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.
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. Read YQ liabilities breakdown for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Aurora Spine Corp
V:ASG
|
0.090x |
|
Malpac Holdings Bhd
KLSE:4936
|
0.000x |
|
Wise Group AB
ST:WISE
|
0.075x |
|
Future Metals NL
AU:FME
|
-0.069x |
|
Biomaxima
WAR:BMX
|
0.022x |
|
Powerhouse Ventures Ltd
AU:PVL
|
-0.030x |
|
Nidaros Sparebank
OL:NISB
|
N/A |
|
Melewar Industrial Group Bhd
KLSE:3778
|
0.025x |
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 YQ company net worth.
| 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