HITIQ Ltd (HIQ) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.464x

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. See HIQ net asset quality index to measure how much of total assets are equity-financed.

HITIQ Ltd - Cash Flow Conversion Efficiency Trend (2018–2024)

This chart illustrates how HITIQ Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore HITIQ Ltd (HIQ) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

HITIQ Ltd Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Gibui Holdings Ltd TA:GIBUI	-0.080x
Bathurst Metals Corp V:BMV	-0.113x
The Income & Growth VCT LSE:IGV	-0.017x
SKIL Infrastructure Limited NSE:SKIL	0.228x
Himalaya Energi Perkasa Tbk PT JK:HADE	-0.012x
Catheter Precision Inc. NYSE MKT:VTAK	-0.227x
Martela Oyj A HE:MARAS	0.082x
Crown LNG Holdings Limited Warrants NASDAQ:CGBSW	-0.192x

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. For the full company profile with market capitalisation and key ratios, see HIQ market cap.

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

AU:HIQ Australia Health Information Services

Market Cap

$2.24 Million

AU$3.17 Million AUD

Market Cap Rank

#29858 Global

#1740 in Australia

Share Price

AU$0.01

Change (1 day)

+0.00%

52-Week Range

AU$0.01 - AU$0.03

All Time High

AU$0.23