Tingo Group Inc.
Tingo Group, Inc. engages in the financial technology and agri-fintech businesses delivering financial inclusion and financial upliftment to rural farming communities in Africa, Southeast Asia, and the Middle East. The company operates through Verticals and Technology, Online Stock Trading, Comprehensive Platform Service segments. Its platform service through use of smartphones device as a servic… Read more
Tingo Group Inc. (TIO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.409x
Based on the latest financial reports, Tingo Group Inc. (TIO) has a cash flow conversion efficiency ratio of 0.409x 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 ($245.88 Million) by net assets ($601.32 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tingo Group Inc. - Cash Flow Conversion Efficiency Trend (2004–2022)
This chart illustrates how Tingo Group Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Tingo Group Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tingo Group Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LM Funding America Inc
NASDAQ:LMFA
|
-0.063x |
|
Bayan Mining and Minerals Ltd
AU:BMM
|
-0.346x |
|
Royal Prima PT
JK:PRIM
|
0.002x |
|
Dharma Samudera Fishing Tbk
JK:DSFI
|
0.061x |
|
Eguana Technologies Inc
OTCQB:EGTYF
|
0.000x |
|
Cube&Company Co. Ltd
KQ:043090
|
-0.042x |
|
ROCKWOOL INT. -B- (R90.SG)
STU:R90
|
0.084x |
|
Avricore Health Inc
PINK:AVCRF
|
-0.169x |
Annual Cash Flow Conversion Efficiency for Tingo Group Inc. (2004–2022)
The table below shows the annual cash flow conversion efficiency of Tingo Group Inc. from 2004 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $1.33 Billion | $46.01 Million | 0.035x | +115.52% |
| 2021-12-31 | $147.72 Million | $-33.02 Million | -0.224x | -76.95% |
| 2020-12-31 | $65.70 Million | $-8.30 Million | -0.126x | +89.21% |
| 2019-12-31 | $3.24 Million | $-3.80 Million | -1.170x | +77.89% |
| 2018-12-31 | $1.00 Million | $-5.32 Million | -5.294x | -676.46% |
| 2017-12-31 | $5.97 Million | $-4.07 Million | -0.682x | -89.24% |
| 2016-12-31 | $10.96 Million | $-3.95 Million | -0.360x | -170.85% |
| 2015-12-31 | $17.46 Million | $-2.32 Million | -0.133x | -102.83% |
| 2014-12-31 | $20.25 Million | $-1.33 Million | -0.066x | -146.92% |
| 2013-12-31 | $25.60 Million | $3.58 Million | 0.140x | -40.95% |
| 2012-12-31 | $16.87 Million | $3.99 Million | 0.237x | +143.98% |
| 2011-12-31 | $3.61 Million | $-1.94 Million | -0.538x | -174.10% |
| 2010-12-31 | $4.04 Million | $2.94 Million | 0.726x | +10.35% |
| 2009-12-31 | $1.50 Million | $984.00K | 0.658x | +60.13% |
| 2008-12-31 | $1.69 Million | $693.00K | 0.411x | +148.51% |
| 2007-12-31 | $1.58 Million | $-1.34 Million | -0.847x | -12.34% |
| 2006-12-31 | $1.23 Million | $-927.00K | -0.754x | -43.46% |
| 2005-12-31 | $1.26 Million | $-663.00K | -0.526x | -345.71% |
| 2004-12-31 | $1.39 Million | $297.00K | 0.214x | -- |