Altair Resources Inc
Altair Resources Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. The company explores for gold, cobalt, and nickel deposits. It has an option to acquire 65% interest in the Simon property that consists of 37 unpatented lode claims and 20 patented lode claims located in the state of Nevada, the United States. The company was form… Read more
Altair Resources Inc (AAEEF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.021x
Based on the latest financial reports, Altair Resources Inc (AAEEF) has a cash flow conversion efficiency ratio of 0.021x 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 ($-52.14K) by net assets ($-2.54 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Altair Resources Inc - Cash Flow Conversion Efficiency Trend (1999–2024)
This chart illustrates how Altair 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.
Altair Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Altair Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DENKI KAGAKU KOGYO
DU:DIK
|
N/A |
|
Fidelity Global Income Portfolio
TO:FMPI
|
N/A |
|
LEGACY HOUSING CO DL-001
F:519
|
N/A |
|
UNP
NEO:UNP
|
N/A |
|
GT Capital Holdings Inc Pref B
PSE:GTPPB
|
0.082x |
|
ANA HD
MU:ANCA
|
0.132x |
|
TDBCP
OTCGREY:TDBCP
|
-0.089x |
|
Left Field Capital Corp.
V:LFC-P
|
-0.060x |
Annual Cash Flow Conversion Efficiency for Altair Resources Inc (1999–2024)
The table below shows the annual cash flow conversion efficiency of Altair Resources Inc from 1999 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | $-2.42 Million | $-159.27K | 0.066x | +8.94% |
| 2023-03-31 | $-1.98 Million | $-119.40K | 0.060x | -90.68% |
| 2022-03-31 | $-1.68 Million | $-1.08 Million | 0.647x | +265.23% |
| 2021-03-31 | $-1.21 Million | $-215.01K | 0.177x | +194.77% |
| 2020-03-31 | $-1.22 Million | $-73.16K | 0.060x | -91.87% |
| 2019-03-31 | $-642.29K | $-474.88K | 0.739x | +139.38% |
| 2018-03-31 | $1.04 Million | $-1.95 Million | -1.878x | -682.85% |
| 2017-03-31 | $2.08 Million | $-499.29K | -0.240x | -104.24% |
| 2016-03-31 | $-117.34K | $-664.06K | 5.659x | +35.55% |
| 2015-03-31 | $-117.06K | $-488.75K | 4.175x | +5959.78% |
| 2014-03-31 | $1.90 Million | $-135.69K | -0.071x | +73.42% |
| 2013-03-31 | $2.29 Million | $-614.63K | -0.268x | -55.86% |
| 2012-03-31 | $2.71 Million | $-465.76K | -0.172x | +49.80% |
| 2011-03-31 | $1.98 Million | $-677.18K | -0.343x | -5.88% |
| 2010-03-31 | $739.00K | $-239.12K | -0.324x | -52.59% |
| 2009-03-31 | $2.31 Million | $-490.09K | -0.212x | -251.11% |
| 2008-03-31 | $2.69 Million | $377.99K | 0.140x | +430.60% |
| 2007-03-31 | $1.28 Million | $-54.32K | -0.042x | -16245.03% |
| 2006-03-31 | $350.41K | $-91.00 | 0.000x | -100.10% |
| 2003-03-31 | $-1.37 Million | $-341.57K | 0.250x | -93.04% |
| 2002-03-31 | $-288.26K | $-1.03 Million | 3.590x | +682.75% |
| 2001-03-31 | $1.36 Million | $-838.07K | -0.616x | +30.41% |
| 2000-03-31 | $1.09 Million | $-965.79K | -0.885x | +38.67% |
| 1999-03-31 | $519.85K | $-750.30K | -1.443x | -- |