NIP Group Inc. American Depositary Shares Cash Flow Conversion Efficiency
NIP Group Inc. American Depositary Shares 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.
Cash Flow Conversion Efficiency of NIP Group Inc. American Depositary Shares (2020–2024)
Cash flow conversion efficiency of NIP Group Inc. American Depositary Shares from 2020 to 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. View current stock price of NIP Group Inc. American Depositary Share for real-time trading data and today's change.
NIP Group Inc. American Depositary Shares Cash Flow Conversion Ratio Explained
NIP Group Inc. American Depositary Shares cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market value of NIP Group Inc. American Depositary Share for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dimerix Ltd
AU:DXB
|
3.087x |
|
Indomobil Multi Jasa Tbk
JK:IMJS
|
0.248x |
|
CareCloud, Inc.
NASDAQ:CCLD
|
0.406x |
|
Banco Santander Río S.A
BA:BRIO
|
-0.322x |
|
Ba Ria Vung Tau House Development JSC
VN:HDC
|
-0.001x |
|
Encounter Resources Ltd
AU:ENR
|
-0.009x |
|
Mountain Crest Acquisition 6 Corp. Ordinary Shares
NASDAQ:MCAH
|
N/A |
|
Nestcon Bhd
KLSE:0235
|
0.079x |
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. Review NIP Group Inc. American Depositary Share free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| 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