Cathedra Bitcoin Inc (CBIT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Cathedra Bitcoin Inc (CBIT) has a cash flow conversion efficiency ratio of -0.068x as of June 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$-1.79 Million ≈ $-1.30 Million USD) by net assets (CA$26.38 Million ≈ $19.08 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 value of Cathedra Bitcoin Inc for the company's overall valuation and market capitalisation.
Cathedra Bitcoin Inc - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Cathedra Bitcoin Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Cathedra Bitcoin Inc for real-time trading data and today's change.
Cathedra Bitcoin Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cathedra Bitcoin Inc ranked by their cash flow conversion efficiency. Review Cathedra Bitcoin Inc free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cuprina Holdings (Cayman) Limited Class A Ordinary Shares
NASDAQ:CUPR
|
-0.738x |
|
DIRECTA PLUS PLC LS-0025
F:88K
|
N/A |
|
Orexplore Technologies Ltd
AU:OXT
|
-0.404x |
|
Appulse Corp
V:APL
|
0.003x |
|
Hall of Fame Resort Entertainment Co
NASDAQ:HOFV
|
-0.053x |
|
Angel Wing Metals Inc
V:AWM
|
0.005x |
|
QEM Ltd
AU:QEM
|
-0.341x |
|
Enerev5 Metals Inc
V:ENEV
|
0.057x |
Annual Cash Flow Conversion Efficiency for Cathedra Bitcoin Inc (2017–2024)
The table below shows the annual cash flow conversion efficiency of Cathedra Bitcoin Inc from 2017 to 2024. Also see Cathedra Bitcoin Inc assets under control for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$43.80 Million ≈ $31.68 Million |
CA$-788.68K ≈ $-570.52K |
-0.018x | -107.12% |
| 2023-12-31 | CA$9.25 Million ≈ $6.69 Million |
CA$2.34 Million ≈ $1.69 Million |
0.253x | -52.62% |
| 2022-12-31 | CA$4.77 Million ≈ $3.45 Million |
CA$2.55 Million ≈ $1.84 Million |
0.534x | +196.03% |
| 2021-12-31 | CA$34.59 Million ≈ $25.02 Million |
CA$-19.23 Million ≈ $-13.91 Million |
-0.556x | -178.75% |
| 2020-12-31 | CA$16.03 Million ≈ $11.59 Million |
CA$-3.20 Million ≈ $-2.31 Million |
-0.199x | -1193.94% |
| 2019-12-31 | CA$11.03 Million ≈ $7.98 Million |
CA$-170.01K ≈ $-122.98K |
-0.015x | +63.21% |
| 2018-12-31 | CA$11.51 Million ≈ $8.33 Million |
CA$-482.30K ≈ $-348.89K |
-0.042x | -109.51% |
| 2017-12-31 | CA$522.34K ≈ $377.86K |
CA$230.12K ≈ $166.46K |
0.441x | -- |
About Cathedra Bitcoin Inc
Cathedra Bitcoin Inc. engages in the bitcoin mining and hosting business in North America. The company develops and operates high-density compute infrastructure. Cathedra Bitcoin Inc. is headquartered in Vancouver, Canada.