Cartier Resources Inc (ECR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Cartier Resources Inc (ECR) has a cash flow conversion efficiency ratio of -0.014x as of March 2026. 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$-540.30K ≈ $-390.85K USD) by net assets (CA$38.93 Million ≈ $28.16 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 how leveraged is Cartier Resources Inc's balance sheet to measure how much of total assets are equity-financed.
Cartier Resources Inc - Cash Flow Conversion Efficiency Trend (2007–2025)
This chart illustrates how Cartier Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Cartier Resources Inc to evaluate the quality of earnings relative to operating cash generation.
Cartier Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cartier Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MFC Asset Management Public Company Limited
BK:MFC
|
0.008x |
|
Sutro Biopharma
NASDAQ:STRO
|
0.438x |
|
NAU IB Capital
KQ:293580
|
-0.026x |
|
Triunfo Participações e Investimentos S.A
SA:TPIS3
|
0.181x |
|
DY Power Corp
KO:210540
|
0.044x |
|
Thai Wah Public Company Limited
BK:TWPC
|
-0.019x |
|
Advero Properties SOCIMI S.A.
MC:YADV
|
0.008x |
|
Helix BioPharma Corp.
TO:HBP
|
-0.030x |
Annual Cash Flow Conversion Efficiency for Cartier Resources Inc (2007–2025)
The table below shows the annual cash flow conversion efficiency of Cartier Resources Inc from 2007 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Cartier Resources Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$39.18 Million ≈ $28.34 Million |
CA$-1.73 Million ≈ $-1.25 Million |
-0.044x | -22.99% |
| 2024-12-31 | CA$33.46 Million ≈ $24.21 Million |
CA$-1.20 Million ≈ $-869.68K |
-0.036x | -40.72% |
| 2023-12-31 | CA$42.12 Million ≈ $30.47 Million |
CA$-1.08 Million ≈ $-777.85K |
-0.026x | +29.74% |
| 2022-12-31 | CA$39.51 Million ≈ $28.58 Million |
CA$-1.44 Million ≈ $-1.04 Million |
-0.036x | -21.97% |
| 2021-12-31 | CA$28.75 Million ≈ $20.80 Million |
CA$-856.52K ≈ $-619.59K |
-0.030x | +16.05% |
| 2020-12-31 | CA$28.01 Million ≈ $20.26 Million |
CA$-993.83K ≈ $-718.92K |
-0.035x | -8.15% |
| 2019-12-31 | CA$22.36 Million ≈ $16.17 Million |
CA$-733.59K ≈ $-530.67K |
-0.033x | +33.51% |
| 2018-12-31 | CA$21.16 Million ≈ $15.31 Million |
CA$-1.04 Million ≈ $-755.55K |
-0.049x | -19.42% |
| 2017-12-31 | CA$25.68 Million ≈ $18.58 Million |
CA$-1.06 Million ≈ $-767.83K |
-0.041x | +7.79% |
| 2016-12-31 | CA$13.16 Million ≈ $9.52 Million |
CA$-589.67K ≈ $-426.56K |
-0.045x | +40.04% |
| 2015-12-31 | CA$8.12 Million ≈ $5.88 Million |
CA$-607.13K ≈ $-439.19K |
-0.075x | +13.59% |
| 2014-12-31 | CA$9.27 Million ≈ $6.70 Million |
CA$-801.63K ≈ $-579.89K |
-0.087x | -54.84% |
| 2013-12-31 | CA$9.89 Million ≈ $7.15 Million |
CA$-552.39K ≈ $-399.59K |
-0.056x | +40.07% |
| 2012-12-31 | CA$10.61 Million ≈ $7.68 Million |
CA$-989.38K ≈ $-715.70K |
-0.093x | -9.99% |
| 2011-12-31 | CA$11.17 Million ≈ $8.08 Million |
CA$-946.32K ≈ $-684.55K |
-0.085x | -20.55% |
| 2010-12-31 | CA$9.95 Million ≈ $7.20 Million |
CA$-699.63K ≈ $-506.10K |
-0.070x | -517.56% |
| 2009-12-31 | CA$5.96 Million ≈ $4.31 Million |
CA$100.29K ≈ $72.55K |
0.017x | +201.36% |
| 2008-12-31 | CA$5.50 Million ≈ $3.98 Million |
CA$-91.38K ≈ $-66.10K |
-0.017x | +81.43% |
| 2007-12-31 | CA$5.54 Million ≈ $4.01 Million |
CA$-495.40K ≈ $-358.36K |
-0.089x | -- |
About Cartier Resources Inc
Cartier Resources Inc. engages in the acquisition and exploration of mining properties in Canada. The company explores for gold deposits. Its flagship project is the 100%-owned Cadillac project, which consists of 325 exclusive exploration rights covering an area of 14,000 hectares located to the east of the Val-d'Or mining camp, Abitibi, Quebec. The company was formerly known as Investissements S… Read more