Can B Corp Cash Flow Conversion Efficiency
Can B Corp cash flow conversion efficiency. Based on the latest financial reports, Can B Corp (CANB) has a cash flow conversion efficiency ratio of -0.001x 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 ($9.10K) by net assets ($-9.79 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Can B Corp (2010–2023)
Cash flow conversion efficiency of Can B Corp from 2010 to 2023. This chart illustrates how Can B Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Can B Corp stock quote for real-time trading data and today's change.
Can B Corp Cash Flow Conversion Ratio Explained
Can B Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Can B Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Can B Corp ranked by their cash flow conversion efficiency. Also see market cap of Can B Corp for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ceylon Graphite Corp
V:CYL
|
1.418x |
|
Cosmo Metals Ltd
AU:CMO
|
-0.018x |
|
PREMIA FINANCE O.N.
F:81U
|
N/A |
|
Crown LNG Holdings Limited Warrants
NASDAQ:CGBSW
|
-0.192x |
|
Avira Resources Ltd
AU:AVW
|
-0.168x |
|
JPMorgan China Growth & Income PLC
LSE:JCGI
|
0.008x |
|
Falcon Oil & Gas Ltd.
LSE:FOG
|
-0.027x |
|
CN Energy Group Inc
NASDAQ:CNEY
|
-0.005x |
Annual Cash Flow Conversion Efficiency for Can B Corp (2010–2023)
The table below shows the annual cash flow conversion efficiency of Can B Corp from 2010 to 2023. Review Can B Corp free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-1.00 Million | $-1.30 Million | 1.302x | +188.98% |
| 2022-12-31 | $2.70 Million | $-3.95 Million | -1.463x | -12.28% |
| 2021-12-31 | $5.62 Million | $-7.32 Million | -1.303x | -117.90% |
| 2020-12-31 | $3.26 Million | $-1.95 Million | -0.598x | -57.75% |
| 2019-12-31 | $6.37 Million | $-2.41 Million | -0.379x | -75.52% |
| 2018-12-31 | $3.49 Million | $-753.57K | -0.216x | -230.51% |
| 2017-12-31 | $-1.73 Million | $-286.29K | 0.165x | -40.21% |
| 2016-12-31 | $-514.59K | $-142.43K | 0.277x | +107.70% |
| 2015-12-31 | $99.99K | $-359.62K | -3.597x | -3813.38% |
| 2014-12-31 | $98.82K | $-9.08K | -0.092x | +98.50% |
| 2013-12-31 | $61.42K | $-375.97K | -6.121x | +61.68% |
| 2012-12-31 | $34.72K | $-554.69K | -15.975x | -4647.76% |
| 2011-12-31 | $1.18 Million | $-396.78K | -0.336x | -139.19% |
| 2010-12-31 | $-174.70K | $-149.99K | 0.859x | -- |
About Can B Corp
Can B Corp. develops, manufactures, and sells hemp biomass derived products containing cannabinoids. The company provides hemp cannabinoid products, including oils, creams, moisturizers, isolate, gel caps, spa products, concentrates, and lifestyle products. It sells its products under the Canbiola and Pure Leaf Oil brands through medical professionals under distribution agreements and its website… Read more