Tingo Group Inc. Cash Flow Conversion Efficiency
Tingo Group Inc. 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.
Cash Flow Conversion Efficiency of Tingo Group Inc. (2004–2022)
Cash flow conversion efficiency of Tingo Group Inc. from 2004 to 2022. This chart illustrates how Tingo Group Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View TIO stock price for real-time trading data and today's change.
Tingo Group Inc. Cash Flow Conversion Ratio Explained
Tingo Group 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.
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. Also see Tingo Group Inc. market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Scorpion Minerals Ltd
AU:SCN
|
-0.178x |
|
Garanti Yatirim Ortakligi AS
IS:GRNYO
|
0.026x |
|
Canstar Resources Inc
V:ROX
|
-1.680x |
|
Torq Resources Inc
V:TORQ
|
0.340x |
|
Young & Co’S Brewery A
LSE:YNGA
|
0.046x |
|
Ecofibre Ltd
AU:EOF
|
-0.290x |
|
Nandani Creation Limited
NSE:JAIPURKURT
|
-0.166x |
|
Marshalls PLC
LSE:MSLH
|
-0.006x |
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. Review Tingo Group Inc. free cash flow generation 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 |
|---|---|---|---|---|
| 2022-12-31 | $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