Strategic Resources Inc (SR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Strategic Resources Inc (SR) has a cash flow conversion efficiency ratio of -0.016x as of March 2023. 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$-2.20 Million ≈ $-1.59 Million USD) by net assets (CA$141.09 Million ≈ $102.06 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Strategic Resources Inc - Cash Flow Conversion Efficiency Trend (2015–2022)
This chart illustrates how Strategic Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Strategic Resources Inc for a breakdown of total debt and financial obligations.
Strategic Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Strategic Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ITM Power
LSE:ITM
|
-0.009x |
|
ShreeOswal Seeds And Chemicals Limited
NSE:OSWALSEEDS
|
0.007x |
|
SARAMA RESOURCES LTD
F:48S1
|
N/A |
|
QPR Software Oyj
HE:QPR1V
|
-0.282x |
|
Arita Prima Indonesia Tbk
JK:APII
|
0.022x |
|
Pioneerindo Gourmet International
JK:PTSP
|
0.178x |
|
Samfine Creation Holdings Group Limited
NASDAQ:SFHG
|
-0.041x |
|
Lepidico Ltd
AU:LPD
|
0.000x |
Annual Cash Flow Conversion Efficiency for Strategic Resources Inc (2015–2022)
The table below shows the annual cash flow conversion efficiency of Strategic Resources Inc from 2015 to 2022. For the full company profile with market capitalisation and key ratios, see SR market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | CA$4.08 Million ≈ $2.95 Million |
CA$-6.09 Million ≈ $-4.40 Million |
-1.491x | -3.23% |
| 2021-12-31 | CA$4.77 Million ≈ $3.45 Million |
CA$-6.89 Million ≈ $-4.98 Million |
-1.444x | -15.84% |
| 2020-12-31 | CA$5.52 Million ≈ $4.00 Million |
CA$-6.89 Million ≈ $-4.98 Million |
-1.247x | -300.28% |
| 2019-12-31 | CA$5.52 Million ≈ $3.99 Million |
CA$-1.72 Million ≈ $-1.24 Million |
-0.311x | +93.81% |
| 2018-12-31 | CA$8.84K ≈ $6.39K |
CA$-44.43K ≈ $-32.14K |
-5.028x | -40.76% |
| 2017-12-31 | CA$68.97K ≈ $49.89K |
CA$-246.34K ≈ $-178.20K |
-3.572x | -277.16% |
| 2016-12-31 | CA$290.15K ≈ $209.89K |
CA$-274.78K ≈ $-198.77K |
-0.947x | -281.53% |
| 2015-12-31 | CA$-146.75K ≈ $-106.15K |
CA$-76.56K ≈ $-55.38K |
0.522x | -- |
About Strategic Resources Inc
Strategic Resources Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of iron, vanadium, titanium, and other metal properties in Canada and Finland. Its flagship property is the BlackRock project, a vanadium-titanium-iron project located in Québec, Canada. The company is headquartered in Montreal, Canada.