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. See AKTSQ net asset quality score to measure how much of total assets are equity-financed.
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. Explore how well can Akoustis Technologies, Inc. service its debt to assess how comfortably operating cash covers total debt obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Chill Brands Group PLC
LSE:CHLL
|
0.919x |
|
Fulcrum Metals PLC
LSE:FMET
|
N/A |
|
SCANDION ONC. DK-0735
F:8VY
|
N/A |
|
Renalytix AI plc
LSE:RENX
|
4.746x |
|
RTC Group plc
LSE:RTC
|
0.236x |
|
Mosman Oil and Gas Ltd
LSE:MSMN
|
-0.118x |
|
LPA Group
LSE:LPA
|
-0.068x |
|
Safe Orthopaedics SA
PA:ALSAF
|
0.098x |
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. For the full company profile with market capitalisation and key ratios, see Akoustis Technologies, Inc. stock valuation.
| 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