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.
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. Explore and compare other companies by cash flow conversion efficiency.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Coal Asia Holdings Inc
PSE:COAL
|
-0.001x |
|
ProService Building Services Marketplace Plc
LSE:PRO
|
N/A |
|
ALBA MINERAL RES LS-0001
F:9AB
|
N/A |
|
BEZANT RES (BN5.SG)
STU:BN5
|
-0.173x |
|
SMART PRODUCTS NIGERIA PLC
XNSA:SMURFIT
|
N/A |
|
AMALGAMATED REGIONAL TRADING (ART) HOLDINGS LIMITED
XZIM:ARTD
|
N/A |
|
STACO INSURANCE PLC
XNSA:STACO
|
N/A |
|
MULTI-TREX INTEGRATED FOODS PLC
XNSA:MULTITREX
|
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.
| 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.