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. See ABVE equity to assets ratio to measure how much of total assets are equity-financed.
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. Check ABVE cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Neola Medical AB
ST:NEOLA
|
-0.050x |
|
Vinvest Capital Holdings Bhd
KLSE:0069
|
-0.012x |
|
Akash Infra-Projects Limited
NSE:AKASH
|
0.021x |
|
Newton Golf Company
NASDAQ:NWTG
|
-1.150x |
|
GREENHY2 Ltd
AU:H2G
|
-0.158x |
|
Fairchild Gold Corp
V:FAIR
|
-0.117x |
|
Intercont (Cayman) Limited Ordinary shares
NASDAQ:NCT
|
N/A |
|
Heavy Rare EARTHS Ltd
AU:HRE
|
-0.534x |
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. For the full company profile with market capitalisation and key ratios, see Above Food Ingredients Inc. Common Stock (ABVE) total market value.
| 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