Azimut Exploration Inc. (AZM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Azimut Exploration Inc. (AZM) has a cash flow conversion efficiency ratio of -0.039x as of November 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$-2.20 Million) by net assets (CA$57.17 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Azimut Exploration Inc. - Cash Flow Conversion Efficiency Trend (2002–2025)
This chart illustrates how Azimut Exploration 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.
Azimut Exploration Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Azimut Exploration Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ASTech Co., Ltd.
KQ:453860
|
-0.018x |
|
Universal Textile Co Ltd
TW:1445
|
0.037x |
|
INTER RAO Lietuva AB
WAR:IRL
|
0.213x |
|
Investigator Resources Limited
F:VOP
|
-0.012x |
|
Sharps Technology Inc
NASDAQ:STSS
|
-0.017x |
|
Zomedica Pharmaceuticals Corp
NYSE MKT:ZOM
|
-0.050x |
|
PyroGenesis Inc
F:8PY1
|
0.382x |
|
Dsr Wire
KO:069730
|
-0.010x |
Annual Cash Flow Conversion Efficiency for Azimut Exploration Inc. (2002–2025)
The table below shows the annual cash flow conversion efficiency of Azimut Exploration Inc. from 2002 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-08-31 | CA$56.51 Million | CA$2.05 Million | 0.036x | +254.86% |
| 2024-08-31 | CA$49.76 Million | CA$508.74K | 0.010x | +160.48% |
| 2023-08-31 | CA$43.53 Million | CA$-735.88K | -0.017x | -145.17% |
| 2022-08-31 | CA$47.18 Million | CA$1.77 Million | 0.037x | +295.99% |
| 2021-08-31 | CA$44.33 Million | CA$-846.53K | -0.019x | +66.88% |
| 2020-08-31 | CA$14.53 Million | CA$-837.72K | -0.058x | -330.28% |
| 2019-08-31 | CA$6.12 Million | CA$153.19K | 0.025x | +143.02% |
| 2018-08-31 | CA$5.86 Million | CA$-340.97K | -0.058x | -34.26% |
| 2017-08-31 | CA$4.64 Million | CA$-201.32K | -0.043x | +38.36% |
| 2016-08-31 | CA$6.28 Million | CA$-441.54K | -0.070x | +41.26% |
| 2015-08-31 | CA$4.23 Million | CA$-505.83K | -0.120x | -112.26% |
| 2014-08-31 | CA$7.48 Million | CA$-421.70K | -0.056x | -85.84% |
| 2013-08-31 | CA$9.60 Million | CA$-291.41K | -0.030x | +62.06% |
| 2012-08-31 | CA$12.47 Million | CA$-997.65K | -0.080x | -138.16% |
| 2011-08-31 | CA$12.30 Million | CA$-413.17K | -0.034x | +73.88% |
| 2010-08-31 | CA$5.31 Million | CA$-682.34K | -0.129x | +78.62% |
| 2009-08-31 | CA$2.60 Million | CA$-1.57 Million | -0.601x | -5558.70% |
| 2008-08-31 | CA$2.83 Million | CA$-30.10K | -0.011x | +94.46% |
| 2007-08-31 | CA$3.22 Million | CA$-618.13K | -0.192x | +49.20% |
| 2006-08-31 | CA$1.10 Million | CA$-415.64K | -0.378x | +6.01% |
| 2005-08-31 | CA$1.20 Million | CA$-484.08K | -0.402x | -3.25% |
| 2004-08-31 | CA$456.39K | CA$-177.67K | -0.389x | -188.62% |
| 2003-08-31 | CA$-243.52K | CA$-106.97K | 0.439x | +2179.85% |
| 2002-08-31 | CA$321.54K | CA$-6.79K | -0.021x | -- |
About Azimut Exploration Inc.
Azimut Exploration Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold, copper, nickel, antimony, and lithium. The company holds 100% interest in its flagship Elmer gold project, covering an area of 34,660 hectares located in the James Bay region. Azimut Exploration Inc. was incorporated in 1986 and is based in Longueuil, Ca… Read more