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. View TAP share price today for real-time trading data and today's change.
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. Also see Tap Global Group Plc stock valuation for the company's overall valuation and market capitalisation.
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. Also see Tap Global Group Plc total assets for a full breakdown of the balance sheet.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Chill Brands Group PLC
LSE:CHLL
|
0.919x |
|
Safe Orthopaedics SA
PA:ALSAF
|
0.143x |
|
Ondo InsurTech PLC
LSE:ONDO
|
0.068x |
|
Arcontech Group Plc
LSE:ARC
|
0.113x |
|
One Media iP Group Plc
LSE:OMIP
|
0.048x |
|
LPA Group
LSE:LPA
|
-0.068x |
|
Sumo Resources PLC
PA:MLSUM
|
N/A |
|
Greiffenberger AG
F:GRF
|
0.089x |
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. Review TAP FCF to total liabilities ratio to assess the company's free cash flow relative to its total liabilities.
| 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.