Presto Automation Inc. Cash Flow Conversion Efficiency
Presto Automation Inc. cash flow conversion efficiency. Based on the latest financial reports, Presto Automation Inc. (PRST) has a cash flow conversion efficiency ratio of 0.176x as of March 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 ($-10.24 Million) by net assets ($-58.17 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 Presto Automation Inc. (2020–2023)
Cash flow conversion efficiency of Presto Automation Inc. from 2020 to 2023. This chart illustrates how Presto Automation Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Presto Automation Inc. for real-time trading data and today's change.
Presto Automation Inc. Cash Flow Conversion Ratio Explained
Presto Automation Inc. 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.
Presto Automation Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Presto Automation Inc. ranked by their cash flow conversion efficiency. Also see market cap of Presto Automation Inc. for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Novae Group Plc
STU:NVAL
|
0.085x |
|
Indus Gas Limited
LSE:INDI
|
0.006x |
|
Verici Dx Plc
LSE:VRCI
|
-1.091x |
|
GREENHAWK RESOURCES INC.
F:2V70
|
-1.279x |
|
London & Associated Properties
LSE:LAS
|
0.063x |
|
Wishbone Gold Plc
LSE:WSBN
|
-0.187x |
|
Athelney Trust plc
LSE:ATY
|
0.001x |
|
Epiminder Ltd
AU:EPI
|
-0.342x |
Annual Cash Flow Conversion Efficiency for Presto Automation Inc. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Presto Automation Inc. from 2020 to 2023. Review financial agility of Presto Automation Inc. to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $-45.23 Million | $-44.53 Million | 0.985x | +154.93% |
| 2022-06-30 | $-122.46 Million | $-47.30 Million | 0.386x | +13.77% |
| 2021-06-30 | $-70.02 Million | $-23.77 Million | 0.340x | -13.29% |
| 2020-06-30 | $-20.98 Million | $-8.21 Million | 0.392x | -- |
About Presto Automation Inc.
Presto Automation Inc. engages in the provision of artificial intelligence (AI) and automation solutions to the restaurant enterprise technology industry in the United States. The company offers Presto Voice, an AI solution to quick service restaurants that completes complex orders, including large orders with multiple menu modifications and add-ons, with limited on-site restaurant staff interven… Read more