Strategic Resources Inc Cash Flow Conversion Efficiency
Strategic Resources Inc 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.
Cash Flow Conversion Efficiency of Strategic Resources Inc (2015–2022)
Cash flow conversion efficiency of Strategic Resources Inc from 2015 to 2022. This chart illustrates how Strategic Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View SR share price today for real-time trading data and today's change.
Strategic Resources Inc Cash Flow Conversion Ratio Explained
Strategic 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.
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. Also see Strategic Resources Inc market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Weststar Industrial Ltd
AU:WSI
|
-0.175x |
|
Fab-Form Industries Ltd.
V:FBF
|
0.059x |
|
Raj Oil Mills Limited
NSE:ROML
|
1.915x |
|
Together Startup Network Ltd
TA:TGTR
|
-0.149x |
|
Jinxin Technology Holding Company American Depositary Shares
NASDAQ:NAMI
|
-0.027x |
|
Metro Realty Tbk
JK:MTSM
|
-0.091x |
|
Hemostemix Inc
V:HEM
|
0.839x |
|
Sipa Resources Ltd
AU:SRI
|
-1.068x |
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. Review SR FCF to total liabilities ratio to assess the company's free cash flow relative to its total liabilities.
| 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.