Gitennes Exploration Inc
Gitennes Exploration Inc., a junior mineral exploration company, acquires, explores for, and advances mineral properties in Canada and Peru. It explores for gold, rare earth, nickel, copper, and silver deposits. The company is based in Vancouver, Canada.
Gitennes Exploration Inc (GIT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.031x
Based on the latest financial reports, Gitennes Exploration Inc (GIT) has a cash flow conversion efficiency ratio of -0.031x as of September 2024.
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$9.99K) by net assets (CA$-317.12K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gitennes Exploration Inc - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how Gitennes Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Gitennes Exploration Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gitennes Exploration Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HESS - Dusseldorf Stock Exchang
DU:AHC
|
0.130x |
|
NRG ENERGY
MU:NRA
|
0.012x |
|
CARLSBERG -B- - Dusseldorf Stock Exchang
DU:CBGB
|
N/A |
|
Companhia Tecidos Santanense Ltda
SA:CTSA3
|
0.074x |
|
Asia Fiber Public Company Limited
BK:AFC
|
0.050x |
|
ProAm Explorations Corp
V:PMX
|
0.370x |
|
Ortivus AB ser. A
ST:ORTI-A
|
-0.529x |
|
Jaxon Mining Inc
PINK:JXMNF
|
0.003x |
Annual Cash Flow Conversion Efficiency for Gitennes Exploration Inc (2013–2023)
The table below shows the annual cash flow conversion efficiency of Gitennes Exploration Inc from 2013 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$-218.71K | CA$-72.05K | 0.329x | +101.68% |
| 2022-12-31 | CA$29.26K | CA$-573.53K | -19.603x | -437.82% |
| 2021-12-31 | CA$593.00K | CA$-2.16 Million | -3.645x | -953.04% |
| 2020-12-31 | CA$871.46K | CA$-301.64K | -0.346x | -110.98% |
| 2019-12-31 | CA$-171.53K | CA$-540.59K | 3.152x | +29.17% |
| 2018-12-31 | CA$-150.44K | CA$-367.05K | 2.440x | +196.44% |
| 2017-12-31 | CA$221.11K | CA$-559.37K | -2.530x | -202.04% |
| 2016-12-31 | CA$-43.80K | CA$-108.60K | 2.479x | +123.92% |
| 2015-12-31 | CA$16.31K | CA$-169.10K | -10.366x | -6633.34% |
| 2014-12-31 | CA$531.86K | CA$84.38K | 0.159x | +121.24% |
| 2013-12-31 | CA$91.22K | CA$-68.12K | -0.747x | -- |