CanaQuest Medical Corp
CanaQuest Medical Corp. develops health products and pharmaceuticals that utilize hemps, cannabis, and algae oils. The company was formerly known as Algae Dynamics Corp. and changed its name to CanaQuest Medical Corp. in January 2019. CanaQuest Medical Corp. was founded in 2008 and is based in Mississauga, Canada.
CanaQuest Medical Corp (CANQF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: -0.007x
Based on the latest financial reports, CanaQuest Medical Corp (CANQF) has a cash flow conversion efficiency ratio of -0.007x as of December 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 ($5.54K) by net assets ($-807.37K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CanaQuest Medical Corp - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how CanaQuest Medical 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.
CanaQuest Medical Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CanaQuest Medical Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Crescent Textile Mills Ltd
KAR:CRTM
|
N/A |
|
NARA KIC Inc.
KQ:007460
|
N/A |
|
INTERNATIONAL ELITE
BE:3IE1
|
N/A |
|
Lexington Gold Ltd
LSE:LEX
|
0.000x |
|
JHS Svendgaard Retail Ventures Limited
NSE:RETAIL
|
N/A |
|
Ekiosk
WAR:EKS
|
N/A |
|
Indus Gas Limited
LSE:INDI
|
0.006x |
|
ATMP3F
SA:ATMP3F
|
N/A |
Annual Cash Flow Conversion Efficiency for CanaQuest Medical Corp (2014–2024)
The table below shows the annual cash flow conversion efficiency of CanaQuest Medical Corp from 2014 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | $-1.11 Million | $-273.23K | 0.247x | -49.05% |
| 2023-03-31 | $-1.01 Million | $-488.00K | 0.485x | +74.35% |
| 2022-03-31 | $-686.74K | $-190.85K | 0.278x | +159.99% |
| 2021-03-31 | $-650.29K | $-69.51K | 0.107x | +56.80% |
| 2020-03-31 | $-504.01K | $-34.36K | 0.068x | +307.43% |
| 2018-03-31 | $-837.93K | $27.54K | -0.033x | -107.73% |
| 2017-03-31 | $-804.69K | $-341.94K | 0.425x | +41.72% |
| 2016-03-31 | $-700.10K | $-209.92K | 0.300x | -10.56% |
| 2015-03-31 | $-751.94K | $-252.08K | 0.335x | -36.26% |
| 2014-03-31 | $-393.80K | $-207.10K | 0.526x | -- |