Wellspire Holdings Berhad
Wellspire Holdings Berhad, an investment holding company, engages in the distribution of consumer-packaged foods in Thailand, Malaysia, and Singapore. It offers snack food products, such as sunflower seeds, as well as other seeds, nuts, and baked and confectionery products; and trades biomass fuel products. The company also provides management consultancy services. It sells its products under the… Read more
Wellspire Holdings Berhad (0271) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.129x
Based on the latest financial reports, Wellspire Holdings Berhad (0271) has a cash flow conversion efficiency ratio of -0.129x 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 (RM-7.91 Million) by net assets (RM61.29 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Wellspire Holdings Berhad - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Wellspire Holdings Berhad's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Wellspire Holdings Berhad Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Wellspire Holdings Berhad ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Expleo Solutions Limited
NSE:EXPLEOSOL
|
0.107x |
|
eHealth Inc
NASDAQ:EHTH
|
-0.037x |
|
Ekinops SA
PA:EKI
|
0.004x |
|
Novotek AB
ST:NTEK-B
|
0.040x |
|
Merko Gida Sanayi ve Ticaret AS
IS:MERKO
|
-0.019x |
|
Wellell Inc
TW:4106
|
0.036x |
|
Muramoto Electron (Thailand) Public Company Limited
BK:METCO
|
0.113x |
|
The Beachbody Company, Inc.
NYSE:BODI
|
0.413x |
Annual Cash Flow Conversion Efficiency for Wellspire Holdings Berhad (2020–2023)
The table below shows the annual cash flow conversion efficiency of Wellspire Holdings Berhad from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | RM60.85 Million | RM6.24 Million | 0.103x | +37.31% |
| 2022-12-31 | RM27.71 Million | RM2.07 Million | 0.075x | -92.72% |
| 2021-12-31 | RM14.47 Million | RM14.84 Million | 1.026x | +291.61% |
| 2020-12-31 | RM19.60 Million | RM5.13 Million | 0.262x | -- |