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 net asset quality index of NIP Group Inc. American Depositary Share to measure how much of total assets are equity-financed.
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. Check NIP Group Inc. American Depositary Share cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Allied Tecnologia S.A
SA:ALLD3
|
1.206x |
|
Summit State Bank
NASDAQ:SSBI
|
0.026x |
|
K Laser Technology Inc
TW:2461
|
-0.007x |
|
Banco Santander Río S.A
BA:BRIO
|
-0.322x |
|
Encounter Resources Ltd
AU:ENR
|
-0.009x |
|
Raba Jarmuipari Holding Nyrt
BUD:RABA
|
0.085x |
|
Veracruz Properties SOCIMI SA
MC:YVCP
|
0.025x |
|
Thai Plaspac Public Company Limited
BK:TPAC
|
0.071x |
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 NIP Group Inc. American Depositary Share (NIPG) market capitalisation.
| 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