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. See Cathedra Bitcoin Inc balance sheet independence to measure how much of total assets are equity-financed.
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. Check CBIT cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DIRECTA PLUS PLC LS-0025
F:88K
|
N/A |
|
Orexplore Technologies Ltd
AU:OXT
|
-0.404x |
|
Lightning Minerals Ltd
AU:L1M
|
-0.316x |
|
Identitii Ltd
AU:ID8
|
-0.536x |
|
Hall of Fame Resort Entertainment Co
NASDAQ:HOFV
|
-0.053x |
|
Enerev5 Metals Inc
V:ENEV
|
0.057x |
|
Proteak Uno S.A.B. de C.V
MX:TEAKCPO
|
0.001x |
|
L Agence Automobiliere SA
PA:MLAA
|
N/A |
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. For the full company profile with market capitalisation and key ratios, see Cathedra Bitcoin Inc (CBIT) total market value.
| 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.