Canoe Mining Ventures Corp (CLV) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Canoe Mining Ventures Corp (CLV) has a cash flow conversion efficiency ratio of -0.740x as of September 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$-25.06K) by net assets (CA$33.85K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Canoe Mining Ventures Corp - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Canoe Mining Ventures Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Canoe Mining Ventures Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Canoe Mining Ventures Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
THALASSA HLDG.NEW DL-01
F:TH2P
|
N/A |
|
DFS Furniture PLC
LSE:DFS
|
0.248x |
|
Urban One
NASDAQ:UONE
|
-0.002x |
|
Octopus Renewables Infra Trust
LSE:ORIT
|
0.039x |
|
Enrg Elements Ltd
AU:EEL
|
-0.578x |
|
Rapid Lithium Limited
AU:RLL
|
N/A |
|
Kanani Industries Limited
NSE:KANANIIND
|
-0.015x |
|
NuCana PLC
NASDAQ:NCNA
|
0.049x |
Annual Cash Flow Conversion Efficiency for Canoe Mining Ventures Corp (2013–2024)
The table below shows the annual cash flow conversion efficiency of Canoe Mining Ventures Corp from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$119.75K | CA$-149.71K | -1.250x | -104.77% |
| 2023-12-31 | CA$287.22K | CA$-175.36K | -0.611x | -20.15% |
| 2022-12-31 | CA$323.22K | CA$-164.25K | -0.508x | -151.29% |
| 2021-12-31 | CA$-121.17K | CA$-120.06K | 0.991x | +366.01% |
| 2017-12-31 | CA$762.69K | CA$-284.09K | -0.372x | +78.96% |
| 2016-12-31 | CA$311.08K | CA$-550.72K | -1.770x | +20.61% |
| 2015-12-31 | CA$58.53K | CA$-130.53K | -2.230x | -639.06% |
| 2014-12-31 | CA$3.30 Million | CA$-996.98K | -0.302x | -496.63% |
| 2013-12-31 | CA$2.47 Million | CA$-124.69K | -0.051x | -- |
About Canoe Mining Ventures Corp
Canoe Mining Ventures Corp. engages in the acquisition, exploration, evaluation, and development of gold resource properties in Canada. It holds a 100% interest in the Kerrs gold property, which comprises 12 mining leasehold patents located in the Larder Lake Mining Division of Ontario; and the Butt Property consisting of 87 mineral exploration claims located in Butt Township, District of Nipissi… Read more