Luda Technology Group Limited Cash Flow Conversion Efficiency
Luda Technology Group Limited 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.
Cash Flow Conversion Efficiency of Luda Technology Group Limited (2021–2024)
Cash flow conversion efficiency of Luda Technology Group Limited from 2021 to 2024. This chart illustrates how Luda Technology Group Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Luda Technology Group Limited stock price for real-time trading data and today's change.
Luda Technology Group Limited Cash Flow Conversion Ratio Explained
Luda Technology Group Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see how much is Luda Technology Group Limited worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Grupo Ortiz Properties Socimi
MC:YGOP
|
0.009x |
|
MCOT Public Company Limited
BK:MCOT
|
0.043x |
|
Taeyang Metal Industrial Co Ltd
KO:004105
|
-0.073x |
|
Calida Holding AG
SW:CALN
|
-0.056x |
|
Fractyl Health, Inc. Common Stock
NASDAQ:GUTS
|
9.550x |
|
Ubiquoss Inc
KQ:264450
|
0.015x |
|
Igis Value Plus Reit Co Ltd
KO:334890
|
N/A |
|
SKYX Platforms Corp
NASDAQ:SKYX
|
-0.197x |
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. Review Luda Technology Group Limited free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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