CANADA RARE EARTH
CANADA RARE EARTH operates in Diversified Metals & Mining.
CANADA RARE EARTH (P4XA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: -1.635x
Based on the latest financial reports, CANADA RARE EARTH (P4XA) has a cash flow conversion efficiency ratio of -1.635x as of December 2023.
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 (€721.30K) by net assets (€-441.04K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CANADA RARE EARTH - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how CANADA RARE EARTH's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
CANADA RARE EARTH Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CANADA RARE EARTH ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sack Lunch Productions Inc
PINK:SAKL
|
0.017x |
|
ContraFect Corporation
PINK:CFRXQ
|
1.505x |
|
Marcventures Holdings Inc
PSE:MARC
|
0.007x |
|
Hinto Energy Inc
PINK:HENI
|
0.117x |
|
CHAMPION BREWERIES PLC
XNSA:CHAMPION
|
N/A |
|
Energroup Holdings Corp
PINK:ENHD
|
-0.156x |
|
Starwood European Real Estate Finance Ltd
LSE:SWEF
|
0.144x |
|
Greenbrook TMS Inc
PINK:GBNHF
|
0.102x |
Annual Cash Flow Conversion Efficiency for CANADA RARE EARTH (2017–2023)
The table below shows the annual cash flow conversion efficiency of CANADA RARE EARTH from 2017 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-03-31 | €6.13K | €110.78K | 18.072x | +2887.37% |
| 2022-03-31 | €-532.17K | €-321.94K | 0.605x | +50.04% |
| 2021-03-31 | €-183.54K | €-74.00K | 0.403x | -86.42% |
| 2020-03-31 | €-45.95K | €-136.49K | 2.970x | +171.48% |
| 2019-03-31 | €-882.14K | €-965.10K | 1.094x | +1605.20% |
| 2018-03-31 | €-777.00K | €56.48K | -0.073x | +68.27% |
| 2017-03-31 | €1.89 Million | €-432.95K | -0.229x | -- |