Vicinity Motor Corp
Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. The com… Read more
Vicinity Motor Corp (VEV) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.024x
Based on the latest financial reports, Vicinity Motor Corp (VEV) has a cash flow conversion efficiency ratio of 0.024x as of March 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 ($447.99K) by net assets ($18.72 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Vicinity Motor Corp - Cash Flow Conversion Efficiency Trend (2012–2023)
This chart illustrates how Vicinity Motor Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Vicinity Motor Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Vicinity Motor Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CRDAX
NMFQS:CRDAX
|
N/A |
|
VIDAVO S.A.
AT:VIDAVO
|
N/A |
|
DT.LUFTHANSA N - Dusseldorf Stock Exchang
DU:LHA
|
0.062x |
|
Alpha Trust Andromeda Investment Trust S.A
AT:ANDRO
|
0.109x |
|
PETR3F
SA:PETR3F
|
N/A |
|
Discoverie Group PLC
LSE:DSCV
|
0.070x |
|
Darwin AG
XETRA:7V0
|
N/A |
|
Hyflux Ltd
PINK:HYFXF
|
0.110x |
Annual Cash Flow Conversion Efficiency for Vicinity Motor Corp (2012–2023)
The table below shows the annual cash flow conversion efficiency of Vicinity Motor Corp from 2012 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $21.20 Million | $-24.70 Million | -1.165x | -372.51% |
| 2022-12-31 | $36.83 Million | $-9.08 Million | -0.247x | -334.95% |
| 2021-12-31 | $34.24 Million | $3.59 Million | 0.105x | +130.66% |
| 2020-12-31 | $17.54 Million | $-6.00 Million | -0.342x | -51.01% |
| 2019-12-31 | $12.75 Million | $-2.89 Million | -0.227x | -261.62% |
| 2018-12-31 | $15.34 Million | $2.15 Million | 0.140x | +112.96% |
| 2017-12-31 | $13.40 Million | $-14.50 Million | -1.082x | -106.02% |
| 2016-12-31 | $-316.82K | $-5.69 Million | 17.966x | +591.79% |
| 2015-12-31 | $712.68K | $-2.60 Million | -3.653x | -67.14% |
| 2014-12-31 | $1.71 Million | $-3.74 Million | -2.186x | -184.63% |
| 2013-12-31 | $-1.03 Million | $-2.65 Million | 2.583x | +4138.66% |
| 2012-12-31 | $-2.29 Million | $-139.54K | 0.061x | -- |