Fredonia Mining Inc (FRED) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Fredonia Mining Inc (FRED) has a cash flow conversion efficiency ratio of 0.640x as of June 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$-141.22K ≈ $-102.16K USD) by net assets (CA$-220.63K ≈ $-159.60K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how many days can Fredonia Mining Inc fund operations to measure how many days the company can operate on defensive assets alone.
Fredonia Mining Inc - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Fredonia Mining Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Fredonia Mining Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fredonia Mining Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
T3 Defense Inc.
NYSE:DFNS
|
-0.023x |
|
Audalia Resources Ltd
AU:ACP
|
-0.027x |
|
Fitters Diversified Bhd
KLSE:9318
|
0.027x |
|
Inbest Prime VII Inmuebles SOCIMI S.A.
MC:YINB7
|
0.011x |
|
Forgame Holdings Limited
F:FH0
|
0.001x |
|
Patagonia Lithium Ltd
AU:PL3
|
-0.058x |
|
Delorean Corporation Ltd
AU:DEL
|
-0.423x |
|
Air Industries Group
NYSE MKT:AIRI
|
0.000x |
Annual Cash Flow Conversion Efficiency for Fredonia Mining Inc (2020–2024)
The table below shows the annual cash flow conversion efficiency of Fredonia Mining Inc from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see FRED stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-09-30 | CA$97.19K ≈ $70.31K |
CA$-742.09K ≈ $-536.82K |
-7.636x | -149.78% |
| 2023-09-30 | CA$-147.31K ≈ $-106.56K |
CA$-2.26 Million ≈ $-1.63 Million |
15.338x | +30174.53% |
| 2022-09-30 | CA$8.19 Million ≈ $5.92 Million |
CA$414.74K ≈ $300.02K |
0.051x | +120.70% |
| 2021-09-30 | CA$4.03 Million ≈ $2.92 Million |
CA$-987.11K ≈ $-714.06K |
-0.245x | -107.50% |
| 2020-09-30 | CA$508.60K ≈ $367.91K |
CA$-59.98K ≈ $-43.39K |
-0.118x | -- |
About Fredonia Mining Inc
Fredonia Mining Inc. operates as a mining extraction company in Argentina. The company primarily explores for gold and silver deposits. Its flagship property is the El Dorado-Monserrat Project that consists of various license blocks covering approximately 6,200 hectares located in Santa Cruz Province, Argentina. The company is headquartered in Toronto, Canada.