Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approxima… Read more
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.005x
Based on the latest financial reports, Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) has a cash flow conversion efficiency ratio of 0.005x 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 ($3.42 Million) by net assets ($723.32 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Chongqing Sansheng Building Materials Co Ltd
SHE:002742
|
-0.009x |
|
Nanjing Aolian Ae&Ea Co Ltd
SHE:300585
|
0.024x |
|
ALTERRA PWR
F:9ME
|
N/A |
|
Latin Resources Ltd
AU:LRS
|
-0.012x |
|
China Railway Harbin Group of Technology Corp. A
SHG:688459
|
N/A |
|
Bosun Tools Co Ltd
SHE:002282
|
-0.010x |
|
Advanced International Multitech Co Ltd
TWO:8938
|
0.058x |
|
The Star Entertainment Group Limited
PINK:EHGRF
|
-0.170x |
Annual Cash Flow Conversion Efficiency for Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (2013–2023)
The table below shows the annual cash flow conversion efficiency of Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock from 2013 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $719.61 Million | $40.08 Million | 0.056x | -6.97% |
| 2022-12-31 | $731.36 Million | $43.79 Million | 0.060x | +8.93% |
| 2021-12-31 | $589.07 Million | $32.38 Million | 0.055x | -15.63% |
| 2020-12-31 | $383.79 Million | $25.00 Million | 0.065x | -14.96% |
| 2019-12-31 | $278.97 Million | $21.37 Million | 0.077x | +33.26% |
| 2018-12-31 | $181.05 Million | $10.41 Million | 0.057x | +4.08% |
| 2017-12-31 | $117.95 Million | $6.51 Million | 0.055x | -42.30% |
| 2016-12-31 | $87.78 Million | $8.40 Million | 0.096x | +57.08% |
| 2015-12-31 | $78.01 Million | $4.75 Million | 0.061x | +3.13% |
| 2014-12-31 | $59.97 Million | $3.54 Million | 0.059x | +722.70% |
| 2013-12-31 | $48.51 Million | $-460.35K | -0.009x | -- |