Base Carbon Inc. (BCBN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Base Carbon Inc. (BCBN) has a cash flow conversion efficiency ratio of 0.064x 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 (CA$7.77 Million) by net assets (CA$121.55 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Base Carbon Inc. - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Base Carbon 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.
Base Carbon Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Base Carbon Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nam Kwang Cons
KO:001260
|
-0.101x |
|
City Auto Corp
VN:CTF
|
-0.030x |
|
ETHZilla Corporation
NASDAQ:ETHZ
|
-0.106x |
|
Great Elm Group Inc
NASDAQ:GEG
|
-0.032x |
|
Lion One Metals Limited
V:LIO
|
0.010x |
|
GrowGeneration Corp
NASDAQ:GRWG
|
-0.005x |
|
Ihlas Holding AS
IS:IHLAS
|
-0.030x |
|
S.A.L. Steel Limited
NSE:SALSTEEL
|
0.289x |
Annual Cash Flow Conversion Efficiency for Base Carbon Inc. (2021–2023)
The table below shows the annual cash flow conversion efficiency of Base Carbon Inc. from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$134.69 Million | CA$-7.86 Million | -0.058x | +91.34% |
| 2022-12-31 | CA$43.86 Million | CA$-29.56 Million | -0.674x | -3725.76% |
| 2021-12-31 | CA$52.38 Million | CA$-922.85K | -0.018x | -- |
About Base Carbon Inc.
Base Carbon Inc., together with its subsidiaries, provides capital, development expertise, and management operating resources. It serves projects involved primarily in voluntary carbon markets and broader environmental markets. The company was formerly known as 1287411 B.C. Ltd. and changed its name to Base Carbon Inc. in February 2022. Base Carbon Corp. is based in Toronto, Canada.