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 ≈ $333.99K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Pelangio Exploration Inc net asset quality index to measure how much of total assets are equity-financed.
Pelangio Exploration Inc - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Pelangio Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check PX cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Pelangio Exploration Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pelangio Exploration Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Muar Ban Lee Group Bhd
KLSE:5152
|
0.017x |
|
Big Yellow Group PLC
LSE:BYG
|
0.022x |
|
Longeveron LLC
NASDAQ:LGVN
|
-0.273x |
|
Allied Industrial Ltd
TWO:4702
|
-0.006x |
|
CKX Lands Inc
NYSE MKT:CKX
|
0.013x |
|
Cliq Digital AG
F:CLIQ
|
0.212x |
|
Promimic AB
ST:PRO
|
-0.024x |
|
YoungWoo DSP Co.Ltd
KQ:143540
|
0.289x |
Annual Cash Flow Conversion Efficiency for Pelangio Exploration Inc (2007–2024)
The table below shows the annual cash flow conversion efficiency of Pelangio Exploration Inc from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see PX company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-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.