Biocept Inc.
Biocept, Inc., a molecular oncology diagnostics company, develops and commercializes proprietary clinical diagnostic laboratory assays designed to identify rare tumor cells and cell-free tumor DNA from blood and cerebrospinal fluid, or CSF in the United States. Its cancer assays provide information to healthcare providers to identify oncogenic alterations that qualify a subset of cancer patients … Read more
Biocept Inc. (BIOCQ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -10.641x
Based on the latest financial reports, Biocept Inc. (BIOCQ) has a cash flow conversion efficiency ratio of -10.641x as of June 2023.
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 ($-3.09 Million) by net assets ($290.00K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Biocept Inc. - Cash Flow Conversion Efficiency Trend (2019–2022)
This chart illustrates how Biocept 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.
Biocept Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Biocept Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
First Equity Modaraba
KAR:FEM
|
N/A |
|
Le@p Technology Inc
PINK:LPTC
|
0.039x |
|
Waves Home App
KAR:WAVESAPP
|
N/A |
|
Horseshoe Metals Limited (6HS.S
STU:6HS
|
0.090x |
|
Argo Group Limited
LSE:ARGO
|
-0.076x |
|
Merit Packaging Ltd
KAR:MERIT
|
N/A |
|
Elsaeed Contracting& Real Estate Investment Company SCCD
EGX:UEGC
|
N/A |
|
Sysorex Inc
PINK:SYSX
|
0.001x |
Annual Cash Flow Conversion Efficiency for Biocept Inc. (2019–2022)
The table below shows the annual cash flow conversion efficiency of Biocept Inc. from 2019 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $8.86 Million | $-13.29 Million | -1.500x | -1623.46% |
| 2021-12-31 | $37.48 Million | $3.69 Million | 0.098x | +111.79% |
| 2020-12-31 | $23.69 Million | $-19.79 Million | -0.835x | +59.42% |
| 2019-12-31 | $11.20 Million | $-23.05 Million | -2.058x | -- |