Torchlight Innovations Inc.
Torchlight Innovations Inc. designs and develops a non-toxic, water-based solution for gold extraction. The company is headquartered in Vancouver, Canada.
Torchlight Innovations Inc. (TLX-P) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: 0.441x
Based on the latest financial reports, Torchlight Innovations Inc. (TLX-P) has a cash flow conversion efficiency ratio of 0.441x as of June 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$17.07K) by net assets (CA$38.68K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Torchlight Innovations Inc. - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how Torchlight Innovations 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.
Torchlight Innovations Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Torchlight Innovations Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ODENZA CORP
NYSE:ODZA
|
0.236x |
|
GAMCO Natural Resources Gold and Income Closed Fund
NYSE:GNT
|
N/A |
|
Jeisys Medical Inc.
KO:287410
|
N/A |
|
Oriental Rise Holdings Limited Ordinary Shares
NASDAQ:ORIS
|
-0.021x |
|
FutureTech II Acquisition Corp. Warrant
NASDAQ:FTIIW
|
-3.681x |
|
Nynomic AG
F:M7U
|
-0.045x |
|
Manulife Canadian Equity Class
TO:MCAN
|
N/A |
|
Pacific Alliance Bank
PINK:PFBN
|
N/A |
Annual Cash Flow Conversion Efficiency for Torchlight Innovations Inc. (2022–2024)
The table below shows the annual cash flow conversion efficiency of Torchlight Innovations Inc. from 2022 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$80.63K | CA$-66.85K | -0.829x | -54.82% |
| 2023-12-31 | CA$135.66K | CA$-72.65K | -0.536x | -208.40% |
| 2022-12-31 | CA$183.94K | CA$-31.94K | -0.174x | -- |