The Singing Machine Company Inc. Common Stock
The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; mic… Read more
The Singing Machine Company Inc. Common Stock (MICS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 3.272x
Based on the latest financial reports, The Singing Machine Company Inc. Common Stock (MICS) has a cash flow conversion efficiency ratio of 3.272x as of June 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 ($-2.85 Million) by net assets ($-872.00K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
The Singing Machine Company Inc. Common Stock - Cash Flow Conversion Efficiency Trend (1996–2024)
This chart illustrates how The Singing Machine Company Inc. Common 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.
The Singing Machine Company Inc. Common Stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of The Singing Machine Company Inc. Common Stock ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
KUEHNE+NAGEL INT N
MU:KNIA
|
0.163x |
|
Longwen Group Corp
PINK:LWLW
|
-0.222x |
|
DISCOVER FNCL SRVCS
MU:DC7
|
0.160x |
|
Diligent Media Corporation Limited
NSE:DNAMEDIA
|
0.006x |
|
Raise Production Inc
PINK:GLKFF
|
0.493x |
|
Haidemenos S.A.
AT:HAIDE
|
0.043x |
|
LIGAND PHARMA (LGDN.SG)
STU:LGDN
|
0.043x |
|
Superior Industries International
NYSE:SUP
|
0.139x |
Annual Cash Flow Conversion Efficiency for The Singing Machine Company Inc. Common Stock (1996–2024)
The table below shows the annual cash flow conversion efficiency of The Singing Machine Company Inc. Common Stock from 1996 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | $7.58 Million | $548.00K | 0.072x | +326.20% |
| 2023-03-31 | $10.33 Million | $-330.27K | -0.032x | +84.05% |
| 2022-03-31 | $10.04 Million | $-2.01 Million | -0.200x | -1027.14% |
| 2021-03-31 | $7.91 Million | $171.02K | 0.022x | -72.35% |
| 2020-03-31 | $5.69 Million | $444.76K | 0.078x | +254.57% |
| 2019-03-31 | $8.50 Million | $187.45K | 0.022x | +124.25% |
| 2018-03-31 | $7.81 Million | $-710.00K | -0.091x | -166.58% |
| 2017-03-31 | $7.44 Million | $1.02 Million | 0.137x | -69.74% |
| 2016-03-31 | $5.65 Million | $2.55 Million | 0.451x | +260.24% |
| 2015-03-31 | $3.93 Million | $-1.11 Million | -0.282x | -1721.92% |
| 2014-03-31 | $3.71 Million | $64.43K | 0.017x | -97.32% |
| 2013-03-31 | $2.60 Million | $1.68 Million | 0.648x | +52.13% |
| 2012-03-31 | $-557.88K | $-237.48K | 0.426x | +147.88% |
| 2011-03-31 | $-1.05 Million | $930.96K | -0.889x | -152.73% |
| 2010-03-31 | $-447.57K | $-754.72K | 1.686x | +323.10% |
| 2009-03-31 | $2.58 Million | $1.03 Million | 0.399x | +219.90% |
| 2008-03-31 | $4.07 Million | $-1.35 Million | -0.332x | +54.53% |
| 2007-03-31 | $2.90 Million | $-2.12 Million | -0.731x | -719.29% |
| 2006-03-31 | $-3.66 Million | $-432.26K | 0.118x | +120.96% |
| 2005-03-31 | $-1.99 Million | $1.12 Million | -0.563x | -103.79% |
| 2004-03-31 | $216.81K | $3.22 Million | 14.860x | +2378.81% |
| 2003-03-31 | $17.69 Million | $-11.53 Million | -0.652x | -507.64% |
| 2002-03-31 | $18.47 Million | $2.95 Million | 0.160x | +15.36% |
| 2001-03-31 | $8.92 Million | $1.24 Million | 0.139x | +758.38% |
| 2000-03-31 | $3.91 Million | $-82.28K | -0.021x | -100.27% |
| 1999-03-31 | $-442.82K | $-3.43 Million | 7.756x | +22381.29% |
| 1997-03-31 | $-3.67 Million | $127.87K | -0.035x | +96.66% |
| 1996-03-31 | $183.74K | $-191.31K | -1.041x | -- |