QT Imaging Holdings Inc. Common Stock (QTI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, QT Imaging Holdings Inc. Common Stock (QTI) has a cash flow conversion efficiency ratio of 0.192x 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 ($-1.85 Million) by net assets ($-9.65 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
QT Imaging Holdings Inc. Common Stock - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how QT Imaging Holdings Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read QTI total debt and obligations for a breakdown of total debt and financial obligations.
QT Imaging Holdings Inc. Common Stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of QT Imaging Holdings Inc. Common Stock ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kier Group PLC
LSE:KIE
|
0.457x |
|
Jatcorp Ltd
AU:JAT
|
0.335x |
|
New Nordic Healthbrands AB (publ)
ST:NNH
|
0.025x |
|
Scorpion Minerals Ltd
AU:SCN
|
-0.239x |
|
Metal Bank Ltd
AU:MBK
|
-0.024x |
|
Adavale Resources Ltd
AU:ADD
|
19.781x |
|
Wave Entertainment Public Company Limited
BK:WAVE
|
-0.011x |
|
Portage Biotech Inc
NASDAQ:PRTG
|
-2.245x |
Annual Cash Flow Conversion Efficiency for QT Imaging Holdings Inc. Common Stock (2021–2023)
The table below shows the annual cash flow conversion efficiency of QT Imaging Holdings Inc. Common Stock from 2021 to 2023. For the full company profile with market capitalisation and key ratios, see QTI market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $10.71 Million | $-1.94 Million | -0.182x | -107.09% |
| 2022-12-31 | $-1.51 Million | $-3.86 Million | 2.562x | +378.81% |
| 2021-12-31 | $2.94 Million | $-2.70 Million | -0.919x | -- |
About QT Imaging Holdings Inc. Common Stock
QT Imaging Holdings, Inc. engages in the research, development, and commercialization of body imaging systems for detection, diagnosis, monitoring, and treatment of diseases. The company offers QT Ultrasound Breast Scanner, an ultrasonic imaging system that provides reflection-mode and transmission-mode images of a patient's breast. QT Imaging Holdings, Inc. was founded in 2011 and is based in No… Read more