Altair Resources Inc (AVX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Altair Resources Inc (AVX) has a cash flow conversion efficiency ratio of 0.002x as of December 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$-7.33K ≈ $-5.30K USD) by net assets (CA$-3.08 Million ≈ $-2.23 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Altair Resources Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Altair Resources Inc - Cash Flow Conversion Efficiency Trend (2014–2025)
This chart illustrates how Altair Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Altair Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Altair Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shoe Zone PLC
LSE:SHOE
|
0.395x |
|
Elixxer Ltd
V:ELXR
|
0.024x |
|
Arecor Therapeutics PLC
LSE:AREC
|
-0.178x |
|
Sino-German United AG
F:SGU
|
N/A |
|
Shuttle Pharmaceuticals Inc
NASDAQ:SHPH
|
-0.722x |
|
Lion Group Holding Ltd
NASDAQ:LGHL
|
-0.255x |
|
Annum Bhd
KLSE:5082
|
0.001x |
|
Kendrick Resources PLC
LSE:KEN
|
-0.071x |
Annual Cash Flow Conversion Efficiency for Altair Resources Inc (2014–2025)
The table below shows the annual cash flow conversion efficiency of Altair Resources Inc from 2014 to 2025. For the full company profile with market capitalisation and key ratios, see Altair Resources Inc (AVX) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | CA$-2.87 Million ≈ $-2.08 Million |
CA$-113.00K ≈ $-81.74K |
0.039x | -40.13% |
| 2024-03-31 | CA$-2.42 Million ≈ $-1.75 Million |
CA$-159.27K ≈ $-115.21K |
0.066x | +8.94% |
| 2023-03-31 | CA$-1.98 Million ≈ $-1.43 Million |
CA$-119.40K ≈ $-86.37K |
0.060x | -90.68% |
| 2022-03-31 | CA$-1.68 Million ≈ $-1.21 Million |
CA$-1.08 Million ≈ $-784.63K |
0.647x | +265.23% |
| 2021-03-31 | CA$-1.21 Million ≈ $-877.52K |
CA$-215.01K ≈ $-155.54K |
0.177x | +194.77% |
| 2020-03-31 | CA$-1.22 Million ≈ $-880.15K |
CA$-73.16K ≈ $-52.92K |
0.060x | -91.87% |
| 2019-03-31 | CA$-642.29K ≈ $-464.62K |
CA$-474.88K ≈ $-343.52K |
0.739x | +139.38% |
| 2018-03-31 | CA$1.04 Million ≈ $751.66K |
CA$-1.95 Million ≈ $-1.41 Million |
-1.878x | -682.85% |
| 2017-03-31 | CA$2.08 Million ≈ $1.51 Million |
CA$-499.29K ≈ $-361.18K |
-0.240x | -104.24% |
| 2016-03-31 | CA$-117.34K ≈ $-84.88K |
CA$-664.06K ≈ $-480.37K |
5.659x | +35.55% |
| 2015-03-31 | CA$-117.06K ≈ $-84.68K |
CA$-488.75K ≈ $-353.56K |
4.175x | +5959.78% |
| 2014-03-31 | CA$1.90 Million ≈ $1.38 Million |
CA$-135.69K ≈ $-98.15K |
-0.071x | -- |
About Altair Resources Inc
Altair Resources Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for gold and silver deposits. It has rights to acquire a 65% interest in the Simon property that comprises 37 unpatented lode claims and 20 patented lode claims located in the state of Nevada, the United States; and a 90% interest in … Read more