Altima Resources Ltd
Altima Energy Inc., a junior energy company, engages in the acquisition, exploration and development of petroleum and natural gas in Canada. The company focuses on acquiring undervalued oil and gas assets; and exploiting existing low risk high return asset enhancement. It holds interests in light gravity oil and liquid rich high impact gas targets. The company was formerly known as Altima Resourc… Read more
Altima Resources Ltd (ARSLF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of November 2024: 0.028x
Based on the latest financial reports, Altima Resources Ltd (ARSLF) has a cash flow conversion efficiency ratio of 0.028x as of November 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 ($-299.70K) by net assets ($-10.56 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Altima Resources Ltd - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Altima Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Altima Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Altima Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
VERU INC. DL-01
F:FMW
|
N/A |
|
Christina Lake Cannabis Corp
OTCQB:CLCFF
|
-0.033x |
|
Nation Group (Thailand) PCL
BK:NATION
|
0.259x |
|
K. W. Metal Work Public Company Limited
BK:KWM
|
0.033x |
|
Nutriband Inc. Warrant
NASDAQ:NTRBW
|
-0.155x |
|
Lease IT Public Company Limited
BK:LIT
|
-0.330x |
|
Pontiac Bancorp Inc
PINK:PONT
|
N/A |
|
Vo2 Cap Holding AB
ST:VO2
|
0.070x |
Annual Cash Flow Conversion Efficiency for Altima Resources Ltd (2004–2024)
The table below shows the annual cash flow conversion efficiency of Altima Resources Ltd from 2004 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-02-29 | $-9.83 Million | $-178.98K | 0.018x | -81.83% |
| 2023-02-28 | $-8.47 Million | $-849.57K | 0.100x | +354.10% |
| 2022-02-28 | $-3.74 Million | $-82.55K | 0.022x | +144.49% |
| 2021-02-28 | $-3.47 Million | $172.28K | -0.050x | 0.00% |
| 2020-02-29 | $-3.47 Million | $172.28K | -0.050x | +8.05% |
| 2019-02-28 | $-2.40 Million | $129.36K | -0.054x | -138.68% |
| 2018-02-28 | $-4.31 Million | $-600.97K | 0.140x | +706.26% |
| 2017-02-28 | $-8.50 Million | $-147.13K | 0.017x | +109.37% |
| 2016-02-29 | $7.61 Million | $-1.41 Million | -0.185x | -4859.79% |
| 2015-02-28 | $18.57 Million | $72.04K | 0.004x | +104.59% |
| 2014-02-28 | $19.56 Million | $-1.65 Million | -0.085x | +0.52% |
| 2013-02-28 | $19.12 Million | $-1.63 Million | -0.085x | -19.08% |
| 2012-02-29 | $16.51 Million | $-1.18 Million | -0.071x | -63.31% |
| 2011-02-28 | $16.46 Million | $-719.82K | -0.044x | +42.75% |
| 2010-02-28 | $8.15 Million | $-622.39K | -0.076x | +49.17% |
| 2009-02-28 | $8.67 Million | $-1.30 Million | -0.150x | +66.41% |
| 2008-02-29 | $5.16 Million | $-2.31 Million | -0.447x | -280.10% |
| 2007-02-28 | $3.83 Million | $950.34K | 0.248x | +273.88% |
| 2006-02-28 | $341.98K | $-48.85K | -0.143x | -17.58% |
| 2005-02-28 | $345.80K | $-42.01K | -0.121x | -179.77% |
| 2004-02-29 | $115.15K | $-5.00K | -0.043x | -- |