Altima Resources Ltd (ARH) - Cash Flow Conversion Efficiency

Latest as of November 2024: 0.028x

Based on the latest financial reports, Altima Resources Ltd (ARH) has a cash flow conversion efficiency ratio of 0.028x as of November 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$-299.70K ≈ $-216.80K USD) by net assets (CA$-10.56 Million ≈ $-7.64 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 Altima Resources Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Altima Resources Ltd - Cash Flow Conversion Efficiency Trend (2013–2023)

This chart illustrates how Altima Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Altima Resources Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Altima Resources Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Mandarin Hotel Public Company Limited BK:MANRIN	0.067x
Niraj Cement Structurals Limited NSE:NIRAJ	-0.097x
Cassius Mining Ltd AU:CMD	-0.253x
Dunelm Group PLC LSE:DNLM	0.128x
Calviks AB (publ) ST:TENEO	0.058x
NB Distressed Debt Inv Extended Life LSE:NBDX	-0.008x
Sumit Woods Limited NSE:SUMIT	0.002x
Unique Mining Services Public Company Limited BK:UMS	-0.003x

Annual Cash Flow Conversion Efficiency for Altima Resources Ltd (2013–2023)

The table below shows the annual cash flow conversion efficiency of Altima Resources Ltd from 2013 to 2023. For the full company profile with market capitalisation and key ratios, see how much is Altima Resources Ltd worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-11-30	CA$-9.83 Million ≈ $-7.11 Million	CA$-178.98K ≈ $-129.47K	0.018x	-82.93%
2022-11-30	CA$-7.96 Million ≈ $-5.76 Million	CA$-849.57K ≈ $-614.57K	0.107x	+329.40%
2021-11-30	CA$-8.47 Million ≈ $-6.13 Million	CA$-210.49K ≈ $-152.27K	0.025x	-1.11%
2020-11-30	CA$-3.74 Million ≈ $-2.70 Million	CA$-93.93K ≈ $-67.94K	0.025x	+150.62%
2019-11-30	CA$-3.47 Million ≈ $-2.51 Million	CA$172.28K ≈ $124.63K	-0.050x	+8.05%
2018-11-30	CA$-2.40 Million ≈ $-1.73 Million	CA$129.36K ≈ $93.58K	-0.054x	-138.68%
2017-11-30	CA$-4.31 Million ≈ $-3.12 Million	CA$-600.97K ≈ $-434.73K	0.140x	+706.26%
2016-11-30	CA$-8.50 Million ≈ $-6.15 Million	CA$-147.13K ≈ $-106.43K	0.017x	+109.37%
2015-11-30	CA$7.61 Million ≈ $5.51 Million	CA$-1.41 Million ≈ $-1.02 Million	-0.185x	-4859.79%
2014-11-30	CA$18.57 Million ≈ $13.43 Million	CA$72.04K ≈ $52.11K	0.004x	+104.59%
2013-11-30	CA$19.56 Million ≈ $14.15 Million	CA$-1.65 Million ≈ $-1.20 Million	-0.085x	--

About Altima Resources Ltd

V:ARH Canada Oil & Gas E&P

Market Cap

$19.37 Million

CA$26.78 Million CAD

Market Cap Rank

#25243 Global

#986 in Canada

Share Price

CA$0.47

Change (1 day)

+0.00%

52-Week Range

CA$0.25 - CA$1.31

All Time High

CA$1.31