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. Also see DigiAsia Corp market capitalisation for the company's overall valuation and market capitalisation.
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.
DigiAsia Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of DigiAsia Corp ranked by their cash flow conversion efficiency. Explore FAAS operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ace Integrated Solutions Limited
NSE:ACEINTEG
|
0.021x |
|
Biomotion Sciences Ordinary Shares
NASDAQ:SLXN
|
-66.477x |
|
Sungmoon Electronics Co Ltd
KO:014915
|
0.037x |
|
Niraj Ispat Industries Limited
NSE:NIRAJISPAT
|
0.006x |
|
Induct AS
OL:INDCT
|
N/A |
|
Baillie Gifford China Growth Trust PLC
LSE:BGCG
|
-0.002x |
|
BATHURST METALS CORP.
F:J1Q0
|
-0.113x |
|
Propanc Biopharma, Inc. Common Stock
NASDAQ:PPCB
|
-0.116x |
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. View current stock price of DigiAsia Corp for real-time trading data and today's change.
| 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