Ascendant Resources Inc (ASND) - Cash Flow Conversion Efficiency

Latest as of December 2024: 0.017x

Based on the latest financial reports, Ascendant Resources Inc (ASND) has a cash flow conversion efficiency ratio of 0.017x 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 (CA$-280.00K ≈ $-202.55K USD) by net assets (CA$-16.09 Million ≈ $-11.64 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See ASND defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Ascendant Resources Inc - Cash Flow Conversion Efficiency Trend (2008–2024)

This chart illustrates how Ascendant Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Ascendant Resources Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ascendant Resources Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Canaf Investments Inc V:CAF	0.037x
Welcron Hantec Co.Ltd KQ:076080	-1.076x
Immolease Trust NV BR:DIEG	N/A
Opus One Resources Inc V:OOR	-0.055x
Elementis PLC LSE:ELM	0.069x
Pool Advista Finance Tbk PT JK:POLA	0.136x
Perak Corporation Bhd KLSE:8346	0.336x
Mode Tour Real Estate Investment Trust Inc KO:204210	0.024x

Annual Cash Flow Conversion Efficiency for Ascendant Resources Inc (2008–2024)

The table below shows the annual cash flow conversion efficiency of Ascendant Resources Inc from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see Ascendant Resources Inc (ASND) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$-16.09 Million ≈ $-11.64 Million	CA$-1.69 Million ≈ $-1.22 Million	0.105x	-48.62%
2023-12-31	CA$-12.75 Million ≈ $-9.23 Million	CA$-2.60 Million ≈ $-1.88 Million	0.204x	-45.73%
2022-12-31	CA$-3.79 Million ≈ $-2.74 Million	CA$-1.42 Million ≈ $-1.03 Million	0.375x	+161.58%
2021-12-31	CA$3.86 Million ≈ $2.79 Million	CA$-2.35 Million ≈ $-1.70 Million	-0.610x	-130.60%
2020-12-31	CA$4.78 Million ≈ $3.45 Million	CA$9.52 Million ≈ $6.88 Million	1.993x	+310.34%
2019-12-31	CA$15.92 Million ≈ $11.52 Million	CA$7.73 Million ≈ $5.59 Million	0.486x	-29.51%
2018-12-31	CA$23.62 Million ≈ $17.09 Million	CA$16.28 Million ≈ $11.77 Million	0.689x	+272.86%
2017-12-31	CA$16.23 Million ≈ $11.74 Million	CA$-6.47 Million ≈ $-4.68 Million	-0.399x	-393.59%
2016-12-31	CA$11.21 Million ≈ $8.11 Million	CA$-905.50K ≈ $-655.02K	-0.081x	-108.71%
2015-12-31	CA$-495.08K ≈ $-358.13K	CA$-459.17K ≈ $-332.15K	0.927x	+679.47%
2014-12-31	CA$-848.91K ≈ $-614.09K	CA$-101.01K ≈ $-73.07K	0.119x	+105.08%
2013-12-31	CA$811.86K ≈ $587.29K	CA$-1.90 Million ≈ $-1.38 Million	-2.344x	-380.28%
2012-12-31	CA$4.87 Million ≈ $3.52 Million	CA$-2.38 Million ≈ $-1.72 Million	-0.488x	-333.01%
2011-12-31	CA$5.70 Million ≈ $4.13 Million	CA$-642.80K ≈ $-464.99K	-0.113x	+45.31%
2010-12-31	CA$1.37 Million ≈ $989.90K	CA$-281.97K ≈ $-203.97K	-0.206x	-78.93%
2009-12-31	CA$177.88K ≈ $128.68K	CA$-20.48K ≈ $-14.82K	-0.115x	-59.51%
2008-12-31	CA$210.59K ≈ $152.33K	CA$-15.20K ≈ $-11.00K	-0.072x	--

About Ascendant Resources Inc

TO:ASND Canada Other Industrial Metals & Mining

Market Cap

$10.80 Million

CA$14.93 Million CAD

Market Cap Rank

#26855 Global

#1122 in Canada

Share Price

CA$0.08

Change (1 day)

+0.00%

52-Week Range

CA$0.08 - CA$0.08

All Time High

CA$1.63