Canadian North Resources Inc.
Canadian North Resources Inc. engages in the exploration and development of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, palladium, platinum, gold, silver, and rhodium deposits. Its flagship property is the 100% Ferguson Lake property comprising 10 contiguous mining leases covering an area of 9,686 hectares located in the Kivalliq Region of Nunavut, Can… Read more
Canadian North Resources Inc. (CNRSF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.008x
Based on the latest financial reports, Canadian North Resources Inc. (CNRSF) has a cash flow conversion efficiency ratio of -0.008x as of September 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 ($-325.65K) by net assets ($42.87 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Canadian North Resources Inc. - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Canadian North Resources 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.
Canadian North Resources Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Canadian North Resources Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CombinedX AB
ST:CX
|
-0.001x |
|
Mirae Corporation
KO:025560
|
0.042x |
|
Assems Inc.
KQ:136410
|
0.009x |
|
PT Murni Sadar Tbk
JK:MTMH
|
0.035x |
|
Falcon Power Co Ltd
TW:1516
|
-0.199x |
|
Harbour Link Group Bhd
KLSE:2062
|
0.060x |
|
THERANEXUS EO -25
F:3VG
|
N/A |
|
Tidewater Renewables Ltd
PINK:TDWRF
|
0.060x |
Annual Cash Flow Conversion Efficiency for Canadian North Resources Inc. (2020–2024)
The table below shows the annual cash flow conversion efficiency of Canadian North Resources Inc. from 2020 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $43.36 Million | $-1.38 Million | -0.032x | +48.98% |
| 2023-12-31 | $45.00 Million | $-2.80 Million | -0.062x | -5.92% |
| 2022-12-31 | $31.13 Million | $-1.83 Million | -0.059x | +21.18% |
| 2021-12-31 | $23.04 Million | $-1.72 Million | -0.075x | -19.43% |
| 2020-12-31 | $2.59 Million | $-161.75K | -0.062x | -- |