Visioneering Technologies Inc
Visioneering Technologies, Inc., a medical device company, engages in the design, manufacture, sale, and distribution of contact lenses in North America, Europe, and the Asia-Pacific. Its flagship product is NaturalVue, a multifocal 1-day contact lens for adults with presbyopia and children with myopia. The company was incorporated in 2008 and is headquartered in Alpharetta, Georgia.
Visioneering Technologies Inc (VTI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: -0.243x
Based on the latest financial reports, Visioneering Technologies Inc (VTI) has a cash flow conversion efficiency ratio of -0.243x as of December 2023.
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$-1.40 Million) by net assets (AU$5.76 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Visioneering Technologies Inc - Cash Flow Conversion Efficiency Trend (2004–2023)
This chart illustrates how Visioneering Technologies Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Visioneering Technologies Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Visioneering Technologies Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mohit Industries Limited
NSE:MOHITIND
|
0.003x |
|
Altur Slatina
RO:ALT
|
N/A |
|
Shuttle Pharmaceuticals Inc
NASDAQ:SHPH
|
-1.884x |
|
Viver Incorporadora e Construtora S.A
SA:VIVR3
|
-0.052x |
|
HIGH QUALITY FOOD
F:L24
|
N/A |
|
Netmedia Group S.A.
PA:ALNMG
|
-1.312x |
|
DEFSEC Technologies Inc.
NASDAQ:DFSC
|
-0.176x |
|
Ascot Resources Ltd.
OTCQX:AOTVF
|
-0.039x |
Annual Cash Flow Conversion Efficiency for Visioneering Technologies Inc (2004–2023)
The table below shows the annual cash flow conversion efficiency of Visioneering Technologies Inc from 2004 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | AU$8.44 Million | AU$-5.42 Million | -0.643x | +30.63% |
| 2022-12-31 | AU$6.29 Million | AU$-5.83 Million | -0.926x | -20.36% |
| 2021-12-31 | AU$10.04 Million | AU$-7.73 Million | -0.770x | -118.10% |
| 2020-12-31 | AU$-1.70 Million | AU$-7.25 Million | 4.252x | +132.61% |
| 2019-12-31 | AU$982.00K | AU$-12.80 Million | -13.038x | -461.36% |
| 2018-12-31 | AU$6.93 Million | AU$-16.10 Million | -2.323x | -178.15% |
| 2017-12-31 | AU$14.78 Million | AU$-12.34 Million | -0.835x | -347.13% |
| 2016-12-31 | AU$30.73 Million | AU$-5.74 Million | -0.187x | -166.02% |
| 2015-12-31 | AU$-8.99 Million | AU$-2.54 Million | 0.283x | +170.86% |
| 2007-12-31 | AU$17.38 Million | AU$-6.94 Million | -0.399x | -6.89% |
| 2006-12-31 | AU$25.01 Million | AU$-9.34 Million | -0.373x | -12.91% |
| 2005-12-31 | AU$33.02 Million | AU$-10.92 Million | -0.331x | +27.71% |
| 2004-12-31 | AU$12.56 Million | AU$-5.75 Million | -0.458x | -- |