Altima Resources Ltd Cash Flow Conversion Efficiency

Latest as of November 2024: 0.028x

Altima Resources Ltd cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Altima Resources Ltd from 2013 to 2023. This chart illustrates how Altima Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Altima Resources Ltd share price for real-time trading data and today's change.

Altima Resources Ltd Cash Flow Conversion Ratio Explained

Altima Resources Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see ARH stock market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Mandarin Hotel Public Company Limited BK:MANRIN	0.067x
Bactiquant AS CO:BACTIQ	-0.164x
IQuest Co. Ltd. KQ:262840	-0.030x
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS IS:FLAP	-0.004x
NB Distressed Debt Inv Extended Life LSE:NBDX	-0.008x
Unique Mining Services Public Company Limited BK:UMS	-0.003x
Pudjiadi & Sons Tbk JK:PNSE	0.115x
Mgenplus Co. Ltd. KQ:032790	-0.049x

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. Review ARH FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

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

#25052 Global

#956 in Canada

Share Price

CA$0.47

Change (1 day)

+0.00%

52-Week Range

CA$0.47 - CA$0.47

All Time High

CA$1.31