Lucy Scientific Discovery Inc. Cash Flow Conversion Efficiency
Lucy Scientific Discovery Inc. 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.
Cash Flow Conversion Efficiency of Lucy Scientific Discovery Inc. (2021–2023)
Cash flow conversion efficiency of Lucy Scientific Discovery Inc. from 2021 to 2023. This chart illustrates how Lucy Scientific Discovery Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View LSDIF stock price for real-time trading data and today's change.
Lucy Scientific Discovery Inc. Cash Flow Conversion Ratio Explained
Lucy Scientific Discovery Inc. 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.
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. Also see LSDIF market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shineco Inc
NASDAQ:SISI
|
-0.017x |
|
Carbon Revolution Public Limited Ordinary Shares
NASDAQ:CREV
|
0.137x |
|
Pyxis Tankers Inc
NASDAQ:PXSAW
|
0.033x |
|
Pure One Corporation Limited
AU:P1E
|
-0.273x |
|
Ordinary Fully Paid Deferred Settlement
AU:ADDDB
|
N/A |
|
VIFRANA
RO:BIOW
|
N/A |
|
Seed Capital Solutions Plc
LSE:SCSP
|
N/A |
|
Mammoth Minerals Limited
AU:M79
|
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. Review Lucy Scientific Discovery Inc. free cash flow to debt ratio to assess the company's free cash flow relative to its total liabilities.
| 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