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 -0.037x as of February 2026. 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$-2.54 Million ≈ $-1.83 Million USD) by net assets (CA$68.32 Million ≈ $49.42 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Azimut Exploration Inc. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
KWG Group Holdings Limited
F:KOU
|
0.049x |
|
BranchOut Food Inc. Common Stock
NASDAQ:BOF
|
-0.347x |
|
Vanet Gida Sanayi Ic ve Dis Ticaret AS
IS:VANGD
|
-0.049x |
|
180 Degree Capital Corp
NASDAQ:TURN
|
-0.083x |
|
KESM Industries Bhd
KLSE:9334
|
0.032x |
|
Poh Huat Resources Holdings
KLSE:7088
|
0.049x |
|
Haesung Optics Co. Ltd
KQ:076610
|
0.379x |
|
QTC Energy Public Company Limited
BK:QTC
|
0.104x |
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. For the full company profile with market capitalisation and key ratios, see Azimut Exploration Inc. stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-08-31 | CA$56.51 Million ≈ $40.88 Million |
CA$2.05 Million ≈ $1.48 Million |
0.036x | +254.86% |
| 2024-08-31 | CA$49.76 Million ≈ $36.00 Million |
CA$508.74K ≈ $368.01K |
0.010x | +160.48% |
| 2023-08-31 | CA$43.53 Million ≈ $31.49 Million |
CA$-735.88K ≈ $-532.33K |
-0.017x | -145.17% |
| 2022-08-31 | CA$47.18 Million ≈ $34.13 Million |
CA$1.77 Million ≈ $1.28 Million |
0.037x | +295.99% |
| 2021-08-31 | CA$44.33 Million ≈ $32.07 Million |
CA$-846.53K ≈ $-612.37K |
-0.019x | +66.88% |
| 2020-08-31 | CA$14.53 Million ≈ $10.51 Million |
CA$-837.72K ≈ $-605.99K |
-0.058x | -330.28% |
| 2019-08-31 | CA$6.12 Million ≈ $4.43 Million |
CA$153.19K ≈ $110.82K |
0.025x | +143.02% |
| 2018-08-31 | CA$5.86 Million ≈ $4.24 Million |
CA$-340.97K ≈ $-246.65K |
-0.058x | -34.26% |
| 2017-08-31 | CA$4.64 Million ≈ $3.36 Million |
CA$-201.32K ≈ $-145.63K |
-0.043x | +38.36% |
| 2016-08-31 | CA$6.28 Million ≈ $4.54 Million |
CA$-441.54K ≈ $-319.40K |
-0.070x | +41.26% |
| 2015-08-31 | CA$4.23 Million ≈ $3.06 Million |
CA$-505.83K ≈ $-365.91K |
-0.120x | -112.26% |
| 2014-08-31 | CA$7.48 Million ≈ $5.41 Million |
CA$-421.70K ≈ $-305.05K |
-0.056x | -85.84% |
| 2013-08-31 | CA$9.60 Million ≈ $6.95 Million |
CA$-291.41K ≈ $-210.80K |
-0.030x | +62.06% |
| 2012-08-31 | CA$12.47 Million ≈ $9.02 Million |
CA$-997.65K ≈ $-721.68K |
-0.080x | -138.16% |
| 2011-08-31 | CA$12.30 Million ≈ $8.90 Million |
CA$-413.17K ≈ $-298.88K |
-0.034x | +73.88% |
| 2010-08-31 | CA$5.31 Million ≈ $3.84 Million |
CA$-682.34K ≈ $-493.59K |
-0.129x | +78.62% |
| 2009-08-31 | CA$2.60 Million ≈ $1.88 Million |
CA$-1.57 Million ≈ $-1.13 Million |
-0.601x | -5558.70% |
| 2008-08-31 | CA$2.83 Million ≈ $2.05 Million |
CA$-30.10K ≈ $-21.77K |
-0.011x | +94.46% |
| 2007-08-31 | CA$3.22 Million ≈ $2.33 Million |
CA$-618.13K ≈ $-447.15K |
-0.192x | +49.20% |
| 2006-08-31 | CA$1.10 Million ≈ $795.85K |
CA$-415.64K ≈ $-300.67K |
-0.378x | +6.01% |
| 2005-08-31 | CA$1.20 Million ≈ $871.19K |
CA$-484.08K ≈ $-350.18K |
-0.402x | -3.25% |
| 2004-08-31 | CA$456.39K ≈ $330.15K |
CA$-177.67K ≈ $-128.52K |
-0.389x | -188.62% |
| 2003-08-31 | CA$-243.52K ≈ $-176.16K |
CA$-106.97K ≈ $-77.38K |
0.439x | +2179.85% |
| 2002-08-31 | CA$321.54K ≈ $232.60K |
CA$-6.79K ≈ $-4.91K |
-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