Element 29 Resources Inc (ECU) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Element 29 Resources Inc (ECU) has a cash flow conversion efficiency ratio of -0.020x as of September 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$-478.75K ≈ $-346.32K USD) by net assets (CA$23.41 Million ≈ $16.94 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Element 29 Resources Inc - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Element 29 Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read ECU current and long-term liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
D O Green Technologies Bhd
KLSE:7204
|
0.022x |
|
CF Bankshares Inc
NASDAQ:CFBK
|
0.014x |
|
Galectin Therapeutics Inc
NASDAQ:GALT
|
0.028x |
|
Kian Shen Corp
TW:1525
|
-0.021x |
|
Oncosem Onkolojik Sistemler Sanayi ve Ticaret A.S.
IS:ONCSM
|
0.126x |
|
Motisons Jewellers Ltd
NSE:MOTISONS
|
-0.124x |
|
Phu Tai JSC
VN:PTB
|
-0.009x |
|
Cegedim S.A.
PA:CGM
|
0.260x |
Annual Cash Flow Conversion Efficiency for Element 29 Resources Inc (2021–2024)
The table below shows the annual cash flow conversion efficiency of Element 29 Resources Inc from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Element 29 Resources Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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, lead, 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 min… Read more