Above Food Ingredients Inc. Common Stock Cash Flow Conversion Efficiency
Above Food Ingredients Inc. Common Stock cash flow conversion efficiency. Based on the latest financial reports, Above Food Ingredients Inc. Common Stock (ABVE) has a cash flow conversion efficiency ratio of 0.000x as of July 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 ($166.99) by net assets ($-115.21 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Above Food Ingredients Inc. Common Stock (2021–2024)
Cash flow conversion efficiency of Above Food Ingredients Inc. Common Stock from 2021 to 2024. This chart illustrates how Above Food Ingredients Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. View ABVE live share price for real-time trading data and today's change.
Above Food Ingredients Inc. Common Stock Cash Flow Conversion Ratio Explained
Above Food Ingredients Inc. Common Stock cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Above Food Ingredients Inc. Common Stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Above Food Ingredients Inc. Common Stock ranked by their cash flow conversion efficiency. Also see ABVE market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Castelbajac Co. Ltd
KQ:308100
|
0.011x |
|
Cardio Diagnostics Holdings Inc
NASDAQ:CDIO
|
-0.181x |
|
Astrotech Corp
NASDAQ:ASTC
|
-0.228x |
|
Gayatri Highways Limited
NSE:GAYAHWS
|
1.168x |
|
ACG Acquisition Co. Ltd.
LSE:ACG
|
0.494x |
|
HYDROTOR SA
WAR:HDR
|
0.017x |
|
Bio Green Med Solution, Inc.
NASDAQ:BGMS
|
-0.005x |
|
Ignite Ltd
AU:IGN
|
0.302x |
Annual Cash Flow Conversion Efficiency for Above Food Ingredients Inc. Common Stock (2021–2024)
The table below shows the annual cash flow conversion efficiency of Above Food Ingredients Inc. Common Stock from 2021 to 2024. Review how much free cash does Above Food Ingredients Inc. Common Stock generate to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-01-31 | $-46.26 Million | $7.15 Million | -0.155x | -359.46% |
| 2023-01-31 | $29.11 Million | $-978.98K | -0.034x | -612.06% |
| 2022-01-31 | $199.86 Million | $-944.05K | -0.005x | +66.45% |
| 2021-01-31 | $30.90K | $-435.00 | -0.014x | -- |
About Above Food Ingredients Inc. Common Stock
Above Food Ingredients Inc., a regenerative ingredient company, produces vertically integrated supply chain products in Canada, the United States, Mexico, China, France, Turkey, and internationally. It operates through two segments: Disruptive Agriculture and Rudimentary Ingredients, and Consumer Packaged Goods. The Disruptive Agriculture and Rudimentary Ingredients segment engages in the provisi… Read more