Top Companies by Cash Flow Conversion Efficiency

Compare companies based on how efficiently their net assets generate operating cash flow

Total Companies

39,739

Top Efficiency

x

Countries Tracked

42

Last Updated

Mar 2026
Quarterly Updates
Rank Company Efficiency Ratio Operating Cash Flow Net Assets Country Price
101 RAJAF
OTCQB:RAJAF 		8.352x $-1.27 Million $-151.80K USA $9.22
102 Sabine Royalty Trust
NYSE:SBR 		8.048x $60.68 Million $7.54 Million USA $75.30
103 Santhera Pharmaceuticals Holding AG
PINK:SPHDF 		8.037x $-20.60 Million $-2.56 Million USA $17.01
104 N1 Holdings Ltd
AU:N1H 		8.014x AU$24.20 Million AU$3.02 Million Australia AU$0.11
105 UET United Electronic Technology AG
XETRA:CFC 		8.013x €949.00K €118.43K Germany €0.59
106 TFN Football Network
PINK:TFBN 		7.932x $-113.75K $-14.34K USA $0.00
107 Adsouth Partners Inc
PINK:ASPR 		7.826x $-24.43K $-3.12K USA $0.00
108 Electriq Power Holdings, Inc.
PINK:ELIQQ 		7.743x $-22.12 Million $-2.86 Million USA $0.00
109 Momentus Inc
NASDAQ:MNTS 		7.670x $-5.32 Million $-694.00K USA $4.59
110 ETAO International Co., Ltd.
PINK:ETAOF 		7.389x $11.32 Million $1.53 Million USA $0.00
111 Taylor Consulting Inc
PINK:TAYO 		7.311x $-185.81K $-25.41K USA $0.00
112 CYTOKINETICS
MU:KK3A 		7.296x €-101.50 Million €-13.91 Million Germany €54.85
113 PSRHF
PINK:PSRHF 		7.229x $-1.37 Million $-190.03K USA $0.34
114 Alfi Inc.
PINK:ALFIQ 		7.211x $-3.95 Million $-547.71K USA $0.00
115 51Talk Online Education Group
NYSE MKT:COE 		7.171x $-170.73 Million $-23.81 Million USA $19.30
116 Inpex Corporation
PINK:IPXHF 		7.148x $228.77 Billion $32.00 Billion USA $14.09
117 Fractyl Health, Inc. Common Stock
NASDAQ:GUTS 		7.147x $-22.71 Million $-3.18 Million USA $0.46
118 Arzum Elektrikli Ev Aletleri Sanayi ve Ticaret AS
IS:ARZUM 		7.089x TL1.10 Billion TL155.34 Million Turkey TL2.67
119 EPWK Holdings Ltd. Class A Ordinary Shares
NASDAQ:EPWK 		7.076x $-734.92K $-103.86K USA $0.75
120 Hemogenyx Pharmaceuticals Plc
PINK:HOPHF 		6.924x $-5.19 Million $-750.11K USA $1.24
121 Intelicare Holdings Ltd
AU:ICR 		6.917x AU$-1.54 Million AU$-222.63K Australia AU$0.02
122 Lucibel
PA:ALUCI 		6.802x €-1.14 Million €-167.00K France €6.20
123 Traka Resources Ltd
AU:TKL 		6.791x AU$-638.47K AU$-94.02K Australia AU$0.00
124 Utilicraft Aerospace Industries Inc
PINK:UITA 		6.773x $-57.17K $-8.44K USA $0.00
125 IHS Holding Ltd
NYSE:IHS 		6.596x $251.30 Million $38.10 Million USA $8.22
126 Active Energy Group PLC
PINK:ATGVF 		6.473x $-1.01 Million $-155.44K USA $0.00
127 Woodbridge Liquidation Trust
PINK:WBQNL 		6.421x $239.72 Million $37.33 Million USA $3.17
128 Bayhorse Silver Inc
OTCQB:BHSIF 		6.385x $-554.50K $-86.84K USA $0.03
129 Viaderma Inc
PINK:VDRM 		6.059x $-874.84K $-144.40K USA $0.02
130 Inventiva S.A
PINK:IVEVF 		6.031x $-53.73 Million $-8.91 Million USA $2.28
131 Qwest Corp. NT
NYSE:CTBB 		5.942x $2.03 Billion $342.00 Million USA $18.71
