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. Also see how much is Maritime Resources Corp. worth for the company's overall valuation and market capitalisation.

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. Explore Maritime Resources Corp. earnings quality ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Verb Technology Company Inc NASDAQ:VERB	-0.004x
KlaraBo Sverige AB Series B ST:KLARA-B	0.001x
Cardiol Therapeutics Inc Class A TO:CRDL	-0.292x
AME REIT KLSE:5307	0.021x
Hinduja Global Solutions Limited NSE:HGS	0.011x
AIRA Capital Public Company Limited BK:AIRA	0.109x
AGILYX ASA NK -02 F:5NQ	N/A
RCI Hospitality Holdings Inc NASDAQ:RICK	0.051x

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. View Maritime Resources Corp. stock quote for real-time trading data and today's change.

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

#16651 Global

#520 in Canada

Share Price

CA$2.24

Change (1 day)

+5.16%

52-Week Range

CA$1.88 - CA$2.83

All Time High

CA$2.83