McChip Resources Inc
McChip Resources Inc. operates in the natural resource industry in Canada. The company invests in petroleum interests; and direct and indirect interests in minerals. It also holds interest in the Saskatchewan Potash project located in the province of Saskatchewan. The company was formerly known as Madsen Red Lake Gold Mines Limited and changed its name to McChip Resources Inc. in May 1981. The co… Read more
McChip Resources Inc (MCCHF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.099x
Based on the latest financial reports, McChip Resources Inc (MCCHF) has a cash flow conversion efficiency ratio of -0.099x 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 ($-1.46 Million) by net assets ($14.79 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
McChip Resources Inc - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how McChip 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.
McChip Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of McChip Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PENTAL LTD
F:81B
|
N/A |
|
Black Widow Resources Inc
V:BWR
|
0.017x |
|
Mlabs Systems Bhd
KLSE:0085
|
-0.346x |
|
AGILENT TECH (AG8.SG)
STU:AG8
|
0.077x |
|
London City Equities Ltd
AU:LCE
|
-0.136x |
|
PRYSMIAN (AEU.SG)
STU:AEU
|
0.096x |
|
Ozop Surgical Corp
PINK:OZSC
|
0.013x |
|
PT Kusuma Kemindo Sentosa Tbk
JK:KKES
|
-0.310x |
Annual Cash Flow Conversion Efficiency for McChip Resources Inc (2000–2024)
The table below shows the annual cash flow conversion efficiency of McChip Resources Inc from 2000 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $10.68 Million | $208.80K | 0.020x | +208.19% |
| 2023-12-31 | $8.25 Million | $-149.10K | -0.018x | -202.94% |
| 2022-12-31 | $8.03 Million | $140.96K | 0.018x | -7.16% |
| 2021-12-31 | $8.63 Million | $163.23K | 0.019x | +151.81% |
| 2020-12-31 | $7.36 Million | $55.26K | 0.008x | -62.58% |
| 2019-12-31 | $5.66 Million | $113.71K | 0.020x | +172.22% |
| 2018-12-31 | $5.50 Million | $-152.91K | -0.028x | -106.51% |
| 2017-12-31 | $6.40 Million | $2.73 Million | 0.427x | +550.23% |
| 2016-12-31 | $3.40 Million | $-322.33K | -0.095x | -218.33% |
| 2015-12-31 | $2.94 Million | $235.72K | 0.080x | -66.29% |
| 2014-12-31 | $3.20 Million | $761.56K | 0.238x | +695.49% |
| 2013-12-31 | $3.92 Million | $-156.78K | -0.040x | -- |
| 2012-12-31 | $9.27 Million | $0.00 | 0.000x | -- |
| 2011-12-31 | $10.17 Million | $0.00 | 0.000x | -- |
| 2010-12-31 | $12.43 Million | $307.92K | 0.025x | -52.83% |
| 2009-12-31 | $6.52 Million | $342.21K | 0.053x | -73.19% |
| 2008-12-31 | $4.21 Million | $825.12K | 0.196x | +883.89% |
| 2007-12-31 | $24.19 Million | $481.59K | 0.020x | -26.86% |
| 2006-12-31 | $8.22 Million | $223.86K | 0.027x | -70.25% |
| 2005-12-31 | $6.84 Million | $626.07K | 0.091x | -3.15% |
| 2004-12-31 | $3.78 Million | $356.61K | 0.094x | -49.81% |
| 2003-12-31 | $3.58 Million | $673.09K | 0.188x | +189.74% |
| 2002-12-31 | $2.69 Million | $174.86K | 0.065x | -87.51% |
| 2001-12-31 | $1.57 Million | $818.47K | 0.520x | +299.90% |
| 2000-12-31 | $3.39 Million | $440.38K | 0.130x | -- |