132 YCQH Agricultural Technology Co. Ltd.
PINK:YCQH 		5.866x $-63.53K $-10.83K USA $0.34
133 Nidec Corporation
PINK:NNDNF 		5.802x $69.64 Billion $12.00 Billion USA $18.19
134 Blue Star Opportunities Corp
PINK:BSTO 		5.770x $383.72K $66.50K USA $0.01
135 Inventiva Sa
NASDAQ:IVA 		5.765x $-53.89 Million $-9.35 Million USA $6.16
136 Philly Shipyard ASA
PINK:AKRRF 		5.765x $68.60 Million $11.90 Million USA $1.10
137 Okea ASA
OL:OKEA 		5.688x Nkr325.32 Million Nkr57.20 Million Norway Nkr38.00
138 FTI Foodtech International Inc
V:FTI 		5.674x CA$-464.76K CA$-81.91K Canada CA$0.18
139 AVVAA World Health Care Products Inc
PINK:AVVH 		5.672x $-232.99K $-41.07K USA $0.00
140 Georg Fischer AG
PINK:FCHRF 		5.659x $232.11 Million $41.02 Million USA $77.08
141 Avecho Biotechnology Limited
PINK:AVEFF 		5.492x $4.53 Million $825.16K USA $0.00
142 Algo Grande Copper Corp.
V:ALGR 		5.329x CA$-3.26 Million CA$-612.48K Canada CA$0.66
143 United Bank Ltd
KAR:UBL 		5.289x PKRs1.51 Trillion PKRs286.20 Billion Pakistan PKRs364.83
144 Next Science Limited
PINK:NXSCF 		5.179x $-2.88 Million $-557.03K USA $0.05
145 Biodesix Inc
NASDAQ:BDSX 		5.156x $-8.88 Million $-1.72 Million USA $16.59
146 West Texas Resources Inc
PINK:WTXR 		5.127x $-23.36K $-4.56K USA $0.07
147 Energy 1 Corp
PINK:EGOC 		5.111x $1.17 Million $228.72K USA $0.00
148 Mitsubishi Materials Corporation
PINK:MIMTF 		5.103x $23.80 Billion $4.66 Billion USA $15.59
149 Medadvisor Ltd
AU:MDR 		5.093x AU$-8.24 Million AU$-1.62 Million Australia AU$0.02
150 Tellusgruppen AB
ST:TELLUS 		5.086x Skr13.69 Million Skr2.69 Million Sweden Skr5.80
151 Delek Logistics Partners LP
NYSE:DKL 		5.076x $31.04 Million $6.11 Million USA $53.04
152 Humacyte Inc
NASDAQ:HUMA 		5.031x $-23.90 Million $-4.75 Million USA $1.16
153 TME Pharma N.V.
PA:ALTME 		5.018x €-2.86 Million €-570.00K France €0.08
154 McFarlane Lake Mining Limited
OTCQB:MLMLF 		4.986x $-13.49 Million $-2.70 Million USA $0.04
155 Transgene SA
PINK:TRGNF 		4.979x $-17.95 Million $-3.60 Million USA $0.70
156 Nuzee Inc
NASDAQ:NUZE 		4.967x $-961.75K $-193.61K USA $0.99
157 Infinite Networks Corporation
PINK:INNX 		4.960x $-61.26 $-12.35 USA $0.00
158 GMO Internet Inc
PINK:GMOYF 		4.958x $7.02 Billion $1.42 Billion USA $21.85
159 BRINKER INTL (BKJ.SG)
STU:BKJ 		4.945x €62.80 Million €12.70 Million Germany €118.00
160 Kenadyr Mining (Holdings) Corp
PINK:KNDYF 		4.898x $-3.00 Million $-612.48K USA $0.05
161 ArcelorMittal South Africa Ltd
PINK:ARCXF 		4.896x $-1.54 Billion $-314.85 Million USA $0.07
162 Razor Energy Corp
PINK:RZREF 		4.878x $1.79 Million $368.00K USA $0.00
163 Renalytix Plc
OTCQB:RNLXY 		4.746x $-6.50 Million $-1.37 Million USA $0.23
164 Blue Thunder Mining Inc
PINK:BLTMF 		4.690x $-1.00 Million $-213.23K USA $0.05
165 Ulusoy Elektrik Imalat
IS:ULUSE 		4.666x TL781.45 Million TL167.47 Million Turkey TL186.10
166 GoHealth Inc.
