Sunworks Inc (SUNWQ) - 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. See Sunworks Inc net asset quality index to measure how much of total assets are equity-financed.
Sunworks Inc - Cash Flow Conversion Efficiency Trend (2016–2022)
This chart illustrates how Sunworks Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check SUNWQ capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Sunworks Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sunworks Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CIC39 Corp
VN:C32
|
N/A |
|
Totally PLC
LSE:TLY
|
0.004x |
|
Charoen Pokphand Foods Public Company Limited
F:CPOF
|
0.042x |
|
daVictus plc
LSE:DVT
|
0.067x |
|
GLOB.HEALTH CLINICS O.N.
F:L00
|
0.032x |
|
Orient Telecoms
LSE:ORNT
|
-2.282x |
|
Bangkok Airways Public Company Limited
F:8BA
|
0.109x |
|
Jade Road Investments Ltd
LSE:JADE
|
0.001x |
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. For the full company profile with market capitalisation and key ratios, see SUNWQ market cap overview.
| 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