Pelangio Exploration Inc (PX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Pelangio Exploration Inc (PX) has a cash flow conversion efficiency ratio of -0.834x 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$-385.20K ≈ $-278.65K USD) by net assets (CA$461.71K ≈ $333.99K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See defensive interval ratio of Pelangio Exploration Inc to measure how many days the company can operate on defensive assets alone.
Pelangio Exploration Inc - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Pelangio Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Pelangio Exploration Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pelangio Exploration Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Broadpeak SA
PA:ALBPK
|
0.056x |
|
Stadlauer Malzfabrik Aktiengesellschaft
VI:STM
|
N/A |
|
Intellinetics Inc
NYSE MKT:INLX
|
0.118x |
|
Dongil Technology Ltd
KQ:032960
|
0.011x |
|
C-Com Satellite Systems Inc.
V:CMI
|
-0.001x |
|
Heramed Ltd
AU:HMD
|
-3.359x |
|
Veto Switchgears And Cables Limited
NSE:VETO
|
0.036x |
|
5TH PLANET GAMES DK -50
F:2HG1
|
-0.012x |
Annual Cash Flow Conversion Efficiency for Pelangio Exploration Inc (2007–2024)
The table below shows the annual cash flow conversion efficiency of Pelangio Exploration Inc from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see PX market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-478.40K ≈ $-346.07K |
CA$-908.22K ≈ $-656.99K |
1.898x | +69.35% |
| 2023-12-31 | CA$-632.41K ≈ $-457.48K |
CA$-708.95K ≈ $-512.84K |
1.121x | +138.44% |
| 2022-12-31 | CA$380.66K ≈ $275.36K |
CA$-1.11 Million ≈ $-803.06K |
-2.916x | +44.48% |
| 2021-12-31 | CA$485.55K ≈ $351.24K |
CA$-2.55 Million ≈ $-1.84 Million |
-5.253x | -393.94% |
| 2020-12-31 | CA$1.75 Million ≈ $1.27 Million |
CA$-1.86 Million ≈ $-1.35 Million |
-1.063x | +94.69% |
| 2019-12-31 | CA$74.23K ≈ $53.70K |
CA$-1.49 Million ≈ $-1.08 Million |
-20.031x | -764.33% |
| 2018-12-31 | CA$505.95K ≈ $366.00K |
CA$-1.17 Million ≈ $-848.22K |
-2.318x | +97.30% |
| 2017-12-31 | CA$7.15K ≈ $5.17K |
CA$-613.73K ≈ $-443.96K |
-85.884x | -6046.66% |
| 2016-12-31 | CA$-334.64K ≈ $-242.08K |
CA$-483.30K ≈ $-349.61K |
1.444x | +130.43% |
| 2015-12-31 | CA$120.61K ≈ $87.25K |
CA$-572.38K ≈ $-414.05K |
-4.746x | -118.95% |
| 2014-12-31 | CA$-53.28K ≈ $-38.54K |
CA$-1.33 Million ≈ $-965.11K |
25.041x | +142613.59% |
| 2013-12-31 | CA$43.52 Million ≈ $31.48 Million |
CA$-764.74K ≈ $-553.20K |
-0.018x | +55.39% |
| 2012-12-31 | CA$44.29 Million ≈ $32.04 Million |
CA$-1.74 Million ≈ $-1.26 Million |
-0.039x | +19.51% |
| 2011-12-31 | CA$46.36 Million ≈ $33.53 Million |
CA$-2.27 Million ≈ $-1.64 Million |
-0.049x | +23.59% |
| 2010-12-31 | CA$33.98 Million ≈ $24.58 Million |
CA$-2.18 Million ≈ $-1.57 Million |
-0.064x | -14.05% |
| 2009-12-31 | CA$35.41 Million ≈ $25.62 Million |
CA$-1.99 Million ≈ $-1.44 Million |
-0.056x | -177.83% |
| 2008-12-31 | CA$23.10 Million ≈ $16.71 Million |
CA$-466.88K ≈ $-337.73K |
-0.020x | +41.44% |
| 2007-12-31 | CA$23.54 Million ≈ $17.03 Million |
CA$-812.38K ≈ $-587.66K |
-0.035x | -- |
About Pelangio Exploration Inc
Pelangio Exploration Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. It holds interests in various gold properties in Canada and Ghana. Pelangio Exploration Inc. was incorporated in 2008 and is based in Toronto, Canada.