Bakkt Holdings Inc (BKKT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Bakkt Holdings Inc (BKKT) has a cash flow conversion efficiency ratio of -0.363x 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 ($-46.66 Million) by net assets ($128.56 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Bakkt Holdings Inc - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Bakkt Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Bakkt Holdings Inc carry for a breakdown of total debt and financial obligations.
Bakkt Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Bakkt Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gelecek Varlik Yonetimi AS
IS:GLCVY
|
0.092x |
|
CANAAN INC SP.ADR CL.A
F:35J
|
N/A |
|
Diana Shipping Inc.
NYSE:DSX
|
0.030x |
|
Delta Corp Limited
NSE:DELTACORP
|
0.063x |
|
029 GROUP SE INH O.N.
XETRA:Z29
|
N/A |
|
Mkango Resources Ltd
V:MKA
|
0.940x |
|
Bursa Cimento Fabrikasi AS
IS:BUCIM
|
0.068x |
|
China Rare Earth Holdings Limited
F:RAE
|
-0.063x |
Annual Cash Flow Conversion Efficiency for Bakkt Holdings Inc (2019–2024)
The table below shows the annual cash flow conversion efficiency of Bakkt Holdings Inc from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see BKKT company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $62.85 Million | $-21.20 Million | -0.337x | +24.57% |
| 2023-12-31 | $135.71 Million | $-60.70 Million | -0.447x | -27.81% |
| 2022-12-31 | $336.07 Million | $-117.60 Million | -0.350x | -497.73% |
| 2021-12-31 | $2.29 Billion | $-134.30 Million | -0.059x | +26.53% |
| 2020-12-31 | $388.33 Million | $-30.94 Million | -0.080x | +73.34% |
| 2019-12-31 | $162.29 Million | $-48.50 Million | -0.299x | -- |
About Bakkt Holdings Inc
Bakkt, Inc. engages in building financial infrastructure. The company provides solutions that enable institutional participation in the digital asset economy " spanning Bitcoin, tokenization, stablecoin payments, and AI-driven finance. It serves client, such as financial institutions, fintechs, broker-dealers, neobanks, registered investment advisers, funds, merchants, and other businesses. It ma… Read more