17 Education Technology Group Inc (YQ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, 17 Education Technology Group Inc (YQ) has a cash flow conversion efficiency ratio of -0.613x as of March 2023. 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 ($-424.19 Million) by net assets ($692.17 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 17 Education Technology Group Inc (YQ) net asset quality to measure how much of total assets are equity-financed.
17 Education Technology Group Inc - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how 17 Education Technology Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 17 Education Technology Group Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
17 Education Technology Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of 17 Education Technology Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Daehan Flour Mills Co Ltd
KO:001130
|
0.047x |
|
Leaders Cosmetics Co. Ltd
KQ:016100
|
0.004x |
|
Allbirds Inc
NASDAQ:BIRD
|
-0.293x |
|
Ihlas Yayin Holding A.S.
IS:IHYAY
|
0.011x |
|
Personas Social Inc
V:PRSN
|
-0.185x |
|
Kucingko Berhad
KLSE:0315
|
-0.081x |
|
Lanthanein Resources Ltd
AU:LNR
|
-0.019x |
|
E-Starco
KO:015020
|
0.037x |
Annual Cash Flow Conversion Efficiency for 17 Education Technology Group Inc (2016–2024)
The table below shows the annual cash flow conversion efficiency of 17 Education Technology Group Inc from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of 17 Education Technology Group Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $393.64 Million | $-139.22 Million | -0.354x | +17.57% |
| 2023-12-31 | $494.27 Million | $-212.07 Million | -0.429x | +29.82% |
| 2022-12-31 | $758.86 Million | $-463.93 Million | -0.611x | +67.66% |
| 2021-12-31 | $797.04 Million | $-1.51 Billion | -1.890x | -646.10% |
| 2020-12-31 | $2.06 Billion | $-522.99 Million | -0.253x | -279.00% |
| 2019-12-31 | $-4.46 Billion | $-631.29 Million | 0.142x | +0.57% |
| 2018-12-31 | $-2.98 Billion | $-418.87 Million | 0.141x | -90.49% |
| 2017-12-31 | $-16.82 Million | $-24.90 Million | 1.480x | +700.89% |
| 2016-12-31 | $-22.61 Million | $-4.18 Million | 0.185x | -- |
About 17 Education Technology Group Inc
17 Education & Technology Group Inc., an education technology company, provides education and education technology services in the People's Republic of China. The company offers teaching and learning SaaS products, such as classroom solutions, question banks, homework assignments, self-directed learning, and multi-role reporting, etc. for regional educational authorities and schools. It also prov… Read more