Gaming Technologies Inc. Common Stock (GMGT) - 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. See debt-free asset ratio of Gaming Technologies Inc. Common Stock to measure how much of total assets are equity-financed.
Gaming Technologies Inc. Common Stock - Cash Flow Conversion Efficiency Trend (2018–2022)
This chart illustrates how Gaming Technologies Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Gaming Technologies Inc. Common Stock cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mobile Max-M
TA:MBMX
|
-3.104x |
|
Alina Holdings PLC
LSE:ALNA
|
-0.041x |
|
Sonder Holdings Inc
NASDAQ:SOND
|
0.040x |
|
Blue Star Capital plc
LSE:BLU
|
-0.049x |
|
Catenai PLC
LSE:CTAI
|
-0.188x |
|
Physiomics Plc
LSE:PYC
|
-0.514x |
|
Botswana Diamonds plc
LSE:BOD
|
-0.001x |
|
Hsin Yung Chien Co Ltd
TW:2114
|
0.010x |
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. For the full company profile with market capitalisation and key ratios, see Gaming Technologies Inc. Common Stock (GMGT) market capitalisation.
| 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