Vitreous Glass Inc (VCI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Vitreous Glass Inc (VCI) has a cash flow conversion efficiency ratio of 0.226x 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$1.20 Million ≈ $867.01K USD) by net assets (CA$5.30 Million ≈ $3.83 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 Vitreous Glass Inc balance sheet independence to measure how much of total assets are equity-financed.
Vitreous Glass Inc - Cash Flow Conversion Efficiency Trend (1996–2025)
This chart illustrates how Vitreous Glass Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check VCI cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Vitreous Glass Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Vitreous Glass Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Grace Therapeutics, Inc.
NASDAQ:GRCE
|
-0.034x |
|
Avertronics
TWO:3597
|
0.003x |
|
Carmit
TA:CRMT
|
0.031x |
|
HPP Holdings Bhd
KLSE:0228
|
-0.006x |
|
Mitie Group PLC
LSE:MTO
|
0.290x |
|
Cnova NV
PA:CNV
|
-0.063x |
|
Gadang Holdings Bhd
KLSE:9261
|
0.000x |
|
Ecoplastic Corporation
KQ:038110
|
0.021x |
Annual Cash Flow Conversion Efficiency for Vitreous Glass Inc (1996–2025)
The table below shows the annual cash flow conversion efficiency of Vitreous Glass Inc from 1996 to 2025. For the full company profile with market capitalisation and key ratios, see Vitreous Glass Inc market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | CA$5.00 Million ≈ $3.62 Million |
CA$3.47 Million ≈ $2.51 Million |
0.695x | +19.93% |
| 2024-09-30 | CA$4.02 Million ≈ $2.91 Million |
CA$2.33 Million ≈ $1.68 Million |
0.579x | -26.50% |
| 2023-09-30 | CA$4.15 Million ≈ $3.00 Million |
CA$3.27 Million ≈ $2.37 Million |
0.788x | +70.37% |
| 2022-09-30 | CA$4.26 Million ≈ $3.08 Million |
CA$1.97 Million ≈ $1.42 Million |
0.462x | -57.42% |
| 2021-09-30 | CA$4.16 Million ≈ $3.01 Million |
CA$4.52 Million ≈ $3.27 Million |
1.086x | +75.95% |
| 2020-09-30 | CA$4.24 Million ≈ $3.07 Million |
CA$2.62 Million ≈ $1.89 Million |
0.617x | +34.76% |
| 2019-09-30 | CA$3.81 Million ≈ $2.75 Million |
CA$1.74 Million ≈ $1.26 Million |
0.458x | +2.16% |
| 2018-09-30 | CA$4.37 Million ≈ $3.16 Million |
CA$1.96 Million ≈ $1.42 Million |
0.448x | -5.35% |
| 2017-09-30 | CA$4.39 Million ≈ $3.18 Million |
CA$2.08 Million ≈ $1.50 Million |
0.474x | -37.94% |
| 2016-09-30 | CA$4.61 Million ≈ $3.33 Million |
CA$3.52 Million ≈ $2.55 Million |
0.763x | +45.21% |
| 2015-09-30 | CA$5.11 Million ≈ $3.70 Million |
CA$2.69 Million ≈ $1.94 Million |
0.526x | +20.37% |
| 2014-09-30 | CA$5.10 Million ≈ $3.69 Million |
CA$2.23 Million ≈ $1.61 Million |
0.437x | +25.37% |
| 2013-09-30 | CA$4.82 Million ≈ $3.49 Million |
CA$1.68 Million ≈ $1.21 Million |
0.348x | +3.58% |
| 2012-09-30 | CA$5.26 Million ≈ $3.80 Million |
CA$1.77 Million ≈ $1.28 Million |
0.336x | +37.86% |
| 2011-09-30 | CA$5.00 Million ≈ $3.62 Million |
CA$1.22 Million ≈ $883.09K |
0.244x | -27.55% |
| 2010-09-30 | CA$5.14 Million ≈ $3.72 Million |
CA$1.73 Million ≈ $1.25 Million |
0.337x | +40.97% |
| 2009-09-30 | CA$5.55 Million ≈ $4.01 Million |
CA$1.33 Million ≈ $958.52K |
0.239x | -45.83% |
| 2008-09-30 | CA$5.33 Million ≈ $3.86 Million |
CA$2.35 Million ≈ $1.70 Million |
0.441x | -1.31% |
| 2007-09-30 | CA$5.35 Million ≈ $3.87 Million |
CA$2.39 Million ≈ $1.73 Million |
0.447x | +37.85% |
| 2006-09-30 | CA$6.21 Million ≈ $4.49 Million |
CA$2.01 Million ≈ $1.45 Million |
0.324x | +118.95% |
| 2005-09-30 | CA$4.83 Million ≈ $3.50 Million |
CA$715.73K ≈ $517.75K |
0.148x | -61.92% |
| 2004-09-30 | CA$4.70 Million ≈ $3.40 Million |
CA$1.83 Million ≈ $1.32 Million |
0.389x | +222.77% |
| 2003-09-30 | CA$4.41 Million ≈ $3.19 Million |
CA$-1.40 Million ≈ $-1.01 Million |
-0.317x | -3212.89% |
| 2002-09-30 | CA$4.10 Million ≈ $2.96 Million |
CA$-39.15K ≈ $-28.32K |
-0.010x | -104.04% |
| 2001-09-30 | CA$4.03 Million ≈ $2.91 Million |
CA$953.29K ≈ $689.60K |
0.237x | +196.64% |
| 2000-09-30 | CA$3.61 Million ≈ $2.61 Million |
CA$287.89K ≈ $208.26K |
0.080x | -74.26% |
| 1999-09-30 | CA$2.80 Million ≈ $2.03 Million |
CA$867.48K ≈ $627.52K |
0.310x | +657.01% |
| 1998-09-30 | CA$2.52 Million ≈ $1.82 Million |
CA$103.14K ≈ $74.61K |
0.041x | -67.19% |
| 1997-09-30 | CA$2.29 Million ≈ $1.65 Million |
CA$285.03K ≈ $206.19K |
0.125x | -4.32% |
| 1996-09-30 | CA$1.91 Million ≈ $1.38 Million |
CA$249.57K ≈ $180.53K |
0.130x | -- |
About Vitreous Glass Inc
Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Canada. It offers its products to fiberglass building insulation manufacturers for use as a raw material to insulate homes. The company was incorporated in 1992 and is headquartered in Airdrie, Canada.