DigiAsia Corp Cash Flow Conversion Efficiency
DigiAsia Corp 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.
Cash Flow Conversion Efficiency of DigiAsia Corp (2021–2023)
Cash flow conversion efficiency of DigiAsia Corp from 2021 to 2023. This chart illustrates how DigiAsia Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View FAAS stock price and chart for real-time trading data and today's change.
DigiAsia Corp Cash Flow Conversion Ratio Explained
DigiAsia 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.
DigiAsia Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of DigiAsia Corp ranked by their cash flow conversion efficiency. Also see how much is DigiAsia Corp worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PHOENIX COPPER LTD.
F:5HR
|
N/A |
|
Dotdigital Group Plc
LSE:DOTD
|
0.067x |
|
Tarachi Gold Corp
F:4RZ
|
-0.031x |
|
Totalindo Eka Persada Tbk PT
JK:TOPS
|
-0.009x |
|
Genel Energy Plc
LSE:GENL
|
-0.014x |
|
Cyabra, Inc. Common Stock
NASDAQ:CYAB
|
0.200x |
|
BATHURST METALS CORP.
F:J1Q0
|
-0.113x |
|
Lambo Group Bhd
KLSE:0018
|
-0.022x |
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. Review FAAS free cash flow generation 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 | $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