First Phosphate Corp.
First Phosphate Corp. operates as a mineral exploration, development, and cleantech company. The company engages in acquiring, exploring, and developing igneous anorthosite rock mineral properties in the Saguenay-Lac-St-Jean Region of Quebec for developing and producing apatite concentrate, magnetite concentrate, and ilmenite concentrate. Its flagship property is Bégin-Lamarche Property in Saguen… Read more
First Phosphate Corp. (FRSPF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of February 2025: -0.152x
Based on the latest financial reports, First Phosphate Corp. (FRSPF) has a cash flow conversion efficiency ratio of -0.152x as of February 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 ($-971.89K) by net assets ($6.39 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
First Phosphate Corp. - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how First Phosphate Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
First Phosphate Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of First Phosphate Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CervoMed Inc.
NASDAQ:CRVO
|
-0.249x |
|
Kobay Tech Bhd
KLSE:6971
|
0.071x |
|
EuroDry Ltd
NASDAQ:EDRY
|
0.050x |
|
Sharp Therapeutics Corp.
V:SHRX
|
N/A |
|
Honyi International Company Limited
TWO:4530
|
N/A |
|
E& Corporation CO. LTD
KQ:066980
|
0.016x |
|
Hexagon Purus ASA
PINK:HPURF
|
-0.139x |
|
XTANT MEDICAL HLDGS
F:XMS
|
N/A |
Annual Cash Flow Conversion Efficiency for First Phosphate Corp. (2020–2025)
The table below shows the annual cash flow conversion efficiency of First Phosphate Corp. from 2020 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-02-28 | $6.39 Million | $-8.32 Million | -1.301x | -227.14% |
| 2024-02-29 | $9.31 Million | $-3.70 Million | -0.398x | +35.20% |
| 2023-02-28 | $5.42 Million | $-3.33 Million | -0.614x | -270.43% |
| 2022-02-28 | $-72.68K | $-26.18K | 0.360x | -94.54% |
| 2021-02-28 | $-8.16K | $-53.82K | 6.595x | +175.70% |
| 2020-02-29 | $-22.50K | $-53.82K | 2.392x | -- |