Ascendant Resources Inc Cash Flow Conversion Efficiency

Latest as of December 2024: 0.017x

Ascendant Resources Inc cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Ascendant Resources Inc from 2008 to 2024. This chart illustrates how Ascendant Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View ASND live share price for real-time trading data and today's change.

Ascendant Resources Inc Cash Flow Conversion Ratio Explained

Ascendant Resources Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Ascendant Resources Inc market cap and net worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Lakeside Holding Limited NASDAQ:LSH	0.003x
ShreeOswal Seeds And Chemicals Limited NSE:OSWALSEEDS	0.007x
Lovable Lingerie Limited NSE:LOVABLE	0.012x
Guideline Geo AB (publ) ST:GGEO	0.072x
Moonpig Group PLC LSE:MOON	-0.276x
Mode Tour Real Estate Investment Trust Inc KO:204210	0.024x
eEducation Albert AB ST:ALBERT	0.534x
Patria Private Equity Trust LSE:PPET	-0.001x

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. Review Ascendant Resources Inc free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

#26722 Global

#1087 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