Fortune Bay Corp (FOR) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.022x

Based on the latest financial reports, Fortune Bay Corp (FOR) has a cash flow conversion efficiency ratio of -0.022x 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$-542.80K ≈ $-392.66K USD) by net assets (CA$24.27 Million ≈ $17.56 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 FOR equity to assets ratio to measure how much of total assets are equity-financed.

Fortune Bay Corp - Cash Flow Conversion Efficiency Trend (2014–2024)

This chart illustrates how Fortune Bay Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Fortune Bay Corp cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Fortune Bay Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Fortune Bay Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Impresa - Sociedade Gestora de Participações Sociais S.A LS:IPR	-0.174x
AtlasClear Holdings, Inc. NYSE MKT:ATCH	-0.081x
Innovative Solutions Ecosystem SA MC:ISE	0.011x
TRC Synergy Bhd KLSE:5054	0.089x
Rekah Pharmaceutical Industry Ltd TA:REKA	0.037x
Shengfeng Development Limited Class A Ordinary Shares NASDAQ:SFWL	-0.112x
DNA Biomed Solns TA:DNA	-0.003x
Denge Yatirim Holding AS IS:DENGE	-0.187x

Annual Cash Flow Conversion Efficiency for Fortune Bay Corp (2014–2024)

The table below shows the annual cash flow conversion efficiency of Fortune Bay Corp from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see FOR market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$21.96 Million ≈ $15.89 Million	CA$-511.48K ≈ $-370.00K	-0.023x	+26.54%
2023-12-31	CA$22.53 Million ≈ $16.30 Million	CA$-714.35K ≈ $-516.75K	-0.032x	+37.22%
2022-12-31	CA$22.88 Million ≈ $16.55 Million	CA$-1.16 Million ≈ $-836.08K	-0.051x	+27.27%
2021-12-31	CA$23.75 Million ≈ $17.18 Million	CA$-1.65 Million ≈ $-1.19 Million	-0.069x	-13.70%
2020-12-31	CA$18.00 Million ≈ $13.02 Million	CA$-1.10 Million ≈ $-795.05K	-0.061x	-437.66%
2019-12-31	CA$14.47 Million ≈ $10.47 Million	CA$-164.40K ≈ $-118.92K	-0.011x	+67.03%
2018-12-31	CA$15.04 Million ≈ $10.88 Million	CA$-518.23K ≈ $-374.88K	-0.034x	-55.65%
2017-12-31	CA$14.80 Million ≈ $10.71 Million	CA$-327.66K ≈ $-237.02K	-0.022x	+12.25%
2016-12-31	CA$15.33 Million ≈ $11.09 Million	CA$-386.69K ≈ $-279.73K	-0.025x	-74.64%
2015-12-31	CA$14.96 Million ≈ $10.82 Million	CA$-216.02K ≈ $-156.26K	-0.014x	-52216.40%
2014-12-31	CA$14.62 Million ≈ $10.58 Million	CA$-403.57 ≈ $-291.94	0.000x	--

About Fortune Bay Corp

V:FOR Canada Gold

Market Cap

$32.50 Million

CA$44.93 Million CAD

Market Cap Rank

#23455 Global

#854 in Canada

Share Price

CA$0.66

Change (1 day)

+3.13%

52-Week Range

CA$0.52 - CA$1.17

All Time High

CA$1.54