Element 29 Resources Inc Cash Flow Conversion Efficiency
Element 29 Resources Inc cash flow conversion efficiency. Based on the latest financial reports, Element 29 Resources Inc (ECU) has a cash flow conversion efficiency ratio of -0.008x as of June 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$-447.02K ≈ $-323.37K USD) by net assets (CA$56.92 Million ≈ $41.17 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see ECU company net worth for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Element 29 Resources Inc (2021–2025)
Cash flow conversion efficiency of Element 29 Resources Inc from 2021 to 2025. This chart illustrates how Element 29 Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Element 29 Resources Inc stock quote for real-time trading data and today's change.
Element 29 Resources Inc Cash Flow Conversion Ratio Explained
Element 29 Resources Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Element 29 Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Element 29 Resources Inc ranked by their cash flow conversion efficiency. Review Element 29 Resources Inc financial flexibility index to assess the company's free cash flow relative to its total liabilities.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Matrix Service Co
NASDAQ:MTRX
|
-0.062x |
|
Fujian Yuanxiang New Materials Co. Ltd. A
SHE:301300
|
N/A |
|
Guangxi Bossco Environmental Protection Technology Co Ltd
SHE:300422
|
-0.102x |
|
Odfjell Technology Ltd
OL:OTL
|
0.083x |
|
Global Indemnity Group, LLC Class A Common Stock
NASDAQ:GBLI
|
0.000x |
|
Nh Investment And Securities 1p
KO:005945
|
-0.121x |
|
Moura Dubeux Engenharia S.A
SA:MDNE3
|
-0.029x |
|
VIA Labs Inc
TW:6756
|
0.033x |
Annual Cash Flow Conversion Efficiency for Element 29 Resources Inc (2021–2025)
The table below shows the annual cash flow conversion efficiency of Element 29 Resources Inc from 2021 to 2025. Also see balance sheet size of Element 29 Resources Inc for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$22.87 Million ≈ $16.55 Million |
CA$-1.35 Million ≈ $-977.22K |
-0.059x | +42.29% |
| 2024-12-31 | CA$12.84 Million ≈ $9.29 Million |
CA$-1.31 Million ≈ $-950.64K |
-0.102x | +13.25% |
| 2023-12-31 | CA$15.75 Million ≈ $11.39 Million |
CA$-1.86 Million ≈ $-1.34 Million |
-0.118x | +25.42% |
| 2022-12-31 | CA$14.08 Million ≈ $10.19 Million |
CA$-2.23 Million ≈ $-1.61 Million |
-0.158x | -33.80% |
| 2021-12-31 | CA$17.01 Million ≈ $12.31 Million |
CA$-2.01 Million ≈ $-1.45 Million |
-0.118x | -- |
About Element 29 Resources Inc
Element 29 Resources Inc. engages in the exploration and development of mineral resource properties in Peru. The company explores for copper, molybdenum, gold, silver, and zinc. Its flagship properties are Elida copper project that includes 29 mining concessions covering an area of approximately 19,749 hectares located in the province of Ocros; Flor de Cobre copper project comprising 11 mining co… Read more