Abaxx Technologies Inc (ABXX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Abaxx Technologies Inc (ABXX) has a cash flow conversion efficiency ratio of -0.411x as of September 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 (CA$-8.78 Million ≈ $-6.35 Million USD) by net assets (CA$21.38 Million ≈ $15.46 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Abaxx Technologies Inc - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Abaxx Technologies Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read ABXX total liabilities for a breakdown of total debt and financial obligations.
Abaxx Technologies Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Abaxx Technologies Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Msscorps Co Ltd
TW:6830
|
0.069x |
|
Techwing Inc
KQ:089030
|
0.014x |
|
Shenzhen Baoming Technology Co
SHE:002992
|
0.053x |
|
Beijing Jingyuntong Technology Co Ltd
SHG:601908
|
0.051x |
|
Financial Street Holdings Co Ltd
SHE:000402
|
0.015x |
|
Nanobiotix S.A
PA:NANO
|
0.253x |
|
Elite Advanced Laser Corp
TW:3450
|
0.078x |
|
HNA Technology Co Ltd A
SHG:600751
|
0.011x |
Annual Cash Flow Conversion Efficiency for Abaxx Technologies Inc (2019–2024)
The table below shows the annual cash flow conversion efficiency of Abaxx Technologies Inc from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see ABXX company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$42.03 Million ≈ $30.40 Million |
CA$-30.27 Million ≈ $-21.89 Million |
-0.720x | -37.43% |
| 2023-12-31 | CA$42.88 Million ≈ $31.02 Million |
CA$-22.47 Million ≈ $-16.26 Million |
-0.524x | +63.00% |
| 2022-12-31 | CA$10.80 Million ≈ $7.81 Million |
CA$-15.30 Million ≈ $-11.07 Million |
-1.416x | -261.10% |
| 2021-12-31 | CA$27.94 Million ≈ $20.21 Million |
CA$-10.96 Million ≈ $-7.93 Million |
-0.392x | -1.87% |
| 2020-12-31 | CA$13.80 Million ≈ $9.98 Million |
CA$-5.31 Million ≈ $-3.84 Million |
-0.385x | -109.85% |
| 2019-12-31 | CA$-1.66 Million ≈ $-1.20 Million |
CA$-6.51 Million ≈ $-4.71 Million |
3.910x | -- |
About Abaxx Technologies Inc
Abaxx Technologies Inc., engages in developing software tools which enable commodity traders and finance professionals to communicate, trade, and transact in Canada. The company offers Abaxx Verifier, a secure password, identity, verification app that allows to store and use identity to log into applications and portals; ID++, an open protocol that allows developers to establish digital identity … Read more