Top Companies by Cash Flow Conversion Efficiency
Compare companies based on how efficiently their net assets generate operating cash flow
Total Companies
39,745
Top Efficiency
xCountries Tracked
42
Last Updated
Mar 2026
Quarterly Updates
| Rank | Company | Efficiency Ratio | Operating Cash Flow | Net Assets | Country | Price |
|---|---|---|---|---|---|---|
| 201 |
Soneri Bank Ltd
KAR:SNBL |
3.492x | PKRs99.64 Billion | PKRs28.53 Billion | Pakistan | PKRs19.47 |
| 202 |
Medical Connections Holdings Inc
OTCGREY:MCTH |
3.456x | $568.27K | $164.41K | USA | $0.00 |
| 203 |
Hypertension Diagnostics Inc
PINK:HDII |
3.447x | $-904.52K | $-262.39K | USA | $0.00 |
| 204 |
Applied Energetics
OTCQB:AERG |
3.410x | $-2.49 Million | $-730.18K | USA | $0.72 |
| 205 |
Jialijia Group Corporation Ltd
PINK:RZZN |
3.366x | $-393.84K | $-117.02K | USA | $3.00 |
| 206 |
Aveanna Healthcare Holdings Inc
NASDAQ:AVAH |
3.349x | $33.20 Million | $9.91 Million | USA | $6.52 |
| 207 |
Grupo Aeroportuario del Pacífico S.A.B. de C.V
PINK:GPAEF |
3.349x | $4.26 Billion | $1.27 Billion | USA | $18.72 |
| 208 |
Artelo Biosciences Inc
NASDAQ:ARTL |
3.342x | $-4.25 Million | $-1.27 Million | USA | $7.97 |
| 209 |
Lodestar Minerals Ltd
AU:LSR |
3.339x | AU$-1.40 Million | AU$-419.43K | Australia | AU$0.02 |
| 210 |
Lifecare ASA
F:LFC0 |
3.325x | €-22.15 Million | €-6.66 Million | Germany | €0.02 |
| 211 |
Lifecare AS
OL:LIFE |
3.325x | Nkr-22.15 Million | Nkr-6.66 Million | Norway | Nkr0.39 |
| 212 |
H&R.BLOCK - Dusseldorf Stock Exchang
DU:HRB |
3.318x | €300.60 Million | €90.59 Million | Germany | €27.20 |
| 213 |
VHABW
PINK:VHABW |
3.317x | $-2.13 Million | $-641.86K | USA | $9.00 |
| 214 |
School Specialty Inc
PINK:SCOO |
3.312x | $62.21 Million | $18.78 Million | USA | $0.00 |
| 215 |
Innovativ Media Group Inc
PINK:DMAN |
3.288x | $-719.95K | $-218.99K | USA | $0.00 |
| 216 |
2cureX AB
ST:2CUREX |
3.288x | Skr2.06 Million | Skr626.00K | Sweden | Skr1.20 |
| 217 |
The Singing Machine Company Inc. Common Stock
NASDAQ:MICS |
3.272x | $-2.85 Million | $-872.00K | USA | $0.35 |
| 218 |
Adalta Ltd
AU:1AD |
3.267x | AU$-1.95 Million | AU$-598.24K | Australia | AU$0.00 |
| 219 |
BSA Ltd
AU:BSA |
3.237x | AU$22.50 Million | AU$6.95 Million | Australia | AU$0.38 |
| 220 |
Story-I Ltd
AU:SRY |
3.211x | AU$-4.15 Million | AU$-1.29 Million | Australia | AU$0.00 |
| 221 |
LanzaTech Global Inc.
NASDAQ:LNZA |
3.189x | $-15.88 Million | $-4.98 Million | USA | $22.54 |
| 222 |
Inverite Insights Inc
PINK:INVRF |
3.175x | $-334.36K | $-105.30K | USA | $0.05 |
| 223 |
VVT Med Inc.
