Spruce Ridge Resources Ltd. Cash Flow Conversion Efficiency

Latest as of October 2025: -0.048x

Spruce Ridge Resources Ltd. cash flow conversion efficiency. Based on the latest financial reports, Spruce Ridge Resources Ltd. (SHL) has a cash flow conversion efficiency ratio of -0.048x as of October 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$-454.59K ≈ $-328.84K USD) by net assets (CA$9.50 Million ≈ $6.87 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Spruce Ridge Resources Ltd. (2001–2025)

Cash flow conversion efficiency of Spruce Ridge Resources Ltd. from 2001 to 2025. This chart illustrates how Spruce Ridge Resources Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Spruce Ridge Resources Ltd. stock price for real-time trading data and today's change.

Spruce Ridge Resources Ltd. Cash Flow Conversion Ratio Explained

Spruce Ridge Resources Ltd. 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.

Spruce Ridge Resources Ltd. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Spruce Ridge Resources Ltd. ranked by their cash flow conversion efficiency. Also see Spruce Ridge Resources Ltd. (SHL) total market value for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Polaris Office Corp KQ:041020	0.010x
Dawonsys Co.Ltd KQ:068240	0.103x
Altisource Portfolio Solutions SA NASDAQ:ASPS	0.061x
Evermore Chemical Industry Co Ltd TW:1735	-0.009x
Mdevice KQ:226590	-0.082x
CAG Group AB (publ) ST:CAG	-0.019x
KPS Corporation KQ:256940	-0.036x
Alterity Therapeutics Limited F:PBN	-0.093x

Annual Cash Flow Conversion Efficiency for Spruce Ridge Resources Ltd. (2001–2025)

The table below shows the annual cash flow conversion efficiency of Spruce Ridge Resources Ltd. from 2001 to 2025. Review Spruce Ridge Resources Ltd. free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-04-30	CA$9.59 Million ≈ $6.94 Million	CA$-1.61 Million ≈ $-1.17 Million	-0.168x	-826.95%
2024-04-30	CA$14.18 Million ≈ $10.26 Million	CA$-257.34K ≈ $-186.16K	-0.018x	+52.46%
2023-04-30	CA$10.41 Million ≈ $7.53 Million	CA$-397.27K ≈ $-287.38K	-0.038x	+79.52%
2022-04-30	CA$16.22 Million ≈ $11.74 Million	CA$-3.02 Million ≈ $-2.19 Million	-0.186x	-346.52%
2021-04-30	CA$32.22 Million ≈ $23.30 Million	CA$-1.34 Million ≈ $-972.81K	-0.042x	+51.26%
2020-04-30	CA$11.46 Million ≈ $8.29 Million	CA$-981.41K ≈ $-709.94K	-0.086x	+77.13%
2019-04-30	CA$1.37 Million ≈ $994.31K	CA$-514.84K ≈ $-372.43K	-0.375x	-475.93%
2018-04-30	CA$847.47K ≈ $613.04K	CA$-55.12K ≈ $-39.87K	-0.065x	+76.53%
2017-04-30	CA$1.06 Million ≈ $764.30K	CA$-292.77K ≈ $-211.79K	-0.277x	+19.83%
2016-04-30	CA$726.31K ≈ $525.40K	CA$-251.05K ≈ $-181.60K	-0.346x	-1370.56%
2015-04-30	CA$784.70K ≈ $567.64K	CA$21.35K ≈ $15.44K	0.027x	+106.77%
2014-04-30	CA$879.94K ≈ $636.53K	CA$-353.57K ≈ $-255.77K	-0.402x	+41.67%
2013-04-30	CA$1.33 Million ≈ $963.49K	CA$-917.50K ≈ $-663.70K	-0.689x	-551.24%
2012-04-30	CA$1.06 Million ≈ $765.01K	CA$-111.86K ≈ $-80.92K	-0.106x	-34.12%
2011-04-30	CA$5.36 Million ≈ $3.88 Million	CA$-422.95K ≈ $-305.96K	-0.079x	-8.05%
2010-04-30	CA$4.97 Million ≈ $3.60 Million	CA$-362.92K ≈ $-262.53K	-0.073x	-146.14%
2009-04-30	CA$3.03 Million ≈ $2.19 Million	CA$-89.84K ≈ $-64.99K	-0.030x	+87.90%
2008-04-30	CA$4.36 Million ≈ $3.15 Million	CA$-1.07 Million ≈ $-773.01K	-0.245x	-143.34%
2007-04-30	CA$5.47 Million ≈ $3.96 Million	CA$-550.72K ≈ $-398.38K	-0.101x	+74.71%
2006-04-30	CA$615.98K ≈ $445.59K	CA$-245.31K ≈ $-177.45K	-0.398x	+32.42%
2005-04-30	CA$489.58K ≈ $354.16K	CA$-288.50K ≈ $-208.69K	-0.589x	-96.79%
2004-04-30	CA$654.67K ≈ $473.58K	CA$-196.04K ≈ $-141.81K	-0.299x	-1279.94%
2003-04-30	CA$692.40K ≈ $500.87K	CA$-15.03K ≈ $-10.87K	-0.022x	+19.74%
2002-04-30	CA$674.56K ≈ $487.96K	CA$-18.24K ≈ $-13.19K	-0.027x	+80.55%
2001-04-30	CA$635.15K ≈ $459.46K	CA$-88.27K ≈ $-63.85K	-0.139x	--

About Spruce Ridge Resources Ltd.

V:SHL Canada Other Industrial Metals & Mining

Market Cap

$65.42 Million

CA$90.44 Million CAD

Market Cap Rank

#20658 Global

#692 in Canada

Share Price

CA$0.40

Change (1 day)

+0.00%

52-Week Range

CA$0.08 - CA$0.70

All Time High

CA$0.70