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 debt-free asset ratio of Maritime Resources Corp. to measure how much of total assets are equity-financed.

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. Check Maritime Resources Corp. cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Imagesat International ISI Ltd TA:ISI	0.108x
Waldencast Acquisition Corp NASDAQ:WALD	-0.003x
Partron Co. Ltd KQ:091700	0.085x
Hindware Home Innovation Limited NSE:HINDWAREAP	0.082x
Huons Co. Ltd KQ:243070	0.028x
Inesa Intelligent Tech Inc B SHG:900901	-0.009x
Skue Sparebank OL:SKUE	0.056x
WildBrain Ltd TO:WILD	0.095x

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. market cap and net worth.

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

#16485 Global

#504 in Canada

Share Price

CA$2.24

Change (1 day)

+5.16%

52-Week Range

CA$1.20 - CA$2.83

All Time High

CA$2.83