Cartier Resources Inc
Cartier Resources Inc. engages in the acquisition and exploration of mining properties in Canada. The company explores for gold deposits. Its flagship project is the Cadillac project located to the east of Val-d'Or, Quebec. The company was incorporated in 2006 and is headquartered in Val-D'or, Canada.
Cartier Resources Inc (ECRFF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.000x
Based on the latest financial reports, Cartier Resources Inc (ECRFF) has a cash flow conversion efficiency ratio of 0.000x 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 ($-11.94K) by net assets ($39.36 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cartier Resources Inc - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Cartier 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.
Cartier Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cartier Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nimbus Group AB
ST:BOAT
|
-0.005x |
|
Consolidated Construction Consortium Limited
NSE:CCCL
|
-0.262x |
|
BRAGG GAMING GRP NEW
F:SL4
|
N/A |
|
Dongsin Engineering & Construction
KQ:025950
|
-0.056x |
|
GEOMEGA RES
MU:92G
|
-0.797x |
|
AWILCO LNG NK -10
F:AWQ
|
N/A |
|
Angkor Resources Corp
OTCQB:ANKOF
|
-0.718x |
|
ONUR TEKNOLOJI
IS:ONRYT
|
N/A |
Annual Cash Flow Conversion Efficiency for Cartier Resources Inc (2007–2024)
The table below shows the annual cash flow conversion efficiency of Cartier Resources Inc from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $33.46 Million | $-1.20 Million | -0.036x | -40.72% |
| 2023-12-31 | $42.12 Million | $-1.08 Million | -0.026x | +29.74% |
| 2022-12-31 | $39.51 Million | $-1.44 Million | -0.036x | -21.97% |
| 2021-12-31 | $28.75 Million | $-856.52K | -0.030x | +16.05% |
| 2020-12-31 | $28.01 Million | $-993.83K | -0.035x | -8.15% |
| 2019-12-31 | $22.36 Million | $-733.59K | -0.033x | +33.51% |
| 2018-12-31 | $21.16 Million | $-1.04 Million | -0.049x | -19.42% |
| 2017-12-31 | $25.68 Million | $-1.06 Million | -0.041x | +7.79% |
| 2016-12-31 | $13.16 Million | $-589.67K | -0.045x | +40.04% |
| 2015-12-31 | $8.12 Million | $-607.13K | -0.075x | +13.59% |
| 2014-12-31 | $9.27 Million | $-801.63K | -0.087x | -54.84% |
| 2013-12-31 | $9.89 Million | $-552.39K | -0.056x | +40.07% |
| 2012-12-31 | $10.61 Million | $-989.38K | -0.093x | -9.99% |
| 2011-12-31 | $11.17 Million | $-946.32K | -0.085x | -20.55% |
| 2010-12-31 | $9.95 Million | $-699.63K | -0.070x | -517.56% |
| 2009-12-31 | $5.96 Million | $100.29K | 0.017x | +201.36% |
| 2008-12-31 | $5.50 Million | $-91.38K | -0.017x | +81.43% |
| 2007-12-31 | $5.54 Million | $-495.40K | -0.089x | -- |