Paranovus Entertainment Technology Ltd.
Paranovus Entertainment Technology Ltd. operates in the artificial intelligence (AI)-powered entertainment industry. The company focuses on providing AI-driven games and applications. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. Paranovus Entertainment Technology Ltd. was founded in 2004 and is… Read more
Paranovus Entertainment Technology Ltd. (PAVS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.006x
Based on the latest financial reports, Paranovus Entertainment Technology Ltd. (PAVS) has a cash flow conversion efficiency ratio of -0.006x as of September 2025.
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 ($-159.34K) by net assets ($28.44 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Paranovus Entertainment Technology Ltd. - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Paranovus Entertainment Technology 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.
Paranovus Entertainment Technology Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Paranovus Entertainment Technology Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
278990
KO:278990
|
N/A |
|
Sedivio S.A.
WAR:SED
|
N/A |
|
Off The Hook YS Inc.
NYSE MKT:OTH
|
13.126x |
|
BIFIRE S.P.A.
F:Q8I
|
N/A |
|
Inception Growth Acquisition Limited Warrants
NASDAQ:IGTAW
|
0.109x |
|
Plumb Fast Co
KO:035200
|
-0.007x |
|
Erin Energy Corp
PINK:ERINQ
|
-0.032x |
|
CLARIANE SE
PINK:KRNMF
|
N/A |
Annual Cash Flow Conversion Efficiency for Paranovus Entertainment Technology Ltd. (2017–2025)
The table below shows the annual cash flow conversion efficiency of Paranovus Entertainment Technology Ltd. from 2017 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | $29.00 Million | $-2.67 Million | -0.092x | +96.37% |
| 2024-03-31 | $5.17 Million | $-13.11 Million | -2.536x | -69.90% |
| 2023-03-31 | $13.87 Million | $-20.71 Million | -1.492x | -310.67% |
| 2022-03-31 | $77.41 Million | $-28.13 Million | -0.363x | -1321.71% |
| 2021-03-31 | $97.64 Million | $2.90 Million | 0.030x | -78.03% |
| 2020-03-31 | $79.59 Million | $10.78 Million | 0.135x | +26.04% |
| 2019-03-31 | $60.92 Million | $6.54 Million | 0.107x | -62.99% |
| 2018-03-31 | $44.55 Million | $12.93 Million | 0.290x | -40.19% |
| 2017-03-31 | $23.31 Million | $11.32 Million | 0.485x | -- |