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 equity to assets ratio to measure how much of total assets are equity-financed.

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. Check Cardiex Ltd (CDX) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

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
Pasinex Resources Limited F:PNX	-0.047x
Purefun Group AB ST:PURE	0.088x
TCS Group Holdings Bhd KLSE:0221	-0.056x
Daesang Corp Preference Shares KO:001685	0.058x
Inbest Prime III Inmuebles SOCIMI S.A. MC:YINB3	N/A
Fourth-Link Inc. KQ:056730	0.000x
Oncosil Medical Ltd AU:OSL	-1.814x

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 Cardiex Ltd market cap and net worth.

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

#26310 Global

#1193 in Australia

Share Price

AU$0.03

Change (1 day)

-5.56%

52-Week Range

AU$0.03 - AU$0.04

All Time High

AU$2.74