Canadian North Resources Inc. (CNRI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Canadian North Resources Inc. (CNRI) has a cash flow conversion efficiency ratio of -0.008x 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$-325.65K ≈ $-235.57K USD) by net assets (CA$42.87 Million ≈ $31.01 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Canadian North Resources Inc. - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Canadian North Resources Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Canadian North Resources Inc. carry for a breakdown of total debt and financial obligations.
Canadian North Resources Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Canadian North Resources Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hankook Cosmetics Manufacturing Co Ltd
KO:003350
|
0.139x |
|
Grand Kartech Tbk
JK:KRAH
|
0.061x |
|
Almaden Minerals Ltd
TO:AMM
|
-0.200x |
|
Kim Teck Cheong Consolidated Bhd
KLSE:0180
|
-0.102x |
|
U.C.A. AG O.N.
F:UCA1
|
N/A |
|
Harvard Bioscience Inc
NASDAQ:HBIO
|
0.059x |
|
Seker Finansal Kiralama AS
IS:SEKFK
|
0.281x |
|
Rubicon Organics Inc
V:ROMJ
|
0.010x |
Annual Cash Flow Conversion Efficiency for Canadian North Resources Inc. (2020–2024)
The table below shows the annual cash flow conversion efficiency of Canadian North Resources Inc. from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see CNRI market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$43.36 Million ≈ $31.36 Million |
CA$-1.38 Million ≈ $-995.79K |
-0.032x | +48.98% |
| 2023-12-31 | CA$45.00 Million ≈ $32.55 Million |
CA$-2.80 Million ≈ $-2.03 Million |
-0.062x | -5.92% |
| 2022-12-31 | CA$31.13 Million ≈ $22.52 Million |
CA$-1.83 Million ≈ $-1.32 Million |
-0.059x | +21.18% |
| 2021-12-31 | CA$23.04 Million ≈ $16.67 Million |
CA$-1.72 Million ≈ $-1.24 Million |
-0.075x | -19.43% |
| 2020-12-31 | CA$2.59 Million ≈ $1.87 Million |
CA$-161.75K ≈ $-117.01K |
-0.062x | -- |
About Canadian North Resources Inc.
Canadian North Resources Inc. engages in the exploration and development of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, palladium, platinum, gold, silver, and rhodium deposits. Its flagship property is the 100% Ferguson Lake property comprising 10 contiguous mining leases covering an area of 9,686 hectares located in the Kivalliq Region of Nunavut, Can… Read more