Helium Evolution Inc (HEVI) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.018x

Based on the latest financial reports, Helium Evolution Inc (HEVI) has a cash flow conversion efficiency ratio of -0.018x 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$-204.00K ≈ $-147.57K USD) by net assets (CA$11.66 Million ≈ $8.43 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Helium Evolution Inc - Cash Flow Conversion Efficiency Trend (2020–2024)

This chart illustrates how Helium Evolution Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Helium Evolution Inc balance sheet liabilities for a breakdown of total debt and financial obligations.

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
IFS Capital (Thailand) Public Company Limited BK:IFS	-0.004x
Shenzhen Textile Holdings Co Ltd SHE:200045	0.012x
Advance Metals Ltd AU:AVM	-0.131x
Prodigy Public Company Limited BK:PDG	0.022x
U-BX Technology Ltd. Ordinary Shares NASDAQ:UBXG	-0.065x
Carbochim SA RO:CBC	N/A
CLPS Inc NASDAQ:CLPS	-0.042x
SKY E&M Co. Ltd KQ:131100	0.027x

Annual Cash Flow Conversion Efficiency for Helium Evolution Inc (2020–2024)

The table below shows the annual cash flow conversion efficiency of Helium Evolution Inc from 2020 to 2024. 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
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

$28.30 Million

CA$39.12 Million CAD

Market Cap Rank

#23891 Global

#899 in Canada

Share Price

CA$0.24

Change (1 day)

+0.00%

52-Week Range

CA$0.12 - CA$0.30

All Time High

CA$0.50