Great Ajax Corp
Great Ajax Corp. operates as a mortgage real estate investment trust. It acquires re-performing and non-performing loans; acquires or originates small balance commercial mortgage loans that are secured by multi-family residential and commercial mixed use retail/residential properties; and invests in single-family and smaller commercial properties. The company elected to be taxed as a real estate … Read more
Great Ajax Corp (AJX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.021x
Based on the latest financial reports, Great Ajax Corp (AJX) has a cash flow conversion efficiency ratio of -0.021x as of September 2024.
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 ($-5.15 Million) by net assets ($247.09 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Great Ajax Corp - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Great Ajax Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Great Ajax Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Great Ajax Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
RMB Holdings Ltd
JSE:RMH
|
-0.015x |
|
GSLR
PINK:GSLR
|
0.001x |
|
Reco International Group Inc
V:RGI
|
0.037x |
|
EGF Theramed Health Corp
PINK:EVAHF
|
0.004x |
|
APERAM REG. - Dusseldorf Stock Exchang
DU:7AA
|
0.042x |
|
STEVEN MADDEN
BE:SJM
|
0.132x |
|
S-Oil Corp. Pfd. Series 1
KQ:010955
|
N/A |
|
EDESAL Holding SA
BA:EDLH
|
0.159x |
Annual Cash Flow Conversion Efficiency for Great Ajax Corp (2014–2023)
The table below shows the annual cash flow conversion efficiency of Great Ajax Corp from 2014 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $310.89 Million | $-46.46 Million | -0.149x | -4543.61% |
| 2022-12-31 | $337.46 Million | $1.14 Million | 0.003x | +123.73% |
| 2021-12-31 | $1.08 Billion | $-15.32 Million | -0.014x | +2.22% |
| 2020-12-31 | $958.27 Million | $-13.89 Million | -0.014x | +24.34% |
| 2019-12-31 | $805.31 Million | $-15.43 Million | -0.019x | -3350.58% |
| 2018-12-31 | $334.28 Million | $197.00K | 0.001x | +102.15% |
| 2017-12-31 | $317.44 Million | $-8.70 Million | -0.027x | -100.42% |
| 2016-12-31 | $282.72 Million | $-3.86 Million | -0.014x | +79.34% |
| 2015-12-31 | $237.81 Million | $-15.73 Million | -0.066x | -778.09% |
| 2014-12-31 | $171.28 Million | $-1.29 Million | -0.008x | -- |