Helium Evolution Inc (HEVI) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.016x

Based on the latest financial reports, Helium Evolution Inc (HEVI) has a cash flow conversion efficiency ratio of -0.016x as of March 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$-294.00K ≈ $-212.68K USD) by net assets (CA$18.70 Million ≈ $13.53 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Helium Evolution Inc net asset quality index to measure how much of total assets are equity-financed.

Helium Evolution Inc - Cash Flow Conversion Efficiency Trend (2020–2025)

This chart illustrates how Helium Evolution Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HEVI total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Helium Evolution Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Helium Evolution Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
TMK Energy Ltd AU:TMK	-0.030x
Associated Industries China Inc TW:9912	0.069x
Kidoz Inc V:KIDZ	0.061x
PPK Group Ltd AU:PPK	-0.034x
Veris Ltd AU:VRS	0.175x
Smart Logistics Global Limited Ordinary Shares NASDAQ:SLGB	-0.051x
KNW Co. Ltd KQ:105330	0.026x
KR1 PLC LS -0019 F:K4H	N/A

Annual Cash Flow Conversion Efficiency for Helium Evolution Inc (2020–2025)

The table below shows the annual cash flow conversion efficiency of Helium Evolution Inc from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see HEVI market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$19.04 Million ≈ $13.77 Million	CA$-1.23 Million ≈ $-891.21K	-0.065x	+13.94%
2024-12-31	CA$9.70 Million ≈ $7.01 Million	CA$-729.00K ≈ $-527.35K	-0.075x	-133.99%
2023-12-31	CA$10.77 Million ≈ $7.79 Million	CA$-346.00K ≈ $-250.29K	-0.032x	+71.50%
2022-12-31	CA$12.80 Million ≈ $9.26 Million	CA$-1.44 Million ≈ $-1.04 Million	-0.113x	-102.37%
2021-12-31	CA$-104.85K ≈ $-75.84K	CA$-498.00K ≈ $-360.25K	4.750x	+57620.82%
2020-12-31	CA$-275.25K ≈ $-199.11K	CA$-2.27K ≈ $-1.64K	0.008x	--

About Helium Evolution Inc

V:HEVI Canada Oil & Gas E&P

Market Cap

$21.82 Million

CA$30.16 Million CAD

Market Cap Rank

#24770 Global

#952 in Canada

Share Price

CA$0.19

Change (1 day)

+5.71%

52-Week Range

CA$0.12 - CA$0.30

All Time High

CA$0.50