Digital Currency X Technology Inc. (DCX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Digital Currency X Technology Inc. (DCX) has a cash flow conversion efficiency ratio of -0.006x as of March 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 ($-802.68K) by net assets ($137.12 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Digital Currency X Technology Inc. - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Digital Currency X Technology Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Digital Currency X Technology Inc. total liabilities for a breakdown of total debt and financial obligations.
Digital Currency X Technology Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Digital Currency X Technology Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Geekco Technologies Corp
V:GKO
|
0.288x |
|
MQ Technology Bhd
KLSE:0070
|
0.045x |
|
Century Global Commodities Corp
TO:CNT
|
-0.047x |
|
BP Prudhoe Bay Royalty Trust
NYSE:BPT
|
-0.104x |
|
Dongwon Systems Corp
KO:014825
|
0.072x |
|
Olivut Resources Ltd
V:OLV
|
-0.350x |
|
Argeo AS
OL:ARGEO
|
-0.020x |
|
Science Group plc
LSE:SAG
|
0.196x |
Annual Cash Flow Conversion Efficiency for Digital Currency X Technology Inc. (2021–2024)
The table below shows the annual cash flow conversion efficiency of Digital Currency X Technology Inc. from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see DCX market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-145.49 Million | $-25.46 Million | 0.175x | -65.50% |
| 2023-12-31 | $-78.87 Million | $-40.02 Million | 0.507x | -63.44% |
| 2022-12-31 | $16.13 Million | $22.38 Million | 1.388x | +794.94% |
| 2021-12-31 | $112.03 Million | $-22.37 Million | -0.200x | -- |
About Digital Currency X Technology Inc.
Digital Currency X Technology Inc. engages in the design and development, production, sale, and after-sale service new energy vehicles and vehicle parts. in China. The company offers passenger vehicles, including small cars, sedans, and sports utility vehicles; and commercial vehicles, such as light trucks and vans. It also exports its products. The company was formerly known as Chijet Motor Comp… Read more