V:VVTM |
3.168x | CA$-1.82 Million | CA$-576.00K | Canada | CA$0.21 |
| 224 |
Virpax Pharmaceuticals Inc
NASDAQ:VRPX |
3.142x | $-2.87 Million | $-913.76K | USA | $0.22 |
| 225 |
AB Utenos Trikotazas
MU:UD5 |
3.128x | €1.49 Million | €477.00K | Germany | €0.38 |
| 226 |
Global PVQ SE
PINK:QCLSF |
3.126x | $106.90 Million | $34.20 Million | USA | $0.00 |
| 227 |
Quantum Genomics Société Anonyme
PINK:QNNTF |
3.110x | $-7.64 Million | $-2.46 Million | USA | $0.10 |
| 228 |
Quantum Genomics SA
PA:ALQGC |
3.110x | €-7.64 Million | €-2.46 Million | France | €0.07 |
| 229 |
Vinpai SAS
PA:ALVIN |
3.105x | €-1.41 Million | €-453.81K | France | €3.54 |
| 230 |
TAAT Global Alternatives Inc
PINK:TOBAF |
3.079x | $540.79K | $175.65K | USA | $0.16 |
| 231 |
Arihant Foundations & Housing Limited
NSE:ARIHANT |
3.064x | ₹574.60 Million | ₹187.55 Million | India | ₹212.00 |
| 232 |
Ssif Broker Cl
RO:BRK |
3.055x | RON149.53 Million | RON48.95 Million | Romania | RON0.10 |
| 233 |
Genufood Energy
PINK:GFOO |
3.039x | $-77.62K | $-25.54K | USA | $0.00 |
| 234 |
Canadian Palladium Resources Inc
PINK:DCNNF |
3.022x | $-406.83K | $-134.62K | USA | $0.05 |
| 235 |
Quest Critical Metals Inc.
F:DCR0 |
3.022x | €-406.83K | €-134.62K | Germany | €0.01 |
| 236 |
Osteopore Ltd
AU:OSX |
3.011x | AU$-1.28 Million | AU$-423.65K | Australia | AU$0.01 |
| 237 |
POWR Lithium Corp.
OTCQB:PWRLF |
3.009x | $-294.17K | $-97.76K | USA | $0.05 |
| 238 |
Ascent Resources plc
LSE:AST |
2.990x | GBX-894.00K | GBX-299.00K | UK | GBX0.45 |
| 239 |
Data#3 Limited
PINK:DTATF |
2.972x | $250.11 Million | $84.17 Million | USA | $4.05 |
| 240 |
MASCO (MSQ.SG)
STU:MSQ |
2.930x | €416.00 Million | €142.00 Million | Germany | €50.62 |
| 241 |
MASCO - Dusseldorf Stock Exchang
DU:MSQ |
2.930x | €416.00 Million | €142.00 Million | Germany | €50.34 |
| 242 |
Openn Negotiation Limited
PINK:OPNNF |
2.928x | $-1.94 Million | $-663.01K | USA | $3.90 |
| 243 |
Ipopema Securities SA
WAR:IPE |
2.921x | zł374.84 Million | zł128.34 Million | Poland | zł4.84 |
| 244 |
Smiths News PLC
LSE:SNWS |
2.916x | GBX27.70 Million | GBX9.50 Million | UK | GBX64.20 |
| 245 |
Apollomics Inc. Class A Ordinary Shares
NASDAQ:APLM |
2.900x | $-12.76 Million | $-4.40 Million | USA | $18.49 |
| 246 |
Crossject
PA:ALCJ |
2.893x | €-3.23 Million | €-1.12 Million | France | €2.13 |
| 247 |
Transwitch Cp New
PINK:TXCCQ |
2.855x | $-3.65 Million | $-1.28 Million | USA | $0.00 |
| 248 |
Plby Group Inc
NASDAQ:PLBY |
2.841x | $10.13 Million | $3.56 Million | USA | $1.76 |
| 249 |
Fjordland Exploration Inc
PINK:FEXXF |
2.832x | $-162.06K | $-57.22K | USA | $0.00 |
| 250 |
Sangsangin Investment & Securities Co Ltd
KO:001290 |
2.825x | ₩545.62 Billion | ₩193.12 Billion | Korea | ₩1413.00 |
| 251 |
Jaco Electronics Inc
