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. See how leveraged is Tap Global Group Plc's balance sheet to measure how much of total assets are equity-financed.
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. Check how high is Tap Global Group Plc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SDM SE INH O.N.
F:75S
|
N/A |
|
Orcadian Energy PLC
LSE:ORCA
|
-0.093x |
|
FUSION FUEL GREEN CL.A
F:60P
|
N/A |
|
Goldstone Resources Ltd
LSE:GRL
|
-0.201x |
|
Tandem Group
LSE:TND
|
0.050x |
|
Dosni Roha Indonesia Tbk PT
JK:ZBRA
|
0.240x |
|
Worsley Investors Ltd
LSE:WINV
|
0.025x |
|
Nexus Infrastructure plc
LSE:NEXS
|
0.048x |
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. For the full company profile with market capitalisation and key ratios, see Tap Global Group Plc market capitalisation.
| 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.