Sunworks Inc Cash Flow Conversion Efficiency
Sunworks Inc cash flow conversion efficiency. Based on the latest financial reports, Sunworks Inc (SUNWQ) has a cash flow conversion efficiency ratio of -0.407x as of September 2023. 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 ($-8.80 Million) by net assets ($21.61 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 Sunworks Inc (2016–2022)
Cash flow conversion efficiency of Sunworks Inc from 2016 to 2022. This chart illustrates how Sunworks Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View SUNWQ share price today for real-time trading data and today's change.
Sunworks Inc Cash Flow Conversion Ratio Explained
Sunworks 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.
Sunworks Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sunworks Inc ranked by their cash flow conversion efficiency. Also see market cap of Sunworks Inc for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Totally PLC
LSE:TLY
|
0.004x |
|
Norofert SA
RO:NRF
|
N/A |
|
Harrison Global Holdings Inc.
NASDAQ:BLMZF
|
-0.086x |
|
Renova Energia S.A
SA:RNEW11
|
0.000x |
|
SRI TRANG AGR.-FOR- BA 1
F:YTAA
|
0.056x |
|
Charoen Pokphand Foods Public Company Limited
F:CPOF
|
0.042x |
|
GenIP PLC
LSE:GNIP
|
-0.432x |
|
CIC39 Corp
VN:C32
|
N/A |
Annual Cash Flow Conversion Efficiency for Sunworks Inc (2016–2022)
The table below shows the annual cash flow conversion efficiency of Sunworks Inc from 2016 to 2022. Review Sunworks Inc free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-09-30 | $63.94 Million | $-28.19 Million | -0.441x | -9.83% |
| 2021-09-30 | $72.77 Million | $-29.21 Million | -0.401x | -215.22% |
| 2020-09-30 | $34.06 Million | $-4.34 Million | -0.127x | +83.35% |
| 2019-09-30 | $8.44 Million | $-6.46 Million | -0.765x | -32.88% |
| 2018-09-30 | $10.00 Million | $-5.75 Million | -0.575x | -146.68% |
| 2017-09-30 | $15.66 Million | $-3.65 Million | -0.233x | -370.49% |
| 2016-09-30 | $21.20 Million | $1.83 Million | 0.086x | -- |
About Sunworks Inc
Sunworks, Inc. went out of business. Sunworks, Inc., through its subsidiaries, engages in the provision of photovoltaic and battery based power and storage systems for the commercial, agricultural, industrial, public works, and residential markets in the United States. It is also involved in the design, arrange financing, integrate, install, and manage systems ranging for residential homeowners, … Read more