Cardiex Ltd (CDX) - Cash Flow Conversion Efficiency

Latest as of December 2024: -0.452x

Based on the latest financial reports, Cardiex Ltd (CDX) has a cash flow conversion efficiency ratio of -0.452x as of December 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 (AU$-2.99 Million ≈ $-2.11 Million USD) by net assets (AU$6.60 Million ≈ $4.67 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See CDX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Cardiex Ltd - Cash Flow Conversion Efficiency Trend (2005–2024)

This chart illustrates how Cardiex Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Cardiex Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Cardiex Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
PT Jaya Bersama Indo Tbk JK:DUCK	-0.035x
SOS Limited NYSE:SOS	-0.032x
Strategic Resources Inc V:SR	-0.008x
Vishwaraj Sugar Industries Limited NSE:VISHWARAJ	-0.120x
Inbest Prime III Inmuebles SOCIMI S.A. MC:YINB3	N/A
Kuk Young G&M Co. Ltd KQ:006050	0.009x
Speedvalue Ltd TA:SPDV	0.085x
Torrent Capital Ltd V:TORR	0.075x

Annual Cash Flow Conversion Efficiency for Cardiex Ltd (2005–2024)

The table below shows the annual cash flow conversion efficiency of Cardiex Ltd from 2005 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Cardiex Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-06-30	AU$4.09 Million ≈ $2.89 Million	AU$-7.72 Million ≈ $-5.46 Million	-1.889x	-115.76%
2023-06-30	AU$-1.00 Million ≈ $-708.11K	AU$-12.00 Million ≈ $-8.49 Million	11.987x	+924.03%
2022-06-30	AU$6.61 Million ≈ $4.68 Million	AU$-9.62 Million ≈ $-6.80 Million	-1.455x	-189.65%
2021-06-30	AU$7.91 Million ≈ $5.60 Million	AU$-3.97 Million ≈ $-2.81 Million	-0.502x	-73.83%
2020-06-30	AU$5.88 Million ≈ $4.16 Million	AU$-1.70 Million ≈ $-1.20 Million	-0.289x	+12.33%
2019-06-30	AU$6.95 Million ≈ $4.92 Million	AU$-2.29 Million ≈ $-1.62 Million	-0.330x	-630.02%
2018-06-30	AU$4.60 Million ≈ $3.25 Million	AU$-207.49K ≈ $-146.82K	-0.045x	+98.04%
2017-06-30	AU$1.33 Million ≈ $939.99K	AU$-3.07 Million ≈ $-2.17 Million	-2.308x	-47.31%
2016-06-30	AU$3.14 Million ≈ $2.22 Million	AU$-4.92 Million ≈ $-3.48 Million	-1.567x	-245.40%
2015-06-30	AU$4.33 Million ≈ $3.07 Million	AU$-1.97 Million ≈ $-1.39 Million	-0.454x	-9.20%
2014-06-30	AU$3.28 Million ≈ $2.32 Million	AU$-1.36 Million ≈ $-965.08K	-0.415x	-214.06%
2013-06-30	AU$4.88 Million ≈ $3.45 Million	AU$1.78 Million ≈ $1.26 Million	0.364x	+158.04%
2012-06-30	AU$1.88 Million ≈ $1.33 Million	AU$-1.18 Million ≈ $-836.57K	-0.627x	-0.39%
2011-06-30	AU$3.03 Million ≈ $2.15 Million	AU$-1.90 Million ≈ $-1.34 Million	-0.625x	+9.43%
2010-06-30	AU$3.74 Million ≈ $2.64 Million	AU$-2.58 Million ≈ $-1.82 Million	-0.690x	-402.75%
2009-06-30	AU$4.65 Million ≈ $3.29 Million	AU$-637.56K ≈ $-451.11K	-0.137x	+78.34%
2008-06-30	AU$5.96 Million ≈ $4.22 Million	AU$-3.78 Million ≈ $-2.67 Million	-0.634x	-32.50%
2007-06-30	AU$9.38 Million ≈ $6.64 Million	AU$-4.49 Million ≈ $-3.18 Million	-0.478x	-61.50%
2006-06-30	AU$14.41 Million ≈ $10.19 Million	AU$-4.27 Million ≈ $-3.02 Million	-0.296x	-126.85%
2005-06-30	AU$18.80 Million ≈ $13.30 Million	AU$-2.45 Million ≈ $-1.74 Million	-0.131x	--

About Cardiex Ltd

AU:CDX Australia Medical Devices

Market Cap

$13.23 Million

AU$18.70 Million AUD

Market Cap Rank

#26339 Global

#1220 in Australia

Share Price

AU$0.03

Change (1 day)

-5.56%

52-Week Range

AU$0.03 - AU$0.05

All Time High

AU$2.74