Wellspire Holdings Berhad (0271) - Cash Flow Conversion Efficiency
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 ≈ $-1.99 Million USD) by net assets (RM61.29 Million ≈ $15.39 Million USD). 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. Read Wellspire Holdings Berhad total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Fuzetec Technology Co Ltd
TWO:6642
|
0.011x |
|
DENARIUS METALS CORP.
F:T7C0
|
-0.039x |
|
Chaintech Technology Corp
TW:2425
|
0.062x |
|
Icares Medicus Inc
TWO:6612
|
-0.002x |
|
icad inc
NASDAQ:ICAD
|
0.002x |
|
Sumber Energi Andalan Tbk PT
JK:ITMA
|
-0.004x |
|
Electrotherm (India) Limited
NSE:ELECTHERM
|
-1.082x |
|
Bhartiya International Limited
NSE:BIL
|
0.056x |
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. For the full company profile with market capitalisation and key ratios, see Wellspire Holdings Berhad market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | RM60.85 Million ≈ $15.28 Million |
RM6.24 Million ≈ $1.57 Million |
0.103x | +37.31% |
| 2022-12-31 | RM27.71 Million ≈ $6.96 Million |
RM2.07 Million ≈ $519.54K |
0.075x | -92.72% |
| 2021-12-31 | RM14.47 Million ≈ $3.63 Million |
RM14.84 Million ≈ $3.73 Million |
1.026x | +291.61% |
| 2020-12-31 | RM19.60 Million ≈ $4.92 Million |
RM5.13 Million ≈ $1.29 Million |
0.262x | -- |
About 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