HITIQ Ltd Cash Flow Conversion Efficiency
HITIQ Ltd cash flow conversion efficiency. Based on the latest financial reports, HITIQ Ltd (HIQ) has a cash flow conversion efficiency ratio of 0.464x as of June 2025. 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$-1.87 Million ≈ $-1.32 Million USD) by net assets (AU$-4.02 Million ≈ $-2.85 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of HITIQ Ltd (2018–2024)
Cash flow conversion efficiency of HITIQ Ltd from 2018 to 2024. This chart illustrates how HITIQ Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View HITIQ Ltd (HIQ) stock price for real-time trading data and today's change.
HITIQ Ltd Cash Flow Conversion Ratio Explained
HITIQ Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
HITIQ Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of HITIQ Ltd ranked by their cash flow conversion efficiency. Also see HITIQ Ltd market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Arctic Blue Beverages AB
ST:ARCTIC
|
0.146x |
|
Handal Resources Bhd
KLSE:7253
|
0.089x |
|
Altiplano Metals Inc
V:APN
|
3.221x |
|
Universal Ibogaine Inc
V:IBO
|
-0.405x |
|
NCL International Logistics Public Company Limited
BK:NCL
|
-0.560x |
|
Altai Resources Inc.
V:ATI
|
-0.051x |
|
Steppe Cement
LSE:STCM
|
0.201x |
|
Imalliance SA
PA:MLIML
|
N/A |
Annual Cash Flow Conversion Efficiency for HITIQ Ltd (2018–2024)
The table below shows the annual cash flow conversion efficiency of HITIQ Ltd from 2018 to 2024. Review HIQ financial flexibility score to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | AU$-4.02 Million ≈ $-2.85 Million |
AU$-4.65 Million ≈ $-3.29 Million |
1.157x | -58.42% |
| 2023-12-31 | AU$-1.47 Million ≈ $-1.04 Million |
AU$-4.10 Million ≈ $-2.90 Million |
2.783x | -97.11% |
| 2022-12-31 | AU$-46.86K ≈ $-33.16K |
AU$-4.51 Million ≈ $-3.19 Million |
96.253x | +1835.56% |
| 2021-12-31 | AU$1.17 Million ≈ $830.30K |
AU$-6.51 Million ≈ $-4.60 Million |
-5.546x | -1966.63% |
| 2020-12-31 | AU$7.92 Million ≈ $5.61 Million |
AU$-2.13 Million ≈ $-1.50 Million |
-0.268x | +95.50% |
| 2019-12-31 | AU$386.86K ≈ $273.73K |
AU$-2.31 Million ≈ $-1.63 Million |
-5.969x | +9.61% |
| 2018-12-31 | AU$360.10K ≈ $254.80K |
AU$-2.38 Million ≈ $-1.68 Million |
-6.603x | -- |
About HITIQ Ltd
HITIQ Limited, together with its subsidiaries, develops and commercializes concussion management technology in Oceania. The company offers smart mouthguards and software for sports, clinical, and research applications. It also provides PROTEQT, a smart mouthguard with sensor technology to detect, assess, and manage potential head impacts, as well as a concussion management app, replacement parts,… Read more