Toughbuilt Industries Inc (TBLT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Toughbuilt Industries Inc (TBLT) has a cash flow conversion efficiency ratio of 0.101x 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 ($-977.75K) by net assets ($-9.72 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of Toughbuilt Industries Inc to measure how much of total assets are equity-financed.
Toughbuilt Industries Inc - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Toughbuilt Industries Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Toughbuilt Industries Inc (TBLT) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Toughbuilt Industries Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Toughbuilt Industries Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
URU Metals Ltd
LSE:URU
|
0.261x |
|
Ahlers AG
F:AAH
|
0.000x |
|
FANDIFI TECHNOLOGY CORP.
F:TQ4
|
N/A |
|
N4 Pharma PLC
LSE:N4P
|
-0.251x |
|
Thalassa Holdings Ltd
LSE:THAL
|
-0.055x |
|
Dillistone Group PLC
LSE:DSG
|
0.139x |
|
Jereissati Participações S.A.
SA:IGTI11
|
0.029x |
|
Anglesey Mining
LSE:AYM
|
-0.004x |
Annual Cash Flow Conversion Efficiency for Toughbuilt Industries Inc (2014–2024)
The table below shows the annual cash flow conversion efficiency of Toughbuilt Industries Inc from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see TBLT market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-9.72 Million | $-5.09 Million | 0.523x | 0.00% |
| 2023-12-31 | $-9.72 Million | $-5.09 Million | 0.523x | +141.69% |
| 2022-12-31 | $29.71 Million | $-37.29 Million | -1.255x | -9.81% |
| 2021-12-31 | $57.90 Million | $-66.18 Million | -1.143x | +11.76% |
| 2020-12-31 | $19.35 Million | $-25.06 Million | -1.296x | +59.14% |
| 2019-12-31 | $3.23 Million | $-10.23 Million | -3.170x | -829.18% |
| 2018-12-31 | $-18.96 Million | $-8.24 Million | 0.435x | +196.54% |
| 2017-12-31 | $-9.75 Million | $-1.43 Million | 0.147x | -86.27% |
| 2016-12-31 | $-3.92 Million | $-4.19 Million | 1.068x | +252.95% |
| 2015-12-31 | $-432.97K | $302.24K | -0.698x | -125.61% |
| 2014-12-31 | $-465.28K | $-1.27 Million | 2.726x | -- |
About Toughbuilt Industries Inc
ToughBuilt Industries, Inc. engages in design, manufacture, and distribution of home improvement and construction products for the building industry in the United States, the United Kingdom, Brazil, Canada, Europe, Mexico, and internationally. It offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/c… Read more