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.
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. Read total liabilities of North American Financial 15 for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
K & S Corporation Ltd
AU:KSC
|
0.075x |
|
Leysen Jewellery Inc
SHG:603900
|
0.028x |
|
Diageo PLC
LSE:DGE
|
0.082x |
|
Basler Aktiengesellschaft
XETRA:BSL
|
0.074x |
|
North American Construction Group Ltd
TO:NOA
|
0.117x |
|
MCI Management SA
WAR:MCI
|
0.023x |
|
Plastika Kritis S.A.
AT:PLAKR
|
0.019x |
|
Genfit S.A.
PA:GNFT
|
-0.574x |
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 overview.
| 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