NASDAQ:GOCO 		4.664x $-32.22 Million $-6.91 Million USA $1.62
167 J and Friends Holdings Limited
NASDAQ:JF 		4.634x $-1.85 Billion $-400.15 Million USA $0.93
168 Pintec Technology Holdings Ltd
NASDAQ:PT 		4.634x $-1.85 Billion $-400.15 Million USA $0.93
169 Alternate Health Corp
PINK:AHGIF 		4.624x $-898.24K $-194.25K USA $0.00
170 14S0
F:14S0 		4.576x €-230.61K €-50.39K Germany €0.18
171 Sulliden Mining Capital Inc
PINK:SULMF 		4.576x $-230.61K $-50.39K USA $0.00
172 Future Mineral Resources Inc.
TO:FMR 		4.576x CA$-230.61K CA$-50.39K Canada CA$0.30
173 Fluoguide AS
ST:FLUO 		4.485x Skr-10.97 Million Skr-2.44 Million Sweden Skr36.10
174 HCA HLDGS
BE:2BH 		4.472x €3.52 Billion €786.00 Million Germany €401.00
175 Recce Pharmaceuticals Ltd
PINK:RECEF 		4.429x $-13.52 Million $-3.05 Million USA $0.60
176 LivePerson Inc
NASDAQ:LPSN 		4.335x $-6.01 Million $-1.39 Million USA $2.68
177 Excite Technology Services Ltd
AU:EXT 		4.205x AU$-2.70 Million AU$-641.68K Australia AU$0.01
178 Puissant Industries Inc
PINK:PSSS 		4.065x $-508.50K $-125.10K USA $0.00
179 OVH Groupe S.A
PINK:OVHFF 		4.052x $133.49 Million $32.94 Million USA $10.02
180 Gaussin
PA:ALGAU 		4.034x €-13.36 Million €-3.31 Million France €0.11
181 Microsemi Corporation
F:MS7 		4.011x €123.00 Million €30.66 Million Germany €7.95
182 Genasys Inc
NASDAQ:GNSS 		3.987x $7.20 Million $1.81 Million USA $1.89
183 Colgate-Palmolive Company
NYSE:CL 		3.981x $1.45 Billion $365.00 Million USA $89.94
184 Citra Putra Realty Tbk PT
JK:CLAY 		3.955x Rp12.61 Billion Rp3.19 Billion Indonesia Rp2780.00
185 NRP Stone Inc
PINK:NRPI 		3.890x $-52.28K $-13.44K USA $0.06
186 Clearwave Telecommunications Inc
PINK:CWTC 		3.868x $-179.96K $-46.53K USA $0.00
187 Rosslyn Data Technologies plc
LSE:RDT 		3.777x GBX-778.00K GBX-206.00K UK GBX2.60
188 Fitness Champs Holdings Limited Common Stock
NASDAQ:FCHL 		3.759x $56.38K $15.00K USA $0.22
189 Borneo Resource Investments Ltd
PINK:BRNE 		3.707x $-436.49K $-117.76K USA $0.00
190 RLAIF
OTCQB:RLAIF 		3.692x $-1.36 Million $-369.15K USA $0.27
191 VIMAB Group AB
ST:VIMAB 		3.682x Skr-26.24 Million Skr-7.13 Million Sweden Skr3.41
192 Natus Medical Incorporated
F:NM4 		3.682x €-26.24 Million €-7.13 Million Germany €0.35
193 XCana Petroleum Corporation
PINK:XCPT 		3.665x $134.86K $36.80K USA $0.18
194 New Frontier Energy Inc
PINK:NFEI 		3.663x $-395.77K $-108.05K USA $0.00
195 G Medical Innovations Holdings Ltd
PINK:GMVDF 		3.594x $-16.43 Million $-4.57 Million USA $0.00
196 Colossus Resources Corp.
V:CLUS 		3.578x CA$-280.24K CA$-78.32K Canada CA$0.08
197 CORESTATE Capital Holding S.A
XETRA:CCAP 		3.573x €152.20 Million €42.60 Million Germany €0.25
198 Western Metallica Resources Corp.
V:WMS 		3.562x CA$-931.47K CA$-261.51K Canada CA$0.07
199 Temecula Valley Bancorp Inc
PINK:TMCV 		3.544x $37.05 Million $10.45 Million USA $0.00
200 FluroTech Ltd
OTCQB:FLURF 		3.536x $-422.89K $-119.58K USA $0.00