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) by net assets (CA$461.71K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Pelangio Exploration Inc - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Pelangio Exploration Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Pelangio Exploration Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pelangio Exploration Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Qinetiq Group PLC
LSE:QQ
|
0.247x |
|
Italian-Thai Development Public Company Limited
F:NYVF
|
0.042x |
|
ALVIR
PA:ALVIR
|
N/A |
|
Chun Zu Machinery Industry Co., Ltd.
TWO:4544
|
0.057x |
|
Catcha Digital Bhd
KLSE:0173
|
0.064x |
|
Loyal Metals Ltd
AU:LLM
|
-0.034x |
|
EPB Group Berhad
KLSE:0317
|
0.094x |
|
D P Wires Limited
NSE:DPWIRES
|
0.208x |
Annual Cash Flow Conversion Efficiency for Pelangio Exploration Inc (2007–2024)
The table below shows the annual cash flow conversion efficiency of Pelangio Exploration Inc from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-478.40K | CA$-908.22K | 1.898x | +69.35% |
| 2023-12-31 | CA$-632.41K | CA$-708.95K | 1.121x | +138.44% |
| 2022-12-31 | CA$380.66K | CA$-1.11 Million | -2.916x | +44.48% |
| 2021-12-31 | CA$485.55K | CA$-2.55 Million | -5.253x | -393.94% |
| 2020-12-31 | CA$1.75 Million | CA$-1.86 Million | -1.063x | +94.69% |
| 2019-12-31 | CA$74.23K | CA$-1.49 Million | -20.031x | -764.33% |
| 2018-12-31 | CA$505.95K | CA$-1.17 Million | -2.318x | +97.30% |
| 2017-12-31 | CA$7.15K | CA$-613.73K | -85.884x | -6046.66% |
| 2016-12-31 | CA$-334.64K | CA$-483.30K | 1.444x | +130.43% |
| 2015-12-31 | CA$120.61K | CA$-572.38K | -4.746x | -118.95% |
| 2014-12-31 | CA$-53.28K | CA$-1.33 Million | 25.041x | +142613.59% |
| 2013-12-31 | CA$43.52 Million | CA$-764.74K | -0.018x | +55.39% |
| 2012-12-31 | CA$44.29 Million | CA$-1.74 Million | -0.039x | +19.51% |
| 2011-12-31 | CA$46.36 Million | CA$-2.27 Million | -0.049x | +23.59% |
| 2010-12-31 | CA$33.98 Million | CA$-2.18 Million | -0.064x | -14.05% |
| 2009-12-31 | CA$35.41 Million | CA$-1.99 Million | -0.056x | -177.83% |
| 2008-12-31 | CA$23.10 Million | CA$-466.88K | -0.020x | +41.44% |
| 2007-12-31 | CA$23.54 Million | CA$-812.38K | -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.