Canlan Ice Sports Corp. (ICE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Canlan Ice Sports Corp. (ICE) has a cash flow conversion efficiency ratio of 0.085x 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$3.51 Million ≈ $2.54 Million USD) by net assets (CA$41.31 Million ≈ $29.89 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 ICE equity to assets ratio to measure how much of total assets are equity-financed.
Canlan Ice Sports Corp. - Cash Flow Conversion Efficiency Trend (1996–2024)
This chart illustrates how Canlan Ice Sports Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check ICE cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Canlan Ice Sports Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Canlan Ice Sports Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Brand Group (M.G) Ltd
TA:BRND
|
0.030x |
|
TradeDoubler AB
ST:TRAD
|
0.041x |
|
Ekso Bionics Holdings Inc
NASDAQ:EKSO
|
-0.370x |
|
Azimut Exploration Inc.
V:AZM
|
-0.037x |
|
Infrea AB
ST:INFREA
|
-0.046x |
|
Hana Must SPAC 2
KQ:208370
|
0.013x |
|
Taekyung Chem
KO:006890
|
0.014x |
|
Arich Enterprise Co Ltd
TWO:4173
|
-0.126x |
Annual Cash Flow Conversion Efficiency for Canlan Ice Sports Corp. (1996–2024)
The table below shows the annual cash flow conversion efficiency of Canlan Ice Sports Corp. from 1996 to 2024. For the full company profile with market capitalisation and key ratios, see Canlan Ice Sports Corp. (ICE) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$48.82 Million ≈ $35.31 Million |
CA$13.81 Million ≈ $9.99 Million |
0.283x | +35.72% |
| 2023-12-31 | CA$44.66 Million ≈ $32.30 Million |
CA$9.31 Million ≈ $6.73 Million |
0.208x | -8.06% |
| 2022-12-31 | CA$46.65 Million ≈ $33.75 Million |
CA$10.58 Million ≈ $7.65 Million |
0.227x | -24.49% |
| 2021-12-31 | CA$40.42 Million ≈ $29.24 Million |
CA$12.14 Million ≈ $8.78 Million |
0.300x | +242.46% |
| 2020-12-31 | CA$41.71 Million ≈ $30.17 Million |
CA$-8.79 Million ≈ $-6.36 Million |
-0.211x | -214.60% |
| 2019-12-31 | CA$48.38 Million ≈ $35.00 Million |
CA$8.90 Million ≈ $6.44 Million |
0.184x | -27.10% |
| 2018-12-31 | CA$49.82 Million ≈ $36.04 Million |
CA$12.57 Million ≈ $9.09 Million |
0.252x | +4.25% |
| 2017-12-31 | CA$45.20 Million ≈ $32.70 Million |
CA$10.94 Million ≈ $7.91 Million |
0.242x | +17.70% |
| 2016-12-31 | CA$43.56 Million ≈ $31.51 Million |
CA$8.96 Million ≈ $6.48 Million |
0.206x | -9.95% |
| 2015-12-31 | CA$43.73 Million ≈ $31.63 Million |
CA$9.98 Million ≈ $7.22 Million |
0.228x | +45.14% |
| 2014-12-31 | CA$44.78 Million ≈ $32.40 Million |
CA$7.04 Million ≈ $5.10 Million |
0.157x | +7.87% |
| 2013-12-31 | CA$44.96 Million ≈ $32.52 Million |
CA$6.56 Million ≈ $4.74 Million |
0.146x | -19.57% |
| 2012-12-31 | CA$44.93 Million ≈ $32.50 Million |
CA$8.15 Million ≈ $5.89 Million |
0.181x | +13.34% |
| 2011-12-31 | CA$44.63 Million ≈ $32.29 Million |
CA$7.14 Million ≈ $5.16 Million |
0.160x | +37.58% |
| 2010-12-31 | CA$46.68 Million ≈ $33.77 Million |
CA$5.43 Million ≈ $3.93 Million |
0.116x | -33.30% |
| 2009-12-31 | CA$46.17 Million ≈ $33.40 Million |
CA$8.05 Million ≈ $5.82 Million |
0.174x | -11.04% |
| 2008-12-31 | CA$43.44 Million ≈ $31.42 Million |
CA$8.51 Million ≈ $6.16 Million |
0.196x | +28.34% |
| 2007-12-31 | CA$39.61 Million ≈ $28.65 Million |
CA$6.05 Million ≈ $4.38 Million |
0.153x | -31.82% |
| 2006-12-31 | CA$38.81 Million ≈ $28.07 Million |
CA$8.69 Million ≈ $6.29 Million |
0.224x | +79.31% |
| 2005-12-31 | CA$37.45 Million ≈ $27.09 Million |
CA$4.68 Million ≈ $3.38 Million |
0.125x | +11.39% |
| 2004-12-31 | CA$36.40 Million ≈ $26.33 Million |
CA$4.08 Million ≈ $2.95 Million |
0.112x | -22.53% |
| 2003-12-31 | CA$27.83 Million ≈ $20.13 Million |
CA$4.03 Million ≈ $2.91 Million |
0.145x | +10.49% |
| 2002-12-31 | CA$28.88 Million ≈ $20.89 Million |
CA$3.78 Million ≈ $2.74 Million |
0.131x | +31025.20% |
| 2001-12-31 | CA$30.89 Million ≈ $22.34 Million |
CA$13.00K ≈ $9.40K |
0.000x | +100.34% |
| 2000-12-31 | CA$35.17 Million ≈ $25.44 Million |
CA$-4.36 Million ≈ $-3.16 Million |
-0.124x | -214.75% |
| 1999-12-31 | CA$29.60 Million ≈ $21.41 Million |
CA$3.20 Million ≈ $2.31 Million |
0.108x | -47.23% |
| 1998-12-31 | CA$37.10 Million ≈ $26.84 Million |
CA$7.60 Million ≈ $5.50 Million |
0.205x | +479.85% |
| 1997-12-31 | CA$64.90 Million ≈ $46.95 Million |
CA$-3.50 Million ≈ $-2.53 Million |
-0.054x | -281.47% |
| 1996-12-31 | CA$67.30 Million ≈ $48.68 Million |
CA$2.00 Million ≈ $1.45 Million |
0.030x | -- |
About Canlan Ice Sports Corp.
Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of recreation facilities in Canada and the United States. The company operates through six segments: Ice/Field Sales and Internal Programming, Food and Beverage, Sports Stores, Sponsorship, Space Rental, and Management Services. It offers rental of ice or field time, and interior and exterior space; and organize… Read more