17 Education Technology Group Inc Cash Flow Conversion Efficiency
17 Education Technology Group Inc 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.
Cash Flow Conversion Efficiency of 17 Education Technology Group Inc (2016–2024)
Cash flow conversion efficiency of 17 Education Technology Group Inc from 2016 to 2024. This chart illustrates how 17 Education Technology Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest 17 Education Technology Group Inc stock price today for real-time trading data and today's change.
17 Education Technology Group Inc Cash Flow Conversion Ratio Explained
17 Education Technology Group Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market value of 17 Education Technology Group Inc for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Medipharm Labs Corp
TO:LABS
|
-0.022x |
|
Cubic Korea Inc
KQ:021650
|
-0.024x |
|
Frontier Nuclear and Minerals Inc.
NASDAQ:FNUC
|
N/A |
|
TVI Pacific Inc
V:TVI
|
0.001x |
|
Stuve Gold Corp
V:STUV
|
0.023x |
|
Precio Fishbone AB (publ)
ST:PRCO-B
|
0.044x |
|
Rich Sparkle Holdings Limited Ordinary Shares
NASDAQ:ANPA
|
-0.004x |
|
Attica Publications S.A
AT:ATEK
|
0.009x |
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. Review free cash flow generation of 17 Education Technology Group Inc to assess how much free cash flow the company generates relative to operating cash flow.
| 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