Pinetree Capital Ltd (PNP) - Cash Flow Conversion Efficiency
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 balance sheet independence to measure how much of total assets are equity-financed.
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. Check cash flow quality index of Pinetree Capital Ltd to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Seafire AB
ST:SEAF
|
0.002x |
|
Redtone International Bhd
KLSE:0032
|
-0.013x |
|
Plastikkart Akilli Kart Iletisim Sistemleri Sanayi ve Ticaret AS
IS:PKART
|
0.157x |
|
Daxor Corporation
NASDAQ:DXR
|
0.013x |
|
Pansari Developers Limited
NSE:PANSARI
|
0.253x |
|
The Intergroup Corporation
NASDAQ:INTG
|
0.011x |
|
NPC Co. Ltd
KO:004250
|
0.040x |
|
Interlink Electronics Inc
NASDAQ:LINK
|
0.068x |
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 (PNP) market capitalisation.
| 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
Pinetree Capital Ltd. is a venture capital and private equity firm specializing in early, later stage venture, middle market, mature, later stage, turnaround and growth capital investments in micro and small cap companies. The firm prefers to invest in enterprise software, financial and healthcare industries. It typically invests in USA, Canada and Europe. The firm invests primarily in equities a… Read more