Artis Real Estate Investment Trust (AX-UN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Artis Real Estate Investment Trust (AX-UN) has a cash flow conversion efficiency ratio of 0.040x 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 (CA$56.90 Million ≈ $41.16 Million USD) by net assets (CA$1.41 Billion ≈ $1.02 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Artis Real Estate Investment Trust to measure how much of total assets are equity-financed.
Artis Real Estate Investment Trust - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Artis Real Estate Investment Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Artis Real Estate Investment Trust cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Artis Real Estate Investment Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Artis Real Estate Investment Trust ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kelsian Group Ltd
AU:KLS
|
0.087x |
|
WUS Printed Circuit Co Ltd
TW:2316
|
-0.028x |
|
Shenzhen New Nanshan Holding Group Co Ltd
SHE:002314
|
0.063x |
|
Farmers National Banc Corp
NASDAQ:FMNB
|
0.010x |
|
Treasure ASA
OL:TRE
|
0.012x |
|
Shenzhen Baoming Technology Co
SHE:002992
|
0.053x |
|
Beijing SL Pharmaceutical Co Ltd
SHE:002038
|
0.013x |
|
ADLINK Technology Inc
TW:6166
|
0.098x |
Annual Cash Flow Conversion Efficiency for Artis Real Estate Investment Trust (2004–2024)
The table below shows the annual cash flow conversion efficiency of Artis Real Estate Investment Trust from 2004 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Artis Real Estate Investment Trust worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$1.58 Billion ≈ $1.14 Billion |
CA$80.14 Million ≈ $57.97 Million |
0.051x | +8.80% |
| 2023-12-31 | CA$1.72 Billion ≈ $1.24 Billion |
CA$79.96 Million ≈ $57.84 Million |
0.047x | -26.21% |
| 2022-12-31 | CA$2.23 Billion ≈ $1.61 Billion |
CA$140.74 Million ≈ $101.81 Million |
0.063x | -23.36% |
| 2021-12-31 | CA$2.46 Billion ≈ $1.78 Billion |
CA$202.29 Million ≈ $146.33 Million |
0.082x | +9.04% |
| 2020-12-31 | CA$2.33 Billion ≈ $1.69 Billion |
CA$176.33 Million ≈ $127.56 Million |
0.076x | -8.43% |
| 2019-12-31 | CA$2.47 Billion ≈ $1.79 Billion |
CA$203.85 Million ≈ $147.46 Million |
0.083x | +5.70% |
| 2018-12-31 | CA$2.74 Billion ≈ $1.98 Billion |
CA$213.73 Million ≈ $154.61 Million |
0.078x | -4.98% |
| 2017-12-31 | CA$2.61 Billion ≈ $1.88 Billion |
CA$214.00 Million ≈ $154.81 Million |
0.082x | -14.29% |
| 2016-12-31 | CA$2.63 Billion ≈ $1.90 Billion |
CA$251.82 Million ≈ $182.16 Million |
0.096x | +11.56% |
| 2015-12-31 | CA$2.57 Billion ≈ $1.86 Billion |
CA$220.60 Million ≈ $159.58 Million |
0.086x | +14.53% |
| 2014-12-31 | CA$2.73 Billion ≈ $1.97 Billion |
CA$204.71 Million ≈ $148.08 Million |
0.075x | -4.20% |
| 2013-12-31 | CA$2.48 Billion ≈ $1.80 Billion |
CA$194.51 Million ≈ $140.70 Million |
0.078x | +18.08% |
| 2012-12-31 | CA$2.05 Billion ≈ $1.48 Billion |
CA$135.92 Million ≈ $98.32 Million |
0.066x | +10.07% |
| 2011-12-31 | CA$1.27 Billion ≈ $918.56 Million |
CA$76.49 Million ≈ $55.33 Million |
0.060x | -38.59% |
| 2010-12-31 | CA$719.71 Million ≈ $520.63 Million |
CA$70.60 Million ≈ $51.07 Million |
0.098x | -13.89% |
| 2009-12-31 | CA$360.91 Million ≈ $261.07 Million |
CA$41.11 Million ≈ $29.74 Million |
0.114x | +13.21% |
| 2008-12-31 | CA$369.39 Million ≈ $267.21 Million |
CA$37.17 Million ≈ $26.89 Million |
0.101x | +50.59% |
| 2007-12-31 | CA$395.68 Million ≈ $286.23 Million |
CA$26.44 Million ≈ $19.13 Million |
0.067x | -22.43% |
| 2006-12-31 | CA$158.12 Million ≈ $114.38 Million |
CA$13.62 Million ≈ $9.85 Million |
0.086x | +26.95% |
| 2005-12-31 | CA$69.36 Million ≈ $50.17 Million |
CA$4.71 Million ≈ $3.40 Million |
0.068x | -5.66% |
| 2004-12-31 | CA$4.93 Million ≈ $3.57 Million |
CA$354.78K ≈ $256.64K |
0.072x | -- |
About Artis Real Estate Investment Trust
Artis is a diversified commercial real estate investment trust and is an unincorporated closed-end real estate investment trust, created under, and governed by, the laws of the Province of Manitoba. The REIT was created pursuant to the Declaration of Trust dated November 8, 2004, as most recently amended and restated on December 19, 2021 (the Declaration of Trust). Certain of the REIT's securitie… Read more