Gaming Technologies Inc. Common Stock Cash Flow Conversion Efficiency
Gaming Technologies Inc. Common Stock cash flow conversion efficiency. Based on the latest financial reports, Gaming Technologies Inc. Common Stock (GMGT) has a cash flow conversion efficiency ratio of 0.110x as of March 2023. 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 ($-490.30K) by net assets ($-4.47 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 Gaming Technologies Inc. Common Stock (2018–2022)
Cash flow conversion efficiency of Gaming Technologies Inc. Common Stock from 2018 to 2022. This chart illustrates how Gaming Technologies Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Gaming Technologies Inc. Common Stock (GMGT) stock price for real-time trading data and today's change.
Gaming Technologies Inc. Common Stock Cash Flow Conversion Ratio Explained
Gaming Technologies Inc. Common Stock 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.
Gaming Technologies Inc. Common Stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gaming Technologies Inc. Common Stock ranked by their cash flow conversion efficiency. Also see how much is Gaming Technologies Inc. Common Stock worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sonder Holdings Inc
NASDAQ:SOND
|
0.040x |
|
WICKET GAMING AB
F:7Q4
|
0.015x |
|
Chordate Medical Holding AB
ST:CMH
|
-0.514x |
|
FAT Brands Inc
NASDAQ:FATBW
|
0.050x |
|
Alina Holdings PLC
LSE:ALNA
|
-0.041x |
|
4by4 Inc
KQ:389140
|
N/A |
|
Empyrean Energy Plc
LSE:EME
|
0.110x |
|
Mobile Max-M
TA:MBMX
|
-3.104x |
Annual Cash Flow Conversion Efficiency for Gaming Technologies Inc. Common Stock (2018–2022)
The table below shows the annual cash flow conversion efficiency of Gaming Technologies Inc. Common Stock from 2018 to 2022. Review free cash flow generation of Gaming Technologies Inc. Common Stock 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 |
|---|---|---|---|---|
| 2022-12-31 | $-4.47 Million | $-1.17 Million | 0.261x | -93.59% |
| 2021-12-31 | $-1.97 Million | $-8.04 Million | 4.074x | +802.47% |
| 2020-12-31 | $1.59 Million | $-924.92K | -0.580x | +57.87% |
| 2019-12-31 | $313.20K | $-431.17K | -1.377x | -149287.60% |
| 2018-12-31 | $-70.00K | $-64.59 | 0.001x | -- |
About Gaming Technologies Inc. Common Stock
Gaming Technologies, Inc., a software company, engages in online gaming business in Mexico. It operates vale.mx, an online casino and sportsbook; and provides consulting and management services related to their interactive online betting and gaming business. The company was formerly known as Dito, Inc. and changed its name to Gaming Technologies, Inc. in December 2020. Gaming Technologies, Inc. w… Read more