49 North Resources Inc (FNR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, 49 North Resources Inc (FNR) has a cash flow conversion efficiency ratio of 0.003x 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$21.00K ≈ $15.19K USD) by net assets (CA$7.84 Million ≈ $5.67 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
49 North Resources Inc - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how 49 North Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of 49 North Resources Inc for a breakdown of total debt and financial obligations.
49 North Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of 49 North Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ensysce Biosciences Inc
NASDAQ:ENSC
|
-0.529x |
|
Randgold Exploration
JSE:RNG
|
0.000x |
|
AquaBounty Technologies Inc
NASDAQ:AQB
|
-134.911x |
|
Mare Nostrum
PA:ALMAR
|
-0.054x |
|
Emetals Ltd
AU:EMT
|
-0.055x |
|
NR 21 S.A.
PA:NR21
|
-0.008x |
|
Fintec Global Bhd
KLSE:0150
|
0.001x |
|
Prominence Energy Ltd
AU:PRM
|
-0.560x |
Annual Cash Flow Conversion Efficiency for 49 North Resources Inc (2006–2024)
The table below shows the annual cash flow conversion efficiency of 49 North Resources Inc from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see 49 North Resources Inc (FNR) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$8.50 Million ≈ $6.15 Million |
CA$-73.00K ≈ $-52.81K |
-0.009x | +56.67% |
| 2023-12-31 | CA$8.03 Million ≈ $5.81 Million |
CA$-159.00K ≈ $-115.02K |
-0.020x | +29.10% |
| 2022-12-31 | CA$10.84 Million ≈ $7.84 Million |
CA$-303.00K ≈ $-219.19K |
-0.028x | +70.69% |
| 2021-12-31 | CA$18.73 Million ≈ $13.55 Million |
CA$-1.79 Million ≈ $-1.29 Million |
-0.095x | -595.57% |
| 2020-12-31 | CA$23.71 Million ≈ $17.15 Million |
CA$-325.00K ≈ $-235.10K |
-0.014x | -118.54% |
| 2019-12-31 | CA$7.67 Million ≈ $5.55 Million |
CA$567.00K ≈ $410.16K |
0.074x | +72.04% |
| 2018-12-31 | CA$7.35 Million ≈ $5.32 Million |
CA$316.00K ≈ $228.59K |
0.043x | +262.19% |
| 2017-12-31 | CA$13.96 Million ≈ $10.10 Million |
CA$-370.00K ≈ $-267.65K |
-0.027x | +82.08% |
| 2016-12-31 | CA$14.18 Million ≈ $10.26 Million |
CA$-2.10 Million ≈ $-1.52 Million |
-0.148x | +47.35% |
| 2015-12-31 | CA$7.27 Million ≈ $5.26 Million |
CA$-2.04 Million ≈ $-1.48 Million |
-0.281x | -103.94% |
| 2014-12-31 | CA$-718.00K ≈ $-519.39K |
CA$-5.12 Million ≈ $-3.71 Million |
7.134x | +3035.14% |
| 2013-12-31 | CA$13.87 Million ≈ $10.04 Million |
CA$-3.37 Million ≈ $-2.44 Million |
-0.243x | -142.90% |
| 2012-12-31 | CA$34.36 Million ≈ $24.86 Million |
CA$-3.44 Million ≈ $-2.49 Million |
-0.100x | -541.24% |
| 2011-12-31 | CA$55.34 Million ≈ $40.04 Million |
CA$1.25 Million ≈ $907.85K |
0.023x | +215.08% |
| 2010-12-31 | CA$54.31 Million ≈ $39.29 Million |
CA$-1.07 Million ≈ $-774.17K |
-0.020x | +76.79% |
| 2009-12-31 | CA$32.25 Million ≈ $23.33 Million |
CA$-2.74 Million ≈ $-1.98 Million |
-0.085x | +88.54% |
| 2008-12-31 | CA$3.72 Million ≈ $2.69 Million |
CA$-2.75 Million ≈ $-1.99 Million |
-0.741x | -1109.38% |
| 2007-12-31 | CA$22.35 Million ≈ $16.16 Million |
CA$-1.37 Million ≈ $-989.97K |
-0.061x | -115.05% |
| 2006-12-31 | CA$6.08 Million ≈ $4.40 Million |
CA$-173.15K ≈ $-125.26K |
-0.028x | -- |
About 49 North Resources Inc
49 North Resources Inc. is a venture capital firm specializing in seed capital and early stage investments. The firm typically invests in a diversified portfolio of common shares and other securities of resource issuers including all sectors of mineral exploration as well as oil and gas exploration and production around the globe. It focuses on resource issuers with exploration programs in Saskat… Read more