GRAND CANYON ED
GRAND CANYON ED operates in Diversified Metals & Mining.
GRAND CANYON ED (GKD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.038x
Based on the latest financial reports, GRAND CANYON ED (GKD) has a cash flow conversion efficiency ratio of -0.038x as of September 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 (€-29.39 Million) by net assets (€764.14 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
GRAND CANYON ED - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how GRAND CANYON ED's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
GRAND CANYON ED Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of GRAND CANYON ED ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Inhalerx Ltd
AU:IRX
|
-0.044x |
|
Asdion Bhd
KLSE:0068
|
60.174x |
|
Green Minerals AS
OL:GEM
|
0.001x |
|
LEGRAND (LRC.SG)
STU:LRC
|
-0.080x |
|
AGUNG PODOMORO (2AG.SG)
STU:2AG
|
N/A |
|
Maris-Tech Ltd. Warrants
NASDAQ:MTEKW
|
-0.735x |
|
SMIS Corporation Bhd
KLSE:7132
|
0.096x |
|
Cahayaputra Asa Keramik Tbk PT
JK:CAKK
|
0.138x |
Annual Cash Flow Conversion Efficiency for GRAND CANYON ED (2016–2023)
The table below shows the annual cash flow conversion efficiency of GRAND CANYON ED from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €718.01 Million | €243.66 Million | 0.339x | -2.01% |
| 2022-12-31 | €637.62 Million | €220.82 Million | 0.346x | +15.59% |
| 2021-12-31 | €1.05 Billion | €313.12 Million | 0.300x | +52.74% |
| 2020-12-31 | €1.57 Billion | €308.82 Million | 0.196x | -7.57% |
| 2019-12-31 | €1.44 Billion | €306.34 Million | 0.212x | +29.37% |
| 2018-12-31 | €1.21 Billion | €199.09 Million | 0.164x | -46.95% |
| 2017-12-31 | €985.95 Million | €304.90 Million | 0.309x | +9.61% |
| 2016-12-31 | €773.69 Million | €218.29 Million | 0.282x | -- |