North American Financial 15 (FFN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, North American Financial 15 (FFN) has a cash flow conversion efficiency ratio of 0.060x as of May 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$25.01 Million ≈ $18.09 Million USD) by net assets (CA$417.46 Million ≈ $301.99 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of North American Financial 15 to measure how much of total assets are equity-financed.
North American Financial 15 - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how North American Financial 15's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check FFN cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
North American Financial 15 Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of North American Financial 15 ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Malaysia Smelting Corporation Bhd
KLSE:5916
|
0.133x |
|
Shenzhen Emperor Technology Co Ltd
SHE:300546
|
0.044x |
|
Shandong Xingmin Wheel Co Ltd
SHE:002355
|
0.003x |
|
Xinxiang Tuoxin Pharmaceutical Co.Ltd.
SHE:301089
|
N/A |
|
LUBAWA SA
WAR:LBW
|
0.058x |
|
Rolex Rings Limited
NSE:ROLEXRINGS
|
0.075x |
|
Nuveen Multi-Asset Income Fund
NYSE:NMAI
|
-0.038x |
|
Jahen Household Products Co. Ltd.
SHE:300955
|
-0.052x |
Annual Cash Flow Conversion Efficiency for North American Financial 15 (2006–2024)
The table below shows the annual cash flow conversion efficiency of North American Financial 15 from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see FFN market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-11-30 | CA$481.62 Million ≈ $348.40 Million |
CA$52.27 Million ≈ $37.81 Million |
0.109x | +110.13% |
| 2023-11-30 | CA$200.55 Million ≈ $145.07 Million |
CA$10.36 Million ≈ $7.49 Million |
0.052x | +107.61% |
| 2022-11-30 | CA$276.12 Million ≈ $199.74 Million |
CA$-187.39 Million ≈ $-135.55 Million |
-0.679x | +34.99% |
| 2021-11-30 | CA$231.47 Million ≈ $167.44 Million |
CA$-241.64 Million ≈ $-174.80 Million |
-1.044x | -247.74% |
| 2020-11-30 | CA$64.90 Million ≈ $46.95 Million |
CA$45.86 Million ≈ $33.17 Million |
0.707x | +175.19% |
| 2019-11-30 | CA$119.08 Million ≈ $86.14 Million |
CA$30.58 Million ≈ $22.12 Million |
0.257x | +172.91% |
| 2018-11-30 | CA$110.63 Million ≈ $80.03 Million |
CA$-38.96 Million ≈ $-28.18 Million |
-0.352x | +47.44% |
| 2017-11-30 | CA$125.63 Million ≈ $90.88 Million |
CA$-84.18 Million ≈ $-60.90 Million |
-0.670x | -625.82% |
| 2016-11-30 | CA$66.75 Million ≈ $48.28 Million |
CA$8.51 Million ≈ $6.15 Million |
0.127x | +182.41% |
| 2015-11-30 | CA$58.66 Million ≈ $42.43 Million |
CA$-9.07 Million ≈ $-6.56 Million |
-0.155x | +70.47% |
| 2014-11-30 | CA$53.79 Million ≈ $38.91 Million |
CA$-28.17 Million ≈ $-20.37 Million |
-0.524x | -764.69% |
| 2013-11-30 | CA$36.86 Million ≈ $26.67 Million |
CA$2.90 Million ≈ $2.10 Million |
0.079x | -66.49% |
| 2012-11-30 | CA$19.37 Million ≈ $14.01 Million |
CA$4.55 Million ≈ $3.29 Million |
0.235x | +246.74% |
| 2011-11-30 | CA$12.71 Million ≈ $9.19 Million |
CA$-2.04 Million ≈ $-1.47 Million |
-0.160x | -130.87% |
| 2010-11-30 | CA$26.16 Million ≈ $18.93 Million |
CA$13.58 Million ≈ $9.82 Million |
0.519x | +38.96% |
| 2009-11-30 | CA$30.14 Million ≈ $21.80 Million |
CA$11.26 Million ≈ $8.14 Million |
0.373x | +131.78% |
| 2008-11-30 | CA$19.83 Million ≈ $14.35 Million |
CA$3.20 Million ≈ $2.31 Million |
0.161x | +106.30% |
| 2007-11-30 | CA$88.45 Million ≈ $63.99 Million |
CA$6.91 Million ≈ $5.00 Million |
0.078x | -35.19% |
| 2006-11-30 | CA$110.86 Million ≈ $80.19 Million |
CA$13.36 Million ≈ $9.66 Million |
0.120x | -- |
About North American Financial 15
North American Financial 15 Split Corp. is an equity mutual fund launched by Quadravest Inc. It is managed by Quadravest Capital Management Inc. The fund invests in public equity markets of United States and Canada. It invests in high quality portfolio of preferred shares and Class A shares of 15 financial services companies. The fund employs investment strategy along with fundamental based equit… Read more