Vantex Resources Ltd (VAX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Vantex Resources Ltd (VAX) has a cash flow conversion efficiency ratio of -0.172x as of April 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$-42.26K ≈ $-30.57K USD) by net assets (CA$245.12K ≈ $177.31K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See VAX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Vantex Resources Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Vantex Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Vantex Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Vantex Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wyld Networks AB
ST:WYLD
|
-2.557x |
|
Angling Direct PLC
LSE:ANG
|
0.059x |
|
Imperial Ginseng Products Ltd
V:IGP
|
0.105x |
|
Henderson Diversified Income Trust PLC
LSE:HDIV
|
0.000x |
|
Sentient Brands Holdings Inc
NASDAQ:SNBHD
|
0.019x |
|
ORUM
KQ:475830
|
-0.045x |
|
Ontrak Inc
NASDAQ:OTRK
|
-0.586x |
|
PETREL RESOURCES (PQ4.SG)
STU:PQ4
|
0.088x |
Annual Cash Flow Conversion Efficiency for Vantex Resources Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Vantex Resources Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Vantex Resources Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-10-31 | CA$358.75K ≈ $259.52K |
CA$-896.99K ≈ $-648.87K |
-2.500x | -4519.92% |
| 2023-10-31 | CA$883.87K ≈ $639.38K |
CA$-47.84K ≈ $-34.60K |
-0.054x | +78.29% |
| 2022-10-31 | CA$1.25 Million ≈ $904.44K |
CA$-311.65K ≈ $-225.44K |
-0.249x | -48.26% |
| 2021-10-31 | CA$1.40 Million ≈ $1.01 Million |
CA$-235.08K ≈ $-170.05K |
-0.168x | +5.27% |
| 2020-10-31 | CA$1.47 Million ≈ $1.06 Million |
CA$-261.20K ≈ $-188.95K |
-0.177x | -638.39% |
| 2019-10-31 | CA$4.32 Million ≈ $3.12 Million |
CA$-103.78K ≈ $-75.07K |
-0.024x | -596.58% |
| 2018-10-31 | CA$4.51 Million ≈ $3.26 Million |
CA$-15.57K ≈ $-11.26K |
-0.003x | +95.77% |
| 2017-10-31 | CA$5.23 Million ≈ $3.78 Million |
CA$-426.89K ≈ $-308.81K |
-0.082x | +25.25% |
| 2016-10-31 | CA$5.06 Million ≈ $3.66 Million |
CA$-552.67K ≈ $-399.79K |
-0.109x | -255.53% |
| 2015-10-31 | CA$8.24 Million ≈ $5.96 Million |
CA$-253.25K ≈ $-183.20K |
-0.031x | +18.40% |
| 2014-10-31 | CA$7.98 Million ≈ $5.77 Million |
CA$-300.51K ≈ $-217.39K |
-0.038x | +37.85% |
| 2013-10-31 | CA$8.26 Million ≈ $5.97 Million |
CA$-500.29K ≈ $-361.91K |
-0.061x | -- |
About Vantex Resources Ltd
Vantex Resources Ltd. engages in the acquisition, exploration, and development of mining properties in Canada. The company was formerly known as Vantex Oil, Gas and Minerals Ltd. and changed its name to Vantex Resources Ltd. in February 2004. Vantex Resources Ltd. was incorporated in 1987 and is based in Vancouver, Canada.