Canadian Spirit Resources Inc
Canadian Spirit Resources Inc., a natural resources company, identifies and develops opportunities in the unconventional natural gas sector in Canada. It primarily develops the Montney Formation natural gas and natural gas liquids resource play in the Farrell Creek Montney area of Northeastern British Columbia. The company was formerly known as Spirit Energy Corp. and changed its name to Canadian… Read more
Canadian Spirit Resources Inc (CSPUF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.030x
Based on the latest financial reports, Canadian Spirit Resources Inc (CSPUF) has a cash flow conversion efficiency ratio of 0.030x as of September 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 ($282.44K) by net assets ($9.54 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Canadian Spirit Resources Inc - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how Canadian Spirit 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.
Canadian Spirit Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Canadian Spirit Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sentient Brands Holdings Inc
NASDAQ:SNBHD
|
0.019x |
|
DigiMax Global Inc
PINK:DBKSF
|
-0.088x |
|
US BANCORP (UB5.SG)
STU:UB5
|
0.016x |
|
TREE.COM
BE:T77
|
0.480x |
|
PCI Biotech Holding ASA
OL:PCIB
|
-0.501x |
|
ELISA - Dusseldorf Stock Exchang
DU:EIA
|
0.156x |
|
SUN HYDRAULICS
BE:SH7
|
0.039x |
|
SeAH Besteel Corp.
KQ:001430
|
N/A |
Annual Cash Flow Conversion Efficiency for Canadian Spirit Resources Inc (2000–2024)
The table below shows the annual cash flow conversion efficiency of Canadian Spirit Resources Inc from 2000 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $26.86 Million | $-1.07 Million | -0.040x | +16.44% |
| 2023-12-31 | $27.65 Million | $-1.32 Million | -0.048x | -31.07% |
| 2022-12-31 | $36.51 Million | $-1.33 Million | -0.036x | -15.04% |
| 2021-12-31 | $36.65 Million | $-1.16 Million | -0.032x | -43.74% |
| 2020-12-31 | $36.05 Million | $-795.35K | -0.022x | +31.37% |
| 2019-12-31 | $36.38 Million | $-1.17 Million | -0.032x | -34.26% |
| 2018-12-31 | $37.75 Million | $-903.96K | -0.024x | -59.40% |
| 2017-12-31 | $43.55 Million | $-654.31K | -0.015x | -28.69% |
| 2016-12-31 | $42.98 Million | $-501.73K | -0.012x | +0.22% |
| 2015-12-31 | $70.89 Million | $-829.32K | -0.012x | -134.79% |
| 2014-12-31 | $71.04 Million | $-354.01K | -0.005x | +23.96% |
| 2013-12-31 | $61.19 Million | $-400.99K | -0.007x | +78.23% |
| 2012-12-31 | $60.50 Million | $-1.82 Million | -0.030x | -92.66% |
| 2011-12-31 | $59.21 Million | $-925.03K | -0.016x | +26.35% |
| 2010-12-31 | $75.64 Million | $-1.60 Million | -0.021x | +30.79% |
| 2009-12-31 | $44.45 Million | $-1.36 Million | -0.031x | +9.06% |
| 2008-12-31 | $46.19 Million | $-1.56 Million | -0.034x | -21.97% |
| 2007-12-31 | $37.68 Million | $-1.04 Million | -0.028x | +2.61% |
| 2006-12-31 | $34.70 Million | $-984.43K | -0.028x | -127.36% |
| 2005-12-31 | $29.03 Million | $-362.22K | -0.012x | +60.46% |
| 2004-12-31 | $18.79 Million | $-593.03K | -0.032x | +75.36% |
| 2003-12-31 | $3.99 Million | $-510.76K | -0.128x | +94.28% |
| 2002-12-31 | $264.13K | $-591.68K | -2.240x | -617.64% |
| 2001-12-31 | $961.07K | $-300.00K | -0.312x | -11810.38% |
| 2000-12-31 | $4.58 Million | $-12.00K | -0.003x | -- |