PINK:JACO |
2.815x | $16.37 Million | $5.82 Million | USA | $0.00 |
| 252 |
Kiliaro AB
ST:KILI |
2.808x | Skr-4.84 Million | Skr-1.72 Million | Sweden | Skr0.05 |
| 253 |
Automotive Stampings and Assemblies Limited
NSE:ASAL |
2.799x | ₹441.43 Million | ₹157.73 Million | India | ₹416.55 |
| 254 |
Nanhua Futures Co Ltd
SHG:603093 |
2.795x | CN¥12.31 Billion | CN¥4.40 Billion | China | CN¥19.91 |
| 255 |
Inovio Pharmaceuticals Inc
NASDAQ:INO |
2.795x | $-21.57 Million | $-7.72 Million | USA | $1.58 |
| 256 |
Aveng Ltd
JSE:AEG |
2.793x | ZAC548.63 Million | ZAC196.46 Million | South Africa | ZAC443.00 |
| 257 |
Qantas Airways Limited
PINK:QUBSF |
2.784x | $2.18 Billion | $783.00 Million | USA | $5.56 |
| 258 |
Kenilworth Systems C
PINK:KENS |
2.767x | $7.30 Million | $2.64 Million | USA | $0.28 |
| 259 |
Masco Corporation
NYSE:MAS |
2.714x | $456.00 Million | $168.00 Million | USA | $58.84 |
| 260 |
Dark Star Minerals Inc.
F:P0W |
2.698x | €-541.76K | €-200.78K | Germany | €0.01 |
| 261 |
Nuvve Holding Corp
NASDAQ:NVVE |
2.691x | $-5.16 Million | $-1.92 Million | USA | $0.80 |
| 262 |
CyberCatch Holdings Inc.
V:CYBE |
2.671x | CA$-509.96K | CA$-190.94K | Canada | CA$1.44 |
| 263 |
Axis Auto Finance Inc
TO:AXIS |
2.660x | CA$8.18 Million | CA$3.08 Million | Canada | CA$0.01 |
| 264 |
AnaptysBio Inc
NASDAQ:ANAB |
2.634x | $98.00 Million | $37.21 Million | USA | $62.37 |
| 265 |
MV Oil Trust
NYSE:MVO |
2.621x | $6.77 Million | $2.58 Million | USA | $2.34 |
| 266 |
Gold Rock Holdings Inc
PINK:GRHI |
2.618x | $297.96K | $113.81K | USA | $0.03 |
| 267 |
Australian Pacific Coal Ltd
AU:AQC |
2.588x | AU$-27.90 Million | AU$-10.78 Million | Australia | AU$0.01 |
| 268 |
CooTek Cayman Inc
PINK:CTKYY |
2.585x | $-15.51 Million | $-6.00 Million | USA | $0.04 |
| 269 |
Ahmad Zaki Resources Bhd
KLSE:7078 |
2.581x | RM487.06 Million | RM188.69 Million | Malaysia | RM0.13 |
| 270 |
Financeira Alfa S.A. - Crédito Financiamento e Investimentos
SA:CRIV3 |
2.577x | R$2.78 Billion | R$1.08 Billion | Brazil | R$6.98 |
| 271 |
Vectus Biosystems Ltd
AU:VBS |
2.572x | AU$-659.98K | AU$-256.62K | Australia | AU$0.15 |
| 272 |
Changsha Kaiyuan Instruments
SHE:300338 |
2.512x | CN¥-44.21 Million | CN¥-17.60 Million | China | CN¥3.75 |
| 273 |
Cuscal Ltd
AU:CCL |
2.507x | AU$972.80 Million | AU$388.10 Million | Australia | AU$3.74 |
| 274 |
Intrasense
PA:ALINS |
2.505x | €-2.92 Million | €-1.17 Million | France | €0.21 |
| 275 |
Next Science Ltd
AU:NXS |
2.498x | AU$-1.39 Million | AU$-557.03K | Australia | AU$0.15 |
| 276 |
Cumulus Media Inc Class A
NASDAQ:CMLS |
2.447x | $17.01 Million | $6.95 Million | USA | $0.15 |
| 277 |
Ebusco Holding BV
AS:EBUS |
2.432x | €-26.46 Million | €-10.88 Million | Netherlands | €0.29 |
| 278 |
LSEB Creative Corp.
