Ocean Harvest Technology Group PLC
Ocean Harvest Technology Group plc, together with its subsidiaries, engages in the research, development, production, and sale of seaweed blend ingredients for the animal feed market in the United Kingdom, North America, and Asia. The company's products portfolio comprises Bovine products to increase milk and milk fat, and protein yields; poultry products to improve feed efficiency, reduce mortal… Read more
Ocean Harvest Technology Group PLC (OHT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.372x
Based on the latest financial reports, Ocean Harvest Technology Group PLC (OHT) has a cash flow conversion efficiency ratio of -0.372x as of June 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 (GBX-1.27 Million) by net assets (GBX3.42 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ocean Harvest Technology Group PLC - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Ocean Harvest Technology Group PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ocean Harvest Technology Group PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ocean Harvest Technology Group PLC ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Marwyn Value Investors Limited
LSE:MVI
|
0.020x |
|
International Luxury Products Inc
PINK:ILXP
|
N/A |
|
JLM Couture Inc.
PINK:JLMCQ
|
N/A |
|
Alsons Consolidated Resources Inc
PSE:ACR
|
0.273x |
|
FSRF11F
SA:FSRF11F
|
N/A |
|
Onward Opportunities Ltd
LSE:ONWD
|
-0.010x |
|
JPMorgan Emerging Markets Ord
LSE:JMG
|
0.007x |
|
Vantage Equities Inc
PSE:V
|
-0.040x |
Annual Cash Flow Conversion Efficiency for Ocean Harvest Technology Group PLC (2020–2023)
The table below shows the annual cash flow conversion efficiency of Ocean Harvest Technology Group PLC from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | GBX5.11 Million | GBX-3.17 Million | -0.620x | +88.69% |
| 2022-12-31 | GBX353.85K | GBX-1.94 Million | -5.481x | -1013.76% |
| 2021-12-31 | GBX3.03 Million | GBX-1.49 Million | -0.492x | +31.45% |
| 2020-12-31 | GBX1.19 Million | GBX-855.00K | -0.718x | -- |