Maritime Resources Corp. (MAE) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.038x

Based on the latest financial reports, Maritime Resources Corp. (MAE) has a cash flow conversion efficiency ratio of 0.038x as of June 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$2.39 Million ≈ $1.73 Million USD) by net assets (CA$63.64 Million ≈ $46.04 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 Maritime Resources Corp. (MAE) liquidity interval to measure how many days the company can operate on defensive assets alone.

Maritime Resources Corp. - Cash Flow Conversion Efficiency Trend (2007–2024)

This chart illustrates how Maritime Resources Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.

Maritime Resources Corp. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Maritime Resources Corp. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Saksoft Limited NSE:SAKSOFT	0.099x
TMC Life Sciences Bhd KLSE:0101	0.020x
Hathway Cable & Datacom Limited NSE:HATHWAY	0.027x
DeviceENG.CO.Ltd KQ:187870	-0.078x
SEG International Bhd KLSE:9792	0.429x
Sammok S-Form Co.Ltd KQ:018310	0.015x
Great China Metal Industry Co Ltd TW:9905	0.023x
Kongsberg Automotive Holding ASA OL:KOA	0.124x

Annual Cash Flow Conversion Efficiency for Maritime Resources Corp. (2007–2024)

The table below shows the annual cash flow conversion efficiency of Maritime Resources Corp. from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see Maritime Resources Corp. (MAE) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$42.55 Million ≈ $30.78 Million	CA$-3.76 Million ≈ $-2.72 Million	-0.088x	-33.15%
2023-12-31	CA$38.97 Million ≈ $28.19 Million	CA$-2.58 Million ≈ $-1.87 Million	-0.066x	-34.80%
2022-12-31	CA$37.88 Million ≈ $27.40 Million	CA$-1.86 Million ≈ $-1.35 Million	-0.049x	+5.35%
2021-12-31	CA$35.91 Million ≈ $25.98 Million	CA$-1.87 Million ≈ $-1.35 Million	-0.052x	+13.62%
2020-12-31	CA$24.89 Million ≈ $18.01 Million	CA$-1.50 Million ≈ $-1.08 Million	-0.060x	+64.20%
2019-12-31	CA$13.57 Million ≈ $9.81 Million	CA$-2.28 Million ≈ $-1.65 Million	-0.168x	+26.18%
2018-12-31	CA$9.94 Million ≈ $7.19 Million	CA$-2.26 Million ≈ $-1.64 Million	-0.228x	-10.04%
2017-12-31	CA$6.28 Million ≈ $4.54 Million	CA$-1.30 Million ≈ $-939.73K	-0.207x	+6.93%
2016-12-31	CA$5.97 Million ≈ $4.32 Million	CA$-1.33 Million ≈ $-959.90K	-0.222x	-453.82%
2015-12-31	CA$4.21 Million ≈ $3.05 Million	CA$-168.94K ≈ $-122.21K	-0.040x	+61.36%
2014-12-31	CA$4.70 Million ≈ $3.40 Million	CA$-488.27K ≈ $-353.21K	-0.104x	+6.12%
2013-12-31	CA$4.52 Million ≈ $3.27 Million	CA$-499.83K ≈ $-361.57K	-0.111x	-47.96%
2012-12-31	CA$4.30 Million ≈ $3.11 Million	CA$-321.57K ≈ $-232.62K	-0.075x	+13.24%
2011-12-31	CA$3.02 Million ≈ $2.19 Million	CA$-260.55K ≈ $-188.47K	-0.086x	+29.58%
2009-12-31	CA$531.34K ≈ $384.36K	CA$-65.03K ≈ $-47.04K	-0.122x	-103.72%
2008-12-31	CA$576.25K ≈ $416.85K	CA$-34.62K ≈ $-25.04K	-0.060x	-1225.03%
2007-12-31	CA$150.00K ≈ $108.51K	CA$801.00 ≈ $579.43	0.005x	--

About Maritime Resources Corp.

V:MAE Canada Gold

Market Cap

$200.98 Million

CA$277.83 Million CAD

Market Cap Rank

#16596 Global

#517 in Canada

Share Price

CA$2.24

Change (1 day)

+5.16%

52-Week Range

CA$0.11 - CA$2.83

All Time High

CA$2.83