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. See Tingo Group Inc. balance sheet quality to measure how much of total assets are equity-financed.
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. Check TIO operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
2020 Bulkers Ltd.
F:0FF
|
0.104x |
|
Priti International Limited
NSE:PRITI
|
-0.081x |
|
Hidili Industry International Development Limited
F:3H3
|
0.046x |
|
Boutique Newcity Public Company Limited
BK:BTNC
|
-0.009x |
|
London Security Plc
LSE:LSC
|
0.108x |
|
Nagambie Resources Ltd
AU:NAG
|
-0.036x |
|
Bumi Citra Permai Tbk
JK:BCIP
|
-0.032x |
|
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. market capitalisation.
| 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