Above Food Ingredients Inc. Common Stock (ABVE) - 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. Also see ABVE market cap for the company's overall valuation and market capitalisation.
Above Food Ingredients Inc. Common Stock - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Above Food Ingredients Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore ABVE cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Rank Group PLC
LSE:RNK
|
0.163x |
|
Fragbite Group AB
ST:FRAG
|
-0.125x |
|
Astrotech Corp
NASDAQ:ASTC
|
-0.228x |
|
Gayatri Highways Limited
NSE:GAYAHWS
|
1.168x |
|
GREENHY2 Ltd
AU:H2G
|
-0.158x |
|
Fairchild Gold Corp
V:FAIR
|
-0.117x |
|
INDUSTRIAL MINERALS LTD
F:9ED
|
N/A |
|
Samfine Creation Holdings Group Limited
NASDAQ:SFHG
|
0.035x |
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. View Above Food Ingredients Inc. Common Stock (ABVE) stock price for real-time trading data and today's change.
| 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