Canada Jetlines Operations Ltd
Canada Jetlines Operations Ltd engages in the operation of a Canadian carrier airline. The company provides air service as a leisure airline, tour operator, and charter operator with flights into destinations in the USA, Mexico, and the Caribbean; and vacation packages. It also uses its fleet to provide corporate customers and brokers charter services, as well as aircraft, crew, maintenance, and … Read more
Canada Jetlines Operations Ltd (CAJTF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 1.378x
Based on the latest financial reports, Canada Jetlines Operations Ltd (CAJTF) has a cash flow conversion efficiency ratio of 1.378x as of March 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 ($-6.26 Million) by net assets ($-4.55 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Canada Jetlines Operations Ltd - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Canada Jetlines Operations 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.
Canada Jetlines Operations Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Canada Jetlines Operations Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MEAL3F
SA:MEAL3F
|
N/A |
|
Banpu PCL
MU:NVAC
|
0.018x |
|
China United Insurance Service Inc
PINK:CUII
|
0.054x |
|
NatBridge Resources Ltd.
PINK:GEGCF
|
0.717x |
|
Pegasus Hotels of Ceylon PLC
CM:PEGN0000
|
N/A |
|
NAIROBI SECURITIES EXCHANGE PLC
XNAI:NSE
|
N/A |
|
Jat Holdings PLC
CM:JATN0000
|
N/A |
|
VCREDIT Holdings Limited
F:5R6
|
N/A |
Annual Cash Flow Conversion Efficiency for Canada Jetlines Operations Ltd (2019–2023)
The table below shows the annual cash flow conversion efficiency of Canada Jetlines Operations Ltd from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-5.71 Million | $2.97 Million | -0.521x | -112.15% |
| 2022-12-31 | $-1.66 Million | $-7.11 Million | 4.285x | +769.62% |
| 2021-12-31 | $4.17 Million | $-2.67 Million | -0.640x | -521.17% |
| 2020-12-31 | $-376.80K | $38.82K | -0.103x | -102.39% |
| 2019-12-31 | $-519.55K | $-2.24 Million | 4.317x | -- |