RENN Fund Inc (RCG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, RENN Fund Inc (RCG) has a cash flow conversion efficiency ratio of -0.002x as of June 2023. 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 ($-28.50K) by net assets ($14.81 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
RENN Fund Inc - Cash Flow Conversion Efficiency Trend (1996–2022)
This chart illustrates how RENN Fund Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read RCG current and long-term liabilities for a breakdown of total debt and financial obligations.
RENN Fund Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RENN Fund Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NB Distressed Debt Inv Extended Life
LSE:NBDX
|
-0.008x |
|
FINEDIGITAL Inc
KQ:038950
|
0.008x |
|
Altima Resources Ltd
V:ARH
|
0.028x |
|
WAPS Co. Ltd
KQ:196700
|
0.023x |
|
EV Resources Ltd
AU:EVR
|
-0.137x |
|
Unique Mining Services Public Company Limited
BK:UMS
|
-0.003x |
|
Precio Fishbone AB (publ)
ST:PRCO-B
|
0.004x |
|
Trendline
TA:TREN
|
0.069x |
Annual Cash Flow Conversion Efficiency for RENN Fund Inc (1996–2022)
The table below shows the annual cash flow conversion efficiency of RENN Fund Inc from 1996 to 2022. For the full company profile with market capitalisation and key ratios, see market cap of RENN Fund Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $14.83 Million | $-2.15 Million | -0.145x | -1045.27% |
| 2021-12-31 | $16.98 Million | $260.23K | 0.015x | -84.61% |
| 2020-12-31 | $11.86 Million | $1.18 Million | 0.100x | +163.18% |
| 2019-12-31 | $12.41 Million | $-1.96 Million | -0.158x | +15.42% |
| 2018-12-31 | $8.48 Million | $-1.58 Million | -0.186x | -163.18% |
| 2017-12-31 | $6.55 Million | $1.93 Million | 0.295x | +152.02% |
| 2016-12-31 | $7.34 Million | $-4.16 Million | -0.567x | -301.22% |
| 2015-12-31 | $6.12 Million | $1.72 Million | 0.282x | +381.92% |
| 2014-12-31 | $9.86 Million | $-985.09K | -0.100x | -159.30% |
| 2013-12-31 | $10.54 Million | $1.78 Million | 0.169x | +1182.42% |
| 2012-12-31 | $11.27 Million | $-175.53K | -0.016x | -137.28% |
| 2011-12-31 | $9.50 Million | $396.87K | 0.042x | +208.46% |
| 2010-12-31 | $12.47 Million | $-480.33K | -0.039x | +72.83% |
| 2009-12-31 | $18.20 Million | $-2.58 Million | -0.142x | -492.66% |
| 2008-12-31 | $18.40 Million | $664.27K | 0.036x | +112.21% |
| 2007-12-31 | $37.76 Million | $-11.16 Million | -0.296x | -215.64% |
| 2006-12-31 | $48.40 Million | $12.37 Million | 0.256x | +183.29% |
| 2005-12-31 | $54.10 Million | $-16.60 Million | -0.307x | -406.84% |
| 2004-12-31 | $74.60 Million | $7.46 Million | 0.100x | -73.34% |
| 2003-12-31 | $69.40 Million | $26.03 Million | 0.375x | +198.98% |
| 2002-12-31 | $41.30 Million | $-15.65 Million | -0.379x | -585.93% |
| 2001-12-31 | $54.50 Million | $4.25 Million | 0.078x | -78.52% |
| 2000-12-31 | $47.40 Million | $17.21 Million | 0.363x | +44.41% |
| 1999-12-31 | $45.90 Million | $11.54 Million | 0.251x | +176.03% |
| 1998-12-31 | $41.50 Million | $3.78 Million | 0.091x | +232.23% |
| 1997-12-31 | $44.50 Million | $1.22 Million | 0.027x | -70.09% |
| 1996-12-31 | $49.10 Million | $4.50 Million | 0.092x | -- |
About RENN Fund Inc
RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies. The fund employs a fundamental … Read more