Airgain Inc (AIRG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Airgain Inc (AIRG) has a cash flow conversion efficiency ratio of -0.014x as of September 2025. 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 ($-411.00K) by net assets ($29.73 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Airgain Inc's balance sheet to measure how much of total assets are equity-financed.
Airgain Inc - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Airgain Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Airgain Inc to evaluate the quality of earnings relative to operating cash generation.
Airgain Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Airgain Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bali Bintang Sejahtera Tbk PT
JK:BOLA
|
-0.009x |
|
Bridgford Foods Corporation
NASDAQ:BRID
|
-0.055x |
|
Taeyang Metal
KO:004100
|
0.052x |
|
LGMS Berhad
KLSE:0249
|
0.039x |
|
Westhaven Ventures Inc
V:WHN
|
-0.022x |
|
Cayson Acquisition Corp Ordinary shares
NASDAQ:CAPN
|
0.000x |
|
Daebongls.Co.Ltd
KQ:078140
|
-0.018x |
|
Mercury Securities Group Berhad
KLSE:0285
|
0.012x |
Annual Cash Flow Conversion Efficiency for Airgain Inc (2012–2024)
The table below shows the annual cash flow conversion efficiency of Airgain Inc from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see AIRG market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $30.97 Million | $-3.53 Million | -0.114x | -8.38% |
| 2023-12-31 | $31.41 Million | $-3.30 Million | -0.105x | -194.13% |
| 2022-12-31 | $39.83 Million | $4.45 Million | 0.112x | +144.15% |
| 2021-12-31 | $44.17 Million | $-11.17 Million | -0.253x | -425.93% |
| 2020-12-31 | $47.74 Million | $3.70 Million | 0.078x | +58.15% |
| 2019-12-31 | $47.90 Million | $2.35 Million | 0.049x | +60.90% |
| 2018-12-31 | $45.15 Million | $1.38 Million | 0.030x | +653.44% |
| 2017-12-31 | $46.22 Million | $-254.66K | -0.006x | -105.31% |
| 2016-12-31 | $45.03 Million | $4.67 Million | 0.104x | -79.28% |
| 2015-12-31 | $3.69 Million | $1.85 Million | 0.500x | -7.27% |
| 2014-12-31 | $3.05 Million | $1.65 Million | 0.540x | -28.45% |
| 2013-12-31 | $2.67 Million | $2.01 Million | 0.754x | +196.35% |
| 2012-12-31 | $898.83K | $228.78K | 0.255x | -- |
About Airgain Inc
Airgain, Inc. provides wireless connectivity solutions that offers embedded components, external antennas, and integrated systems worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; profile ceramic embedded antenna; ultra embedded antennas; and SmartMax embedded antennas. It offers embedded and NimbeLink embedded moder… Read more