K-Tig Ltd Cash Flow Conversion Efficiency
K-Tig Ltd cash flow conversion efficiency. Based on the latest financial reports, K-Tig Ltd (KTG) has a cash flow conversion efficiency ratio of 0.748x as of June 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$-758.42K ≈ $-536.63K USD) by net assets (AU$-1.01 Million ≈ $-717.67K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of K-Tig Ltd (2016–2024)
Cash flow conversion efficiency of K-Tig Ltd from 2016 to 2024. This chart illustrates how K-Tig Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View KTG stock price and chart for real-time trading data and today's change.
K-Tig Ltd Cash Flow Conversion Ratio Explained
K-Tig Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
K-Tig Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of K-Tig Ltd ranked by their cash flow conversion efficiency. Also see market cap of K-Tig Ltd for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Neungyule Education Inc
KQ:053290
|
0.065x |
|
Crescita Therapeutics Inc
TO:CTX
|
0.027x |
|
Perfect Moment Ltd.
NYSE MKT:PMNT
|
2.134x |
|
HUHUTECH International Group Inc. Ordinary Shares
NASDAQ:HUHU
|
0.065x |
|
TPC Power Holding Public Company Limited
BK:TPCH
|
0.062x |
|
Toyo Ventures Holdings Bhd
KLSE:7173
|
0.099x |
|
Binasat Communications Bhd
KLSE:0195
|
0.026x |
|
Noviqtech Ltd
AU:NVQ
|
2.158x |
Annual Cash Flow Conversion Efficiency for K-Tig Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of K-Tig Ltd from 2016 to 2024. Review KTG FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | AU$-1.01 Million ≈ $-717.67K |
AU$-1.98 Million ≈ $-1.40 Million |
1.953x | -46.24% |
| 2023-06-30 | AU$-1.23 Million ≈ $-873.62K |
AU$-4.49 Million ≈ $-3.17 Million |
3.633x | +461.03% |
| 2022-06-30 | AU$4.65 Million ≈ $3.29 Million |
AU$-4.68 Million ≈ $-3.31 Million |
-1.006x | -58.04% |
| 2021-06-30 | AU$5.92 Million ≈ $4.19 Million |
AU$-3.77 Million ≈ $-2.67 Million |
-0.637x | +35.56% |
| 2020-06-30 | AU$3.83 Million ≈ $2.71 Million |
AU$-3.79 Million ≈ $-2.68 Million |
-0.988x | -115.19% |
| 2019-06-30 | AU$-188.03K ≈ $-133.05K |
AU$-1.22 Million ≈ $-865.67K |
6.507x | +1013.60% |
| 2018-06-30 | AU$400.92K ≈ $283.67K |
AU$234.25K ≈ $165.75K |
0.584x | +239.83% |
| 2017-06-30 | AU$311.75K ≈ $220.58K |
AU$-130.27K ≈ $-92.17K |
-0.418x | -54.39% |
| 2016-06-30 | AU$2.54 Million ≈ $1.80 Million |
AU$-688.75K ≈ $-487.34K |
-0.271x | -- |
About K-Tig Ltd
K-TIG Limited, a technology company, develops and manufactures welding technology in Australia, the United Kingdom, the United States, the Asia Pacific, and internationally. The company's technology offers precision process for various applications and suits to corrosion-resistant materials comprising stainless steel, nickel alloys, titanium alloys, as well as carbon steels and exotic materials. … Read more