True North Commercial Real Estate Investment Trust (TNT-UN) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.042x

Based on the latest financial reports, True North Commercial Real Estate Investment Trust (TNT-UN) has a cash flow conversion efficiency ratio of 0.042x as of September 2025. 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$16.40 Million ≈ $11.87 Million USD) by net assets (CA$392.82 Million ≈ $284.16 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 TNT-UN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

True North Commercial Real Estate Investment Trust - Cash Flow Conversion Efficiency Trend (2012–2024)

This chart illustrates how True North Commercial Real Estate Investment Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data.

True North Commercial Real Estate Investment Trust Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of True North Commercial Real Estate Investment Trust ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
NextEye Co. Ltd KQ:137940	-0.144x
Aviv Arlon Ltd TA:AVLN	-0.017x
Isbir Sentetik Dokuma Sanayi AS IS:ISSEN	-0.037x
Paseco Co. Ltd KQ:037070	0.104x
Opal Balance TA:OPAL	-0.034x
Simpac KO:009160	-0.007x
Edisun Power Europe AG SW:ESUN	-0.041x
Appeninn Vagyonkezelo Holding Nyilvanosan Mukodo Reszvenytarsasag F:0AP	0.160x

Annual Cash Flow Conversion Efficiency for True North Commercial Real Estate Investment Trust (2012–2024)

The table below shows the annual cash flow conversion efficiency of True North Commercial Real Estate Investment Trust from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see how much is True North Commercial Real Estate Invest worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$416.00 Million ≈ $300.93 Million	CA$75.67 Million ≈ $54.74 Million	0.182x	+11.40%
2023-12-31	CA$452.80 Million ≈ $327.55 Million	CA$73.94 Million ≈ $53.49 Million	0.163x	-17.44%
2022-12-31	CA$522.14 Million ≈ $377.71 Million	CA$103.27 Million ≈ $74.70 Million	0.198x	+38.16%
2021-12-31	CA$540.07 Million ≈ $390.68 Million	CA$77.31 Million ≈ $55.93 Million	0.143x	-17.73%
2020-12-31	CA$525.21 Million ≈ $379.93 Million	CA$91.38 Million ≈ $66.11 Million	0.174x	+56.59%
2019-12-31	CA$527.33 Million ≈ $381.46 Million	CA$58.59 Million ≈ $42.39 Million	0.111x	-24.32%
2018-12-31	CA$363.09 Million ≈ $262.65 Million	CA$53.31 Million ≈ $38.56 Million	0.147x	+19.92%
2017-12-31	CA$248.20 Million ≈ $179.54 Million	CA$30.39 Million ≈ $21.98 Million	0.122x	-15.68%
2016-12-31	CA$167.67 Million ≈ $121.29 Million	CA$24.35 Million ≈ $17.61 Million	0.145x	-22.50%
2015-12-31	CA$110.55 Million ≈ $79.97 Million	CA$20.71 Million ≈ $14.98 Million	0.187x	+60.41%
2014-12-31	CA$102.36 Million ≈ $74.05 Million	CA$11.96 Million ≈ $8.65 Million	0.117x	-27.49%
2013-12-31	CA$54.31 Million ≈ $39.29 Million	CA$8.75 Million ≈ $6.33 Million	0.161x	+818.61%
2012-12-31	CA$-11.75 Million ≈ $-8.50 Million	CA$-206.00K ≈ $-149.02K	0.018x	--

About True North Commercial Real Estate Investment Trust

TO:TNT-UN Canada REIT - Office

Market Cap

$84.24 Million

CA$116.45 Million CAD

Market Cap Rank

#19901 Global

#683 in Canada

Share Price

CA$8.33

Change (1 day)

+0.12%

52-Week Range

CA$8.01 - CA$9.59

All Time High

CA$43.47