Bitcoin Fund Unit (QBTC) - Cash Flow Conversion Efficiency
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. Also see market cap of Bitcoin Fund Unit for the company's overall valuation and market capitalisation.
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. Explore QBTC cash to earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ondine Biomedical Inc
LSE:OBI
|
-3.853x |
|
Contagious Gaming Inc
V:CNS
|
0.004x |
|
East Star Resources PLC
LSE:EST
|
-0.884x |
|
OPTIMI HEALTH CORP.
F:8BN
|
-0.094x |
|
CaNickel Mining Ltd
V:CML
|
0.002x |
|
Sunindo Adipersada Tbk Pt
JK:TOYS
|
-0.001x |
|
Lilium NV
NASDAQ:LILM
|
0.005x |
|
Character Group
LSE:CCT
|
0.001x |
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. View QBTC stock price for real-time trading data and today's change.
| 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
Bitcoin Fund Unit operates in various business sectors.