Waseco Resources Inc. (WRI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Waseco Resources Inc. (WRI) has a cash flow conversion efficiency ratio of 0.003x as of November 2024. 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$-1.91K) by net assets (CA$-714.57K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Waseco Resources Inc. - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Waseco Resources Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Waseco Resources Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Waseco Resources Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Starwood European Real Estate Finance Ltd
LSE:SWEF
|
0.144x |
|
LeoNovus Inc
V:LTV
|
-0.006x |
|
Element79 Gold Corp.
F:7YS0
|
-0.115x |
|
IRWIN NATURALS INC.
F:97X
|
N/A |
|
Cogia AG
DU:8HC
|
N/A |
|
Universal Partners Ltd
JSE:UPL
|
0.018x |
|
Calculus VCT plc
LSE:CLC
|
-0.007x |
|
Upland Resources Ltd
LSE:UPL
|
-0.319x |
Annual Cash Flow Conversion Efficiency for Waseco Resources Inc. (2014–2024)
The table below shows the annual cash flow conversion efficiency of Waseco Resources Inc. from 2014 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-02-29 | CA$-695.36K | CA$-48.63K | 0.070x | +171.86% |
| 2023-02-28 | CA$-644.52K | CA$-16.58K | 0.026x | -45.23% |
| 2022-02-28 | CA$-867.59K | CA$-40.75K | 0.047x | +124.01% |
| 2021-02-28 | CA$-841.73K | CA$-17.65K | 0.021x | -80.98% |
| 2020-02-29 | CA$-908.54K | CA$-100.17K | 0.110x | -33.20% |
| 2019-02-28 | CA$-875.83K | CA$-144.55K | 0.165x | -32.17% |
| 2018-02-28 | CA$-637.57K | CA$-155.13K | 0.243x | -72.03% |
| 2017-02-28 | CA$-486.63K | CA$-423.27K | 0.870x | +124.62% |
| 2016-02-29 | CA$-457.35K | CA$-177.10K | 0.387x | +681.04% |
| 2015-02-28 | CA$-416.20K | CA$-20.64K | 0.050x | -88.84% |
| 2014-02-28 | CA$-190.52K | CA$-84.63K | 0.444x | -- |
About Waseco Resources Inc.
Waseco Resources Inc., an exploration stage company, engages in the acquisition, exploration, development, and production of mineral properties in Canada. The company explores for gold, uranium, and diamond deposits. It holds interests in the Quebec-Labrador Trough uranium prospect; and the James Bay Lowlands project, consisting of 2,440-acre located in Northern Ontario. Waseco Resources Inc. was… Read more