Bitcoin Fund Unit

TO:QBTC Canada Asset Management
Market Cap
$645.63K
CA$927.28K CAD
Market Cap Rank
#36999 Global
#422 in Canada
Share Price
CA$98.27
Change (1 day)
+1.05%
52-Week Range
CA$83.50 - CA$167.60
All Time High
CA$167.60
About

Bitcoin Fund Unit operates in various business sectors.

Bitcoin Fund Unit (QBTC) - Cash Flow Conversion Efficiency

Latest cash flow conversion efficiency as of June 2024: -0.014x

Based on the latest financial reports, Bitcoin Fund Unit (QBTC) has a cash flow conversion efficiency ratio of -0.014x as of June 2024.

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$-6.13 Million) by net assets (CA$446.55 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Bitcoin Fund Unit - Cash Flow Conversion Efficiency Trend (2020–2023)

This chart illustrates how Bitcoin Fund Unit's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

Bitcoin Fund Unit Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Bitcoin Fund Unit ranked by their cash flow conversion efficiency.

Annual Cash Flow Conversion Efficiency for Bitcoin Fund Unit (2020–2023)

The table below shows the annual cash flow conversion efficiency of Bitcoin Fund Unit from 2020 to 2023.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2023-12-31 CA$372.37 Million CA$-6.80 Million -0.018x +71.33%
2022-12-31 CA$188.82 Million CA$-12.04 Million -0.064x -85.18%
2021-12-31 CA$740.95 Million CA$-25.51 Million -0.034x -756.00%
2020-12-31 CA$672.76 Million CA$-2.71 Million -0.004x --