Tingo Group Inc. (TIO) - Cash Flow Conversion Efficiency
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. Read TIO current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
BTU Metals Corp
V:BTU
|
-0.025x |
|
First Venture Sweden AB Series B
ST:FIRST-B
|
-0.027x |
|
Archies Limited
NSE:ARCHIES
|
0.015x |
|
Cheer Holding Inc.
NASDAQ:CHR
|
-0.021x |
|
Cheetah Net Supply Chain Service Inc. Class A Common Stock
NASDAQ:CTNT
|
-0.059x |
|
Modus Therapeutics Holding AB
ST:MODTX
|
-0.552x |
|
Pelangi Indah Canindo Tbk
JK:PICO
|
0.081x |
|
Ecofibre Ltd
AU:EOF
|
-0.290x |
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. For the full company profile with market capitalisation and key ratios, see Tingo Group Inc. (TIO) total market value.
| 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 | -- |
About 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