OTCQB:LSEB |
2.431x | $-26.68K | $-10.97K | USA | $0.09 |
| 279 |
Vaccinex Inc
NASDAQ:VCNX |
2.428x | $-3.21 Million | $-1.32 Million | USA | $0.98 |
| 280 |
Medical Intl Tech
OTCGREY:MDLH |
2.409x | $-125.91K | $-52.28K | USA | $0.00 |
| 281 |
Enorama Pharma AB
ST:ERMA |
2.409x | Skr-11.20 Million | Skr-4.65 Million | Sweden | Skr0.37 |
| 282 |
Ballarpur Industries Limited
NSE:BALLARPUR |
2.403x | ₹9.77 Billion | ₹4.07 Billion | India | ₹257.58 |
| 283 |
Bonus BioGroup Ltd
PINK:BBIXF |
2.402x | $-4.02 Million | $-1.68 Million | USA | $0.03 |
| 284 |
Topps Tiles Plc
PINK:TPTJF |
2.378x | $18.36 Million | $7.72 Million | USA | $0.47 |
| 285 |
Japan Food Tech Holdings, Inc.
PINK:JFTH |
2.371x | $-75.92K | $-32.02K | USA | $0.00 |
| 286 |
Dr. Foods Inc.
OTCQB:DRFS |
2.371x | $-75.92K | $-32.02K | USA | $0.05 |
| 287 |
Legal & General Group Plc
PINK:LGGNY |
2.369x | $5.75 Billion | $2.43 Billion | USA | $14.40 |
| 288 |
Noviqtech Ltd
AU:NVQ |
2.346x | AU$-1.34 Million | AU$-570.23K | Australia | AU$0.02 |
| 289 |
Verastem Inc
NASDAQ:VSTM |
2.333x | $-36.22 Million | $-15.53 Million | USA | $5.53 |
| 290 |
Pathkey.ai Ltd
AU:PKY |
2.310x | AU$-619.98K | AU$-268.37K | Australia | AU$0.03 |
| 291 |
Lyc Healthcare Bhd
KLSE:0075 |
2.300x | RM17.29 Million | RM7.51 Million | Malaysia | RM0.02 |
| 292 |
VÃ¥r Energi AS
PINK:VARRY |
2.294x | $1.28 Billion | $560.00 Million | USA | $5.22 |
| 293 |
Adagio Medical Holdings, Inc Common Stock
NASDAQ:ADGM |
2.293x | $-3.01 Million | $-1.31 Million | USA | $1.13 |
| 294 |
OpenLocker Holdings Inc
PINK:OLKR |
2.290x | $-221.76K | $-96.85K | USA | $0.25 |
| 295 |
Liberty Defense Holdings Ltd
OTCQB:LDDFF |
2.274x | $-3.07 Million | $-1.35 Million | USA | $0.49 |
| 296 |
MGM China Holdings Ltd
PINK:MCHVY |
2.270x | $4.46 Billion | $1.97 Billion | USA | $15.13 |
| 297 |
Shen Zhen Bauing Construction Holding Group Co Ltd
SHE:002047 |
2.259x | CN¥-73.88 Million | CN¥-32.70 Million | China | CN¥5.78 |
| 298 |
Flow Traders BV
AS:FLOW |
2.205x | €1.81 Billion | €820.83 Million | Netherlands | €26.84 |
| 299 |
Aisix Solutions Inc.
OTCQB:AISXF |
2.201x | $-852.97K | $-387.51K | USA | $0.01 |
| 300 |
Xilio Development Inc
NASDAQ:XLO |
2.161x | $-17.50 Million | $-8.10 Million | USA | $7.86 |