Lucy Scientific Discovery Inc. (LSDIF) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Lucy Scientific Discovery Inc. (LSDIF) has a cash flow conversion efficiency ratio of -9.112x as of December 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 ($-739.51K) by net assets ($81.16K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lucy Scientific Discovery Inc. - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Lucy Scientific Discovery Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Lucy Scientific Discovery Inc. balance sheet liabilities for a breakdown of total debt and financial obligations.
Lucy Scientific Discovery Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lucy Scientific Discovery Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Carbon Revolution Public Limited Ordinary Shares
NASDAQ:CREV
|
0.137x |
|
Ordinary Fully Paid Deferred Settlement
AU:EDEDA
|
-1.051x |
|
Pyxis Tankers Inc
NASDAQ:PXSAW
|
0.033x |
|
Rompetrol Rafi
RO:RRC
|
0.103x |
|
Ordinary Fully Paid Deferred Settlement
AU:ADDDB
|
N/A |
|
NLS Pharmaceutics AG
NASDAQ:NLSPW
|
-0.719x |
|
VIFRANA
RO:BIOW
|
N/A |
|
Seed Capital Solutions Plc
LSE:SCSP
|
N/A |
Annual Cash Flow Conversion Efficiency for Lucy Scientific Discovery Inc. (2021–2023)
The table below shows the annual cash flow conversion efficiency of Lucy Scientific Discovery Inc. from 2021 to 2023. For the full company profile with market capitalisation and key ratios, see market cap of Lucy Scientific Discovery Inc..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $4.68 Million | $-4.27 Million | -0.912x | -280.15% |
| 2022-06-30 | $-4.78 Million | $-2.42 Million | 0.506x | +116.70% |
| 2021-06-30 | $-6.36 Million | $-1.48 Million | 0.234x | -- |
About Lucy Scientific Discovery Inc.
Lucy Scientific Discovery Inc., an early stage psychotropics contract manufacturing company, engaged in the research, manufacturing, and commercialization of psychedelic products. The company offers biological raw materials, active pharmaceutical ingredients (APIs), and finished biopharmaceutical products. It also develops and produces highly controlled agricultural grow environments for plant ma… Read more