Waseco Resources Inc. Cash Flow Conversion Efficiency
Waseco Resources Inc. 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 ≈ $-516.91K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Waseco Resources Inc. (2014–2024)
Cash flow conversion efficiency of Waseco Resources Inc. from 2014 to 2024. This chart illustrates how Waseco Resources Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View WRI stock price and chart for real-time trading data and today's change.
Waseco Resources Inc. Cash Flow Conversion Ratio Explained
Waseco Resources Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Waseco Resources Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Waseco Resources Inc. ranked by their cash flow conversion efficiency. Also see market cap of Waseco Resources Inc. for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Starwood European Real Estate Finance Ltd
LSE:SWEF
|
0.144x |
|
Poolbeg Pharma PLC
LSE:POLB
|
-0.251x |
|
LeoNovus Inc
V:LTV
|
-0.001x |
|
IRWIN NATURALS INC.
F:97X
|
N/A |
|
Volvere PLC
LSE:VLE
|
0.004x |
|
Vitality Products Inc
V:VPI
|
0.015x |
|
Sozap Publ AB
ST:SOZAP
|
0.032x |
|
Gulf Resources Inc
F:R29B
|
-0.004x |
Annual Cash Flow Conversion Efficiency for Waseco Resources Inc. (2014–2024)
The table below shows the annual cash flow conversion efficiency of Waseco Resources Inc. from 2014 to 2024. Review cash generation quality of Waseco Resources Inc. to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-02-29 | CA$-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