BYND Cannasoft Enterprises Inc.
Femto Technologies Inc. develops and manufactures women's wellness devices and services. It offers its products for muscle relief and relaxation, redefining skin, and nurturing its hair, as well as sexual wellness devices. The company owns and markets Benefit customer relationship management (CRM), a proprietary customer relationship management software product that enables small and medium-sized… Read more
BYND Cannasoft Enterprises Inc. (BCAN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.548x
Based on the latest financial reports, BYND Cannasoft Enterprises Inc. (BCAN) has a cash flow conversion efficiency ratio of -0.548x 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 ($-1.61 Million) by net assets ($2.93 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
BYND Cannasoft Enterprises Inc. - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how BYND Cannasoft Enterprises Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
BYND Cannasoft Enterprises Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of BYND Cannasoft Enterprises Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SQUARE INC.
BE:SQ3
|
0.027x |
|
Enorama Pharma AB
ST:ERMA
|
2.409x |
|
iDimension Consolidated Bhd
KLSE:0174
|
0.001x |
|
Sydinvest Fjernøsten Akkumulerende KL
CO:SYIFJERADKKA
|
N/A |
|
Nuvve Holding Corp
NASDAQ:NVVE
|
2.691x |
|
Kulthorn Kirby Public Company Limited
BK:KKC
|
0.049x |
|
Lincoln Ventures Ltd
V:LX-H
|
0.000x |
|
Deneb Investments Ltd
JSE:DNB
|
0.018x |
Annual Cash Flow Conversion Efficiency for BYND Cannasoft Enterprises Inc. (2018–2023)
The table below shows the annual cash flow conversion efficiency of BYND Cannasoft Enterprises Inc. from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $34.83 Million | $-3.47 Million | -0.100x | -137.36% |
| 2022-12-31 | $49.27 Million | $-2.07 Million | -0.042x | +14.79% |
| 2021-12-31 | $7.00 Million | $-344.66K | -0.049x | +96.68% |
| 2020-12-31 | $-257.13K | $381.84K | -1.485x | -118.16% |
| 2019-12-31 | $-8.90K | $-72.74K | 8.175x | +7007.41% |
| 2018-12-31 | $344.01K | $39.57K | 0.115x | -- |