African Agriculture Holdings Inc. (AAGR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, African Agriculture Holdings Inc. (AAGR) has a cash flow conversion efficiency ratio of 0.078x as of March 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 ($-1.90 Million) by net assets ($-24.36 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see African Agriculture Holdings Inc. market capitalisation for the company's overall valuation and market capitalisation.
African Agriculture Holdings Inc. - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how African Agriculture Holdings Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View AAGR stock price for real-time trading data and today's change.
African Agriculture Holdings Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of African Agriculture Holdings Inc. ranked by their cash flow conversion efficiency. Review AAGR free cash flow debt coverage to assess the company's free cash flow relative to its total liabilities.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
immatics biotechnologies GmbH
NASDAQ:IMTXW
|
-0.064x |
|
Ucommune International Ltd
NASDAQ:UKOMW
|
-0.017x |
|
BriaCell Therapeutics Corp
NASDAQ:BCTXW
|
-0.270x |
|
Neovacs S.A.
PA:ALNEV
|
-0.144x |
|
Latch Inc
NASDAQ:LTCHW
|
-0.134x |
|
WM Technology Inc
NASDAQ:MAPSW
|
-0.010x |
|
Zivo Bioscience Inc. Warrants
NASDAQ:ZIVOW
|
-0.814x |
|
BELLHAVEN COPPER
F:4BL
|
N/A |
Annual Cash Flow Conversion Efficiency for African Agriculture Holdings Inc. (2021–2023)
The table below shows the annual cash flow conversion efficiency of African Agriculture Holdings Inc. from 2021 to 2023. Also see African Agriculture Holdings Inc. asset portfolio for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-22.58 Million | $-3.97 Million | 0.176x | -75.61% |
| 2022-12-31 | $-3.75 Million | $-2.70 Million | 0.721x | +180.95% |
| 2021-12-31 | $-13.80 Million | $-3.54 Million | 0.257x | -- |
About African Agriculture Holdings Inc.
African Agriculture Holdings Inc., through its subsidiary Les Fermes de la Teranga SA, develops commercial farming business focusing on the production and sale of alfalfa for cattle feed and nutrition purposes in Africa. The company is based in New York, New York. African Agriculture Holdings Inc. is a subsidiary of Global Commodities & Investments Ltd.