AXMIN Inc. (AXM) - Cash Flow Conversion Efficiency

Latest as of September 2023: -0.008x

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. See AXM defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Arbuthnot Banking Group Plc LSE:ARBB	0.304x
Berto Acquisition Corp. Warrant NASDAQ:TACOW	0.000x
CYCLIQ Group Ltd AU:CYQ	-4.086x
Ordinary Fully Paid Deferred Settlement AU:CDEDC	N/A
MTI Investment SE ST:MTI	-0.062x
Foxtons Group Plc LSE:FOXT	0.081x
BATHURST METALS CORP. F:J1Q0	-0.113x
Jiuzi Holdings Inc NASDAQ:JZXN	-0.105x

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. For the full company profile with market capitalisation and key ratios, see AXMIN Inc. market capitalisation.

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

#30066 Global

#1533 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