AXMIN Inc. Cash Flow Conversion Efficiency

Latest as of September 2023: -0.008x

AXMIN Inc. 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.

Cash Flow Conversion Efficiency of AXMIN Inc. (2013–2022)

Cash flow conversion efficiency of AXMIN Inc. from 2013 to 2022. This chart illustrates how AXMIN Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for AXMIN Inc. for real-time trading data and today's change.

AXMIN Inc. Cash Flow Conversion Ratio Explained

AXMIN Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

AXMIN Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of AXMIN Inc. ranked by their cash flow conversion efficiency. Also see how much is AXMIN Inc. worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Tijaria Polypipes Limited NSE:TIJARIA	-0.151x
Berto Acquisition Corp. Warrant NASDAQ:TACOW	0.000x
Sonovia Ltd TA:SONO	-1.025x
Lord Resources Ltd AU:LRD	-0.211x
Pantheon Resources LSE:PANR	0.006x
Fimperkasa Utama Tbk PT JK:FIMP	-0.056x
Chinhung International Inc. Pfd. Series 2 KO:002787	-0.027x
Arbuthnot Banking Group Plc LSE:ARBB	0.304x

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. Review cash generation quality of AXMIN Inc. to assess how much free cash flow the company generates relative to operating cash flow.

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.

V:AXM Canada Gold

Market Cap

$1.62 Million

CA$2.25 Million CAD

Market Cap Rank

#30269 Global

#1501 in Canada

Share Price

CA$0.02

Change (1 day)

+0.00%

52-Week Range

CA$0.02 - CA$0.02

All Time High

CA$0.63