Sovereign Cloud Holdings Ltd
Sovereign Cloud Holdings Limited provides cloud services and cyber security solutions for organizations and Government agencies. It operates in two segments, Cloud Services in Australia and Cyber Security Services in Australia. The company's solutions include secure cloud, cloud compute and storage, backup, M365 backup, and disaster recovery; cyber security, including managed security services, m… Read more
Sovereign Cloud Holdings Ltd (SOV) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.062x
Based on the latest financial reports, Sovereign Cloud Holdings Ltd (SOV) has a cash flow conversion efficiency ratio of -0.062x 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$-2.67 Million) by net assets (AU$42.74 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sovereign Cloud Holdings Ltd - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how Sovereign Cloud Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Sovereign Cloud Holdings Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sovereign Cloud Holdings Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Attacq
JSE:ATT
|
0.030x |
|
Northern Minerals & Exploration Ltd
PINK:NMEX
|
0.202x |
|
Calibre
PA:ALWIN
|
0.411x |
|
Frequency Exchange Corp.
V:FREQ
|
-0.376x |
|
Vmoto Ltd
AU:VMT
|
-0.010x |
|
Litchfield Minerals Ltd
AU:LMS
|
-0.083x |
|
NIMY RESOURCES LIMITED
F:P4G
|
N/A |
|
MORIEN RES CORP.
F:35BN
|
N/A |
Annual Cash Flow Conversion Efficiency for Sovereign Cloud Holdings Ltd (2017–2023)
The table below shows the annual cash flow conversion efficiency of Sovereign Cloud Holdings Ltd from 2017 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | AU$42.74 Million | AU$-11.51 Million | -0.269x | +62.23% |
| 2022-12-31 | AU$24.90 Million | AU$-17.76 Million | -0.713x | -142.09% |
| 2021-12-31 | AU$37.87 Million | AU$-11.16 Million | -0.295x | +31.85% |
| 2020-12-31 | AU$19.19 Million | AU$-8.29 Million | -0.432x | -98.62% |
| 2019-12-31 | AU$30.00 Million | AU$-6.53 Million | -0.218x | +68.28% |
| 2018-12-31 | AU$10.22 Million | AU$-7.01 Million | -0.686x | -286.50% |
| 2017-12-31 | AU$7.19 Million | AU$-1.28 Million | -0.178x | -- |