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 equity to assets ratio to measure how much of total assets are equity-financed.

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. Check earnings quality score of AXMIN Inc. to evaluate the quality of earnings relative to operating cash generation.

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
Crown Place VCT PLC LSE:CRWN	-0.004x
Berto Acquisition Corp. Warrant NASDAQ:TACOW	0.000x
Invinity Energy Systems PLC LSE:IES	-0.083x
CYCLIQ Group Ltd AU:CYQ	-4.086x
Klarsen SA PA:ALKLA	0.061x
Integrated Media Technology Ltd NASDAQ:IMTE	-0.025x
Viver Incorporadora e Construtora S.A SA:VIVR3	-0.166x
Fimperkasa Utama Tbk PT JK:FIMP	-0.056x

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 AXM stock 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

#30212 Global

#1517 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