Quebec Precious Metals Corporation (QPM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Quebec Precious Metals Corporation (QPM) has a cash flow conversion efficiency ratio of -4.369x as of October 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$-175.33K) by net assets (CA$40.13K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Quebec Precious Metals Corporation - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Quebec Precious Metals Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Quebec Precious Metals Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Quebec Precious Metals Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
White Pine Resources Inc.
V:WPR
|
-0.038x |
|
iMetal Resources Inc
V:IMR
|
-0.062x |
|
Borqs Technologies Inc.
NASDAQ:BRQSF
|
N/A |
|
AlphaGen Intelligence Corp.
F:G4G
|
0.293x |
|
Vendetta Mining Corp
V:VTT
|
-0.004x |
|
BPH Global Ltd
AU:BP8
|
0.413x |
|
Trucknet Enterprise Ltd
TA:TRAN
|
N/A |
|
QTCG PUBLIC COMPANY LIMITED
BK:QTCG
|
N/A |
Annual Cash Flow Conversion Efficiency for Quebec Precious Metals Corporation (2017–2024)
The table below shows the annual cash flow conversion efficiency of Quebec Precious Metals Corporation from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-01-31 | CA$647.37K | CA$-1.27 Million | -1.966x | -77.44% |
| 2023-01-31 | CA$2.18 Million | CA$-2.42 Million | -1.108x | +58.65% |
| 2022-01-31 | CA$2.36 Million | CA$-6.31 Million | -2.679x | -39.28% |
| 2021-01-31 | CA$2.82 Million | CA$-5.43 Million | -1.924x | -138.37% |
| 2020-01-31 | CA$5.29 Million | CA$-4.27 Million | -0.807x | -167.68% |
| 2019-01-31 | CA$12.99 Million | CA$-3.92 Million | -0.302x | -44476.48% |
| 2018-01-31 | CA$3.89 Million | CA$2.64K | 0.001x | +100.20% |
| 2017-01-31 | CA$1.97 Million | CA$-663.79K | -0.336x | -- |
About Quebec Precious Metals Corporation
Quebec Precious Metals Corporation engages in the acquisition, exploration, and development of mining projects in Canada. The company explores for gold and rare earth metals. Quebec Precious Metals Corporation was formerly known as Canada Strategic Metals Inc. and changed its name to Quebec Precious Metals Corporation in June 2018. The company was founded in 1984 and is based in Montreal, Canada.… Read more