NextBoat Inc. (NXB) - Cash Flow Conversion Efficiency
Based on the latest financial reports, NextBoat Inc. (NXB) has a cash flow conversion efficiency ratio of -1.990x as of March 2026. 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 ($-20.87 Million) by net assets ($10.48 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NXB equity to assets ratio to measure how much of total assets are equity-financed.
NextBoat Inc. - Cash Flow Conversion Efficiency Trend (2023–2025)
This chart illustrates how NextBoat Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NXB operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
NextBoat Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NextBoat Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Phosco Ltd
AU:PHO
|
0.440x |
|
Mink Therapeutics Inc
NASDAQ:INKT
|
0.070x |
|
Chips&Media Inc
KQ:094360
|
0.065x |
|
Gmb Korea
KO:013870
|
0.023x |
|
Il Sung Const
KO:013360
|
-0.199x |
|
Edesa Biotech Inc
NASDAQ:EDSA
|
-0.201x |
|
Carnival Industrial Corp
TW:1417
|
0.035x |
|
Rama Phosphates Limited
NSE:RAMAPHO
|
0.011x |
Annual Cash Flow Conversion Efficiency for NextBoat Inc. (2023–2025)
The table below shows the annual cash flow conversion efficiency of NextBoat Inc. from 2023 to 2025. For the full company profile with market capitalisation and key ratios, see market value of NextBoat Inc..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $11.84 Million | $-697.39K | -0.059x | +99.20% |
| 2024-12-31 | $967.39K | $-7.11 Million | -7.348x | -146.62% |
| 2023-12-31 | $-249.72K | $-3.94 Million | 15.762x | -- |
About NextBoat Inc.
NextBoat Inc., together with its subsidiaries, operates as a yacht and boat dealership in the United States. It operates through two segments: Dealerships and Financial Services Segments. The company engages in the retail sale, brokerage, and servicing of new and pre-owned boats, yachts, and trailers. It also arranges related boat financing, insurance, and extended service contracts for recreatio… Read more