXMIN Inc. (2013–2022)
The table below shows the annual cash flow conversion efficiency of AXMIN Inc. from 2013 to 2022. View current stock price of AXMIN Inc. for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | CA$-522.41K ≈ $-377.90K |
CA$-360.68K ≈ $-260.91K |
0.690x | -57.43% |
| 2021-12-31 | CA$-262.50K ≈ $-189.89K |
CA$-425.71K ≈ $-307.95K |
1.622x | +171.22% |
| 2020-12-31 | CA$272.84K ≈ $197.37K |
CA$-621.25K ≈ $-449.40K |
-2.277x | -680.25% |
| 2019-12-31 | CA$939.56K ≈ $679.66K |
CA$368.70K ≈ $266.71K |
0.392x | +638.55% |
| 2018-12-31 | CA$935.82K ≈ $676.96K |
CA$-68.19K ≈ $-49.33K |
-0.073x | +88.12% |
| 2017-12-31 | CA$-1.22 Million ≈ $-879.30K |
CA$745.57K ≈ $539.34K |
-0.613x | -207.31% |
| 2016-12-31 | CA$-2.44 Million ≈ $-1.76 Million |
CA$486.24K ≈ $351.74K |
-0.200x | -222.11% |
| 2015-12-31 | CA$-2.17 Million ≈ $-1.57 Million |
CA$-355.19K ≈ $-256.94K |
0.163x | -9.56% |
| 2014-12-31 | CA$-2.73 Million ≈ $-1.97 Million |
CA$-492.79K ≈ $-356.48K |
0.181x | -86.65% |
| 2013-12-31 | CA$-2.07 Million ≈ $-1.50 Million |
CA$-2.80 Million ≈ $-2.03 Million |
1.354x | -- |
About AXMIN Inc.
AXMIN Inc., a gold exploration company, engages in the exploration and development of mineral properties in central and West Africa. Its primary asset is the Passendro gold project located in the Central African Republic. AXMIN Inc. is based in Vancouver, Canada.