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 0.000x 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$-11.94K) by net assets (CA$39.36 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cartier Resources Inc - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Cartier Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
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 |
|---|---|
|
SAURASHTRA CEM B ORD (BSE)
NSE:SAURASHCEM
|
N/A |
|
Fortune Information Systems Corp
TW:2468
|
0.088x |
|
AXON PARTNERS GRP EO -10
F:XE1
|
N/A |
|
Northern Technologies
NASDAQ:NTIC
|
0.004x |
|
AVE S.A.
AT:AVE
|
-1.291x |
|
PAPOUTSANIS SA NA.EO -54
F:Y2O
|
N/A |
|
Razor Labs Ltd
TA:RZR
|
-2.366x |
|
Altisource Portfolio Solutions SA
NASDAQ:ASPS
|
0.005x |
Annual Cash Flow Conversion Efficiency for Cartier Resources Inc (2007–2024)
The table below shows the annual cash flow conversion efficiency of Cartier Resources Inc from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$33.46 Million | CA$-1.20 Million | -0.036x | -40.72% |
| 2023-12-31 | CA$42.12 Million | CA$-1.08 Million | -0.026x | +29.74% |
| 2022-12-31 | CA$39.51 Million | CA$-1.44 Million | -0.036x | -21.97% |
| 2021-12-31 | CA$28.75 Million | CA$-856.52K | -0.030x | +16.05% |
| 2020-12-31 | CA$28.01 Million | CA$-993.83K | -0.035x | -8.15% |
| 2019-12-31 | CA$22.36 Million | CA$-733.59K | -0.033x | +33.51% |
| 2018-12-31 | CA$21.16 Million | CA$-1.04 Million | -0.049x | -19.42% |
| 2017-12-31 | CA$25.68 Million | CA$-1.06 Million | -0.041x | +7.79% |
| 2016-12-31 | CA$13.16 Million | CA$-589.67K | -0.045x | +40.04% |
| 2015-12-31 | CA$8.12 Million | CA$-607.13K | -0.075x | +13.59% |
| 2014-12-31 | CA$9.27 Million | CA$-801.63K | -0.087x | -54.84% |
| 2013-12-31 | CA$9.89 Million | CA$-552.39K | -0.056x | +40.07% |
| 2012-12-31 | CA$10.61 Million | CA$-989.38K | -0.093x | -9.99% |
| 2011-12-31 | CA$11.17 Million | CA$-946.32K | -0.085x | -20.55% |
| 2010-12-31 | CA$9.95 Million | CA$-699.63K | -0.070x | -517.56% |
| 2009-12-31 | CA$5.96 Million | CA$100.29K | 0.017x | +201.36% |
| 2008-12-31 | CA$5.50 Million | CA$-91.38K | -0.017x | +81.43% |
| 2007-12-31 | CA$5.54 Million | CA$-495.40K | -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 Cadillac project located to the east of Val-d'Or, Quebec. The company was incorporated in 2006 and is headquartered in Val-D'or, Canada.