Innovative Eyewear Inc. (LUCY) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Innovative Eyewear Inc. (LUCY) has a cash flow conversion efficiency ratio of -0.298x as of March 2026. 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 ($-2.49 Million) by net assets ($8.37 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Innovative Eyewear Inc.'s balance sheet to measure how much of total assets are equity-financed.
Innovative Eyewear Inc. - Cash Flow Conversion Efficiency Trend (2019–2025)
This chart illustrates how Innovative Eyewear Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check LUCY cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Innovative Eyewear Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Innovative Eyewear Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Allergy Therapeutics
LSE:AGY
|
0.748x |
|
AYRO Inc
NASDAQ:AYRO
|
0.200x |
|
Sagardeep Alloys Limited
NSE:SAGARDEEP
|
-0.207x |
|
SaverOne 2014 Ltd. American Depositary Shares
NASDAQ:SVRE
|
-1.130x |
|
Huntsman Exploration Inc
V:HMAN
|
-0.733x |
|
Bank Mayapada Internasional
JK:MAYA
|
-0.128x |
|
Jowell Global Ltd.
NASDAQ:JWEL
|
-0.494x |
|
Morarjee Textiles Limited
NSE:MORARJEE
|
-0.006x |
Annual Cash Flow Conversion Efficiency for Innovative Eyewear Inc. (2019–2025)
The table below shows the annual cash flow conversion efficiency of Innovative Eyewear Inc. from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Innovative Eyewear Inc..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $9.07 Million | $-7.28 Million | -0.802x | -8.29% |
| 2024-12-31 | $9.10 Million | $-6.74 Million | -0.741x | +28.56% |
| 2023-12-31 | $5.56 Million | $-5.77 Million | -1.037x | -29.47% |
| 2022-12-31 | $4.02 Million | $-3.22 Million | -0.801x | +86.31% |
| 2021-12-31 | $207.52K | $-1.21 Million | -5.851x | -7862.72% |
| 2020-12-31 | $-534.19K | $-40.26K | 0.075x | -9.43% |
| 2019-12-31 | $-483.82K | $-40.26K | 0.083x | -- |
About Innovative Eyewear Inc.
Lucyd, Inc develops and sells smart eyewear in North America. It offers smart eyewear products to enable wearer to listen to music, take and make calls, and use voice assistants and ChatGPT to perform smartphone tasks hands-free, as well as prescription eyeglasses, ready-to-wear sunglasses, safety glasses, and sport glasses under the Lucyd Lyte, Lucyd Armor, Nautica, Eddie Bauer, and Reebok brand… Read more