Tap Global Group Plc (TAP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tap Global Group Plc (TAP) has a cash flow conversion efficiency ratio of 0.065x as of December 2018. 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 (GBX8.02 Million ≈ $975.68 USD) by net assets (GBX124.27 Million ≈ $15.12K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is Tap Global Group Plc worth for the company's overall valuation and market capitalisation.
Tap Global Group Plc - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how Tap Global Group Plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Tap Global Group Plc (TAP) stock price for real-time trading data and today's change.
Tap Global Group Plc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tap Global Group Plc ranked by their cash flow conversion efficiency. Review TAP free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Panamax AG
F:ICP
|
N/A |
|
Tern Plc
LSE:TERN
|
-0.090x |
|
Tavistock Investments Plc
LSE:TAVI
|
-0.050x |
|
Caerus Mineral Resources PLC
LSE:CMRS
|
-0.182x |
|
Hydrogenone Capital Growth PLC
LSE:HGEN
|
-0.012x |
|
Frontier IP Group Plc
LSE:FIPP
|
-0.044x |
|
Velocity Composites plc
LSE:VEL
|
0.239x |
|
NB Distressed Debt New Glb
LSE:NBDG
|
-0.006x |
Annual Cash Flow Conversion Efficiency for Tap Global Group Plc (2021–2025)
The table below shows the annual cash flow conversion efficiency of Tap Global Group Plc from 2021 to 2025. Also see Tap Global Group Plc (TAP) total assets for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | GBX2.85 Million ≈ $346.60 |
GBX-183.84K ≈ $-22.37 |
-0.065x | +71.62% |
| 2024-06-30 | GBX7.49 Million ≈ $911.72 |
GBX-1.70 Million ≈ $-207.29 |
-0.227x | -261.27% |
| 2023-06-30 | GBX25.68 Million ≈ $3.12K |
GBX-1.62 Million ≈ $-196.67 |
-0.063x | +41.56% |
| 2022-06-30 | GBX2.86 Million ≈ $347.84 |
GBX-307.89K ≈ $-37.46 |
-0.108x | -98.84% |
| 2021-06-30 | GBX3.16 Million ≈ $384.48 |
GBX-171.16K ≈ $-20.82 |
-0.054x | -- |
About Tap Global Group Plc
Tap Global Group Plc, together with its subsidiaries, provides application and trading platform for crypto currencies in the United Kingdom and internationally. The company was formerly known as Quetzal Capital PLC. Tap Global Group Plc was founded in 2019 and is based in London, the United Kingdom.