Bitcoin Fund Unit (QBTC) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-4.43 Million USD) by net assets (CA$446.55 Million ≈ $323.03 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 QBTC defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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.

Company	Cash Flow Conversion Efficiency
Goldflare Exploration Inc V:GOFL	-0.052x
BRAXIA SCIENTIFIC CORP. F:4960	N/A
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock NASDAQ:STRD	0.000x
Xplore Resources Corp V:XPLR	0.059x
GAMES BOX S.A. ZY-10 F:ZN6	-0.018x
Splash Beverage Group Inc NYSE MKT:SBEV	0.184x
MCS Services Ltd AU:MSG	-0.350x
Gyldendal A/S CO:GYLD-B	0.262x

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. For the full company profile with market capitalisation and key ratios, see QBTC market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	CA$372.37 Million ≈ $269.37 Million	CA$-6.80 Million ≈ $-4.92 Million	-0.018x	+71.33%
2022-12-31	CA$188.82 Million ≈ $136.59 Million	CA$-12.04 Million ≈ $-8.71 Million	-0.064x	-85.18%
2021-12-31	CA$740.95 Million ≈ $535.99 Million	CA$-25.51 Million ≈ $-18.45 Million	-0.034x	-756.00%
2020-12-31	CA$672.76 Million ≈ $486.66 Million	CA$-2.71 Million ≈ $-1.96 Million	-0.004x	--

About Bitcoin Fund Unit

TO:QBTC Canada Asset Management

Market Cap

$562.58K

CA$777.71K CAD

Market Cap Rank

#30803 Global

#1642 in Canada

Share Price

CA$80.11

Change (1 day)

-2.32%

52-Week Range

CA$78.00 - CA$167.60

All Time High

CA$167.60