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. See how leveraged is RENN Fund Inc's balance sheet to measure how much of total assets are equity-financed.
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. Check RENN Fund Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Evoke Pharma Inc
NASDAQ:EVOK
|
-0.155x |
|
AIRA Factoring Public Company Limited
BK:AF
|
-0.265x |
|
Hubei Geoway Investment Co Ltd
SHG:600462
|
0.893x |
|
Alma Metals Ltd
AU:ALM
|
0.228x |
|
TWay Holdings
KO:004870
|
-0.007x |
|
SE-Education Public Company Limited
BK:SE-ED
|
-0.026x |
|
Niraj Cement Structurals Limited
NSE:NIRAJ
|
-0.097x |
|
INOVIQ LTD.
F:EGQ0
|
N/A |
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 how much is RENN Fund Inc worth.
| 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