Longhorn Exploration Corp
PureWave Hydrogen Corp., an exploration stage company, engages in the acquisition and exploration of natural hydrogen and mineral properties in Canada and the United States. It primarily explores for hydrogen, copper, and gold deposits, as well as precious metals. The company holds interests in five natural hydrogen lease agreements covering an area of approximately 829.20 acres located in Kansas… Read more
Longhorn Exploration Corp (LEX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of May 2024: -0.077x
Based on the latest financial reports, Longhorn Exploration Corp (LEX) has a cash flow conversion efficiency ratio of -0.077x as of May 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$-55.03K) by net assets (CA$719.33K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Longhorn Exploration Corp - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Longhorn Exploration Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Longhorn Exploration Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Longhorn Exploration Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hammer Fiber Optics Holdings Corp
PINK:HMMR
|
0.230x |
|
Hybrid Financial Services Limited
NSE:HYBRIDFIN
|
0.025x |
|
Radana Bhaskara Finance Tbk
JK:HDFA
|
-0.240x |
|
Jayud Global Logistics Limited Class A Ordinary Shares
NASDAQ:JYD
|
-0.145x |
|
SQX Resources Ltd
AU:SQX
|
0.000x |
|
Rich Goldman Holdings Limited
F:MRU3
|
-0.033x |
|
Archies Limited
NSE:ARCHIES
|
0.015x |
|
Zelira Therapeutics Limited
OTCQB:ZLDAF
|
0.425x |
Annual Cash Flow Conversion Efficiency for Longhorn Exploration Corp (2021–2023)
The table below shows the annual cash flow conversion efficiency of Longhorn Exploration Corp from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-08-31 | CA$585.76K | CA$-78.56K | -0.134x | +42.22% |
| 2022-08-31 | CA$672.32K | CA$-156.06K | -0.232x | -145.19% |
| 2021-08-31 | CA$182.98K | CA$-17.32K | -0.095x | -- |