Pinetree Capital Ltd (PNP) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.040x

Based on the latest financial reports, Pinetree Capital Ltd (PNP) has a cash flow conversion efficiency ratio of -0.040x 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$-2.73 Million ≈ $-1.98 Million USD) by net assets (CA$68.58 Million ≈ $49.61 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 Pinetree Capital Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Pinetree Capital Ltd - Cash Flow Conversion Efficiency Trend (1996–2025)

This chart illustrates how Pinetree Capital Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Pinetree Capital Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Pinetree Capital Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
CBAK ENERGY TECH. NEW F:B6JA	0.272x
Skolon AB ST:SKOLON	-4.905x
Poujoulat S.A. PA:ALPJT	-0.134x
GS Holdings Corp KO:078935	0.030x
GAMEVIL Inc KQ:063080	-0.033x
Skillsoft Corp. NYSE:SKIL	-1.008x
Evertex Fabrinology Ltd TW:1470	0.064x
Borgestad A OL:BOR	0.121x

Annual Cash Flow Conversion Efficiency for Pinetree Capital Ltd (1996–2025)

The table below shows the annual cash flow conversion efficiency of Pinetree Capital Ltd from 1996 to 2025. For the full company profile with market capitalisation and key ratios, see Pinetree Capital Ltd stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$87.59 Million ≈ $63.36 Million	CA$-3.88 Million ≈ $-2.80 Million	-0.044x	-216.17%
2024-12-31	CA$77.70 Million ≈ $56.21 Million	CA$2.96 Million ≈ $2.14 Million	0.038x	+144.57%
2023-12-31	CA$45.37 Million ≈ $32.82 Million	CA$-3.88 Million ≈ $-2.80 Million	-0.085x	+13.06%
2022-12-31	CA$39.62 Million ≈ $28.66 Million	CA$-3.89 Million ≈ $-2.82 Million	-0.098x	+65.37%
2021-12-31	CA$38.44 Million ≈ $27.81 Million	CA$-10.91 Million ≈ $-7.89 Million	-0.284x	-6.70%
2020-12-31	CA$19.10 Million ≈ $13.82 Million	CA$-5.08 Million ≈ $-3.68 Million	-0.266x	-356.03%
2019-12-31	CA$17.90 Million ≈ $12.95 Million	CA$-1.04 Million ≈ $-755.21K	-0.058x	-215.97%
2018-12-31	CA$15.98 Million ≈ $11.56 Million	CA$-295.00K ≈ $-213.40K	-0.018x	+93.69%
2017-12-31	CA$18.30 Million ≈ $13.24 Million	CA$-5.35 Million ≈ $-3.87 Million	-0.292x	-167.39%
2016-12-31	CA$10.65 Million ≈ $7.70 Million	CA$4.62 Million ≈ $3.34 Million	0.434x	-82.29%
2015-12-31	CA$19.50 Million ≈ $14.11 Million	CA$47.78 Million ≈ $34.56 Million	2.450x	+1536.02%
2014-12-31	CA$51.16 Million ≈ $37.01 Million	CA$-8.73 Million ≈ $-6.31 Million	-0.171x	-261.26%
2013-12-31	CA$99.01 Million ≈ $71.63 Million	CA$10.48 Million ≈ $7.58 Million	0.106x	+5869.72%
2012-12-31	CA$212.15 Million ≈ $153.47 Million	CA$376.00K ≈ $271.99K	0.002x	+100.89%
2011-12-31	CA$355.63 Million ≈ $257.26 Million	CA$-70.57 Million ≈ $-51.05 Million	-0.198x	-1089.30%
2010-12-31	CA$646.73 Million ≈ $467.83 Million	CA$-10.79 Million ≈ $-7.81 Million	-0.017x	-157.28%
2009-12-31	CA$342.69 Million ≈ $247.90 Million	CA$9.98 Million ≈ $7.22 Million	0.029x	+133.72%
2008-12-31	CA$174.21 Million ≈ $126.02 Million	CA$-15.05 Million ≈ $-10.89 Million	-0.086x	+31.83%
2007-12-31	CA$476.93 Million ≈ $345.00 Million	CA$-60.44 Million ≈ $-43.72 Million	-0.127x	-236.17%
2006-12-31	CA$367.83 Million ≈ $266.08 Million	CA$-13.87 Million ≈ $-10.03 Million	-0.038x	-11.98%
2005-12-31	CA$110.79 Million ≈ $80.14 Million	CA$-3.73 Million ≈ $-2.70 Million	-0.034x	-65.84%
2004-12-31	CA$56.32 Million ≈ $40.74 Million	CA$-1.14 Million ≈ $-826.99K	-0.020x	-147.60%
2003-12-31	CA$51.42 Million ≈ $37.19 Million	CA$2.19 Million ≈ $1.59 Million	0.043x	-72.02%
2002-12-31	CA$9.67 Million ≈ $6.99 Million	CA$1.47 Million ≈ $1.07 Million	0.152x	+16708.46%
2001-12-31	CA$18.52 Million ≈ $13.40 Million	CA$16.80K ≈ $12.15K	0.001x	-96.93%
2000-12-31	CA$45.23 Million ≈ $32.72 Million	CA$1.34 Million ≈ $965.82K	0.030x	-33.38%
1999-12-31	CA$15.80 Million ≈ $11.43 Million	CA$700.00K ≈ $506.37K	0.044x	+138.99%
1998-12-31	CA$8.80 Million ≈ $6.37 Million	CA$-1.00 Million ≈ $-723.38K	-0.114x	+61.65%
1997-12-31	CA$8.10 Million ≈ $5.86 Million	CA$-2.40 Million ≈ $-1.74 Million	-0.296x	-201.93%
1996-12-31	CA$8.60 Million ≈ $6.22 Million	CA$2.50 Million ≈ $1.81 Million	0.291x	--

About Pinetree Capital Ltd

TO:PNP Canada Capital Markets

Market Cap

$61.11 Million

CA$84.48 Million CAD

Market Cap Rank

#21058 Global

#737 in Canada

Share Price

CA$9.00

Change (1 day)

+3.69%

52-Week Range

CA$8.18 - CA$19.40

All Time High

CA$22.58