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. See VSTD equity financing ratio to measure how much of total assets are equity-financed.
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. Check VSTD cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
XLMedia PLC
LSE:XLM
|
-0.008x |
|
WISHBONE GOLD PLC LS-001
F:7N6
|
N/A |
|
Bollinger Innovations, Inc.
NASDAQ:BINI
|
0.194x |
|
Anemoi International Ltd
LSE:AMOI
|
-0.089x |
|
Futura Medical
LSE:FUM
|
-0.940x |
|
RED LAKE GOLD INC.
F:P11A
|
-1.043x |
|
STRATA Skin Sciences Inc
NASDAQ:SSKN
|
-0.082x |
|
FAT Brands Inc
NASDAQ:FATBW
|
0.050x |
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 VSTD market cap overview.
| 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.