Vestand Inc. (VSTD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Vestand Inc. (VSTD) has a cash flow conversion efficiency ratio of -0.192x as of June 2025. 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 ($-898.81K) by net assets ($4.69 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Vestand Inc. - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Vestand Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Vestand Inc. balance sheet liabilities for a breakdown of total debt and financial obligations.
Vestand Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Vestand Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Avricore Health Inc
V:AVCR
|
-0.236x |
|
Eversafe Rubber Bhd
KLSE:0190
|
0.124x |
|
Better Choice Company Inc
NYSE MKT:BTTR
|
0.048x |
|
Rayong Wire Industries Public Company Limited
BK:RWI
|
0.057x |
|
Tarapur Transformers Limited
NSE:TARAPUR
|
1.083x |
|
Davis Commodities Limited Ordinary Shares
NASDAQ:DTCK
|
-0.327x |
|
Nanologica AB
ST:NICA
|
-0.417x |
|
Hubify Ltd
AU:HFY
|
0.055x |
Annual Cash Flow Conversion Efficiency for Vestand Inc. (2019–2024)
The table below shows the annual cash flow conversion efficiency of Vestand Inc. from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Vestand Inc..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $255.40K | $875.22K | 3.427x | +298.04% |
| 2023-12-31 | $2.65 Million | $-4.59 Million | -1.730x | -156.82% |
| 2022-12-31 | $5.64 Million | $-3.80 Million | -0.674x | -704.71% |
| 2021-12-31 | $-2.32 Million | $194.14K | -0.084x | +14.27% |
| 2020-12-31 | $-1.37 Million | $133.94K | -0.098x | +95.53% |
| 2019-12-31 | $-316.06K | $690.61K | -2.185x | -- |
About Vestand Inc.
Vestand Inc. together with its subsidiaries, owns and operates Japanese restaurants in California. It offers bone broth, ramen, rice bowls, appetizers, sushi rolls, bento boxes, and other Japanese cuisines. Vestand Inc. was formerly known as Yoshiharu Global Co. and changed its name to Vestand Inc. in September 2025. The company was founded in 2016 and is based in Brea, California.