Luda Technology Group Limited (LUD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Luda Technology Group Limited (LUD) has a cash flow conversion efficiency ratio of 0.431x as of December 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 ($5.46 Million) by net assets ($12.66 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Luda Technology Group Limited - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Luda Technology Group Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Luda Technology Group Limited for a breakdown of total debt and financial obligations.
Luda Technology Group Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Luda Technology Group Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Amorepacific Group
KO:002795
|
-0.003x |
|
Crossject
PA:ALCJ
|
0.640x |
|
Grupo Ortiz Properties Socimi
MC:YGOP
|
0.009x |
|
Bridger Aerospace Group Holdings, Inc. Common Stock
NASDAQ:BAER
|
-0.618x |
|
ÖKOWORLD AG
XETRA:VVV3
|
0.008x |
|
Hurriyet Gazetecilik ve Matbaacilik AS
IS:HURGZ
|
-0.435x |
|
Majestic Gold Corp.
V:MJS
|
0.055x |
|
Avadh Sugar & Energy Limited
NSE:AVADHSUGAR
|
0.864x |
Annual Cash Flow Conversion Efficiency for Luda Technology Group Limited (2021–2024)
The table below shows the annual cash flow conversion efficiency of Luda Technology Group Limited from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see Luda Technology Group Limited stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $12.66 Million | $5.46 Million | 0.431x | +116.55% |
| 2023-12-31 | $16.75 Million | $3.33 Million | 0.199x | +388.35% |
| 2022-12-31 | $14.53 Million | $-1.00 Million | -0.069x | -166.12% |
| 2021-12-31 | $13.12 Million | $1.37 Million | 0.104x | -- |
About Luda Technology Group Limited
Luda Technology Group Limited, through its subsidiaries, manufactures and trades stainless steel and carbon steel flanges and fittings products. It offers steel flanges, including blind, slip, plate, thread, and welding neck flanges; and steel fittings, such as elbow, reducer, cap, and tee. The company also manufactures and sells stainless steel and carbon steel flanges, and fittings products; an… Read more