CARTIER RES
CARTIER RES operates in Diversified Metals & Mining.
CARTIER RES (6CA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.006x
Based on the latest financial reports, CARTIER RES (6CA) has a cash flow conversion efficiency ratio of -0.006x as of June 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 (€-230.05K) by net assets (€41.53 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CARTIER RES - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how CARTIER RES's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
CARTIER RES Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CARTIER RES ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
VINZF
PINK:VINZF
|
N/A |
|
Sunrisemezz PLC
AT:SUNMEZZ
|
N/A |
|
Bullfrog AI Holdings, Inc. Warrants
NASDAQ:BFRGW
|
-0.315x |
|
Mothercare PLC
LSE:MTC
|
0.109x |
|
Xtra Energy Corp
PINK:XTPT
|
-0.180x |
|
LOGISTICS DEV.GRP. LS-01
F:9ES
|
N/A |
|
REAG Investimentos S.A.
SA:REAG3
|
N/A |
|
Hardide PLC
LSE:HDD
|
0.147x |
Annual Cash Flow Conversion Efficiency for CARTIER RES (2016–2023)
The table below shows the annual cash flow conversion efficiency of CARTIER RES from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €42.12 Million | €-1.08 Million | -0.026x | +29.74% |
| 2022-12-31 | €39.51 Million | €-1.44 Million | -0.036x | -21.97% |
| 2021-12-31 | €28.75 Million | €-856.52K | -0.030x | +16.05% |
| 2020-12-31 | €28.01 Million | €-993.83K | -0.035x | -8.15% |
| 2019-12-31 | €22.36 Million | €-733.59K | -0.033x | +33.51% |
| 2018-12-31 | €21.16 Million | €-1.04 Million | -0.049x | -19.42% |
| 2017-12-31 | €25.68 Million | €-1.06 Million | -0.041x | +7.79% |
| 2016-12-31 | €13.16 Million | €-589.67K | -0.045x | -- |