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

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. Explore ASND cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
South Ocean Holdings Ltd JSE:SOH	0.293x
Advanced Biomed Inc. Common Stock NASDAQ:ADVB	-0.001x
Multi Prima Sejahtera Tbk JK:LPIN	-0.008x
Lakeside Holding Limited NASDAQ:LSH	0.003x
SSH Group Ltd AU:SSH	0.196x
Mode Tour Real Estate Investment Trust Inc KO:204210	0.024x
Bermas SA RO:BRM	N/A
SIXTY NORTH GOLD MIN.LTD. F:2F40	-0.020x

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. View Ascendant Resources Inc stock quote for real-time trading data and today's change.

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

#26955 Global

#1109 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