Comet Industries Ltd
Comet Industries Ltd. holds and manages real estate properties and the properties under development in the British Columbia. It is involved in the business of holding mineral properties. It holds a 40% working interest in five crown granted mineral claims comprising the Iron Mask property located in southwest Kamloops, British Columbia. The company was incorporated in 1966 and is based in Vancouv… Read more
Comet Industries Ltd (CMU) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of April 2025: -0.002x
Based on the latest financial reports, Comet Industries Ltd (CMU) has a cash flow conversion efficiency ratio of -0.002x as of April 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$-17.76K) by net assets (CA$9.62 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Comet Industries Ltd - Cash Flow Conversion Efficiency Trend (2014–2025)
This chart illustrates how Comet Industries Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Comet Industries Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Comet Industries Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NINtec Systems Limited
NSE:NINSYS
|
N/A |
|
Sparta Commercial Services Inc
PINK:SRCO
|
0.018x |
|
FAST TRACK GROUP
NASDAQ:FTRK
|
-0.699x |
|
PREMIER1 Lithium Ltd
AU:PLC
|
-0.106x |
|
Nexus Uranium Corp.
F:JA7
|
-0.081x |
|
Wellgistics Health, Inc. Common Stock
NASDAQ:WGRX
|
-0.168x |
|
Redsense Medical AB (publ)
OTCGREY:RDSNF
|
-0.159x |
|
Bulletin Resources Ltd
AU:BNR
|
-0.046x |
Annual Cash Flow Conversion Efficiency for Comet Industries Ltd (2014–2025)
The table below shows the annual cash flow conversion efficiency of Comet Industries Ltd from 2014 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-01-31 | CA$9.67 Million | CA$-1.49 Million | -0.154x | -117.57% |
| 2024-01-31 | CA$10.03 Million | CA$-710.98K | -0.071x | -120.50% |
| 2023-01-31 | CA$1.62 Million | CA$-52.09K | -0.032x | -35.55% |
| 2022-01-31 | CA$1.74 Million | CA$-41.30K | -0.024x | -135.90% |
| 2018-01-31 | CA$977.99K | CA$64.59K | 0.066x | -8.36% |
| 2017-01-31 | CA$978.10K | CA$70.49K | 0.072x | +115.65% |
| 2016-01-31 | CA$945.85K | CA$31.61K | 0.033x | +121.86% |
| 2015-01-31 | CA$285.71K | CA$-43.69K | -0.153x | +80.36% |
| 2014-01-31 | CA$307.34K | CA$-239.26K | -0.778x | -- |