Opthea Ltd
Opthea Limited, a clinical-stage biopharmaceutical company, develops and commercializes drugs for eye diseases in Australia and the United States. Its development activities are based on the intellectual property portfolio covering vascular endothelial growth factors (VEGF) VEGF-C, VEGF-D, and VEGF Receptor-3 for the treatment of diseases associated with blood and lymphatic vessel growth, as well… Read more
Opthea Ltd (OPT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 1.813x
Based on the latest financial reports, Opthea Ltd (OPT) has a cash flow conversion efficiency ratio of 1.813x 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 ($-137.41 Million) by net assets ($-75.81 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Opthea Ltd - Cash Flow Conversion Efficiency Trend (1989–2024)
This chart illustrates how Opthea Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Opthea Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Opthea Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
mBank S.A.
PINK:MBAKF
|
0.724x |
|
Shandong Intco Recycling Resources Co Ltd
SHG:688087
|
0.068x |
|
Suzhou New District Hi Tech Industrial Co Ltd
SHG:600736
|
0.034x |
|
Hebei Jianxin Chemical Co Ltd
SHE:300107
|
0.002x |
|
Trulieve Cannabis Corp
OTCQX:TCNNF
|
0.065x |
|
Irish Residential Properties REIT Plc
PINK:RSHPF
|
0.038x |
|
Intellian Technologies Inc
KQ:189300
|
-0.031x |
|
Wafer Works
TWO:6182
|
0.005x |
Annual Cash Flow Conversion Efficiency for Opthea Ltd (1989–2024)
The table below shows the annual cash flow conversion efficiency of Opthea Ltd from 1989 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | $-75.81 Million | $-161.02 Million | 2.124x | -89.58% |
| 2023-06-30 | $-8.79 Million | $-179.30 Million | 20.391x | +1546.31% |
| 2022-06-30 | $69.77 Million | $-98.37 Million | -1.410x | -316.10% |
| 2021-06-30 | $180.20 Million | $-61.06 Million | -0.339x | -166.36% |
| 2020-06-30 | $64.81 Million | $-8.24 Million | -0.127x | +83.63% |
| 2019-06-30 | $31.12 Million | $-24.19 Million | -0.777x | -48.80% |
| 2018-06-30 | $38.17 Million | $-19.94 Million | -0.522x | -370.79% |
| 2017-06-30 | $54.49 Million | $-6.05 Million | -0.111x | +54.86% |
| 2016-06-30 | $14.98 Million | $-3.68 Million | -0.246x | +18.54% |
| 2015-06-30 | $16.66 Million | $-5.03 Million | -0.302x | +28.69% |
| 2014-06-30 | $9.87 Million | $-4.17 Million | -0.423x | +1.23% |
| 2013-06-30 | $13.10 Million | $-5.61 Million | -0.428x | -23.41% |
| 2012-06-30 | $20.67 Million | $-7.17 Million | -0.347x | +14.02% |
| 2011-06-30 | $23.32 Million | $-9.42 Million | -0.404x | -44.72% |
| 2010-06-30 | $27.04 Million | $-7.54 Million | -0.279x | -32.46% |
| 2009-06-30 | $31.29 Million | $-6.59 Million | -0.211x | -475.98% |
| 2008-06-30 | $49.18 Million | $-1.80 Million | -0.037x | -105.73% |
| 2007-06-30 | $51.71 Million | $32.97 Million | 0.638x | +1028.75% |
| 2006-06-30 | $42.07 Million | $-2.89 Million | -0.069x | -20.11% |
| 2005-06-30 | $28.63 Million | $-1.64 Million | -0.057x | +2.50% |
| 2004-06-30 | $29.15 Million | $-1.71 Million | -0.059x | -1437104895.96% |
| 2003-06-30 | $24.51 Million | $-0.10 | 0.000x | +100.00% |
| 2002-06-30 | $23.28 Million | $-1.04 Million | -0.045x | -7.66% |
| 2001-06-30 | $24.20 Million | $-1.01 Million | -0.042x | -163938346.90% |
| 2000-06-30 | $15.00 Million | $-0.38 | 0.000x | +86.05% |
| 1999-06-30 | $7.16 Million | $-1.30 | 0.000x | -883.09% |
| 1998-06-30 | $4.33 Million | $-0.08 | 0.000x | +100.00% |
| 1997-06-30 | $5.32 Million | $-1.74 Million | -0.327x | -3.21% |
| 1996-06-30 | $3.83 Million | $-1.22 Million | -0.317x | +2.21% |
| 1995-06-30 | $2.07 Million | $-672.00K | -0.324x | -44.64% |
| 1994-06-30 | $2.09 Million | $-469.00K | -0.224x | -3.14% |
| 1993-06-30 | $1.62 Million | $-351.00K | -0.217x | -32.60% |
| 1992-06-30 | $1.63 Million | $-267.00K | -0.164x | -7.51% |
| 1991-06-30 | $1.29 Million | $-197.00K | -0.152x | -41704562.77% |
| 1990-06-30 | $1.51 Million | $-0.55 | 0.000x | -2835.69% |
| 1989-06-30 | $2.41 Million | $-0.03 | 0.000x | -- |