Akoustis Technologies, Inc. (AKTSQ) - 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. Also see Akoustis Technologies, Inc. (AKTSQ) market capitalisation for the company's overall valuation and market capitalisation.
Akoustis Technologies, Inc. - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Akoustis Technologies, Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. See AKTSQ cash flow to debt ratio to evaluate how effectively operating cash flow covers total debt obligations.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Thruvision Group PLC
LSE:THRU
|
-0.076x |
|
Dianomi PLC
LSE:DNM
|
-0.364x |
|
SCANDION ONC. DK-0735
F:8VY
|
N/A |
|
QuiaPEG Pharmaceuticals Holding AB
ST:QUIA
|
-0.115x |
|
Boostheat
PA:ALBOO
|
-8.082x |
|
Biosergen AS
ST:BIOSGN
|
-0.954x |
|
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. View AKTSQ stock price for real-time trading data and today's change.
| 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