Canadian Spirit Resources Inc Cash Flow Conversion Efficiency

Latest as of March 2026: -0.021x

Canadian Spirit Resources Inc cash flow conversion efficiency. Based on the latest financial reports, Canadian Spirit Resources Inc (SPI) has a cash flow conversion efficiency ratio of -0.021x 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$-175.90K ≈ $-127.24K USD) by net assets (CA$8.18 Million ≈ $5.92 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 Canadian Spirit Resources Inc (2013–2024)

Cash flow conversion efficiency of Canadian Spirit Resources Inc from 2013 to 2024. This chart illustrates how Canadian Spirit Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View SPI share price today for real-time trading data and today's change.

Canadian Spirit Resources Inc Cash Flow Conversion Ratio Explained

Canadian Spirit Resources Inc 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.

Canadian Spirit Resources Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Canadian Spirit Resources Inc ranked by their cash flow conversion efficiency. Also see Canadian Spirit Resources Inc market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Steadfast Marine PT JK:KPAL	-0.009x
Osia Hyper Retail Limited NSE:OSIAHYPER	-0.012x
Norden Crown Metals Corp V:NOCR	-3.361x
WOODPECKER.CO ZY -10 F:8FG	0.066x
Bubalus Resources Ltd AU:BUS	-0.072x
Auravelle Metals Limited AU:AUV	-0.995x
EMMERSON PLC O.N. F:4UM	N/A
Bounty Oil & Gas NL AU:BUY	-0.034x

Annual Cash Flow Conversion Efficiency for Canadian Spirit Resources Inc (2013–2024)

The table below shows the annual cash flow conversion efficiency of Canadian Spirit Resources Inc from 2013 to 2024. Review SPI FCF generation index 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
2024-12-31	CA$9.03 Million ≈ $6.54 Million	CA$-1.46 Million ≈ $-1.06 Million	-0.162x	-238.23%
2023-12-31	CA$27.65 Million ≈ $20.00 Million	CA$-1.32 Million ≈ $-956.62K	-0.048x	-31.07%
2022-12-31	CA$36.51 Million ≈ $26.41 Million	CA$-1.33 Million ≈ $-963.70K	-0.036x	-15.04%
2021-12-31	CA$36.65 Million ≈ $26.51 Million	CA$-1.16 Million ≈ $-840.83K	-0.032x	-43.74%
2020-12-31	CA$36.05 Million ≈ $26.08 Million	CA$-795.35K ≈ $-575.34K	-0.022x	+31.37%
2019-12-31	CA$36.38 Million ≈ $26.32 Million	CA$-1.17 Million ≈ $-846.03K	-0.032x	-34.26%
2018-12-31	CA$37.75 Million ≈ $27.31 Million	CA$-903.96K ≈ $-653.91K	-0.024x	-59.40%
2017-12-31	CA$43.55 Million ≈ $31.51 Million	CA$-654.31K ≈ $-473.32K	-0.015x	-28.69%
2016-12-31	CA$42.98 Million ≈ $31.09 Million	CA$-501.73K ≈ $-362.95K	-0.012x	+0.22%
2015-12-31	CA$70.89 Million ≈ $51.28 Million	CA$-829.32K ≈ $-599.92K	-0.012x	-134.79%
2014-12-31	CA$71.04 Million ≈ $51.39 Million	CA$-354.01K ≈ $-256.09K	-0.005x	+23.96%
2013-12-31	CA$61.19 Million ≈ $44.26 Million	CA$-400.99K ≈ $-290.07K	-0.007x	--

About Canadian Spirit Resources Inc

V:SPI Canada Oil & Gas E&P

Market Cap

$3.13 Million

CA$4.32 Million CAD

Market Cap Rank

#29391 Global

#1367 in Canada

Share Price

CA$0.02

Change (1 day)

+0.00%

52-Week Range

CA$0.01 - CA$0.03

All Time High

CA$0.20