E2Gold Inc Cash Flow Conversion Efficiency
E2Gold Inc cash flow conversion efficiency. Based on the latest financial reports, E2Gold Inc (ETU) has a cash flow conversion efficiency ratio of 0.011x 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$-18.20K ≈ $-13.16K USD) by net assets (CA$-1.61 Million ≈ $-1.17 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of E2Gold Inc (2020–2024)
Cash flow conversion efficiency of E2Gold Inc from 2020 to 2024. This chart illustrates how E2Gold Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for E2Gold Inc for real-time trading data and today's change.
E2Gold Inc Cash Flow Conversion Ratio Explained
E2Gold Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
E2Gold Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of E2Gold Inc ranked by their cash flow conversion efficiency. Also see E2Gold Inc stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Real Messenger Corporation Ordinary Shares
NASDAQ:RMSG
|
-0.084x |
|
MAPSPEOPLE A/S DK-02
F:70R
|
N/A |
|
Kooth plc
LSE:KOO
|
0.316x |
|
Universe Pharmaceuticals Inc
NASDAQ:UPC
|
-0.136x |
|
FINEQIA INTERN. INC. O.N.
F:FNQA
|
0.125x |
|
Portofino Resources Inc
V:POR
|
0.012x |
|
Maison Solutions Inc
NASDAQ:MSS
|
0.205x |
|
Lucibel
PA:ALUCI
|
6.802x |
Annual Cash Flow Conversion Efficiency for E2Gold Inc (2020–2024)
The table below shows the annual cash flow conversion efficiency of E2Gold Inc from 2020 to 2024. Review E2Gold Inc (ETU) flexibility index to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-07-31 | CA$-1.19 Million ≈ $-861.75K |
CA$-892.95K ≈ $-645.95K |
0.750x | -79.13% |
| 2023-07-31 | CA$-825.64K ≈ $-597.26K |
CA$-2.97 Million ≈ $-2.15 Million |
3.592x | +198.58% |
| 2022-07-31 | CA$1.97 Million ≈ $1.43 Million |
CA$-7.19 Million ≈ $-5.20 Million |
-3.644x | -587.55% |
| 2021-07-31 | CA$4.97 Million ≈ $3.59 Million |
CA$-2.63 Million ≈ $-1.90 Million |
-0.530x | +83.10% |
| 2020-07-31 | CA$80.89K ≈ $58.51K |
CA$-253.60K ≈ $-183.45K |
-3.135x | -- |
About E2Gold Inc
E2Gold Inc., a junior exploration company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada. The company explores for gold, precious metals, and other minerals and metals. Its flagship project is the Hawkins Gold Property that consist of 3,310 claims covering an area of approximately 701 square kilometers located in the north central Ontario, Ca… Read more