Maritime Resources Corp. Cash Flow Conversion Efficiency

Latest as of June 2025: 0.038x

Maritime Resources Corp. cash flow conversion efficiency. 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. Also see market value of Maritime Resources Corp. for the company's overall valuation and market capitalisation.

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

Cash flow conversion efficiency of Maritime Resources Corp. from 2007 to 2024. This chart illustrates how Maritime Resources Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Maritime Resources Corp. for real-time trading data and today's change.

Maritime Resources Corp. Cash Flow Conversion Ratio Explained

Maritime Resources Corp. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Review Maritime Resources Corp. free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Mosel Vitelic Inc TW:2342	-0.011x
E. W. Scripps Co Class A NASDAQ:SSP	0.135x
TBS Energi Utama Tbk PT JK:TOBA	0.173x
KPX Chemical KO:025000	0.013x
Export Inv TA:EXPO	0.037x
PT Multikarya Asia Pacific Ray JK:MKAP	0.080x
Symphony International Holdings Ltd LSE:SIHL	-0.006x
Niagen Bioscience, Inc. NASDAQ:NAGE	0.034x

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. Also see MAE total assets for a full breakdown of the balance sheet.

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

#16421 Global

#496 in Canada

Share Price

CA$2.24

Change (1 day)

+5.16%

52-Week Range

CA$1.96 - CA$2.24

All Time High

CA$2.83