Psychemedics Corporation
Psychemedics Corporation, together with its subsidiaries, engages in the provision of testing services for the detection of drugs of abuse and other health markers through the analysis of hair samples in the United States and internationally. It offers screening and confirmation by mass spectrometry using industry-accepted practices for cocaine, marijuana, and PCP; amphetamines, including ecstasy… Read more
Psychemedics Corporation (PMD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.048x
Based on the latest financial reports, Psychemedics Corporation (PMD) has a cash flow conversion efficiency ratio of 0.048x as of September 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 ($263.00K) by net assets ($5.45 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Psychemedics Corporation - Cash Flow Conversion Efficiency Trend (1991–2023)
This chart illustrates how Psychemedics Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Psychemedics Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Psychemedics Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Spinnova Oy
HE:SPINN
|
-0.081x |
|
Cirralto Limited
PINK:CROTF
|
-0.019x |
|
PT Salim Ivomas Pratama Tbk
STU:2IR
|
0.039x |
|
Ktop Reit
KO:145270
|
0.001x |
|
GRITEE Inc
KQ:204020
|
0.154x |
|
Tartisan Nickel Corp
OTCQX:TTSRF
|
-0.007x |
|
MHC JSC
VN:MHC
|
N/A |
|
Urbi Desarrollos Urbanos S.A.B. de C.V
MX:URBI
|
-0.043x |
Annual Cash Flow Conversion Efficiency for Psychemedics Corporation (1991–2023)
The table below shows the annual cash flow conversion efficiency of Psychemedics Corporation from 1991 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $6.67 Million | $-1.48 Million | -0.222x | -148.86% |
| 2022-12-31 | $10.77 Million | $4.89 Million | 0.454x | +1242.58% |
| 2021-12-31 | $12.24 Million | $414.00K | 0.034x | +110.36% |
| 2020-12-31 | $12.51 Million | $-4.08 Million | -0.326x | -227.38% |
| 2019-12-31 | $16.82 Million | $4.31 Million | 0.256x | -39.43% |
| 2018-12-31 | $18.75 Million | $7.93 Million | 0.423x | -13.89% |
| 2017-12-31 | $18.62 Million | $9.15 Million | 0.491x | -17.29% |
| 2016-12-31 | $15.61 Million | $9.27 Million | 0.594x | +51.38% |
| 2015-12-31 | $11.67 Million | $4.58 Million | 0.392x | +12.99% |
| 2014-12-31 | $12.84 Million | $4.46 Million | 0.347x | -28.37% |
| 2013-12-31 | $12.28 Million | $5.95 Million | 0.485x | +76.25% |
| 2012-12-31 | $11.22 Million | $3.09 Million | 0.275x | -22.88% |
| 2011-12-31 | $11.03 Million | $3.94 Million | 0.357x | +5.49% |
| 2010-12-31 | $9.75 Million | $3.30 Million | 0.338x | +30.95% |
| 2009-12-31 | $9.29 Million | $2.40 Million | 0.258x | -26.07% |
| 2008-12-31 | $10.56 Million | $3.69 Million | 0.349x | -0.91% |
| 2007-12-31 | $13.88 Million | $4.89 Million | 0.352x | -11.97% |
| 2006-12-31 | $11.50 Million | $4.61 Million | 0.400x | -18.16% |
| 2005-12-31 | $8.89 Million | $4.35 Million | 0.489x | +34.40% |
| 2004-12-31 | $6.23 Million | $2.27 Million | 0.364x | -10.26% |
| 2003-12-31 | $5.11 Million | $2.07 Million | 0.406x | +5.61% |
| 2002-12-31 | $6.34 Million | $2.44 Million | 0.384x | +5.45% |
| 2001-12-31 | $6.77 Million | $2.47 Million | 0.364x | -0.86% |
| 2000-12-31 | $8.73 Million | $3.21 Million | 0.367x | +49.46% |
| 1999-12-31 | $11.80 Million | $2.90 Million | 0.246x | -21.85% |
| 1998-12-31 | $15.90 Million | $5.00 Million | 0.314x | +150.07% |
| 1997-12-31 | $16.70 Million | $2.10 Million | 0.126x | -25.07% |
| 1996-12-31 | $14.30 Million | $2.40 Million | 0.168x | -20.28% |
| 1995-12-31 | $9.50 Million | $2.00 Million | 0.211x | -8.13% |
| 1994-12-31 | $9.60 Million | $2.20 Million | 0.229x | +60.42% |
| 1993-12-31 | $3.50 Million | $500.00K | 0.143x | +174.29% |
| 1992-12-31 | $2.60 Million | $-500.00K | -0.192x | +52.80% |
| 1991-12-31 | $2.70 Million | $-1.10 Million | -0.407x | -- |