First Capital Real Estate Investment Trust (FCR-UN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, First Capital Real Estate Investment Trust (FCR-UN) has a cash flow conversion efficiency ratio of 0.008x as of March 2026. 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$38.65 Million ≈ $27.96 Million USD) by net assets (CA$4.94 Billion ≈ $3.58 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 FCR-UN equity to assets ratio to measure how much of total assets are equity-financed.
First Capital Real Estate Investment Trust - Cash Flow Conversion Efficiency Trend (1996–2025)
This chart illustrates how First Capital Real Estate Investment Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check First Capital Real Estate Investment Tru earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
First Capital Real Estate Investment Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of First Capital Real Estate Investment Trust ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GEK TERNA Holdings Real Estate Construction S.A
AT:GEKTERNA
|
0.030x |
|
Orion Corp
KO:271560
|
0.053x |
|
Kinetik Holdings Inc
NYSE:KNTK
|
0.063x |
|
The a2 Milk Company Ltd
AU:A2M
|
0.069x |
|
Lepu Medical Tech Beijing
SHE:300003
|
0.024x |
|
HARBOUR ENE.SP.ADR LS-50
F:PQQ2
|
N/A |
|
Tasly Pharmaceutical Group Co Ltd
SHG:600535
|
0.043x |
|
Luxi Chemical Group Co Ltd
SHE:000830
|
0.041x |
Annual Cash Flow Conversion Efficiency for First Capital Real Estate Investment Trust (1996–2025)
The table below shows the annual cash flow conversion efficiency of First Capital Real Estate Investment Trust from 1996 to 2025. For the full company profile with market capitalisation and key ratios, see First Capital Real Estate Investment Tru (FCR-UN) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$4.89 Billion ≈ $3.54 Billion |
CA$206.71 Million ≈ $149.53 Million |
0.042x | -27.47% |
| 2024-12-31 | CA$4.01 Billion ≈ $2.90 Billion |
CA$233.79 Million ≈ $169.12 Million |
0.058x | +2.20% |
| 2023-12-31 | CA$4.00 Billion ≈ $2.89 Billion |
CA$227.73 Million ≈ $164.74 Million |
0.057x | -1.66% |
| 2022-12-31 | CA$4.34 Billion ≈ $3.14 Billion |
CA$251.22 Million ≈ $181.73 Million |
0.058x | +8.39% |
| 2021-12-31 | CA$4.67 Billion ≈ $3.38 Billion |
CA$249.61 Million ≈ $180.57 Million |
0.053x | +3.67% |
| 2020-12-31 | CA$4.26 Billion ≈ $3.08 Billion |
CA$219.50 Million ≈ $158.79 Million |
0.052x | -14.25% |
| 2019-12-31 | CA$4.48 Billion ≈ $3.24 Billion |
CA$269.15 Million ≈ $194.70 Million |
0.060x | +6.42% |
| 2018-12-31 | CA$5.01 Billion ≈ $3.62 Billion |
CA$283.01 Million ≈ $204.73 Million |
0.057x | -1.78% |
| 2017-12-31 | CA$4.70 Billion ≈ $3.40 Billion |
CA$270.16 Million ≈ $195.43 Million |
0.058x | -5.09% |
| 2016-12-31 | CA$4.23 Billion ≈ $3.06 Billion |
CA$256.60 Million ≈ $185.62 Million |
0.061x | -9.03% |
| 2015-12-31 | CA$3.67 Billion ≈ $2.65 Billion |
CA$244.43 Million ≈ $176.82 Million |
0.067x | -13.39% |
| 2014-12-31 | CA$3.50 Billion ≈ $2.53 Billion |
CA$269.09 Million ≈ $194.66 Million |
0.077x | +20.04% |
| 2013-12-31 | CA$3.32 Billion ≈ $2.40 Billion |
CA$212.97 Million ≈ $154.06 Million |
0.064x | +7.87% |
| 2012-12-31 | CA$3.25 Billion ≈ $2.35 Billion |
CA$193.01 Million ≈ $139.62 Million |
0.059x | -2.39% |
| 2011-12-31 | CA$2.51 Billion ≈ $1.82 Billion |
CA$152.96 Million ≈ $110.65 Million |
0.061x | -36.59% |
| 2010-12-31 | CA$1.84 Billion ≈ $1.33 Billion |
CA$176.28 Million ≈ $127.52 Million |
0.096x | -29.23% |
| 2009-12-31 | CA$1.10 Billion ≈ $792.72 Million |
CA$148.63 Million ≈ $107.52 Million |
0.136x | +0.65% |
| 2008-12-31 | CA$1.08 Billion ≈ $783.55 Million |
CA$145.96 Million ≈ $105.58 Million |
0.135x | -3.66% |
| 2007-12-31 | CA$951.33 Million ≈ $688.18 Million |
CA$133.06 Million ≈ $96.25 Million |
0.140x | +10.70% |
| 2006-12-31 | CA$911.59 Million ≈ $659.43 Million |
CA$115.17 Million ≈ $83.31 Million |
0.126x | +12.47% |
| 2005-12-31 | CA$842.54 Million ≈ $609.48 Million |
CA$94.65 Million ≈ $68.47 Million |
0.112x | -17.63% |
| 2004-12-31 | CA$548.49 Million ≈ $396.77 Million |
CA$74.81 Million ≈ $54.12 Million |
0.136x | +40.00% |
| 2003-12-31 | CA$664.99 Million ≈ $481.05 Million |
CA$64.79 Million ≈ $46.87 Million |
0.097x | +26.26% |
| 2002-12-31 | CA$507.76 Million ≈ $367.30 Million |
CA$39.18 Million ≈ $28.34 Million |
0.077x | -2.38% |
| 2001-12-31 | CA$409.57 Million ≈ $296.28 Million |
CA$32.37 Million ≈ $23.42 Million |
0.079x | +381.57% |
| 2000-12-31 | CA$396.68 Million ≈ $286.95 Million |
CA$-11.13 Million ≈ $-8.05 Million |
-0.028x | -130.89% |
| 1999-12-31 | CA$421.50 Million ≈ $304.91 Million |
CA$38.30 Million ≈ $27.71 Million |
0.091x | +56.75% |
| 1998-12-31 | CA$433.00 Million ≈ $313.23 Million |
CA$25.10 Million ≈ $18.16 Million |
0.058x | -44.02% |
| 1997-12-31 | CA$216.30 Million ≈ $156.47 Million |
CA$22.40 Million ≈ $16.20 Million |
0.104x | +1.39% |
| 1996-12-31 | CA$158.60 Million ≈ $114.73 Million |
CA$16.20 Million ≈ $11.72 Million |
0.102x | -- |
About First Capital Real Estate Investment Trust
First Capital Real Estate Investment Trust is an unincorporated, open-ended mutual fund trust. First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighborhoods with the strongest demographics in Canada. The Trust is listed on the Toronto Stock Exchange. On November 24, 2025, the Trust's unitholders approved an internal tax reorganization that was… Read more