NIP Group Inc. American Depositary Shares (NIPG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, NIP Group Inc. American Depositary Shares (NIPG) has a cash flow conversion efficiency ratio of -0.003x 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 ($-883.36K) by net assets ($252.74 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NIPG defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
NIP Group Inc. American Depositary Shares - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how NIP Group Inc. American Depositary Shares's cash flow conversion efficiency has evolved over time, based on yearly financial data.
NIP Group Inc. American Depositary Shares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NIP Group Inc. American Depositary Shares ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Syntara Ltd
AU:SNT
|
-0.694x |
|
Tigers Realm Coal Ltd
AU:TIG
|
-0.316x |
|
Audacia SAS
PA:ALAUD
|
-0.098x |
|
TOP Ships Inc.
NASDAQ:TOPS
|
0.110x |
|
G11 Resources Ltd
AU:G11
|
-0.046x |
|
Katapult Holdings Inc
NASDAQ:KPLT
|
-3.039x |
|
Daishin Information & Communications Co.Ltd
KQ:020180
|
-0.060x |
|
DigitalX Limited
F:VSL
|
-0.021x |
Annual Cash Flow Conversion Efficiency for NIP Group Inc. American Depositary Shares (2020–2024)
The table below shows the annual cash flow conversion efficiency of NIP Group Inc. American Depositary Shares from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see how much is NIP Group Inc. American Depositary Share worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $239.46 Million | $-16.54 Million | -0.069x | -238.77% |
| 2023-12-31 | $252.74 Million | $-5.15 Million | -0.020x | +81.05% |
| 2022-12-31 | $89.46 Million | $-9.63 Million | -0.108x | -2974.18% |
| 2021-12-31 | $88.56 Million | $331.54K | 0.004x | -90.18% |
| 2020-12-31 | $13.90 Million | $529.78K | 0.038x | -- |
About NIP Group Inc. American Depositary Shares
NIP Group Inc. enagges in the esports teams, operation, talent management service, and event production in the People's Republic of China and Sweden. It operates Ninjas in Pyjamas, a PC/console esports brand; and digital sports group ESV5, which includes eStar Gaming, a mobile esports entity. The company is also involved in esports team operations, talent management, event production, hospitality… Read more