Stinger Resources Inc (STNG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Stinger Resources Inc (STNG) has a cash flow conversion efficiency ratio of -0.044x as of June 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$-261.78K ≈ $-189.36K USD) by net assets (CA$5.94 Million ≈ $4.29 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 Stinger Resources Inc balance sheet independence to measure how much of total assets are equity-financed.
Stinger Resources Inc - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Stinger Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check STNG operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Stinger Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Stinger Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GRUPUL INDUSTRIAL ELECTROCONTACT S.A.
RO:ECT
|
N/A |
|
UIL Ltd
LSE:UTL
|
0.057x |
|
Reinhold Europe AB
WAR:RHD
|
0.023x |
|
Indigo Exploration Inc.
V:IXI
|
-0.020x |
|
Key Alliance Group Bhd
KLSE:0036
|
1.245x |
|
Lucapa Diamond Co Ltd
F:NHY
|
-0.007x |
|
Braille Energy Systems Inc
V:BES
|
-0.049x |
|
Candela Invest SA
BR:CAND
|
0.050x |
Annual Cash Flow Conversion Efficiency for Stinger Resources Inc (2020–2024)
The table below shows the annual cash flow conversion efficiency of Stinger Resources Inc from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see STNG company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$6.29 Million ≈ $4.55 Million |
CA$-1.11 Million ≈ $-801.09K |
-0.176x | -57.00% |
| 2023-12-31 | CA$7.74 Million ≈ $5.60 Million |
CA$-867.48K ≈ $-627.52K |
-0.112x | -0.08% |
| 2022-12-31 | CA$8.90 Million ≈ $6.44 Million |
CA$-996.99K ≈ $-721.21K |
-0.112x | -113.80% |
| 2021-12-31 | CA$11.47 Million ≈ $8.30 Million |
CA$-600.81K ≈ $-434.62K |
-0.052x | -- |
| 2020-12-31 | CA$1.00 ≈ $0.72 |
CA$0.00 ≈ $0.00 |
0.000x | -- |
About Stinger Resources Inc
Stinger Resources Inc. engages in the exploration and development of mineral properties in Canada. It explores for sulphide deposits with copper, gold, silver, lead, and zinc, as well as other precious metals. The company was incorporated in 2020 and is headquartered in Cardston, Canada.