Vroom Inc (VRM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Vroom Inc (VRM) has a cash flow conversion efficiency ratio of -23.698x as of September 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 ($-110.98 Million) by net assets ($4.68 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See VRM equity to assets ratio to measure how much of total assets are equity-financed.
Vroom Inc - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Vroom Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check VRM cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Vroom Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Vroom Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Presurance Holdings, Inc.
NASDAQ:PRHI
|
-0.027x |
|
Encorp Bhd
KLSE:6076
|
0.379x |
|
Royal Hali Iplik Tekstil Mobilya Sanayi ve Ticaret AS
IS:ROYAL
|
-1.588x |
|
Noida Toll Bridge Company Limited
NSE:NOIDATOLL
|
-1.598x |
|
Techstep ASA
OL:TECH
|
0.098x |
|
Peppermint Innovation Ltd
AU:PIL
|
0.030x |
|
HEBEI YICHEN GRP H YC 05
F:HE2
|
N/A |
|
Solution Engineering Holdings Bhd
KLSE:0093
|
0.004x |
Annual Cash Flow Conversion Efficiency for Vroom Inc (2018–2023)
The table below shows the annual cash flow conversion efficiency of Vroom Inc from 2018 to 2023. For the full company profile with market capitalisation and key ratios, see how much is Vroom Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $122.15 Million | $-533.68 Million | -4.369x | -1803.78% |
| 2022-12-31 | $475.24 Million | $-109.06 Million | -0.229x | +63.07% |
| 2021-12-31 | $915.19 Million | $-568.69 Million | -0.621x | -114.64% |
| 2020-12-31 | $1.23 Billion | $-355.25 Million | -0.290x | -177.04% |
| 2019-12-31 | $-573.85 Million | $-215.64 Million | 0.376x | +71.86% |
| 2018-12-31 | $-296.87 Million | $-64.91 Million | 0.219x | -- |
About Vroom Inc
Vroom, Inc. operates as an automotive finance company. The company offers vehicle financing to its customers through third party dealers under the UACC brand. It also provides artificial intelligence powered analytics and digital services to dealers, automotive financial services companies, and others in the automotive industry for automotive retail. The company was formerly known as Auto America… Read more