Akoustis Technologies, Inc. Cash Flow Conversion Efficiency
Akoustis Technologies, Inc. cash flow conversion efficiency. Based on the latest financial reports, Akoustis Technologies, Inc. (AKTSQ) has a cash flow conversion efficiency ratio of 0.187x as of September 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 ($-12.20 Million) by net assets ($-65.22 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 Akoustis Technologies, Inc. (2021–2024)
Cash flow conversion efficiency of Akoustis Technologies, Inc. from 2021 to 2024. This chart illustrates how Akoustis Technologies, Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View AKTSQ share price today for real-time trading data and today's change.
Akoustis Technologies, Inc. Cash Flow Conversion Ratio Explained
Akoustis Technologies, Inc. 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.
Akoustis Technologies, Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Akoustis Technologies, Inc. ranked by their cash flow conversion efficiency. Also see Akoustis Technologies, Inc. stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mercantile Ports & Logistics Ltd
LSE:MPL
|
-0.010x |
|
DSW Capital PLC
LSE:DSW
|
0.184x |
|
Power Metal Resources plc
LSE:POW
|
-0.078x |
|
SCANDION ONC. DK-0735
F:8VY
|
N/A |
|
MYCELX Technologies Corporation
LSE:MYX
|
-0.075x |
|
Georgina Energy PLC
LSE:GEX
|
0.323x |
|
Mosman Oil and Gas Ltd
LSE:MSMN
|
-0.118x |
|
Cerinnov Group SA
PA:ALPCV
|
0.999x |
Annual Cash Flow Conversion Efficiency for Akoustis Technologies, Inc. (2021–2024)
The table below shows the annual cash flow conversion efficiency of Akoustis Technologies, Inc. from 2021 to 2024. Review Akoustis Technologies, Inc. (AKTSQ) flexibility index to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | $-57.09 Million | $-40.35 Million | 0.707x | +235.97% |
| 2023-06-30 | $86.24 Million | $-44.82 Million | -0.520x | -18.94% |
| 2022-06-30 | $103.43 Million | $-45.20 Million | -0.437x | -74.72% |
| 2021-06-30 | $117.41 Million | $-29.36 Million | -0.250x | -- |
About Akoustis Technologies, Inc.
Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the wireless industry in the Americas, Asia, Europe, and internationally. It operates in two segments, Fabrication Services and RF Filters. The Fabrication Services segment provides engineering review and backend packaging services. The RF Filter… Read more