Damon Inc. Common Stock (DMN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Damon Inc. Common Stock (DMN) has a cash flow conversion efficiency ratio of 0.392x as of March 2025. 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 ($-8.04 Million) by net assets ($-20.51 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See DMN equity to assets ratio to measure how much of total assets are equity-financed.
Damon Inc. Common Stock - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how Damon Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Damon Inc. Common Stock to evaluate the quality of earnings relative to operating cash generation.
Damon Inc. Common Stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Damon Inc. Common Stock ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Opthea Limited
NASDAQ:OPTEY
|
N/A |
|
Eguana Technologies Inc
V:EGT
|
0.006x |
|
Cullen Resources Ltd
AU:CUL
|
0.183x |
|
Cosmo Metals Ltd
AU:CMO
|
-0.035x |
|
Netcapital Inc
NASDAQ:NCPL
|
-0.040x |
|
E Tech Resources Inc
V:REE
|
-0.055x |
|
ROLLING OPTICS HOLDING AB
F:5LN
|
-0.033x |
|
Ricky Putra Globalindo Tbk
JK:RICY
|
-0.004x |
Annual Cash Flow Conversion Efficiency for Damon Inc. Common Stock (2022–2024)
The table below shows the annual cash flow conversion efficiency of Damon Inc. Common Stock from 2022 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Damon Inc. Common Stock.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | $-9.24 Million | $-12.87 Million | 1.392x | +61.62% |
| 2023-06-30 | $-24.47 Million | $-21.08 Million | 0.862x | +137.71% |
| 2022-06-30 | $10.70 Million | $-24.44 Million | -2.285x | -- |
About Damon Inc. Common Stock
Damon Inc., through its subsidiary, Damon Motors Inc. develops electric motorcycles and other personal mobility products electric motorcycles and other personal mobility products. The company develops electric motorcycles, including HyperSport and HyperFighter. It also develops HyperDrive, a common powertrain platform for both the HyperSport and HyperFighter models; and CoPilot, which provides a … Read more