DigiAsia Corp (FAAS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, DigiAsia Corp (FAAS) has a cash flow conversion efficiency ratio of -0.013x as of March 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 ($-168.93K) by net assets ($13.10 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See DigiAsia Corp (FAAS) net asset quality to measure how much of total assets are equity-financed.
DigiAsia Corp - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how DigiAsia Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of DigiAsia Corp to evaluate the quality of earnings relative to operating cash generation.
DigiAsia Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of DigiAsia Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Totalindo Eka Persada Tbk PT
JK:TOPS
|
-0.009x |
|
Verney-Carron S.A
PA:MLVER
|
N/A |
|
Osteopore Ltd
AU:OSX
|
0.739x |
|
Crest Nicholson Holdings plc
LSE:CRST
|
0.080x |
|
Helios Underwriting PLC
LSE:HUW
|
-0.486x |
|
Sungmoon Electronics Co Ltd
KO:014915
|
0.037x |
|
BATHURST METALS CORP.
F:J1Q0
|
-0.113x |
|
Shyam Telecom Limited
NSE:SHYAMTEL
|
0.000x |
Annual Cash Flow Conversion Efficiency for DigiAsia Corp (2021–2023)
The table below shows the annual cash flow conversion efficiency of DigiAsia Corp from 2021 to 2023. For the full company profile with market capitalisation and key ratios, see market value of DigiAsia Corp.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $13.10 Million | $-688.48K | -0.053x | +41.78% |
| 2022-12-31 | $17.94 Million | $-1.62 Million | -0.090x | +92.34% |
| 2021-12-31 | $15.24 Million | $-17.95 Million | -1.178x | -- |
About DigiAsia Corp
DigiAsia Corp. develops an AI embedded finance platform in Southeast Asia. It offers B2B fintech platform for bill payments, supply chain payments, and branchless banking solutions for merchants, partners, and customers; digital wallets; QRIS Payment as a Service; Cash Management system for ERP system that allows users to create a closed-loop cash management system; Digital Product & Billers, whi… Read more