Spartan Delta Corp
Spartan Delta Corp. engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. Its assets are located in Duvernay and Deep Basin in Canada. The company was formerly known as Return Energy Inc. and changed its name to Spartan Delta Corp. in May 2020. Spartan Delta Corp. was incorporated in 2006 and is headquartered in Calgary, Canada.
Spartan Delta Corp (DALXF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.089x
Based on the latest financial reports, Spartan Delta Corp (DALXF) has a cash flow conversion efficiency ratio of 0.089x 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 ($54.07 Million) by net assets ($610.05 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Spartan Delta Corp - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how Spartan Delta 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.
Spartan Delta Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Spartan Delta Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hunan Warrant Pharmaceutical Co. Ltd. A
SHG:688799
|
N/A |
|
Talant Optronics (Suzhou) Co. Ltd.
SHE:301045
|
N/A |
|
Yangtze Optical Fibre And Cable Joint Stock Limited Company
PINK:YZOFF
|
0.037x |
|
Asseco Business Solutions S.A.
WAR:ABS
|
0.101x |
|
Hoang Huy Investment Financial
VN:TCH
|
0.067x |
|
Delfi Limited
PINK:PEFDF
|
0.106x |
|
Bohai Ferry Co Ltd
SHG:603167
|
0.073x |
|
OSAKA ORG.CHEM.IND.
F:7YE
|
N/A |
Annual Cash Flow Conversion Efficiency for Spartan Delta Corp (2006–2024)
The table below shows the annual cash flow conversion efficiency of Spartan Delta Corp from 2006 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $471.43 Million | $174.08 Million | 0.369x | -66.64% |
| 2023-12-31 | $429.72 Million | $475.67 Million | 1.107x | +111.10% |
| 2022-12-31 | $1.52 Billion | $795.37 Million | 0.524x | +66.19% |
| 2021-12-31 | $886.65 Million | $279.77 Million | 0.316x | +34.74% |
| 2020-12-31 | $137.54 Million | $32.21 Million | 0.234x | +562.55% |
| 2019-12-31 | $25.64 Million | $-1.30 Million | -0.051x | +92.78% |
| 2018-12-31 | $3.04 Million | $-2.14 Million | -0.701x | -320.89% |
| 2017-12-31 | $5.87 Million | $-978.31K | -0.167x | +51.08% |
| 2016-12-31 | $920.26K | $-313.48K | -0.341x | -103.44% |
| 2015-12-31 | $-82.55K | $-818.21K | 9.912x | +842.44% |
| 2014-12-31 | $490.95K | $-655.47K | -1.335x | -1661.56% |
| 2013-12-31 | $5.09 Million | $435.44K | 0.085x | +381.79% |
| 2012-12-31 | $3.68 Million | $-111.52K | -0.030x | -116.03% |
| 2011-12-31 | $4.03 Million | $762.39K | 0.189x | +460.66% |
| 2010-12-31 | $6.79 Million | $229.16K | 0.034x | -29.16% |
| 2009-12-31 | $9.50 Million | $452.45K | 0.048x | -58.96% |
| 2008-12-31 | $11.97 Million | $1.39 Million | 0.116x | +353.85% |
| 2007-12-31 | $17.37 Million | $-794.46K | -0.046x | -368.68% |
| 2006-12-31 | $14.30 Million | $-139.59K | -0.010x | -- |