Rite Aid Corporation
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and provides various other pharmacy services and an assortment of products comprising over-the-counter medications, health and beauty aids, personal care pr… Read more
Rite Aid Corporation (RTA1) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2023: 0.224x
Based on the latest financial reports, Rite Aid Corporation (RTA1) has a cash flow conversion efficiency ratio of 0.224x as of August 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 (€-440.62 Million) by net assets (€-1.97 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Rite Aid Corporation - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how Rite Aid Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Rite Aid Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Rite Aid Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Triniti Dinamik PT Tbk
JK:TRUE
|
0.022x |
|
Boustead Heavy Industries
KLSE:8133
|
-0.310x |
|
Dan Hotels
TA:DANH
|
0.024x |
|
First Tellurium Corp
OTCQB:FSTTF
|
0.235x |
|
Niche Capital Emas Holdings
KLSE:7139
|
0.022x |
|
Platinex Inc
F:9PX
|
-0.038x |
|
EBM Technologies Incorporated
TWO:8409
|
-0.189x |
|
Alpha One Inc
PINK:AOAO
|
0.047x |
Annual Cash Flow Conversion Efficiency for Rite Aid Corporation (2017–2023)
The table below shows the annual cash flow conversion efficiency of Rite Aid Corporation from 2017 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-02-28 | €-641.78 Million | €-52.44 Million | 0.082x | -97.87% |
| 2022-02-28 | €99.03 Million | €379.27 Million | 3.830x | +10147.45% |
| 2021-02-28 | €615.15 Million | €22.99 Million | 0.037x | -94.82% |
| 2020-02-29 | €674.53 Million | €487.02 Million | 0.722x | +474.70% |
| 2019-02-28 | €1.19 Billion | €-228.66 Million | -0.193x | -215.83% |
| 2018-02-28 | €1.60 Billion | €266.34 Million | 0.166x | -55.99% |
| 2017-02-28 | €614.07 Million | €232.12 Million | 0.378x | -- |