Blue Star Foods Corp
Blue Star Foods Corp., through its subsidiaries, operates as a marine protein company in the United States and Canada. The company imports, packages, and sells refrigerated pasteurized crab meats and other premium seafood products. It sells its products primarily to food service distributors, as well as wholesalers, retail establishments, and seafood distributors under the Blue Star, Oceanica, Pa… Read more
Blue Star Foods Corp (BSFC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.348x
Based on the latest financial reports, Blue Star Foods Corp (BSFC) has a cash flow conversion efficiency ratio of -0.348x 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 ($-1.65 Million) by net assets ($4.73 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Blue Star Foods Corp - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how Blue Star Foods Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Blue Star Foods Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Blue Star Foods Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BPIC39
SA:BPIC39
|
N/A |
|
Cordiant Digital Infrastructure Ltd
LSE:CSRD
|
-0.002x |
|
MTRWS
OTCGREY:MTRWS
|
N/A |
|
Ellsworth Convertible Growth & IF
NYSE MKT:ECF
|
-0.076x |
|
CFI-Compagnie Foncière Internationale
PA:CFI
|
0.135x |
|
Shinsegae Engineering & Construction Co. Ltd.
KQ:034300
|
N/A |
|
CMC Markets PLC
LSE:CMCX
|
-0.026x |
|
Coretec Group Inc
PINK:CRTG
|
0.486x |
Annual Cash Flow Conversion Efficiency for Blue Star Foods Corp (2016–2023)
The table below shows the annual cash flow conversion efficiency of Blue Star Foods Corp from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $2.59 Million | $-3.53 Million | -1.361x | -146.84% |
| 2022-12-31 | $-1.25 Million | $-3.62 Million | 2.905x | +635.37% |
| 2021-12-31 | $8.91 Million | $-4.83 Million | -0.543x | +99.77% |
| 2020-12-31 | $-19.72K | $4.58 Million | -231.992x | -7544.67% |
| 2019-12-31 | $-519.71K | $1.58 Million | -3.035x | +31.71% |
| 2018-12-31 | $-819.51K | $3.64 Million | -4.444x | +99.48% |
| 2017-12-31 | $3.61K | $-3.08 Million | -851.355x | -26316.99% |
| 2016-12-31 | $-1.28 Million | $4.12 Million | -3.223x | -- |