Atlas Salt Inc (SALT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Atlas Salt Inc (SALT) has a cash flow conversion efficiency ratio of -0.063x as of March 2026. 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$-1.48 Million ≈ $-1.07 Million USD) by net assets (CA$23.62 Million ≈ $17.09 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 SALT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Atlas Salt Inc - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Atlas Salt Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Atlas Salt Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Atlas Salt Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lake Superior Acquisition Corp. Class A Ordinary Shares
NASDAQ:LKSP
|
-0.003x |
|
Nano X Imaging Ltd
NASDAQ:NNOX
|
-0.082x |
|
Daishin Securities Co Ltd Pref 2
KO:003547
|
-0.415x |
|
One and One Green Technologies. Inc Class A Ordinary Shares
NASDAQ:YDDL
|
N/A |
|
Cardiol Therapeutics Inc Class A
TO:CRDL
|
-0.292x |
|
IRM ENERGY LTD
NSE:IRMENERGY
|
0.085x |
|
The Pinkfong Company
KQ:403850
|
0.045x |
|
Acres Commercial Realty Corp
NYSE:ACR
|
-0.022x |
Annual Cash Flow Conversion Efficiency for Atlas Salt Inc (2017–2025)
The table below shows the annual cash flow conversion efficiency of Atlas Salt Inc from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see SALT market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$24.49 Million ≈ $17.72 Million |
CA$-5.30 Million ≈ $-3.83 Million |
-0.216x | -329.13% |
| 2024-12-31 | CA$20.27 Million ≈ $14.66 Million |
CA$-1.02 Million ≈ $-739.09K |
-0.050x | +68.32% |
| 2023-12-31 | CA$21.78 Million ≈ $15.75 Million |
CA$-3.47 Million ≈ $-2.51 Million |
-0.159x | -120.99% |
| 2022-12-31 | CA$14.81 Million ≈ $10.71 Million |
CA$-1.07 Million ≈ $-771.66K |
-0.072x | +26.89% |
| 2021-12-31 | CA$10.83 Million ≈ $7.83 Million |
CA$-1.07 Million ≈ $-771.66K |
-0.099x | -62.11% |
| 2020-12-31 | CA$1.81 Million ≈ $1.31 Million |
CA$-110.16K ≈ $-79.69K |
-0.061x | +60.39% |
| 2019-12-31 | CA$1.93 Million ≈ $1.40 Million |
CA$-296.38K ≈ $-214.40K |
-0.153x | -321.05% |
| 2018-12-31 | CA$1.81 Million ≈ $1.31 Million |
CA$-66.02K ≈ $-47.76K |
-0.036x | -783.29% |
| 2017-12-31 | CA$1.90 Million ≈ $1.37 Million |
CA$10.11K ≈ $7.31K |
0.005x | -- |
About Atlas Salt Inc
Atlas Salt Inc. engages in the evaluation and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for salt and nepheline deposits. Its principal asset is the 100% owned Great Atlantic salt project in the St. George's Bay Basin of western Newfoundland. The company was formerly known as Red Moon Resources Inc. and changed its name to Atlas Salt Inc. in Augus… Read more