Jaxon Mining Inc (JAX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Jaxon Mining Inc (JAX) has a cash flow conversion efficiency ratio of 0.002x as of October 2023. 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$13.70K ≈ $9.91K USD) by net assets (CA$6.24 Million ≈ $4.51 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 JAX days of operational coverage to measure how many days the company can operate on defensive assets alone.
Jaxon Mining Inc - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Jaxon Mining Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Jaxon Mining Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Jaxon Mining Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mpower Group Ltd
AU:MPR
|
0.069x |
|
The Hydration Pharmaceuticals Company Ltd
AU:HPC
|
-0.606x |
|
Diamcor Mining
V:DMI
|
-0.005x |
|
Value Management & Research AG
F:VMR1
|
0.239x |
|
EDESAL Holding SA
BA:EDLH
|
0.159x |
|
Tracsis Plc
LSE:TRCS
|
0.106x |
|
Insplorion AB
ST:INSP
|
-0.139x |
|
Canada Carbon Inc.
V:CCB
|
0.000x |
Annual Cash Flow Conversion Efficiency for Jaxon Mining Inc (2014–2023)
The table below shows the annual cash flow conversion efficiency of Jaxon Mining Inc from 2014 to 2023. For the full company profile with market capitalisation and key ratios, see market value of Jaxon Mining Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-01-31 | CA$6.62 Million ≈ $4.79 Million |
CA$83.86K ≈ $60.66K |
0.013x | +108.49% |
| 2022-01-31 | CA$7.02 Million ≈ $5.08 Million |
CA$-1.05 Million ≈ $-757.97K |
-0.149x | -57.21% |
| 2021-01-31 | CA$5.21 Million ≈ $3.77 Million |
CA$-494.37K ≈ $-357.62K |
-0.095x | +21.27% |
| 2020-01-31 | CA$5.40 Million ≈ $3.91 Million |
CA$-651.82K ≈ $-471.52K |
-0.121x | +52.51% |
| 2019-01-31 | CA$4.16 Million ≈ $3.01 Million |
CA$-1.06 Million ≈ $-764.96K |
-0.254x | +24.66% |
| 2018-01-31 | CA$5.09 Million ≈ $3.68 Million |
CA$-1.71 Million ≈ $-1.24 Million |
-0.337x | +90.65% |
| 2017-01-31 | CA$89.30K ≈ $64.60K |
CA$-321.94K ≈ $-232.89K |
-3.605x | -801.36% |
| 2016-01-31 | CA$-231.00K ≈ $-167.10K |
CA$-118.74K ≈ $-85.89K |
0.514x | -58.14% |
| 2015-01-31 | CA$-48.34K ≈ $-34.97K |
CA$-59.37K ≈ $-42.95K |
1.228x | +264.50% |
| 2014-01-31 | CA$217.13K ≈ $157.07K |
CA$-162.09K ≈ $-117.25K |
-0.747x | -- |
About Jaxon Mining Inc
Jaxon Mining Inc. operates as a mineral exploration and development company in Canada. The company explores for silver, gold, zinc, copper, and lead deposits. Its flagship projects are the Netalzul Mountain project that comprises of 23 claims covering an area of 130.02 square kilometers located in north of Smithers, British Columbia; and the Red Springs Project, which consists of 19 mineral claim… Read more