Luna Innovations Incorporated
Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide. The company offers test and measurement equipment for fiber optic components and sub-assemblies; polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and single frequency… Read more
Luna Innovations Incorporated (LUNA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.025x
Based on the latest financial reports, Luna Innovations Incorporated (LUNA) has a cash flow conversion efficiency ratio of 0.025x as of September 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 ($2.33 Million) by net assets ($94.61 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Luna Innovations Incorporated - Cash Flow Conversion Efficiency Trend (2001–2022)
This chart illustrates how Luna Innovations Incorporated's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Luna Innovations Incorporated Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Luna Innovations Incorporated ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
INSPIRATION HEA.GR.LS-10
F:LXD1
|
N/A |
|
Sensei Biotherapeutics Inc
NASDAQ:SNSE
|
-0.156x |
|
Strategic Metals Ltd
PINK:SMDZF
|
-0.002x |
|
Borealis Exploration Ltd
PINK:BOREF
|
0.000x |
|
FREEPORT RES
F:4XH
|
N/A |
|
Avant Technologies Inc.
OTCQB:AVAI
|
0.124x |
|
Hurum Co. Ltd.
KQ:353190
|
-0.048x |
|
Paz Oil
TA:PZOL
|
0.101x |
Annual Cash Flow Conversion Efficiency for Luna Innovations Incorporated (2001–2022)
The table below shows the annual cash flow conversion efficiency of Luna Innovations Incorporated from 2001 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $93.40 Million | $-8.57 Million | -0.092x | -267.61% |
| 2021-12-31 | $81.92 Million | $4.48 Million | 0.055x | +42.63% |
| 2020-12-31 | $74.44 Million | $2.86 Million | 0.038x | -46.05% |
| 2019-12-31 | $67.47 Million | $4.80 Million | 0.071x | +218.80% |
| 2018-12-31 | $62.35 Million | $-3.73 Million | -0.060x | -424.07% |
| 2017-12-31 | $49.54 Million | $915.04K | 0.018x | +262.11% |
| 2016-12-31 | $35.09 Million | $-399.84K | -0.011x | +91.73% |
| 2015-12-31 | $36.91 Million | $-5.09 Million | -0.138x | +3.49% |
| 2014-12-31 | $19.00 Million | $-2.71 Million | -0.143x | +6.04% |
| 2013-12-31 | $11.85 Million | $-1.80 Million | -0.152x | -311.20% |
| 2012-12-31 | $11.27 Million | $-416.77K | -0.037x | -113.23% |
| 2011-12-31 | $10.70 Million | $2.99 Million | 0.279x | +3177.76% |
| 2010-12-31 | $9.62 Million | $-87.28K | -0.009x | -100.56% |
| 2009-12-31 | $-2.86 Million | $-4.64 Million | 1.621x | +3159.62% |
| 2008-12-31 | $14.32 Million | $-758.34K | -0.053x | +78.47% |
| 2007-12-31 | $17.14 Million | $-4.22 Million | -0.246x | +40.42% |
| 2006-12-31 | $22.08 Million | $-9.12 Million | -0.413x | -5016.96% |
| 2005-12-31 | $10.85 Million | $-87.59K | -0.008x | -101.18% |
| 2004-12-31 | $2.17 Million | $1.48 Million | 0.684x | -32.33% |
| 2001-12-31 | $-1.22 Million | $-1.23 Million | 1.011x | -- |