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. Also see 17 Education Technology Group Inc stock valuation for the company's overall valuation and market capitalisation.
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.
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. See cash flow to debt ratio of 17 Education Technology Group Inc to evaluate how effectively operating cash flow covers total debt obligations.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kidoz Inc
V:KIDZ
|
0.061x |
|
The Century Co., Ltd.
KO:002420
|
0.002x |
|
Eugene ACPC SPAC 2
KQ:215090
|
-0.060x |
|
M VEST WATER NK-00227652
F:7YA
|
-0.086x |
|
Gabungan AQRS Bhd
KLSE:5226
|
-0.112x |
|
Eagon Ind
KO:008250
|
0.033x |
|
Pivotree Inc
V:PVT
|
0.002x |
|
Diamond Citra Propertindo PT
JK:DADA
|
0.018x |
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. View YQ share price today for real-time trading data and today's change.
| 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