Gan Ltd (GAN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Gan Ltd (GAN) has a cash flow conversion efficiency ratio of -0.074x 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 ($1.21 Million) by net assets ($-16.48 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of Gan Ltd to measure how much of total assets are equity-financed.
Gan Ltd - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Gan Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Gan Ltd to evaluate the quality of earnings relative to operating cash generation.
Gan Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gan Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mitake Information
TWO:8284
|
-0.013x |
|
Radhika Jeweltech Limited
NSE:RADHIKAJWE
|
0.003x |
|
Sambo Corrugated Board Co. Ltd
KQ:023600
|
0.020x |
|
Sao Mai Group Corp
VN:ASM
|
-0.024x |
|
Kingcan Holdings Ltd
TW:8411
|
-0.006x |
|
Nan Liu Enterprise Co Ltd
TW:6504
|
-0.010x |
|
Raba Jarmuipari Holding Nyrt
BUD:RABA
|
0.085x |
|
Aris Gold Corporation
V:CGC
|
-1.279x |
Annual Cash Flow Conversion Efficiency for Gan Ltd (2012–2024)
The table below shows the annual cash flow conversion efficiency of Gan Ltd from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see GAN stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-11.14 Million | $5.81 Million | -0.522x | -167.38% |
| 2023-12-31 | $-4.60 Million | $-3.56 Million | 0.774x | +1387.53% |
| 2022-12-31 | $20.77 Million | $-1.25 Million | -0.060x | -169.31% |
| 2021-12-31 | $224.04 Million | $-5.00 Million | -0.022x | +45.28% |
| 2020-12-31 | $155.56 Million | $-6.35 Million | -0.041x | -109.86% |
| 2019-12-31 | $15.10 Million | $6.25 Million | 0.414x | +120.77% |
| 2018-12-31 | $11.96 Million | $2.24 Million | 0.188x | +64.33% |
| 2017-12-31 | $10.23 Million | $1.17 Million | 0.114x | +273.31% |
| 2016-12-31 | $13.75 Million | $-905.75K | -0.066x | +69.77% |
| 2015-12-31 | $15.53 Million | $-3.38 Million | -0.218x | -19.49% |
| 2014-12-31 | $23.65 Million | $-4.31 Million | -0.182x | -268.43% |
| 2013-12-31 | $29.31 Million | $3.17 Million | 0.108x | -86.60% |
| 2012-12-31 | $3.06 Million | $2.47 Million | 0.808x | -- |
About Gan Ltd
GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to iGaming and online sports betting applications in the United States, Europe, Latin America, and internationally. It operates through two segments: B2B and B2C. The company offers GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real money int… Read more