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 ≈ $-1.38K USD) by net assets (CA$-714.57K ≈ $-516.91K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see WRI market cap overview for the company's overall valuation and market capitalisation.
Waseco Resources Inc. - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Waseco Resources Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Waseco Resources Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Waseco Resources Inc. ranked by their cash flow conversion efficiency. Explore WRI cash to earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Starwood European Real Estate Finance Ltd
LSE:SWEF
|
0.144x |
|
PCI-PAL PLC
LSE:PCIP
|
-0.753x |
|
LeoNovus Inc
V:LTV
|
0.004x |
|
Smart Agro LP
TA:SMAG
|
-0.066x |
|
Black Spruce Exploration Inc.
V:BARK
|
-0.002x |
|
Vitality Products Inc
V:VPI
|
0.015x |
|
Sozap Publ AB
ST:SOZAP
|
0.032x |
|
Gulf Resources Inc
F:R29B
|
-0.004x |
Annual Cash Flow Conversion Efficiency for Waseco Resources Inc. (2014–2024)
The table below shows the annual cash flow conversion efficiency of Waseco Resources Inc. from 2014 to 2024. View Waseco Resources Inc. share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-02-29 | CA$-695.36K ≈ $-503.01K |
CA$-48.63K ≈ $-35.18K |
0.070x | +171.86% |
| 2023-02-28 | CA$-644.52K ≈ $-466.24K |
CA$-16.58K ≈ $-11.99K |
0.026x | -45.23% |
| 2022-02-28 | CA$-867.59K ≈ $-627.60K |
CA$-40.75K ≈ $-29.48K |
0.047x | +124.01% |
| 2021-02-28 | CA$-841.73K ≈ $-608.90K |
CA$-17.65K ≈ $-12.77K |
0.021x | -80.98% |
| 2020-02-29 | CA$-908.54K ≈ $-657.22K |
CA$-100.17K ≈ $-72.46K |
0.110x | -33.20% |
| 2019-02-28 | CA$-875.83K ≈ $-633.56K |
CA$-144.55K ≈ $-104.57K |
0.165x | -32.17% |
| 2018-02-28 | CA$-637.57K ≈ $-461.20K |
CA$-155.13K ≈ $-112.22K |
0.243x | -72.03% |
| 2017-02-28 | CA$-486.63K ≈ $-352.02K |
CA$-423.27K ≈ $-306.19K |
0.870x | +124.62% |
| 2016-02-29 | CA$-457.35K ≈ $-330.84K |
CA$-177.10K ≈ $-128.11K |
0.387x | +681.04% |
| 2015-02-28 | CA$-416.20K ≈ $-301.08K |
CA$-20.64K ≈ $-14.93K |
0.050x | -88.84% |
| 2014-02-28 | CA$-190.52K ≈ $-137.82K |
CA$-84.63K ≈ $-61.22K |
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