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 defensive interval ratio of Vroom Inc to measure how many days the company can operate on defensive assets alone.
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.
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 |
|
Giga Metals Corp
V:GIGA
|
-0.012x |
|
INNEOVA Holdings Limited
NASDAQ:INEO
|
0.170x |
|
Royal Hali Iplik Tekstil Mobilya Sanayi ve Ticaret AS
IS:ROYAL
|
-1.588x |
|
Gix Internet Ltd
TA:GIX
|
N/A |
|
Peppermint Innovation Ltd
AU:PIL
|
0.030x |
|
R. S. Software (India) Limited
NSE:RSSOFTWARE
|
0.244x |
|
Co-Diagnostics, Inc. Common Stock
NASDAQ:CODX
|
-0.301x |
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 Vroom Inc (VRM) market capitalisation.
| 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