HeartCore Enterprises Inc (HTCR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, HeartCore Enterprises Inc (HTCR) has a cash flow conversion efficiency ratio of -0.031x as of September 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 ($-120.10K) by net assets ($3.82 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
HeartCore Enterprises Inc - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how HeartCore Enterprises Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of HeartCore Enterprises Inc for a breakdown of total debt and financial obligations.
HeartCore Enterprises Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of HeartCore Enterprises Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Galliford Try PLC
LSE:GFRD
|
0.088x |
|
N1 Holdings Ltd
AU:N1H
|
8.014x |
|
Wira Global Solusi Tbk PT
JK:WGSH
|
0.021x |
|
Westbond Enterprises Corp
V:WBE
|
0.025x |
|
Aquila SA
PA:ALAQU
|
0.052x |
|
Blackrock Smaller Companies Trust PLC
LSE:BRSC
|
0.008x |
|
Da Lue International Holding Co Ltd
TWO:4804
|
0.027x |
|
Avon Protection PLC
LSE:AVON
|
0.096x |
Annual Cash Flow Conversion Efficiency for HeartCore Enterprises Inc (2019–2024)
The table below shows the annual cash flow conversion efficiency of HeartCore Enterprises Inc from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see HeartCore Enterprises Inc stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $3.46 Million | $-4.77 Million | -1.379x | -144.14% |
| 2023-12-31 | $7.67 Million | $-4.33 Million | -0.565x | +43.52% |
| 2022-12-31 | $4.81 Million | $-4.81 Million | -1.000x | +27.04% |
| 2021-12-31 | $-558.95K | $766.30K | -1.371x | -94.92% |
| 2020-12-31 | $-1.06 Million | $745.75K | -0.703x | -313.50% |
| 2019-12-31 | $-2.08 Million | $-685.80K | 0.329x | -- |
About HeartCore Enterprises Inc
HeartCore Enterprises, Inc., a software development company, provides software as a service solutions to enterprise customers in Japan, the United States, and internationally. Its customer experience management platform includes marketing, sales, service, and content management systems, as well as other tools and integrations that enable companies to attract and engage customers throughout the cu… Read more