First Capital Real Estate Investment Trust Cash Flow Conversion Efficiency
First Capital Real Estate Investment Trust 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.
Cash Flow Conversion Efficiency of First Capital Real Estate Investment Trust (1996–2025)
Cash flow conversion efficiency of First Capital Real Estate Investment Trust from 1996 to 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. View First Capital Real Estate Investment Tru (FCR-UN) share price today for real-time trading data and today's change.
First Capital Real Estate Investment Trust Cash Flow Conversion Ratio Explained
First Capital Real Estate Investment Trust 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.
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. Also see FCR-UN company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Westgold Resources Ltd
AU:WGX
|
0.177x |
|
Enaex S.A
SN:ENAEX
|
0.099x |
|
Kinetik Holdings Inc
NYSE:KNTK
|
0.063x |
|
Aedifica
BR:AED
|
0.000x |
|
Abcellera Biologics Inc
NASDAQ:ABCL
|
-0.038x |
|
Taichung Commercial Bank Co Ltd
TW:2812
|
-0.105x |
|
GEK TERNA Holdings Real Estate Construction S.A
AT:GEKTERNA
|
0.030x |
|
Treasury Wine Estates Ltd
AU:TWE
|
0.030x |
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. Review First Capital Real Estate Investment Tru (FCR-UN) FCF generation index 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 |
|---|---|---|---|---|
| 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